you, Thank Scott.
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tangible valuation of $XXX capitalized also the lot taxes. generate value $XXX increase end which tax appreciate Over went against book I the theme allowance on $XXX information with expect this savings the valuation substantial cash our and million GAAP million. cash, entire reverse in a on equity XXXX, a the we Company. an LC today, we of your we generate the to capital. At had interest time, through million approximately of Bank to will We and our of of We allowance, substantially bank asset. deferred as additional earnings, Staying bringing
let Before me questions, we takeaways. key three you get with into leave
with First, data we have a model cycle-tested advantages. and business technology differentiated and
to our both And third, large allows of very-excited the our and growing to million unique $XXX about enables about that benefits industry. a leverage support With capital market business how ahead. business leader significant growth well-positioned a are our future capital-light to the will us banking substantial value. marketplace, we generate and Second, in we and bank growth, and are shareholder model the to disrupt of further ahead road we are earnings us with create a
it open up let for Now, me questions.
