FORT LAUDERDALE, Fla., Dec. 8 /PRNewswire-FirstCall/ -- The Board of
Directors of BankAtlantic Bancorp (NYSE: BBX), the parent company of
BankAtlantic, Levitt Corporation, and Ryan Beck & Co., has declared a cash
dividend of $0.033 per share on its Class A Common Stock. The Board set the
payment date for January 16, 2004 to all shareholders of record at the close
of trading on January 2, 2004.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030414/BANKCORPLOGO )
About BankAtlantic Bancorp:
BankAtlantic Bancorp (NYSE: BBX) is a diversified financial services
holding company and the parent company of BankAtlantic, Ryan Beck & Co., and
Levitt Corporation. Through these subsidiaries, BankAtlantic Bancorp provides
a full line of products and services encompassing consumer and commercial
banking, brokerage and investment banking, and real estate development.
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
190 conveniently located ATMs. BankAtlantic is open 7 days a week and offers
holiday hours, extended weekday hours, Totally Free Change Exchange coin
counters, 24/7 call center service, and free retail and business checking with
a free gift.
Seven-Day Branch Banking - Monday through Sunday
Extended branch lobby hours are 8:30 am - 5:00 pm, Monday through Wednesday,
and 8:30 am - 8:00 pm, Thursday and Friday.
Extended drive-thru hours are 7:30 am - 8:00 pm, Monday through Friday.
Saturday branch lobby hours are 8:30 am - 3:00 pm, and drive-thru hours are
7:30 am - 6:00 pm.
Sunday branch lobby hours are 11:00 am - 4:00 pm, and drive-thru hours are
11:00 am - 4:00 pm.
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 in the
financial institutions, healthcare, technology, and consumer product
industries. Ryan Beck & Co. has approximately 500 financial consultants
located in 33 offices nationwide.
Levitt Corporation is the parent company of Levitt and Sons(TM), Core
Communities, and Levitt Commercial. Levitt Corporation and BankAtlantic
Bancorp also hold an aggregate 40% ownership interest in Bluegreen
Corporation.
Levitt and Sons(TM), America's first builder of planned suburban
communities, is best known for creating New York's Levittown, Long Island and
Levittown, PA. After building approximately 200,000 homes in over 74 years,
Levitt and Sons(TM) currently develops single and multi-family homes for
active adults and families throughout Florida.
Core Communities develops master-planned communities in Florida, including
its original and best known, St. Lucie West. St. Lucie West, the fastest
growing community on Florida's Treasure Coast for the last 7 years, is a
4,600-acre community with 4,000 built and occupied homes, 150 businesses
employing 5,000 people and a university campus. Core Communities' newest
master-planned community is "Tradition." Now under development on Florida's
Treasure Coast in St. Lucie County, Tradition features 5,600 residences, a
commercial town center and a world-class corporate park.
Levitt Commercial specializes in development, re-development, and joint
venture opportunities in industrial and retail properties.
Bluegreen Corporation (NYSE: BXG) engages in the acquisition, development,
marketing and sale of drive-to vacation resorts, golf communities and
residential land. The Company's resorts are located in a variety of popular
vacation destinations including the Smoky Mountains of Tennessee; Myrtle Beach
and Charleston, South Carolina; Branson, Missouri; Wisconsin Dells and
Gordonsville, Wisconsin; Aruba and throughout Florida. Bluegreen Corp.'s land
operations are predominantly located in the Southeastern and Southwestern
United States.
For further information, please visit our websites:
http://www.BankAtlanticBancorp.com
http://www.BankAtlantic.com
http://www.RyanBeck.com
http://www.LevittCorporation.com
http://www.LevittandSons.com
http://www.CoreCommunities.com
http://www.LevittCommercial.com
* To receive future BankAtlantic Bancorp news releases or announcements
directly via Email, please click on the Email Broadcast Sign Up button on
http://www.BankAtlanticBancorp.com
* To receive future Levitt Corporation news releases or announcements
directly via Email, please click on the Email Broadcast Sign Up button on
http://www.LevittCorporation.com
BankAtlantic Bancorp Contact Info:
Investor Relations:
Contact: 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
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, Inc.
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Related links:
http://www.BankAtlanticBancorp.com
http://www.bankatlantic.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030414/BANKCORPLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Leo Hinkley, Vice President, Investor
Relations, +1-954-760-5317, or
InvestorRelations@BankAtlanticBancorp.com, or Sharon Lyn,
Assistant Vice President, Corporate Communications,
+1-954-760-5402, or CorpComm@BankAtlanticBancorp.com, both of
BankAtlantic Bancorp, fax, +1-954-760-5415
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