Walker & Dunlop Reports 35% Growth in Net Income and 60% Growth in Adjusted EBITDA on Revenues of $346 Million
- Bethesda, Maryland | Nov. 4, 2021
Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) reported third quarter 2021 total revenues of $346.3 million, an in-crease of 40% year over year. Net income for the third quarter of 2021 was $71.7 million or $2.21 per diluted share, up 35% and 33%, respectively, from the third quarter of 2020. Third quarter total transaction volume of $18.5 billion, a record and up 120% from the third quarter of 2020, was achieved due to the investments over the past several years in top bankers and brokers across the country to meet our customers’ needs in an extremely active market. Third quarter 2021 adjusted EBITDA was a record at $72.4 million, up 60% over the same period in 2020.