vs
Side-by-side financial comparison of TEXAS CAPITAL BANCSHARES INC (TCBI) 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 $324.0M, roughly 1.0× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs -12.9%, a 35.7% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs -0.4%). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 10.2%).
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
TCBI vs WD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $324.0M | $340.0M |
| Net Profit | $73.8M | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | — | -17.2% |
| Net Margin | 22.8% | -12.9% |
| Revenue YoY | 15.5% | -0.4% |
| Net Profit YoY | 56.8% | -131.0% |
| EPS (diluted) | $1.56 | $-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 | $324.0M | — | ||
| Q4 25 | $327.5M | $340.0M | ||
| Q3 25 | $340.4M | $337.7M | ||
| Q2 25 | $307.5M | $319.2M | ||
| Q1 25 | $280.5M | $237.4M | ||
| Q4 24 | $229.6M | $341.5M | ||
| Q3 24 | $125.3M | $292.3M | ||
| Q2 24 | $267.0M | $270.7M |
| Q1 26 | $73.8M | — | ||
| Q4 25 | $100.7M | $-13.9M | ||
| Q3 25 | $105.2M | $33.5M | ||
| Q2 25 | $77.3M | $34.0M | ||
| Q1 25 | $47.0M | $2.8M | ||
| Q4 24 | $71.0M | $44.8M | ||
| Q3 24 | $-61.3M | $28.8M | ||
| Q2 24 | $41.7M | $22.7M |
| Q1 26 | — | — | ||
| Q4 25 | 40.4% | -17.2% | ||
| Q3 25 | 40.5% | 13.6% | ||
| Q2 25 | 33.2% | 14.5% | ||
| Q1 25 | 21.6% | 2.2% | ||
| Q4 24 | 40.7% | 15.3% | ||
| Q3 24 | -63.8% | 12.8% | ||
| Q2 24 | 21.9% | 10.4% |
| Q1 26 | 22.8% | — | ||
| Q4 25 | 30.7% | -12.9% | ||
| Q3 25 | 30.9% | 9.9% | ||
| Q2 25 | 25.2% | 10.6% | ||
| Q1 25 | 16.8% | 1.2% | ||
| Q4 24 | 30.9% | 13.1% | ||
| Q3 24 | -48.9% | 9.9% | ||
| Q2 24 | 15.6% | 8.4% |
| Q1 26 | $1.56 | — | ||
| Q4 25 | $2.11 | $-0.41 | ||
| Q3 25 | $2.18 | $0.98 | ||
| Q2 25 | $1.58 | $0.99 | ||
| Q1 25 | $0.92 | $0.08 | ||
| Q4 24 | $1.43 | $1.32 | ||
| Q3 24 | $-1.41 | $0.85 | ||
| Q2 24 | $0.80 | $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 | $878.3M | — |
| Stockholders' EquityBook value | $3.6B | $1.7B |
| Total Assets | $33.5B | $5.1B |
| Debt / EquityLower = less leverage | 0.24× | — |
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 | $878.3M | — | ||
| Q4 25 | $620.6M | — | ||
| Q3 25 | $620.4M | — | ||
| Q2 25 | $620.3M | — | ||
| Q1 25 | $660.5M | — | ||
| Q4 24 | $660.3M | — | ||
| Q3 24 | $660.2M | — | ||
| Q2 24 | $660.0M | — |
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $1.7B | ||
| Q3 25 | $3.6B | $1.8B | ||
| Q2 25 | $3.5B | $1.8B | ||
| Q1 25 | $3.4B | $1.7B | ||
| Q4 24 | $3.4B | $1.7B | ||
| Q3 24 | $3.4B | $1.7B | ||
| Q2 24 | $3.2B | $1.7B |
| Q1 26 | $33.5B | — | ||
| Q4 25 | $31.5B | $5.1B | ||
| Q3 25 | $32.5B | $5.8B | ||
| Q2 25 | $31.9B | $4.7B | ||
| Q1 25 | $31.4B | $4.5B | ||
| Q4 24 | $30.7B | $4.4B | ||
| Q3 24 | $31.6B | $4.6B | ||
| Q2 24 | $29.9B | $4.2B |
| Q1 26 | 0.24× | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | — | ||
| Q3 24 | 0.20× | — | ||
| Q2 24 | 0.21× | — |
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 | $360.2M | $-664.3M | ||
| Q3 25 | $166.3M | $-948.1M | ||
| Q2 25 | $63.0M | $-238.5M | ||
| Q1 25 | $368.0K | $-281.1M | ||
| Q4 24 | $480.1M | $129.4M | ||
| Q3 24 | $332.8M | $-202.0M | ||
| Q2 24 | $33.3M | $-237.8M |
| Q1 26 | — | — | ||
| Q4 25 | $347.6M | $-680.1M | ||
| Q3 25 | $161.3M | $-950.4M | ||
| Q2 25 | $57.5M | $-241.0M | ||
| Q1 25 | $-2.0M | $-284.7M | ||
| Q4 24 | $415.2M | $116.4M | ||
| Q3 24 | $317.6M | $-204.0M | ||
| Q2 24 | $11.1M | $-241.7M |
| Q1 26 | — | — | ||
| Q4 25 | 106.1% | -200.0% | ||
| Q3 25 | 47.4% | -281.5% | ||
| Q2 25 | 18.7% | -75.5% | ||
| Q1 25 | -0.7% | -120.0% | ||
| Q4 24 | 180.9% | 34.1% | ||
| Q3 24 | 253.4% | -69.8% | ||
| Q2 24 | 4.1% | -89.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 4.6% | ||
| Q3 25 | 1.5% | 0.7% | ||
| Q2 25 | 1.8% | 0.8% | ||
| Q1 25 | 0.9% | 1.5% | ||
| Q4 24 | 28.2% | 3.8% | ||
| Q3 24 | 12.1% | 0.7% | ||
| Q2 24 | 8.3% | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.58× | — | ||
| Q3 25 | 1.58× | -28.34× | ||
| Q2 25 | 0.81× | -7.02× | ||
| Q1 25 | 0.01× | -102.07× | ||
| Q4 24 | 6.76× | 2.89× | ||
| Q3 24 | — | -7.01× | ||
| Q2 24 | 0.80× | -10.49× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
