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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) 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 $336.2M, roughly 1.0× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs -12.9%, a 41.1% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -0.4%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 0.2%).
Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
FULT vs WD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $336.2M | $340.0M |
| Net Profit | $94.8M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | — | -17.2% |
| Net Margin | 28.2% | -12.9% |
| Revenue YoY | 4.2% | -0.4% |
| Net Profit YoY | 1.9% | -131.0% |
| EPS (diluted) | $0.55 | $-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.
| Q1 26 | $336.2M | — | ||
| Q4 25 | $336.0M | $340.0M | ||
| Q3 25 | $334.6M | $337.7M | ||
| Q2 25 | $324.1M | $319.2M | ||
| Q1 25 | $318.4M | $237.4M | ||
| Q4 24 | $319.6M | $341.5M | ||
| Q3 24 | $317.7M | $292.3M | ||
| Q2 24 | $334.7M | $270.7M |
| Q1 26 | $94.8M | — | ||
| Q4 25 | $99.0M | $-13.9M | ||
| Q3 25 | $100.5M | $33.5M | ||
| Q2 25 | $99.2M | $34.0M | ||
| Q1 25 | $93.0M | $2.8M | ||
| Q4 24 | $68.6M | $44.8M | ||
| Q3 24 | $63.2M | $28.8M | ||
| Q2 24 | $95.0M | $22.7M |
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | -17.2% | ||
| Q3 25 | 38.2% | 13.6% | ||
| Q2 25 | 37.8% | 14.5% | ||
| Q1 25 | 36.1% | 2.2% | ||
| Q4 24 | 27.0% | 15.3% | ||
| Q3 24 | 25.1% | 12.8% | ||
| Q2 24 | 30.8% | 10.4% |
| Q1 26 | 28.2% | — | ||
| Q4 25 | 29.5% | -12.9% | ||
| Q3 25 | 30.0% | 9.9% | ||
| Q2 25 | 30.6% | 10.6% | ||
| Q1 25 | 29.2% | 1.2% | ||
| Q4 24 | 21.5% | 13.1% | ||
| Q3 24 | 19.9% | 9.9% | ||
| Q2 24 | 28.4% | 8.4% |
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.53 | $-0.41 | ||
| Q3 25 | $0.53 | $0.98 | ||
| Q2 25 | $0.53 | $0.99 | ||
| Q1 25 | $0.49 | $0.08 | ||
| Q4 24 | $0.36 | $1.32 | ||
| Q3 24 | $0.33 | $0.85 | ||
| Q2 24 | $0.52 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.5B | $1.7B |
| Total Assets | $32.2B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $299.3M | ||
| Q3 25 | — | $274.8M | ||
| Q2 25 | — | $233.7M | ||
| Q1 25 | — | $181.0M | ||
| Q4 24 | — | $279.3M | ||
| Q3 24 | — | $179.8M | ||
| Q2 24 | — | $208.1M |
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $1.7B | ||
| Q3 25 | $3.4B | $1.8B | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.2B | $1.7B | ||
| Q3 24 | $3.2B | $1.7B | ||
| Q2 24 | $3.1B | $1.7B |
| Q1 26 | $32.2B | — | ||
| Q4 25 | $32.1B | $5.1B | ||
| Q3 25 | $32.0B | $5.8B | ||
| Q2 25 | $32.0B | $4.7B | ||
| Q1 25 | $32.1B | $4.5B | ||
| Q4 24 | $32.1B | $4.4B | ||
| Q3 24 | $32.2B | $4.6B | ||
| Q2 24 | $31.8B | $4.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $304.5M | $-664.3M | ||
| Q3 25 | $116.1M | $-948.1M | ||
| Q2 25 | $91.7M | $-238.5M | ||
| Q1 25 | $703.0K | $-281.1M | ||
| Q4 24 | $416.6M | $129.4M | ||
| Q3 24 | $-22.0M | $-202.0M | ||
| Q2 24 | $157.8M | $-237.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 1.16× | -28.34× | ||
| Q2 25 | 0.92× | -7.02× | ||
| Q1 25 | 0.01× | -102.07× | ||
| Q4 24 | 6.07× | 2.89× | ||
| Q3 24 | -0.35× | -7.01× | ||
| Q2 24 | 1.66× | -10.49× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
