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Side-by-side financial comparison of CBL International Ltd (BANL) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.

Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $277.2M, roughly 1.2× CBL International Ltd). CBL International Ltd runs the higher net margin — -0.6% vs -12.9%, a 12.3% gap on every dollar of revenue.

BANL vs WD — Head-to-Head

Bigger by revenue
WD
WD
1.2× larger
WD
$340.0M
$277.2M
BANL
Higher net margin
BANL
BANL
12.3% more per $
BANL
-0.6%
-12.9%
WD

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BANL
BANL
WD
WD
Revenue
$277.2M
$340.0M
Net Profit
$-1.6M
$-13.9M
Gross Margin
1.0%
Operating Margin
-0.5%
-17.2%
Net Margin
-0.6%
-12.9%
Revenue YoY
-0.4%
Net Profit YoY
-131.0%
EPS (diluted)
$-0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BANL
BANL
WD
WD
Q4 25
$340.0M
Q3 25
$337.7M
Q2 25
$277.2M
$319.2M
Q1 25
$237.4M
Q4 24
$592.5M
$341.5M
Q3 24
$292.3M
Q2 24
$192.0M
$270.7M
Q1 24
$228.1M
Net Profit
BANL
BANL
WD
WD
Q4 25
$-13.9M
Q3 25
$33.5M
Q2 25
$-1.6M
$34.0M
Q1 25
$2.8M
Q4 24
$-3.9M
$44.8M
Q3 24
$28.8M
Q2 24
$22.7M
Q1 24
$11.9M
Gross Margin
BANL
BANL
WD
WD
Q4 25
Q3 25
Q2 25
1.0%
Q1 25
Q4 24
0.9%
Q3 24
Q2 24
2.1%
Q1 24
Operating Margin
BANL
BANL
WD
WD
Q4 25
-17.2%
Q3 25
13.6%
Q2 25
-0.5%
14.5%
Q1 25
2.2%
Q4 24
-0.6%
15.3%
Q3 24
12.8%
Q2 24
10.4%
Q1 24
6.0%
Net Margin
BANL
BANL
WD
WD
Q4 25
-12.9%
Q3 25
9.9%
Q2 25
-0.6%
10.6%
Q1 25
1.2%
Q4 24
-0.7%
13.1%
Q3 24
9.9%
Q2 24
8.4%
Q1 24
5.2%
EPS (diluted)
BANL
BANL
WD
WD
Q4 25
$-0.41
Q3 25
$0.98
Q2 25
$0.99
Q1 25
$0.08
Q4 24
$-0.14
$1.32
Q3 24
$0.85
Q2 24
$0.67
Q1 24
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BANL
BANL
WD
WD
Cash + ST InvestmentsLiquidity on hand
$299.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.9M
$1.7B
Total Assets
$69.3M
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BANL
BANL
WD
WD
Q4 25
$299.3M
Q3 25
$274.8M
Q2 25
$233.7M
Q1 25
$181.0M
Q4 24
$8.0M
$279.3M
Q3 24
$179.8M
Q2 24
$208.1M
Q1 24
$216.5M
Stockholders' Equity
BANL
BANL
WD
WD
Q4 25
$1.7B
Q3 25
$1.8B
Q2 25
$22.9M
$1.8B
Q1 25
$1.7B
Q4 24
$22.9M
$1.7B
Q3 24
$1.7B
Q2 24
$25.3M
$1.7B
Q1 24
$1.7B
Total Assets
BANL
BANL
WD
WD
Q4 25
$5.1B
Q3 25
$5.8B
Q2 25
$69.3M
$4.7B
Q1 25
$4.5B
Q4 24
$69.3M
$4.4B
Q3 24
$4.6B
Q2 24
$53.5M
$4.2B
Q1 24
$3.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BANL
BANL
WD
WD
Operating Cash FlowLast quarter
$-664.3M
Free Cash FlowOCF − Capex
$-680.1M
FCF MarginFCF / Revenue
-200.0%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BANL
BANL
WD
WD
Q4 25
$-664.3M
Q3 25
$-948.1M
Q2 25
$-238.5M
Q1 25
$-281.1M
Q4 24
$-1.9M
$129.4M
Q3 24
$-202.0M
Q2 24
$-237.8M
Q1 24
$38.4M
Free Cash Flow
BANL
BANL
WD
WD
Q4 25
$-680.1M
Q3 25
$-950.4M
Q2 25
$-241.0M
Q1 25
$-284.7M
Q4 24
$-2.1M
$116.4M
Q3 24
$-204.0M
Q2 24
$-241.7M
Q1 24
$35.2M
FCF Margin
BANL
BANL
WD
WD
Q4 25
-200.0%
Q3 25
-281.5%
Q2 25
-75.5%
Q1 25
-120.0%
Q4 24
-0.4%
34.1%
Q3 24
-69.8%
Q2 24
-89.3%
Q1 24
15.4%
Capex Intensity
BANL
BANL
WD
WD
Q4 25
4.6%
Q3 25
0.7%
Q2 25
0.8%
Q1 25
1.5%
Q4 24
0.0%
3.8%
Q3 24
0.7%
Q2 24
1.4%
Q1 24
1.4%
Cash Conversion
BANL
BANL
WD
WD
Q4 25
Q3 25
-28.34×
Q2 25
-7.02×
Q1 25
-102.07×
Q4 24
2.89×
Q3 24
-7.01×
Q2 24
-10.49×
Q1 24
3.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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