Exhibit 99.1

 

LOGO

Walker & Dunlop Reports Fourth Quarter

EPS Growth of 52% on Record Revenues

FOURTH QUARTER 2014 HIGHLIGHTS

 

    Loan origination volume of $4.3 billion, up 83% over Q4’13

 

    Increase in loan origination volume driven by 188% increase in Fannie Mae and Freddie Mac originations

 

    Total revenues of $112.6 million, up 32% over Q4’13

 

    GAAP and adjusted diluted earnings per share1 of $0.50, up 52% over Q4’13

 

    Adjusted EBITDA2 of $23.4 million, up 31% over Q4’13

FULL YEAR 2014 HIGHLIGHTS

 

    Loan origination volume of $11.4 billion, up 35% over 2013

 

    Total revenues of $360.8 million, up 13% over 2013

 

    Net income of $51.4 million, or $1.58 per diluted share, up 24% over 2013

 

    Adjusted diluted earnings per share of $1.59, up 24% over 2013

 

    Servicing portfolio at $44.0 billion, an increase of $5.1 billion for the year

 

    Adjusted EBITDA of $84.8 million, up 49% over 2013

 

    Originator headcount increased to 102, up 67% from December 31, 2013

Bethesda, MD – February 12, 2015

– Walker & Dunlop, Inc. (NYSE: WD) (the “Company”) announced today fourth quarter and full year 2014 results. Total revenues for the fourth quarter 2014 were $112.6 million, a 32% increase over fourth quarter 2013. Revenue growth was driven by record origination volume including significant increases in lending with Fannie Mae and Freddie Mac. Fourth quarter 2014 GAAP net income and adjusted net income, which excludes certain items1, increased to $16.3 million, or $0.50 per diluted share, from fourth quarter 2013 GAAP net income of $11.2 million and adjusted net income of $11.4 million, or $0.33 of GAAP and adjusted diluted earnings per share. Adjusted EBITDA for the fourth quarter 2014 was $23.4 million compared to $17.9 million for the same period last year, a 31% increase. Total revenues for 2014 were a record $360.8 million, a 13% increase from 2013. GAAP net income for

 

1


The following information was filed by Walker Dunlop, Inc. (WD) on Thursday, February 12, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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