Walker & Dunlop Q4 2023 Earnings Report
Key Takeaways
Walker & Dunlop reported Q4 2023 results with total revenues of $274.3 million, a decrease of 3% year over year. The company's net income was $31.6 million, or $0.93 per diluted share, down 24% and 25%, respectively, year over year. Total transaction volume was $9.3 billion, down 17% year over year.
Total transaction volume was $9.3 billion, down 17% from Q4’22.
Total revenues were $274.3 million, down 3% from Q4’22.
Net income was $31.6 million and diluted earnings per share was $0.93, down 24% and 25%, respectively, from Q4’22.
Servicing portfolio was $130.5 billion as of December 31, 2023, up 6% from December 31, 2022.
Walker & Dunlop
Walker & Dunlop
Forward Guidance
Walker & Dunlop is optimistic about a market rebound in 2024, expecting an uptick in financing and sales volumes throughout the CRE ecosystem, and believes they are well-positioned to outperform the competition.