8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 2, 2005

BankAtlantic Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Florida	34-027228	65-0507804
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
1750 East Sunrise Blvd Ft. Lauderdale, Florida		33304
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 954-760-5000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. Results of Operations and Financial Condition

     The information in this item (including Exhibit 99.1) is being furnished by BankAtlantic Bancorp, Inc. (the “Company”) pursuant to Item 9.01 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 (the “Securities Act”) or the Exchange Act.

     Attached as Exhibit 99.1, and incorporated herein by reference, is a press release issued on February 2, 2005 by the Company’s subsidiary, Ryan Beck & Co. (“Ryan Beck”). The attached press release includes information relevant to the Company’s financial results for the quarter and year ended December 31, 2004. The Company published those quarterly and year-end financial results in a January 25, 2005 press release, which was furnished on Form 8-K on January 26, 2005.

     Except for historical information contained in the attached press release, the matters disclosed in it contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). When used in the press release, the words “plan,” “look forward,” “may” and similar expressions identify certain of such forward-looking statements. Ryan Beck’s actual growth, results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements in the press release. Such forward-looking statements are based largely on expectations concerning Ryan Beck and are subject to a number of risks and uncertainties that are subject to change based on factors that are, in many instances, beyond the Company’s and Ryan Beck’s control. These include, but are not limited to: risks and uncertainties associated with Ryan Beck’s operations, products and services; changes in economic or regulatory policies; Ryan Beck’s ability to recruit and retain financial consultants; the volatility of the stock market and fixed income markets; the impact of economic conditions on Ryan Beck’s revenue mix; and the success of Ryan Beck’s new lines of business and growth initiatives. In addition to the risks and uncertainties identified above, reference is made to the risks and uncertainties detailed in reports filed by the Company with the Securities and Exchange Commission. The Company cautions that the foregoing factors are not exclusive.

Item 9.01 Financial Statements and Exhibits

     (c) Press Release dated February 2, 2005

Signature

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 3, 2005

BANKATLANTIC BANCORP, INC.
By:	/s/ James A. White
	Executive Vice President - Chief Financial Officer

EX-99.1

Exhibit 99.1

Contact Info:
Highlander Consulting Gordon Andrew (609) 987-0200	Linda Scorsone Ryan Beck & Co., Inc. (973)549-4062

FOR IMMEDIATE RELEASE

RYAN BECK & CO. ANNOUNCES 2004 EARNINGS
Record Revenue and Net Income for 2004; Return on Average Equity of 21%

     FLORHAM PARK, NJ – February 2, 2005 — Ryan Beck & Co., Inc. today announced record earnings for the year ending December 31, 2004.

     The Firm’s operating revenues rose to $243.2 million in 2004, a 10% increase from $221.4 million reported in 2003. For the year, net income from continuing operations grew 81%, to a record $17.5 million, from $9.6 million in 2003. Return on average equity from continuing operations increased to 21.9%, up from 16.3% for 2003.

     Virtually all of Ryan Beck’s major business units had strong results for the year ending December 31, 2004. Revenue from Ryan Beck’s Private Client Group increased to $164.4 million from $156.8 million in 2003. Investment banking revenue increased 80% to $44.6 million in 2004, compared to $24.7 million in 2003. The Firm experienced a slight decrease in trading revenue, reporting $16.4 million in 2004 versus $17.9 million in 2003, primarily due to reduced volumes in the fixed income markets.

     Contributing factors to the Firm’s success in 2004 include the following:

•   Ryan Beck’s Financial Institutions Investment Banking Group announced or completed 28 transactions and was ranked the top advisor for bank conversions based on gross proceeds; and was the number four M&A advisor based on deal volume, according to SNL Securities.

•   The Firm’s Private Client Group recruited 43 financial consultants with historical assets totaling more than $938 million; a new office was opened in Cherry Hill, New Jersey and expansion took place in several other branch locations. Total assets in accounts held at the Firm as of December 31, 2004 were approximately $17.8 billion.

•   Middle Market Investment Banking, which covers emerging growth companies, completed 13 transactions / advisory assignments during 2004.

•   The Firm introduced several new products and services to its already robust platform. These included a managed portfolio of Exchange Traded Funds, an FDIC insured money market alternative, a wealth management platform along with three proprietary Unit Investment

Trusts. Developed in concert with the Firm’s research analysts, these UITs had total end of year deposits of more than $148 million.

     In commenting on Ryan Beck’s results, Ben A. Plotkin, Chairman and Chief Executive Officer, stated, “We are pleased to report such strong overall earnings. The stability of our platform and the diversity of our business mix contributed to record revenue and return on average equity. Our performance reflects our commitment to the Firm’s business plan – to continue to diversify and expand our revenue base, invest in our people and create shareholder value through a profitable and stable organization. We look forward to continued growth in 2005.”

About Ryan Beck & Co., Inc.

Founded in 1946, Ryan Beck & Co., Inc. provides financial advice and innovative solutions to individuals, institutions and corporate clients through the activities of approximately 1,100 employees in 39 offices located in 14 states. For individual investors, the firm’s Private Client Group provides a full range of financial services, including investment consulting, retirement plans, insurance and investment advisory services. Institutional clients benefit from the market making, underwriting and distribution activities of the firm’s experienced Capital Markets Group, which encompasses equity and fixed income trading, fixed income products, institutional sales and research. Through its Investment Banking Groups, Ryan Beck provides assistance in the capital formation process and financial advisory services to corporate clients, primarily financial institutions and middle market companies.