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Home > Company Index > Banking > Banking - Southeast > BankAtlantic Bancorp, Inc.

BankAtlantic Bancorp, Inc.
NYSE: BBX
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 PROFILE
BankAtlantic Bancorp is the parent of BankAtlantic, which offers banking services through almost 70 branches in 18 Florida counties and a network of 800 ATMs in Florida, Georgia, and Alabama (many strategically placed in Wal-Mart stores). The bank primarily originates residential real estate (45%) and construction loans (35%). Other loans include commercial real estate, small business, and consumer loans. Nonbanking interests include the Levitt Corporation (of Levittown fame), which now develops adult residential and planned communities in Florida, and Ryan, Beck & Co., a New Jersey-based investment firm. Chairman, President, and CEO Alan Levan and Vice Chairman John Abdo own over half of the company.

 COMPETITION
Bank of America Corporation (BAC)
The Colonial BancGroup, Inc. (CNB)
SunTrust Banks, Inc. (STI)

 DEALS
Deal: BankAtlantic Inks Alliance With GMAC Mortgage
Date Announced: 03.29.01
Value of transaction (US $Mil): 0
Description: BankAtlantic will offer mortgage-application services through its Web site.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 444.10
1-Yr. Sales Growth: 15.1%
Employees: 1,443
Revenue per employee: $307,761.61

 KEY PEOPLE
• Alan B. Levan
    CEO
• James A. White
    CFO

 CONTACT INFO
1750 E. Sunrise Blvd.
Fort Lauderdale, FL 33304
US
Phone: 954-760-5000
Fax: 954-760-5489
Online: Web Site

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