​

For the three months ended June 30, 

​

For the six months ended June 30, 

​

EPS Calculations (in thousands, except per share amounts)

2026

​

2025

​

2026

​

2025

​

Calculation of basic EPS

​

​

​

​

​

​

​

​

​

​

​

​

​

Walker & Dunlop net income

$

3,006

​

$

33,952

​

$

18,877

​

$

36,706

​

​

Less: dividends and undistributed earnings allocated to participating securities

(152)

​

790

​

512

​

877

​

​

Net income applicable to common stockholders

$

3,158

​

$

33,162

​

$

18,365

​

$

35,829

​

​

Weighted-average basic shares outstanding

​

33,263

​

​

33,358

​

​

33,328

​

​

33,311

​

​

Basic EPS

$

0.09

​

$

1.00

​

$

0.55

​

$

1.08

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Calculation of diluted EPS

​

​

​

​

​

​

​

​

​

​

​

​

​

Net income applicable to common stockholders

$

3,158

​

$

33,162

​

$

18,365

​

$

35,829

​

​

Add: reallocation of dividends and undistributed earnings based on assumed conversion

​

—

​

​

—

​

​

(1)

​

​

—

​

​

Net income allocated to common stockholders

$

3,158

​

$

33,162

​

$

18,364

​

$

35,829

​

​

Weighted-average basic shares outstanding

​

33,263

​

​

33,358

​

​

33,328

​

​

33,311

​

​

Add: weighted-average diluted non-participating securities

​

12

​

​

13

​

​

15

​

​

22

​

​

Weighted-average diluted shares outstanding

​

33,275

​

​

33,371

​

​

33,343

​

​

33,333

​

​

Diluted EPS

$

0.09

​

$

0.99

​

$

0.55

​

$

1.07

​

​