FORT LAUDERDALE, Fla., July 7 /PRNewswire-FirstCall/ -- BankAtlantic
Bancorp (NYSE: BBX) today announced it has been added to Standard & Poor's
(S&P) SmallCap 600 Index. In addition to its recent addition to the S&P
SmallCap 600 Index, BankAtlantic Bancorp is also listed in the S&P 1500
Supercomposite Index and the New York Stock Exchange Composite Index.
"The S&P SmallCap 600 Index covers approximately three percent of the
domestic equities market and is highly regarded by the investment community
worldwide," commented Alan B. Levan, Chairman and Chief Executive Officer of
BankAtlantic Bancorp. "Our financial performance and strategic focus has
fueled our continued growth and expansion, and we are very pleased to see our
efforts recognized among the select group of companies in the S&P 600."
Introduced in 1994, the S&P 600 Index is designed to be an efficient
portfolio of 600 constituents that meet five main inclusion criteria including
trading analysis, liquidity, ownership, fundamental analysis, market
capitalization, and sector representation, to ensure that they are investable
and financially viable. According to Standard and Poor's, the S&P SmallCap 600
is fast-becoming the preferred small-cap index in the United States and is
gaining wide acceptance as the benchmark of choice for both active and passive
management.
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 including a Miami-Dade branch open until
midnight, free online banking, Totally Free Change Exchange coin counters,
24/7 call center service and free retail and business checking with a free
gift.
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
About Standard & Poor's:
Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is
the world's foremost provider of independent credit ratings, indices, risk
evaluation, investment research, data and valuations. With 5,000 employees
located in 20 countries, Standard & Poor's is an essential part of the world's
financial infrastructure, and has played a leading role for more than 140
years in providing investors with the independent benchmarks they need to feel
more confident about their investment and financial decisions. For more
information, visit http://www.standardandpoors.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, and
other factors detailed in the Company's SEC filings.
SOURCE BankAtlantic Bancorp
 back to top
Related links:
http://www.BankAtlanticBancorp.com
http://www.bankatlantic.com http://www.RyanBeck.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
|
