Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Walker & Dunlop Inc. regarding possible recovery of investor losses under federal securities laws [1] Financial Performance - On February 26, 2026, Walker & Dunlop announced its financial results for Q4 2025, reporting aggregate charges of approximately $66.2 million, which included losses from repurchased and indemnified loans and impairments on underperforming real estate assets [3] - The reported adjusted core earnings per share were $0.28, significantly below analyst expectations of approximately $1.23 to $1.46 [3] Stock Market Reaction - Following the financial disclosures, Walker & Dunlop's common stock experienced a decline of approximately 25% over the next two trading days [4] Legal Investigation - Johnson Fistel is investigating whether Walker & Dunlop complied with federal securities laws in light of the financial disclosures and the subsequent stock price drop [4]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-35000 Walker & Dunlop, Inc. (Exact name of registrant as specified in its charter) Maryland 80-0629925 (State or other jurisd ...

Walker & Dunlop (NYSE:WD) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsGreg Florkowski - EVP & CFOKelsey Duffey - SVP of Investor RelationsMatthew Hurwit - VP in Equity ResearchWilly Walker - Chairman and CEOConference Call ParticipantsJade Rahmani - Managing Director and Equity Research AnalystSteve Delaney - Managing Director and Senior Equity AnalystOperatorGood day, welcome to the Q4 2025 Walker & Dunlop, Inc. Earnings Call. Today's conference is being recorded. At this time, ...

Walker & Dunlop (NYSE:WD) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsGreg Florkowski - EVP & CFOKelsey Duffey - SVP of Investor RelationsMatthew Hurwit - VP in Equity ResearchWilly Walker - Chairman and CEOConference Call ParticipantsJade Rahmani - Managing Director and Equity Research AnalystSteve Delaney - Managing Director and Senior Equity AnalystOperatorGood day, welcome to the Q4 2025 Walker & Dunlop, Inc. earnings call. Today's conference is being recorded. At this time, ...

Walker & Dunlop (NYSE:WD) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Speaker4Good day, welcome to the Q4 2025 Walker & Dunlop, Inc. earnings call. Today's conference is being recorded. At this time, I would like to turn the conference over to Kelsey Duffey. Please go ahead.Speaker2Thank you, Cynthia. Good morning, everyone. Thank you for joining Walker & Dunlop's fourth quarter and full year 2025 earnings call. I have with me this morning our Chairman and CEO, Willy Walker, and our CFO, Greg Florko ...

Forward-Looking Statements Q4 2025 EARNINGS Some of the statements contained in this presentation may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as ''may,'' ''will,'' ''sh ...

Exhibit 99.1 Walker & Dunlop Reports Fourth Quarter 2025 Financial Results FOURTH QUARTER 2025 HIGHLIGHTS FULL-YEAR 2025 HIGHLIGHTS BETHESDA, MD – FEBRUARY 26, 2026 – Walker & Dunlop, Inc. (NYSE: WD) (the "Company", "Walker & Dunlop" or "W&D") reported fourth quarter results that reflect significant improvement in its core Capital Markets business, which delivered a 36% increase in total transaction volume to $18.3 billion year over year, and generated fourth quarter revenues of $340 million. The Company re ...

Company Overview - Walker & Dunlop is a leading provider of commercial real estate finance solutions, focusing on multifamily and specialty housing markets [6] - The company offers a diverse portfolio of financing products, including first mortgage, construction, mezzanine, and bridge loans, as well as property sales brokerage and asset management services [9] - As of February 12, 2026, the company's stock price was $61.37, with a revenue of $1.24 billion and a net income of $114.99 million [4] Recent Developments - On February 13, 2026, First Sabrepoint Capital Management disclosed the sale of 90,000 shares of Walker & Dunlop for an estimated $6.39 million, reducing its stake to 30,000 shares valued at $1.80 million [2][8] - This sale decreased the fund's stake in Walker & Dunlop from 3.18% to 0.70% of its 13F assets under management (AUM) [8][10] Financial Performance - Walker & Dunlop's third-quarter transaction volume increased by 34% year over year to $15.5 billion, with revenue rising 16% to $337.7 million and diluted EPS increasing 15% to $0.98 [11] - The servicing portfolio reached $139.3 billion, up 4% from the previous year, and year-to-date transaction volume is running 38% higher than in 2024 [11] Market Position - Despite operational strength, shares of Walker & Dunlop have declined approximately 30% over the past year, underperforming the S&P 500 by 42.98 percentage points [8][12] - The company serves real estate owners and developers across the United States, with a focus on multifamily, affordable, senior, and student housing markets [9]

Core Insights - Walker & Dunlop, Inc. has arranged a total financing of $96.7 million to recapitalize three newly constructed Class A communities in Louisville, Kentucky [1] - The financing involves three floating-rate, interest-only loans secured from an institutional lender [1] - The proceeds from the financing will be utilized to repay existing obligations [1] Company Summary - The financing was arranged by Walker & Dunlop Capital Markets on behalf of Highgates Group [1] - The total number of units involved in the recapitalization is 640 [1] - Key individuals involved in securing the loans include Jonathan Zilber, Joel Chetner, and Josh Geller [1]

Core Insights - Walker & Dunlop is expanding its Capital Markets Institutional Advisory presence in South Florida by adding Michael Stepniewski, who will provide localized expertise in financing strategies across all asset classes [1][2] Group 1: Market Dynamics - Miami is experiencing exceptional momentum as a premier institutional market, characterized by rising transaction activity and a robust financing landscape [2] - The company has been actively engaged in the South Florida market, delivering tailored financing solutions and building strong relationships with local investors and sponsors [2] Group 2: Recent Activities - The Capital Markets Institutional Advisory has arranged significant financings in the Miami area, including loans for 1001 Brickell Bay Drive, construction loans for Villa Miami and Cassi Miami, and refinancing for Forma Miami [2] - Over the past several years, the team has completed more than 75 financings throughout South Florida [2] Group 3: Strategic Positioning - Establishing a permanent institutional advisory presence in South Florida is crucial for meeting client needs, supported by strong synergies across the company's platform and deep institutional capital relationships [3] - The expansion will enable Walker & Dunlop to offer a full suite of advisory expertise, enhancing client experience through integrated platforms and timely insights [3] Group 4: Financial Performance - In 2024, Walker & Dunlop's Capital Markets team sourced over $16 billion from non-Agency capital providers, establishing itself as a top advisor across all asset classes [4]