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Jun 30, 2023
Walker & Dunlop Q2 2023 Earnings Report
Walker & Dunlop's Q2 2023 financial results reflect continued investments amidst a challenging macro-economic environment.
Key Takeaways
Walker & Dunlop reported a decrease in total transaction volume by 63% year-over-year due to Federal Reserve tightening. Despite this, total revenues decreased by only 20% due to strength in recurring servicing and asset management revenues. Net income was $27.6 million, a 49% decrease year-over-year.
Total transaction volume was $8.4 billion, a decrease of 63% from Q2 2022.
Total revenues reached $272.6 million, down 20% from the previous year.
Net income amounted to $27.6 million, with diluted earnings per share at $0.82, both decreasing by 49% from Q2 2022.
The servicing portfolio totaled $126.6 billion as of June 30, 2023, marking a 6% increase from June 30, 2022.
Walker & Dunlop
Walker & Dunlop
Walker & Dunlop Revenue by Segment
Revenue by Segment
Capital Markets Revenue
CapyFin.comServicing & Asset Management Revenue
CapyFin.comCorporate Revenue
CapyFin.com Forward Guidance
The company did not provide forward guidance in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income