---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001555"
form_type: "8-K"
ticker: "WD"
cik: "0001497770"
company_name: "Walker & Dunlop, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:50:54.320544+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Walker & Dunlop Q4 EPS $1.24 (-49% YoY); revenue $282.9M (-31%); dividend raised 5% to $0.63

## Summary
- Q4 total transaction volume $11.2B, down 59% YoY; full year volume $63.3B, down 7%.
- Q4 net income $41.5M, diluted EPS $1.24 (down 49% YoY); full year EPS $6.36 (down 22%).
- Servicing portfolio grew 6% to $123.1B; combined GSE market share 12.7%, #1 overall GSE lender.
- Board declared Q1 2023 dividend $0.63 per share, a 5% increase, fifth consecutive annual increase.
- Management reaffirmed Drive to '25 targets: $2B revenue and $13 diluted EPS by 2025.

## SEC filing metadata
- accession: 0001558370-23-001555
- form_type: 8-K
- ticker: WD
- cik: 0001497770
- company_name: Walker & Dunlop, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1497770/000155837023001555/0001558370-23-001555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1497770/000155837023001555/wd-20230221x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001555
- JSON: https://secwatch.observer/filing/0001558370-23-001555.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001555.txt

## Key facts
- Earnings Releases
  Walker & Dunlop, Inc. reported the full year 2022 results: revenue Total revenues of $1.3 billion, net income Net income of $213.8 million, EPS diluted earnings per share of $6.36.
  - Period: the full year 2022
  - Revenue: Total revenues of $1.3 billion
  - Net income: Net income of $213.8 million
  - EPS: diluted earnings per share of $6.36
  - Result: reported results
  source text: FULL YEAR 2022 HIGHLIGHTS ● Total transaction volume of $63.3 billion, down 7% from 2021 ● Total revenues of $1.3 billion, flat from 2021 ● Net income of $213.8 million and diluted earnings per share of $6.36, down 20% and 22%, respectively, from 2021 ● Adjusted EBITDA 1 of $325.1 million, up 5% from 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1497770/000155837023001555/0001558370-23-001555-index.htm
- Earnings Releases
  Walker & Dunlop, Inc. reported financial results for the quarter and year-to-date period ended December 31, 2022.
  - Period: the quarter and year-to-date period ended December 31, 2022
  - Result: reported results
  source text: On February 21, 2023, Walker & Dunlop, Inc. (the “Company”) issued a press release reporting its financial results for the quarter and year-to-date period ended December 31, 2022. A copy of this press release is furnished herewith as Exhibit 99.1 and is hereby incorporated by reference into this Item 2.02.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1497770/000155837023001555/0001558370-23-001555-index.htm
- Earnings Releases
  Walker & Dunlop, Inc. reported the fourth quarter of 2022 results: revenue total revenues of $282.9 million, net income Net income for the fourth quarter of 2022 was $41.5 million, EPS $1.24 per diluted share.
  - Period: the fourth quarter of 2022
  - Revenue: total revenues of $282.9 million
  - Net income: Net income for the fourth quarter of 2022 was $41.5 million
  - EPS: $1.24 per diluted share
  - Result: reported results
  source text: Walker & Dunlop, Inc. (NYSE: WD) (the “Company”, “Walker & Dunlop” or “W&D”) reported total revenues of $282.9 million for the fourth quarter of 2022, a decrease of 31% year over year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1497770/000155837023001555/0001558370-23-001555-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.