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Last Post: 3/31/2014 4:55:35 PM - Followers: 11 - Board type: Free - Posts Today: 0

 

BankAtlantic Bancorp, Inc. operates as the holding company for BankAtlantic that provides retail and commercial banking services in Florida. It generates various deposit products, including commercial demand deposit accounts, retail demand deposit accounts, savings accounts, money market accounts, certificates of deposit, various negotiable order of withdrawal accounts and individual retirement accounts, and Keogh retirement accounts. The company's lending portfolio comprises commercial real estate loans, commercial business loans, standby letters of credit and commitments, consumer loans, small business loans, and residential loans. As of December 31, 2007, it offered its services through approximately 100 branches in southeast and central Florida and the Tampa Bay area, primarily in the Miami-Dade, Broward, Palm Beach, Hillsborough, and Pinellas counties. The company was founded in 1952 and is headquartered in Ft. Lauderdale, Florida.

BankAtlantic, "Florida's Most Convenient Bank", with $6 billion in assets and more than 100 stores is one of the largest financial institutions headquartered in Florida. BankAtlantic is open 7 days a week and offers holiday hours, extended weekday hours, Totally Free Online Banking & Bill Pay, a 7-Day Customer Service Center, Totally Free Change Exchange coin counters and free retail and business checking with a free gift. BankAtlantic has been serving communities throughout Florida since 1952 and currently operates more than 250 conveniently located ATMs. The bank has supported thousands of charitable, civic and professional organizations since the inception of the BankAtlantic Foundation in 1994.

 

The reverse stock split reduced the number of outstanding shares of BankAtlantic Bancorp's Class A Common Stock from 51,410,037 to approximately 10,282,008 (subject to rounding up of fractional shares) and the number of outstanding shares of BankAtlantic Bancorp's Class B Common Stock from 4,876,124 to 975,225. In addition, the number of authorized shares of BankAtlantic Bancorp's common stock, the number of shares of Class A Common Stock available for issuance under BankAtlantic Bancorp's equity compensation plans and the number of shares of Class A Common Stock underlying stock options and other exercisable or convertible instruments were also ratably decreased in connection with the reverse stock split.

The reverse stock split has no impact on shareholders' proportionate equity interests or voting rights in BankAtlantic Bancorp or the par value of BankAtlantic Bancorp's Class A Common Stock or Class B Common Stock, which in each case will remain unchanged at $0.01 per share. However, following the reverse stock split, the CUSIP number of BankAtlantic Bancorp's Class A Common Stock is now 065908600.  
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BBX News: BFC Financial Corporation's Subsidiary, BBX Capital Corporation, Files Its Corporate Overview 08:42 PM
BBX News: BBX Capital Corporation Files Its Corporate Overview 04/16/2014 06:20:00 PM
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BBX News: Current Report Filing (8-k) 04/16/2014 04:26:35 PM
BBX News: BFC Financial Corporation Reports Financial Results for the Fourth Quarter and Full Year, 2013 03/17/2014 05:41:49 PM
News News Alert: BFC Financial Corporation's Subsidiary, BBX Capital Corporation, Files Its Corporate Overview 04/16/2014 08:42:46 PM
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#176   BFC Financial Corporation Reports Financial Results for the 56Chevy 03/31/14 04:55:35 PM
#175   LOL either way I think we have a basspro05 02/15/13 09:02:15 AM
#174   I made a misstake I just read look1 02/14/13 06:08:56 PM
#173   basspro What is your take on the shareholder's rights look1 02/14/13 05:44:35 PM
#172   me too! basspro05 02/14/13 03:15:04 PM
#171   wakeup anyone makeing any money look1 02/13/13 03:00:31 PM
#170   BBX: ($)::))) Apo T. Amin 03/13/12 11:24:45 AM
#169   ~ Monday! $BBX ~ Earnings posted, pending or Fa$tlane 02/25/12 06:36:56 AM
#168   ~ $BBX ~ Earnings posted, pending or coming Fa$tlane 02/06/12 05:04:06 AM
#167   You got it mlkr, common shareholders get screwed again. midnightsal 11/01/11 08:00:13 PM
#166   Check BBXT--capital trust of BBX-- jumped $10 to mlkrborn 11/01/11 11:57:00 AM
#165   Finally throwing the towel, selling itself $1.00 presplit! mlkrborn 11/01/11 11:22:56 AM
#164   shorties are burning 7,5 EOD winndows 11/01/11 10:48:10 AM
#163   BBX @ 5.24 $King 11/01/11 10:08:47 AM
#162   Watching $BBX for a little while to see cgttrader 10/21/11 09:11:12 AM
#161   Wow the share holders are getting hammered here ouch. DAD2 10/17/11 10:26:40 AM
#160   Stock reverse split is done. Effective Monday cgttrader 10/15/11 08:26:03 AM
#159   Reverse split is killing the share price. cgttrader 10/07/11 04:02:14 PM
#158   TankAtlantic? illegal_alias 10/05/11 03:02:00 PM
#157   R/S 1:5 0.66 with news! mlkrborn 09/27/11 10:07:42 AM
#156   BankAtlantic Announces New and Improved Web-based Mobile Banking Trading_UP 09/08/11 10:06:00 AM
#155   As far as I know they are in illegal_alias 08/15/11 07:57:35 AM
#154   I am curious what is in their future cgttrader 08/15/11 12:12:53 AM
#153   All of the California presentations were in wealthy illegal_alias 08/14/11 10:13:08 PM
#152   This a link to the investor presentation created cgttrader 08/11/11 08:46:45 AM
#151   OK I see.... I am curious about cgttrader 08/11/11 08:43:46 AM
#150   When you click the link it tells you VIPME 08/11/11 08:39:01 AM
#149   Seems to be just the RSVP and not cgttrader 08/11/11 08:25:42 AM
#148   Go to http://bankatlanticdinner.eventbrite.com/ VIPME 08/11/11 08:20:17 AM
#147   new trend for banks? http://azstarnet.com/real-estate/article_662a10e9-c317-5b92 cgttrader 08/11/11 08:12:19 AM
#146   Here is the original announcement http://www.marketwatch.com/story/bankatlanti cgttrader 08/10/11 04:18:24 PM
#145   Anyone knows anything about the shareholders meeting $BBX cgttrader 08/10/11 04:16:18 PM
#144   BBX Chart Updated, starting to break resistance SPM555 07/24/11 05:49:58 PM
#143   BBX Chart SPM555 07/20/11 09:46:37 PM
#142   yeah, saw that yesterday. Thanks for posting. illegal_alias 07/14/11 09:02:30 AM
#141   Interesting news from $BBX Looks like $BBX cgttrader 07/13/11 06:01:21 PM
#140   Local south florida newspaper article 6/29/2011 illegal_alias 06/30/11 11:15:35 AM
#139   Let's see if BBX can break resistance at illegal_alias 06/30/11 10:55:27 AM
#138   BBXT up too.. Over $10 now with a mlkrborn 06/20/11 02:02:10 PM
#137   BankAtlantic Bancorp Announces Completion of its Rights Offering; mlkrborn 06/20/11 02:00:13 PM
#136   BBX 0.75 after RIs and Tampa branches sold mlkrborn 06/20/11 10:39:22 AM
#135   I believe so. there is a huge risk stockraider42 05/23/11 10:47:23 PM
#134   Think BBX can still be takeover target for illegal_alias 05/18/11 12:54:38 PM
#133   ive been averaging down big time here i stockraider42 05/10/11 10:59:32 PM
#132   I'm watching and holding some BBX illegal_alias 04/28/11 09:55:41 AM
#131   I am still holding and watching since I rxgator 04/13/11 03:09:29 PM
#130   no one watching this anymore? ikon 04/12/11 08:57:03 PM
#129   Look for a nice recovery coming, should go Benjamin100s 02/01/11 09:34:58 PM
#128   BankAtlantic Teams with Intuit Financial Services to.... CHA$E 02/01/11 10:55:29 AM
#127   Run FORREST run.......up 22.86%....sweet.... SmallCapsMarket 12/22/10 01:37:57 PM
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