Walker & Dunlop Q1 revenue rises 4% to $237.4M; net income falls 77%
Walker & Dunlop reported first quarter 2025 results, with total revenues up 4% to $237.4 million and transaction volume up 10% to $7.0 billion. Expenses rose 8%, driven by higher personnel costs, a debt refinancing write-off and a larger provision for credit losses, so net income fell 77% to $2.8 million, or $0.08 per diluted share. The company said its 2025 outlook and guidance have not changed and declared a $0.67 per share dividend for the second quarter.
Key points
- Total revenues of $237.4 million, up 4% year over year; total transaction volume of $7.0 billion, up 10%
- Net income of $2.8 million and diluted EPS of $0.08, both down 77%; adjusted core EPS of $0.85, down 29% from $1.19
- Adjusted EBITDA of $65.0 million, down 12%; the company said its 2025 outlook and guidance have not changed
- Board declared a $0.67 per share dividend for Q2 2025, payable May 29, 2025, to holders of record as of May 15, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 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 May 01, 2025.
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.