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Walker & Dunlop Q4 Transaction Volume Leaps 91% to $27.2B over Q4 2020
Bethesda, MD-based Walker & Dunlop, Inc., has reported record total revenues of $407.2 million for Q4 2021, an increase of 16% year over year. Total transaction volume in Q4 was also a record at $27.1 billion, up 91% from Q4 2020.
Net income for Q4 2021 was $79.9 million, down 4% from Q4 2020. Fourth-quarter 2021 adjusted EBITDA was a record of $109.7 million, up 89% over the same period in 2020.
“Record quarterly financial results, including total transaction volume of $27 billion, up 91% year over year, and total revenues of $407 million, up 16%, were driven by the continued strength of our debt brokerage and property sales operations, reflecting the transformation of Walker & Dunlop from a mortgage-centric finance company into a technology-enabled financial services firm,” said Willy Walker, chairman and CEO. “This resulted in dramatic adjusted EBITDA growth of 89% to $110 million, a record by a wide margin.”
Photo: Walker & Dunlop’s new headquarters in The Wilson building, Bethesda, MD
- ◦Economy