Walker & Dunlop reported a 16% increase in total revenues, reaching $247 million for Q3 2020. Net income increased by 21% to $53.2 million, with diluted earnings per share up 19% to $1.66. The servicing portfolio grew to $103.4 billion, a 13% increase year-over-year.
Total revenues increased by 16% compared to Q3 2019, reaching $247.0 million.
Net income rose by 21% from Q3 2019, totaling $53.2 million, with diluted earnings per share at $1.66, up 19%.
The servicing portfolio expanded to $103.4 billion as of September 30, 2020, reflecting a 13% growth from Q3 2019.
Total transaction volume was $8.4 billion, a decrease of 6% from Q3 2019.
The company did not provide forward guidance in the earnings report.
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