Walker & Dunlop Q2 net income falls 91% to $3.0 million on $23.2 million loan charges
Walker & Dunlop reported second quarter 2026 total revenues of $306.7 million, down 4% from a year earlier, and net income of $3.0 million, or $0.09 per diluted share, down 91%. Adjusted core EPS rose 3% to $1.19, and transaction volume grew 3% to $14.4 billion. The company said the quarter included $23.2 million of operating and credit-related charges tied to legacy repurchased and indemnified loans, which shareholders will weigh against the adjusted measure.
Key points
- Total revenues $306.7 million, down 4% from Q2 2025; net income $3.0 million; diluted EPS $0.09 versus $0.99 a year earlier
- Adjusted core EPS $1.19, up 3% from Q2 2025 (non-GAAP)
- Charges of $23.2 million tied to legacy indemnified and repurchased loans; repurchased loan exposure reduced by $39.4 million since quarter end to $153.8 million, with $41.7 million of reserves
- Board declared a $0.68 per share dividend for Q3 2026, payable September 3, 2026, to holders of record as of August 20, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.