Robert
L. Walters is a nationally recognized expert in bank financial analysis,
stock appraisal, and mergers & acquisitions.
Prior to establishing The Bank Advisory Group in 1989, he founded and headed the community bank M&A and stock valuation advisory services of Sheshunoff & Co. He has guided hundreds of bank sellers, bank buyers, and partners in merger-of-equals transactions, compiling a depth and breadth of experience unparalleled in the community bank investment banking business.
Since the early 1980s, he has counseled more than 1,500 clients in the evaluation of control and minority blocks of community bank stocks. He has frequently provided expert witness testimony regarding the valuation of community bank stocks and the overall financial performance characteristics of the banking industry.
In the late 1970s and early 1980s, he pioneered the use of the federal “Call Report” data to design numerous bank peer group financial analysis tools that have become nationally recognized standards in the community banking industry. In the 1990s, he developed analytical tools using financial and market price data derived from publicly traded banking organizations that identify and correlate bank financial performance measures with bank stock market price performance. As such, he is recognized as an expert in bank performance analysis using data obtained from federal bank regulatory authorities and the SEC.
He speaks at national and state bank trade association seminars and conferences on bank financial performance analysis, mergers & acquisitions, and stock valuation issues. He is a founding principal in The Bank CEO Network, an educational program that provides current information on the banking industry to community bank presidents and chief executive officers throughout the United States.
He started his professional career as a Certified Public Accountant in auditing with Touche Ross & Co., in Austin. He graduated from Texas A&M University with a bachelor’s degree in accounting in 1972.
Stephen
Skaggs, a principal and organizing partner of The Bank Advisory Group,
has consulted with hundreds of community banks nationwide in M&A
transactions.
He has special expertise in determining bank pricing trends, brokering banks for sale, analyzing banks for purchase, and developing novel comparative financial analyses.
Prior to forming The Bank Advisory Group in 1989, he was a vice president in the Investment Banking Division at Sheshunoff & Co. from 1983 through 1989. In addition to conducting bank valuations, he conceived and designed many of the bank and thrift financial ratio analysis products and publications produced by Sheshunoff Information Services. He also co-authored the company’s widely read publication, Buying, Selling, Merging Banks.
He began his career as a credit analyst with InterFirst Bank Dallas, followed by a position as an analyst in the Bank Holding Company Applications Division of the Federal Reserve Bank of Dallas. He received a bachelor’s degree in finance from Texas A&M University in 1981.
Daniel
R. Jackson, a principal of The Bank Advisory Group since 1990, has
worked extensively with community banks nationwide. In addition to
evaluating M&A options, he has been involved in excess of a thousand
fair market valuations of bank stock for M&A transactions, employee
benefit plans, federal estate tax returns, and corporate reorganizations.
He began his career as a credit analyst with a subsidiary of InterFirst Corporation in Dallas and then served as a lending/credit administration officer with a community bank in Austin.
Beginning in 1986, he worked as a commissioned examiner with the Federal Reserve Bank of Dallas, including a period as an analyst with the Special Monitoring Unit for critically impaired banking organizations. He earned a bachelor’s degree in accounting from The University of Texas at Austin in 1983.
Craig
A. Cunningham joined The Bank Advisory Group as a financial analyst
in 1997 after having served for seven years as an FDIC examiner. His
experience includes working with a wide range of banking organizations,
from small community banks to multi-billion-dollar companies.
At The Bank Advisory Group, he has worked extensively with community banks nationwide in providing fair market valuations of bank stock.
He began his career in 1989 as a field examiner and regional capital markets specialist with the FDIC. He graduated with honors from Angelo State University in San Angelo with a bachelor’s degree in business.