Walker & Dunlop Q2 2022 Earnings Report
Key Takeaways
Walker & Dunlop reported a 21% increase in total revenues, reaching $340.8 million for the second quarter of 2022. Transaction volume increased by 67% year over year, totaling $22.5 billion. Net income was $54.3 million, with diluted earnings per share of $1.61.
Total transaction volume of $22.5 billion, up 67% from Q2β21
Total revenues of $340.8 million, up 21% from Q2β21
Net income of $54.3 million and diluted earnings per share of $1.61, down 3% and 7%, respectively, from Q2β21
Servicing portfolio of $119.0 billion at June 30, 2022 up 6% from June 30, 2021
Walker & Dunlop
Walker & Dunlop
Forward Guidance
Walker & Dunlop enters the second half of 2022 with very strong pipelines across our business, particularly with the GSEs and HUD which supply counter-cyclical liquidity as other capital providers struggle to digest rising rates and recessionary fears.