v3.25.1
Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Total revenues $ 237,367 $ 228,059
Expenses    
Personnel 121,390 111,463
Amortization and depreciation 57,621 55,891
Provision (benefit) for credit losses 3,712 524
Interest expense on corporate debt 15,514 17,659
Other operating expenses 33,886 28,843
Total expenses 232,123 214,380
Income from operations 5,244 13,679
Income tax expense 2,519 2,864
Net income before noncontrolling interests 2,725 10,815
Net income (loss) from noncontrolling interests (29) (1,051)
Walker & Dunlop net income 2,754 11,866
Net change in unrealized gains (losses) on pledged available-for-sale securities, net of taxes 709 (13)
Walker & Dunlop comprehensive income $ 3,463 $ 11,853
Basic earnings per share (NOTE 10) $ 0.08 $ 0.35
Diluted earnings per share (NOTE 10) $ 0.08 $ 0.35
Basic weighted-average shares outstanding 33,264 32,978
Diluted weighted-average shares outstanding 33,296 33,048
Loan origination and debt brokerage fees, net    
Revenues    
Total revenues $ 46,381 $ 43,740
Fair value of expected net cash flows from servicing, net    
Revenues    
Total revenues 27,811 20,898
Servicing fees    
Revenues    
Total revenues 82,221 80,043
Property sales broker fees    
Revenues    
Total revenues 13,521 8,821
Investment management fees    
Revenues    
Total revenues 9,682 13,520
Net warehouse interest income (expense)    
Revenues    
Total revenues (786) (1,116)
Placement fees and other interest income    
Revenues    
Total revenues 33,211 39,402
Other revenue    
Revenues    
Total revenues $ 25,326 $ 22,751