Highest-materiality recent filing
Walker & Dunlop COO Stephen P. Theobald to retire March 31, 2027; duties split among other employees
Stephen P. Theobald, Executive Vice President and Chief Operating Officer, notified Walker & Dunlop on September 30, 2026 that he will retire effective March 31, 2027.
Walker & Dunlop extends JPMorgan repurchase facility to Sept 2027
Amendment No. 9 to Master Repurchase Agreement with JPMorgan Chase dated Sept 9, 2026.
Walker & Dunlop Q2 net income down 91% to $3M; adjusted core EPS up 3% to $1.19
Total revenues $306.7M (-4% YoY); net income $3.0M, diluted EPS $0.09 (both -91%).
Walker & Dunlop stockholders elect all eight director nominees, ratify KPMG, approve say-on-pay
All eight director nominees elected with majority support; broker non-votes ~3.1M.
Walker & Dunlop Q1 2026: revenue up 27%, transaction volume up 94%, net income up 476%
Transaction volume $13.7B (+94% YoY); total revenues $301.3M (+27% YoY).
Walker & Dunlop sets 2030 targets: Adj. EBITDA $400-500M, rev $2B+, EPS $8-$10
2030 targets: Adjusted EBITDA $400-500M, Total Revenues $2B+, EPS $8.00-$10.00, Adjusted Core EPS $8.00-$10.00.
Maturity extended to March 1, 2027; decreased bulge commitment fee.
Walker & Dunlop reports Q4/FY2025 earnings; figures not available in filing text
Company issued press release on February 26, 2026 covering Q4 and full-year 2025 results.
Walker & Dunlop amends warehousing credit facility; reduces floating SOFR rate margin to 1.20%
Reduces Applicable Daily Floating Term SOFR Rate to Term SOFR plus 1.20%, effective February 1, 2026.
Walker & Dunlop Q3 2025: Revenue $337.7M (+16%), EPS $0.98 (+15%), volume $15.5B (+34%)
Revenue of $337.7M, net income $33.5M, diluted EPS $0.98, all up 15-16% YoY.
Walker & Dunlop extends repurchase facility to Sep 2026, ups limit to $1.5B temporarily
Termination date extended to September 10, 2026 per Amendment No. 8 with JPMorgan Chase.
Walker & Dunlop elects former Invitation Homes CFO Ernest Freedman to board and Audit Committee
Board size increased from 7 to 8; Freedman appointed as independent director effective September 11, 2025.
Walker & Dunlop temporarily ups JPMorgan repurchase facility uncommitted amount to $1.45B
Uncommitted facility increased to $1.45B from $950M from Aug 26, 2025 through Nov 20, 2025.
Walker & Dunlop grants CEO performance stock units tied to relative TSR
Award to CEO William Walker on Aug 24, 2025 under 2024 Equity Incentive Plan.
Walker & Dunlop Q2 revenue up 18%, net income up 50% but adjusted core EPS down 7%
Total transaction volume $14.0B (+65% YoY); total revenues $319.2M (+18% YoY).
Walker & Dunlop shareholders elect all seven director nominees; ratify KPMG and approve compensation
All seven director nominees elected for one-year term at May 1, 2025 meeting; votes for ranged from 26.5M to 27.4M.
Walker & Dunlop Q1 net income down 77% to $0.08 EPS; revenue up 4% to $237.4M
Total transaction volume $7.0B, up 10% YoY; total revenues $237.4M, up 4% YoY.
Walker & Dunlop extends warehouse credit facility maturity to April 2026
Fifteenth amendment to warehousing credit agreement with PNC Bank extends maturity to April 10, 2026.
Walker & Dunlop issues $400M 6.625% senior notes due 2033, refinances term loan
Issued $400M aggregate principal amount of senior unsecured notes due April 1, 2033, bearing interest at 6.625% per annum.
Walker & Dunlop prices $450M term loan at SOFR+2.00%, $50M revolver at SOFR+1.75%
$450M term loan initially bears SOFR+2.00%; margin steps down 25bps if leverage ratio ≤2.00x.
Walker & Dunlop prices $400M 6.625% senior notes due 2033
$400M aggregate principal at 6.625% interest due 2033, issued at par.
Walker & Dunlop launches $400M senior notes offering and amends term loan
Offers $400M of senior unsecured notes due 2033 in private placement exempt from SEC registration.
Walker & Dunlop files 8-K for Q4/FY2024 earnings; exhibit with results not included
Press release issued on Feb 13, 2025 covering Q4 and year ended Dec 31, 2024.
Walker & Dunlop Q3 net income up 34%, total transaction volume $11.6B (+36% YoY)
Total revenues $292.3M (+9% YoY); diluted EPS $0.85 (+33%).
Walker & Dunlop extends master repurchase agreement with JPMorgan to Sept 2025
Termination Date extended to September 11, 2025 via Amendment No. 7.
Walker & Dunlop Q2 rev $270.7M (-1%), EPS $0.67 (-18%); adj. core EPS $1.23 (+26%)
Q2 total transaction volume $8.4B (flat YoY, up 32% from Q1); servicing portfolio $132.8B (+5%).
Director Michael D. Malone passes away; Gary S. Pinkus elected to Board and Audit Committee
Michael D. Malone, Board member since 2012 and Lead Director, passed away on June 7, 2024.
Walker & Dunlop's EVP, GC and Secretary Lucas resigns; Groman named interim
Richard M. Lucas resigned as EVP, General Counsel and Secretary effective May 23, 2024, not due to any disagreement.
Walker & Dunlop refinances $198M of term loans, cuts interest spread by 75 bps
Refinanced $198M of Incremental Term B Loans (Term SOFR + 3.00%) with new Initial Term Loans at Term SOFR + 2.25%.
Walker & Dunlop shareholders approve 2024 equity plan; CEO Walker adds President title
Shareholders approved 2024 Equity Incentive Plan, adding 1.5M shares and extending term to Feb 2034.
Walker & Dunlop Q1 net income down 55% YoY; adjusted core EPS up 2%
GAAP net income $11.9M ($0.35 diluted EPS) vs $26.7M ($0.79) in Q1 23, down 55% and 56%.
Walker & Dunlop extends warehousing credit facility maturity to April 2025
Extended maturity date to April 11, 2025 under Fourteenth Amendment with PNC Bank.
Director Michael Warren to step down from Walker & Dunlop board at May 2024 annual meeting
Michael Warren notified the Board on Feb 29, 2024 he will not stand for reelection at the May 2, 2024 annual meeting.
Walker & Dunlop Q4 2023 net income $31.6M (-24% YoY); adjusted core EPS $1.42 (+1% YoY)
Q4 total transaction volume $9.3B (-17% YoY); full year $33B (-48% YoY).
Walker & Dunlop Q3 net income down 54% to $0.64 EPS; total revenues -15% to $268.7M
Total transaction volume $8.6B, down 49% YoY; total revenues $268.7M, down 15%.
Walker & Dunlop extends JPMorgan repurchase facility to Sep 2024; pricing unchanged at SOFR+145bps
Termination date extended to September 12, 2024 under Amendment No. 6 to Master Repurchase Agreement with JPMorgan Chase.
Walker & Dunlop Q2 revenue down 20%, EPS down 49% YoY on 63% volume drop
Total transaction volume of $8.4B, down 63% YoY; total revenues $272.6M (-20%).
Walker & Dunlop President Howard Smith to Retire on Jan 1, 2024; Duties Split
Howard W. Smith, III, President and board member, will retire effective January 1, 2024.
Walker & Dunlop stockholders elect all eight director nominees at 2023 annual meeting
All eight director nominees elected with strong support; highest vote count 24.97M for Michael J. Warren.
Walker & Dunlop Q1'23: revenue -25%, GAAP EPS -63%, adj. core EPS +10%
Total transaction volume $6.7B, down 47% YoY; revenues $238.7M, down 25%.
Walker & Dunlop to cut ~8% (110 employees) of workforce; expects $25M annual savings
Workforce reduction of approximately 8% (110 employees) due to challenging conditions in commercial real estate.
Walker & Dunlop extends warehouse credit facility maturity to April 2024
Maturity extended to April 12, 2024 under Thirteenth Amendment with PNC Bank.
Walker & Dunlop Q4 EPS $1.24 (-49% YoY); revenue $282.9M (-31%); dividend raised 5% to $0.63
Q4 total transaction volume $11.2B, down 59% YoY; full year volume $63.3B, down 7%.
Walker & Dunlop amends bylaws to tighten advance notice, add exclusive forum provisions
Stockholder proposals and director nominations now require additional disclosures, including proxy statement-level information.
Walker & Dunlop closes $200M incremental term loan to repay Alliant acquisition debt
Incremental term B loans of $200M under senior secured term loan facility.
Walker & Dunlop Amends Repurchase Agreement with JPMorgan Chase
Amendment No. 5 dated Dec 29, 2022 modifies total indebtedness to tangible net worth ratio to not more than 3.00 to 1.00.
Walker & Dunlop Q3 revenues down 9% to $315.6M; EPS $1.40 vs $2.21; adjusted EBITDA up 4%
Net income $46.8M ($1.40 diluted EPS) vs $71.7M ($2.21) in Q3 2021, down 37%.
Termination date of master repurchase agreement extended to September 14, 2023, from prior date.
Walker & Dunlop Q2 revenue up 21% to $341M, EPS falls 7% to $1.61
Total transaction volume surged 67% to $22.5B; property sales up 136% to $7.9B.
Walker & Dunlop holds Investor Day; no specific financial results disclosed in filing
Virtual Investor Day held May 19, 2022 with presentations and Q&A.
On September 30, 2026, Stephen P. Theobald, Executive Vice President and Chief Operating Officer notified Walker & Dunlop, Inc. (the “Company”), that he will retire from the Company, effective March 31, 2027, on which date he will cease to serve as an officer and employee of the Company.
the Board elected Gary S. Pinkus to the Board, effective immediately
On May 23, 2024, Richard M. Lucas notified Walker & Dunlop, Inc. (the “Company”) of his decision to resign from his position as Executive Vice President, General Counsel and Secretary, effective immediately.
on May 2, 2024, the Board appointed William M. Walker, currently the Company’s Chairman of the Board and Chief Executive Officer, to also serve in the position of President, effective immediately.
On February 29, 2024, Michael Warren, a member of the Board of Directors (the “Board”) of Walker & Dunlop, Inc. (the “Company”), notified the Company that he will not stand for reelection to the Board at the Company’s 2024 annual meeting of stockholders to be held on May 2, 2024 (the “Annual Meeting”), and therefore his term as a director will end at the Annual Meeting.
On July 5, 2023, Mr. Smith also notified the Company that he will not stand for reelection at the Company’s 2024 annual meeting of stockholders (the “Annual Meeting”), and therefore his service as a director will end at the conclusion of the Annual Meeting.
On July 5, 2023, Howard W. Smith, III, President and a member of the Board of Directors of Walker & Dunlop, Inc. (the “Company”), notified the Company that he will retire from the Company, effective as of January 1, 2024, on which date he will cease to serve as an officer and employee of the Company.
On May 4, 2022, the Board of Directors (the “Board”) of the Company appointed Stephen P. Theobald, currently the Company’s Executive Vice President and Chief Financial Officer, to the position of Executive Vice President and Chief Operating Officer, effective as of June 1, 2022.
Also on May 4, 2022, the Board appointed Gregory A. Florkowski, currently the Executive Vice President, Business Development of Walker & Dunlop, LLC, the Company’s primary operating subsidiary, to the position of Executive Vice President and Chief Financial Officer, effective as of June 1, 2022.
On February 25, 2022, Alan Bowers, a member of the Board of Directors (the “Board”) of Walker & Dunlop, Inc. (the “Company”), notified the Company that he will not stand for reelection to the Board at the Company’s 2022 annual meeting of stockholders to be held on May 5, 2022
Max materiality 0.85 · Median 0.53 · Most common event debt