Quarterly ResultAug 6, 2026, 06:22 AM
Walker & Dunlop Q2 Net Income Plunges to $3.01M; EPS $0.09
AI Summary
Walker & Dunlop reported a significant decline in net income for Q2 2026, falling to $3.01 million from $33.95 million in Q2 2025, with diluted EPS dropping to $0.09 from $0.99. Total revenues for the quarter decreased to $306.69 million, while total expenses rose to $304.62 million, driven by higher provision for credit losses and indemnified loan expenses. For the six months ended June 30, 2026, net income was $18.88 million, down from $36.71 million in the prior year. The company also saw a legal proceeding dismissed with prejudice and positive developments regarding repurchased loans post-quarter end.
Key Highlights
- Q2 2026 Net Income: $3.01 million, down from $33.95 million in Q2 2025.
- Q2 2026 Diluted EPS: $0.09, down from $0.99 in Q2 2025.
- Q2 2026 Total Revenues: $306.69 million, compared to $319.24 million in Q2 2025.
- Six-month 2026 Net Income: $18.88 million, down from $36.71 million in 2025.
- Provision for credit losses: $20.97 million in Q2 2026, up from $1.82 million in Q2 2025.
- Net cash from operating activities: $25.57 million for six months 2026, up from $(519.56) million in 2025.
- Legal proceeding dismissed with prejudice on June 29, 2026.
- Repurchased $19.40 million of common stock during the six months ended June 30, 2026.
Price Impact
More from WD