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Jun 30, 2021

Walker & Dunlop Q2 2021 Earnings Report

Revenues increased as services businesses expanded dramatically.

Key Takeaways

Walker & Dunlop reported an 11% increase in total revenues, reaching $281.4 million for the second quarter of 2021. This growth was driven by record volumes in brokered debt and property sales. Net income stood at $56.1 million, with diluted earnings per share at $1.73.

Total transaction volume increased by 90% to $13.5 billion compared to Q2 2020.

Total revenues increased by 11% to $281.4 million compared to Q2 2020.

Net income decreased by 10% to $56.1 million compared to Q2 2020.

Servicing portfolio increased by 12% to $112.3 billion as of June 30, 2021, compared to June 30, 2020.

Total Revenue
$281M
Previous year: $253M
+11.3%
EPS
$1.73
Previous year: $1.95
-11.3%
Total Transaction Volume
$13.5B
Previous year: $7.1B
+90.5%
Servicing Portfolio
$112B
Previous year: $100B
+12.3%
Debt Financing Volume
$10.2B
Previous year: $6.68B
+52.5%
Gross Profit
$138M
Previous year: $144M
-3.9%
Cash and Equivalents
$327M
Previous year: $275M
+18.6%
Total Assets
$3.94B
Previous year: $3.79B
+4.0%

Walker & Dunlop

Walker & Dunlop

Forward Guidance

This document does not contain explicit forward guidance. Therefore, a response is not possible.