v3.25.1
SEGMENTS - Reportable Segments (Details)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
segment
$ / shares
Mar. 31, 2024
USD ($)
segment
$ / shares
Dec. 31, 2024
USD ($)
Segments      
Number of reportable segments | segment 3 3  
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 (benefit) 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  
Total assets $ 4,511,878 $ 3,825,912 $ 4,381,993
Diluted EPS | $ / shares $ 0.08 $ 0.35  
Operating margin 2.00% 6.00%  
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  
Operating Segments | Capital Markets      
Revenues      
Total revenues 102,570 81,897  
Expenses      
Personnel 86,466 79,187  
Amortization and depreciation 1,141 1,137  
Interest expense on corporate debt 4,187 4,851  
Other operating expenses 6,235 5,052  
Total expenses 98,029 90,227  
Income from operations 4,541 (8,330)  
Income tax expense (benefit) 2,181 (1,744)  
Net income before noncontrolling interests 2,360 (6,586)  
Net income (loss) from noncontrolling interests   114  
Walker & Dunlop net income 2,360 (6,700)  
Total assets $ 1,582,827 $ 1,155,060  
Diluted EPS | $ / shares $ 0.07 $ (0.2)  
Operating margin 4.00% (10.00%)  
Operating Segments | Capital Markets | Loan origination and debt brokerage fees, net      
Revenues      
Total revenues $ 45,297 $ 43,700  
Operating Segments | Capital Markets | Fair value of expected net cash flows from servicing, net      
Revenues      
Total revenues 27,811 20,898  
Operating Segments | Capital Markets | Property sales broker fees      
Revenues      
Total revenues 13,521 8,821  
Operating Segments | Capital Markets | Net warehouse interest income (expense)      
Revenues      
Total revenues (786) (1,574)  
Operating Segments | Capital Markets | Other revenue      
Revenues      
Total revenues 16,727 10,052  
Operating Segments | Servicing and Asset Management      
Revenues      
Total revenues 131,903 141,235  
Expenses      
Personnel 19,546 18,055  
Amortization and depreciation 54,498 53,071  
Provision (benefit) for credit losses 3,712 524  
Interest expense on corporate debt 9,931 11,191  
Other operating expenses 7,468 5,123  
Total expenses 95,155 87,964  
Income from operations 36,748 53,271  
Income tax expense (benefit) 17,651 11,153  
Net income before noncontrolling interests 19,097 42,118  
Net income (loss) from noncontrolling interests (29) (1,165)  
Walker & Dunlop net income 19,126 43,283  
Total assets $ 2,480,822 $ 2,270,266  
Diluted EPS | $ / shares $ 0.55 $ 1.28  
Operating margin 28.00% 38.00%  
Operating Segments | Servicing and Asset Management | Loan origination and debt brokerage fees, net      
Revenues      
Total revenues $ 1,084 $ 40  
Operating Segments | Servicing and Asset Management | Servicing fees      
Revenues      
Total revenues 82,221 80,043  
Operating Segments | Servicing and Asset Management | Investment management fees      
Revenues      
Total revenues 9,682 13,520  
Operating Segments | Servicing and Asset Management | Net warehouse interest income (expense)      
Revenues      
Total revenues   458  
Operating Segments | Servicing and Asset Management | Placement fees and other interest income      
Revenues      
Total revenues 29,622 35,603  
Operating Segments | Servicing and Asset Management | Other revenue      
Revenues      
Total revenues 9,294 11,571  
Operating Segments | Corporate      
Revenues      
Total revenues 2,894 4,927  
Expenses      
Personnel 15,378 14,221  
Amortization and depreciation 1,982 1,683  
Interest expense on corporate debt 1,396 1,617  
Other operating expenses 20,183 18,668  
Total expenses 38,939 36,189  
Income from operations (36,045) (31,262)  
Income tax expense (benefit) (17,313) (6,545)  
Net income before noncontrolling interests (18,732) (24,717)  
Walker & Dunlop net income (18,732) (24,717)  
Total assets $ 448,229 $ 400,586  
Diluted EPS | $ / shares $ (0.54) $ (0.73)  
Operating margin (1246.00%) (635.00%)  
Operating Segments | Corporate | Placement fees and other interest income      
Revenues      
Total revenues $ 3,589 $ 3,799  
Operating Segments | Corporate | Other revenue      
Revenues      
Total revenues $ (695) $ 1,128