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BankAtlantic Bancorp Declares A Quarterly Cash Dividend

   BANKATLANTIC BANCORP LOGO
BankAtlantic Bancorp logo. (PRNewsFoto)[AS AG]
FORT LAUDERDALE, FL USA
    FORT LAUDERDALE, Fla., June 14 /PRNewswire-FirstCall/ -- The Board of
Directors of BankAtlantic Bancorp (NYSE: BBX) has declared a cash dividend of
$0.033 per share on its Class A Common Stock.  The Board set the payment date
for July 16, 2004 to all shareholders of record at the close of trading on
July 2, 2004.

    About BankAtlantic Bancorp:
    BankAtlantic Bancorp (NYSE: BBX) is a diversified financial services
holding company and the parent company of BankAtlantic and Ryan Beck & Co.
Through these subsidiaries, BankAtlantic Bancorp provides a full line of
products and services encompassing consumer and commercial banking, brokerage
and investment banking.

    About BankAtlantic:
    BankAtlantic, "Florida's Most Convenient Bank," is one of the largest
financial institutions headquartered in Florida and provides a comprehensive
offering of banking services and products via its broad network of community
branches throughout Florida and its online banking division --
BankAtlantic.com.  BankAtlantic has 73 branch locations and operates more than
200 conveniently located ATMs.  BankAtlantic is open 7 days a week* and offers
holiday hours, extended weekday hours, free online banking, Totally Free
Change Exchange coin counters, 24/7 call center service, and free retail and
business checking with a free gift.
    * BankAtlantic's Kendale Lakes branch in Miami-Dade is open until midnight
7 days a week.

    About Ryan Beck & Co.:
    Ryan Beck & Co. is a full-service broker dealer engaging in underwriting,
market making, distribution, and trading of equity and debt securities.  The
firm also provides money management services, general securities brokerage,
including financial planning for the individual investor, consulting and
financial advisory services to financial institutions and middle market
companies.  Ryan Beck & Co. also provides independent research on
approximately 100 companies and has approximately 500 financial consultants
located in 33 offices nationwide.

     For further information, please visit our websites:
     http://www.BankAtlanticBancorp.com
     http://www.BankAtlantic.com
     http://www.RyanBeck.com

    * To receive future BankAtlantic Bancorp news releases or announcements
     directly via Email, please click on the Email Broadcast Sign Up at our
     website: http://www.BankAtlanticBancorp.com

     BankAtlantic Bancorp Contact Info:
     Investor Relations:
     Leo Hinkley, Vice President
     Phone: (954) 760-5317, Fax: (954) 760-5415
     Email: InvestorRelations@BankAtlanticBancorp.com.
     Mailing Address: BankAtlantic Bancorp, Investor Relations,
     1750 East Sunrise Blvd., Fort Lauderdale, FL 33304

     Corporate Communications:
     Sharon Lyn, Assistant Vice President
     Phone: (954) 760-5402, Fax: (954) 760-5415
     Email: CorpComm@BankAtlanticBancorp.com

    Statements in this release may constitute forward-looking statements and
are made pursuant to the Safe Harbor Provision of the Private Securities
Litigation Reform Act of 1995.  Forward-looking statements are based largely
on expectations and are subject to a number of risks and uncertainties
including but not limited to the risks and uncertainties associated with
economic, competitive and other factors affecting the Company and its
operations, future payment of dividends as determined and declared by the
Company's Board of Directors, and other factors detailed in the Company's SEC
filings


SOURCE BankAtlantic Bancorp




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Related links:
  • http://www.bankatlantic.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20030414/BANKCORPLOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
    CONTACT:
    investor relations, Leo Hinkley, Vice
    President, +1-954-760-5317, or fax, +1-954-760-5415, or
    InvestorRelations@BankAtlanticBancorp.com, or corporate
    communications, Sharon Lyn, Assistant Vice President,
    +1-954-760-5402, or fax, +1-954-760-5415, or
    CorpComm@BankAtlanticBancorp.com, both of BankAtlantic Bancorp