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) January 30, 2006

BankAtlantic Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Florida	34-027228	65-0507804
(State or other jurisdiction	(Commission	(I.R.S. Employer
of incorporation)	File Number)	Identification No.)
2100 West Cypress Creek Road Ft. Lauderdale, Florida		33309
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code 954-940-5000

Not Applicable

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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 240.13a-4(c))

TABLE OF CONTENTS

Investor Presentation Materials

Item 7.01. Regulation FD Disclosure

     BankAtlantic Bancorp, Inc. (the “Company”) is furnishing presentation materials included as Exhibit 99.1 to this report pursuant to Item 7.01 Form 8-K. The presentation materials were prepared to be included in presentations with investors during the first quarter of 2006. The Company is not undertaking to update this presentation. The information in this report (including Exhibit 99.1) is being furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information herein (including Exhibit 99.1). The presentation also contains financial information determined by methods other than in accordance with GAAP. The Company’s management uses these non-GAAP measures, which it defines as “operating” measures, in their analysis of the Company’s performance. These “operating” measures adjust GAAP income from continuing operations to exclude losses (gains) from debt redemptions, a litigation settlement, securities impairment, bank facilities impairment, reserve for compliance deficiencies and restructuring acquisition charges. The Company believes that these non-GAAP operating measures supplement our GAAP financial information and provide useful measures of evaluating the Company’s operating results and any related trends that may be affecting the Company’s business. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.

Item 9.01 Financial Statements and Exhibits

     (c) Investor presentation materials.

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: January 30, 2006

BANKATLANTIC BANCORP, INC.
By:	James A. White
	James A. White
	Chief Financial Officer

EX-99.1

Exhibit 99.1

NYSE BBX FEBRUARY 2006 January 28, 2006 Prepared:

(NYSE:BBX) Assets1 $6.3 Billion Equity Capital1 $516 Million Market Capitalization1 $0.8 Billion Book Value per Share1 $8.50 Price to Book2 1.61x Price to Earnings2 14.91x Price to Operating Earnings3 12.25x 1At 12/31/05 2Trailing 12 months, based on $13.72 per share closing price on 1/27/06 3GAAP Income from Continuing Operations adjusted as shown on slide #48 BANKATLANTIC BANCORP

BankAtlantic Ryan Beck & Co. Parent Company Revenue: 4Q'05 $81 Million 2005 $321 Million Revenue: 4Q'05 $53 Million 2005 $250 Million Revenue: 4Q'05 $(4) Million 2005 $(15) Million Revenue: 4Q'05 $130 Million +1% vs 4Q'05 2005 $556 Million +7% vs 2004 BANKATLANTIC BANCORP

BankAtlantic Ryan Beck & Co. Parent Company Operating Net Income: (1) 4Q'05 $11 Million 2005 $68 Million Operating Net Income: (1) 4Q'05 $562 Thou. 2005 $17 Million Operating Net Income: (1) 4Q'05 $(3) Million 2005 $(13) Million Operating Net Income: (1) 4Q'05 $8.4 Million -51% vs 4Q'04 2005 $71.5 Million +12% vs 2004 BANKATLANTIC BANCORP 1GAAP Income from Continuing Operations adjusted as shown on slide #48

Income from Continuing Operations1 (in Millions) $38.6 $70.8 $59.1 Operating Net Income2 (in Millions) $46.8 $63.6 $71.5 Return on Tangible Equity from Continuing Operations1 9.49% 20.01% 13.99% Operating return on Tangible Equity2 15.67% 17.99% 16.93% 1Income before discontinued operations, extraordinary items and the cumulative effect of a change in accounting principle, as shown on slide #48 2GAAP Income from Continuing Operations adjusted for the items shown on slide #48 KEY FINANCIAL HIGHLIGHTS 2003 2004 2005 BANKATLANTIC BANCORP

Income from Continuing Operations1 (in Millions) $17.3 $(1.6) - 109.3% Operating Net Income2 (in Millions) $17.3 $8.4 - 51.4% Return on Tangible Equity from Continuing Operations1 18.34% (1.42)% Operating return on Tangible Equity2 18.34% 7.42% 1Income before discontinued operations, extraordinary items and the cumulative effect of a change in accounting principle, as shown on slide #48 2GAAP Income from Continuing Operations adjusted as shown on slide #48 BANKATLANTIC BANCORP KEY FINANCIAL HIGHLIGHTS 4Q'05 vs. 4Q'04 4Q'05 4Q'04

OVERVIEW Founded in 1952 "Florida's Most Convenient Bank" 78 stores Rapidly growing consumer bank with strong demographics Seasoned commercial real estate lending BANKATLANTIC

STORE NETWORK BANKATLANTIC STORES (78) LOAN PRODUCTION OFFICES (6)

FLORIDA DEPOSIT RANKING* Institution Branches Deposits ($ in Billions) *Other institution's branch & deposit data as of 6/30/05; BankAtlantic's as of 12/31/05 Source: Florida Bankers Assoc. 1. Wachovia 815 $61.7 2. Bank of America 729 61.7 3. SunTrust 471 34.3 4. Washington Mutual 218 11.8 5. AmSouth 219 9.5 6. World Savings 51 8.7 7. Colonial 165 7.5 8. AmTrust 15 5.1 . . . . . . . . . . . . 15. BankAtlantic 78 $4.0 BANKATLANTIC

BankAtlantic Deposits (In millions) BankAtlantic Market Share As of 6/30/05 Source: Florida Bankers Assoc. MARKET SHARE Broward (Fort Lauderdale) $1,730 5.3% 6 Palm Beach / Treasure Coast 1,249 3.2% 8 Miami-Dade 533 0.8% 22 Tampa Bay 181 0.6% 21 BankAtlantic Footprint 3,692 3.7% 10 BANKATLANTIC BankAtlantic Rank

Number of Counters in Service: 78 4Q '03 1Q '04 2Q '04 3Q '04 4Q '04 1Q '05 2Q '05 3Q '05 4Q '05 East 41122 49638 60547 60071 68121 71113 86718 97025 90630 SELF SERVICE COIN COUNTER Number of Transactions

DEPOSIT MIX Savings4% DDA12% NOW9% MMKT24% CDs51% East 103055 278707 198295 559390 1182074 BANKATLANTIC 1Includes Public & Brokered CDs Savings8% DDA27% NOW19% MMKT25% CDs21% East 298867 970086 677241 904941 784524 Low Cost Deposits = 25% Low Cost Deposits = 54% Average Balances

2001 2002 2003 2004 2005 NEW LOW COST DEP 43000 99000 145000 166000 222000 NEW LOW COST ACCOUNTS (CHECKING AND SAVINGS)* *DDA, NOW, Savings

DEPOSIT GROWTH DDA NOW SAVINGS MMA CDs 4Q'04 890.398 658.137 270.001 875.422 763.244 4Q'05 1019.949 755.708 313.889 846.441 816.689 LOW COST DEPOSITS* 4Q'04 1818.536 4Q'05 2089.546 Period-end Balances, Millions 15% 15% 16% 7% 0.23% 0.00% 0.50% 0.36% 3.33% - -3% 1.74% 4Q'05 Deposit Cost % Growth Over Year Ago Quarter 15% *DDA, NOW, Savings YEAR-OVER-YEAR CHANGE

GROWTH IN CHECKABLE DEPOSITS* 11/1/2004 12/1/2004 1/1/2005 2/1/2005 3/1/2005 4/1/2005 5/1/2005 6/1/2005 7/1/2005 8/1/2005 9/1/2005 10/1/2005 11/1/2005 12/1/2005 BankAtlantic Checkable Deposits 0.2987 0.294 0.3146 0.3129 0.2942 0.269 0.2309 0.233 0.2154 0.2116 0.195 0.1635 0.1637 0.1688 National Checkable Deposits 0.0638 0.0511 0.0404 0.0221 0.0141 -0.0107 0.0063 -0.0012 -0.011 -0.0151 -0.0322 -0.0257 -0.0368 -0.0416 BankAtlantic vs. National *DDA & NOW Average Account Balances National Deposit Source: St. Louis Federal Reserve

1 DDA, NOW, Savings 2 Includes Stores open for 2 years or more DEC'02 MAR'03 JUN'03 SEP'03 DEC'03 MAR'04 JUN'04 SEP'04 DEC'04 MAR'05 JUN'05 SEP'05 DEC'05 LCD GROWTH 0.305 0.312 0.331 0.362 0.335 0.363 0.369 0.272 0.297 0.272 0.235 0.23 0.169 15% Goal LOW COST DEPOSIT GROWTH1 "SAME STORE,"2 YEAR-OVER-YEAR CHANGE 20% Goal

LOW COST DEPOSITS* 1Q'02 2Q'02 3Q'02 4Q'02 1Q'03 2Q'03 3Q'03 4Q'03 1Q'04 2Q'04 3Q'04 4Q'04 1Q'05 2Q'05 3Q'05 4Q'05 Low Cost Deposit % 0.293 0.301 0.317 0.351 0.396 0.411 0.429 0.454 0.493 0.5 0.501 0.526 0.531 0.543 0.54 0.557 *DDA, NOW, Savings % OF TOTAL DEPOSITS

DEMAND DEPOSITS 1Q'02 2Q'02 3Q'02 4Q'02 1Q'03 2Q'03 3Q'03 4Q'03 1Q'04 2Q'04 3Q'04 4Q'04 1Q'05 2Q'05 3Q'05 4Q'05 Low Cost Deposit % 0.13 0.14 0.14 0.16 0.18 0.19 0.2 0.21 0.24 0.24 0.24 0.26 0.26 0.282 0.276 0.272 % OF TOTAL DEPOSITS

TOTAL DEPOSITS 2001 2002 2003 2004 2005 Total Deposits 2.276567 2.920555 3.058142 3.457202 3.752676 Compound Growth 13.3% Cost of Deposits 3.68% 2.20% 1.23% 54 72 73 Number of Stores 13.1% Period-end Balances, Billions 74 0.88% 8.6% 78 1.10% BANK OPERATIONS

GROWING FEE INCOME $6.4 Million +10% vs 3Q'05 +20% vs 4Q'04 $17.8 Million +8% vs 3Q'05 +31% vs 4Q'04 Debit Card Deposit Fees 4Q'05 FEE INCOME $25.3 Million Other $1.1 Million - -4% vs 3Q'05 +8% vs 4Q'04 BANK OPERATIONS

2001 2002 2003 2004 2005 Fee Income 32.368349 42.315973 63.144773 78.68041 95.02268012 Compound Growth 30.9% 20.8% 24.4% FEE INCOME BANK OPERATIONS Dollars in Millions

2001 2002 2003 2004 2005 Total Loans 2.774 3.37263 3.686153 4.599048 4.486502 Compound Growth 12.8% Loan to Deposit Ratio 122% 115% 121% 133% 120% Period-end Balances, Billions LOAN GROWTH BANK OPERATIONS

LOAN PORTFOLIO MIX Residential Loans44% Commercial Loans37% Consumer Loans11% Small Business Loans3% Corporate Loans.5% East 1323144 1116835 315873 98231 153588 BANKATLANTIC Residential Loans46% Commercial Loans36% Consumer Loans11% Small Business Loans5% Corporate Loans.2% East 2167383 1684083 518594 211371 90648 Average Balances

2001 2002 2003 2004 2005 4Q'05 NIM 0.0361 0.0352 0.0328 0.0379 0.0395 0.0405 NET INTEREST MARGIN BANK OPERATIONS

2001 2002 2003 2004 2005 Non Performing Assets % Loans & Other Assets 1.2% 0.8% 0.4% 0.2% 0.2% Annualized Net Charge offs to Avg. Loans O/S 0.6% 0.6% 0.0% - 0.1% 0.0% Loan Loss Reserve / NPL 114.4% 235.6% 422.1% 582.2% 605.7% Period-end Balances, Billions ASSET QUALITY BANK OPERATIONS

40 Branches 441 Financial Counselors $18.2 Billion in Customer Assets RYAN BECK & CO.

Wealth Management Investment Banking Capital Markets $36.3 Million - -4% vs 3Q'05 - -9% vs 4Q'04 $5.3 Million +28% vs 3Q'05 -27% vs 4Q'04 $12.6 Million +4% vs 3Q'05 +43% vs 4Q'04 4Q'05 TOTAL REVENUE $54.2 Million RYAN BECK & CO.

BANKATLANTIC CURRENT ISSUES Stable net interest margin, but lower earning assets Decision made not to grow assets in response to a flat yield curve Slower growth in low cost deposits 15% growth in 4Q Large increase in new accounts in 4Q 23% average growth in 2005 Increased marketing expenses and costs of expanded hours Our response to competitive pressures Objective to return to 30% low cost deposit growth Ultimate resolution of compliance matter $10 million reserve established in 4Q

INCOME FROM CONTINUING OPERATIONS1 2002 2003 2004 2005 4Q '04 4Q '05 Income from Continuing Ops 19.15 38.597 70.768 59.072 17.293 -1.603 CONSOLIDATED 1 Income before discontinued operations, extraordinary items and the cumulative effect of a change in accounting principle, as shown on slide #48 Compound Growth 46% Dollars in Millions

OPERATING NET INCOME TREND1 2002 2003 2004 2005 4Q '04 4Q '05 Operating Net Income 38.799 46.75 63.615 71.481 17.293 8.397 CONSOLIDATED 36% Compound Growth 23% 1GAAP Income from Continuing Operations adjusted as shown on slide #48 Dollars in Millions 12%

EPS TREND FROM CONTINUING OPERATIONS1 2002 2003 2004 2005 4Q '04 4Q '05 EPS Trend from Continuing Operations 0.32 0.62 1.11 0.92 0.27 -0.03 CONSOLIDATED Compound Growth 42% 1 Income before discontinued operations, extraordinary items and the cumulative effect of a change in accounting principle, as shown on slide #48

EPS TREND FROM OPERATING NET INCOME1 2002 2003 2004 2005 4Q '04 4Q '05 EPS Trend from Operating Net Income 0.63 0.75 1 1.12 0.27 0.13 CONSOLIDATED 33% Compound Growth 21% 1GAAP Income from Continuing Operations adjusted as shown on slide #48 12%

ANNUAL RETURN BBX S&P 500 2001 140.08% -9.34% 2002 2.91 % - 22.56 % 2003 99.52 % 24.54 % 2004 35.68 % 11.21 % 2005 - 28.59 % 5.77 % BANKATLANTIC BANCORP

FORWARD-LOOKING INFORMATION Except for historical information contained herein, the matters discussed in these slides 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"), that involve substantial risks and uncertainties. When used in this presentation and in any documents incorporated by reference herein, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify certain of such forward- looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of BankAtlantic Bancorp, Inc. ("the Company") and are subject to a number of risks and uncertainties that are subject to change based on factors which are, in many instances, beyond the Company's control. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, products and services; credit risks and loan losses, and the related sufficiency of the allowance for loan losses; changes in interest rates and the effects of, and changes in, trade, monetary and fiscal policies and laws including their impact on the bank's net interest margin; adverse conditions in the stock market, the public debt market and other capital markets and the impact of such conditions on our activities and the value of our assets; BankAtlantic's seven-day banking initiative and other growth initiatives not being successful or producing results which do not justify their costs; the impact of periodic testing of goodwill and other intangible assets for impairment; as well as the costs related to the correction of compliance deficiencies associated with the USA Patriot Act, anti-money laundering laws and the Bank Secrecy Act, and whether or to what extent monetary or other penalties relating to these compliance deficiencies will be imposed on the Company by regulators or other federal agencies. Estimates and new account opening assumptions are based largely on the application of deposit growth trend lines from prior periods. The results or performance derived or implied, directly or indirectly, from the estimates and assumptions are based on our beliefs and may not be accurate. Past performance, actual or estimated new account openings and growth rates may not be indicative of future results. Further, these slides contain forward-looking statements with respect to Ryan Beck & Co., which are subject to a number of risks and uncertainties including but not limited to the risks and uncertainties associated with its operations, products and services, changes in economic or regulatory policies, its ability to recruit and retain financial consultants, the volatility of the stock market and fixed income markets, as well as its revenue mix, the success of new lines of business; and additional risks and uncertainties that are subject to change and may be outside of Ryan Beck's control. In addition to the risks and factors identified above, reference is also made to other risks and factors detailed in reports filed by the Company with the Securities and Exchange Commission. The Company cautions that the foregoing factors are not exclusive.

Total Assets $6.3 Billion Billion -0.4% Total Deposits $3.8 Billion Billion +8.5% Total Loans (Net) $4.5 Billion Billion -2.4% Income from Continuing Ops (a) $(1.6) Million Million -109.3% Operating Net Income (b) $8.4 Million Million -51.4% EPS from Continuing Ops (a) $(0.03) -109.6% EPS from Operating Net Income(b) $0.13 -50.7% FINANCIAL HIGHLIGHTS 4Q'05 vs 4Q'04 4Q'05 CONSOLIDATED Income before discontinued operations, extraordinary items and the cumulative effect of a change in accounting principle, as shown on slide #48 (b) GAAP Income from Continuing Operations adjusted for the items shown on slide #48

CONSOLIDATED RECONCILIATION OF GAAP, CONTINUING OPERATIONS AND OPERATING EARNINGS NET INCOME (GAAP) $ 50,335 $67,717 $70,768 $59,072 $17,293 $(1,603) Income from disc. ops. (22,543) (29,120) Cumulative effect of a change in actg prin. 15,107 Gruntal extra. item (23,749) INCOME FROM CONTINUING OPERATIONS $19,150 $38,597 $70,768 $59,072 $17,293 $(1,603) Restructuring acquisition charges 5,398 Losses/(Gains) from debt redemption 2,031 8,153 7,632 Reserve for compliance deficiencies 10,000 10,000 Litigation (14,785) Securities impairment 12,220 Bank facilities impairment 2,409 OPERATING NET INCOME $38,799 $46,750 $63,615 $71,481 $17,293 $8,397 DILUTED: EPS GAAP $0.81 $1.08 $1.11 $0.92 $0.27 $(0.03) DILUTED: EPS CONTINUING OPERATIONS $0.32 $0.62 $1.11 $0.92 $0.27 $(0.03) DILUTED: EPS OPERATING NET INCOME $0.63 $0.75 $1.00 $1.12 $0.27 $0.13 FY 2002 FY 2003 FY 2004 FY 2005 4Q'05 4Q'04 Dollars in Thousands, except for EPS

BANK OPERATIONS 2002 2003 2004 2005 4Q'05 Deposit Cost of Funds (including impact of free funding from DDAs) 2.20% 1.23% 0.88% 1.10% 1.26% Borrowing Cost of Funds (other interest bearing liabilities) 4.35% 4.11% 3.45% 3.93% 4.52% Total Cost of Funds 2.98% 2.21% 1.59% 2.07% 2.27% FUNDING COSTS

2001 2002 2003 2004 2005 TOTAL ASSETS 4.4 5.1 4.8 6.4 6.3 LEVITT 0.2 0.3 0.4 Compound Growth 9.4% CONSOLIDATED (a) Excludes Levitt (b) Levitt's asset contribution prior to spin-off on 12/31/2003 $4.8(a) $0.4(b) TOTAL ASSETS Dollars in Billions $0.2b) $0.3(b)

Residential $2,038 45.0% -1% Commercial Real Estate 1,615 35.7% -8% Consumer 546 12.1% +12% Small Business 236 5.2% +24% Corporate 90 2.0% -2% Total Loans $4,524 100% -2% 4Q'05 Gross Outstandings % of Total 4Q'05 vs 4Q'04 Period-end Balances, Billions LOAN COMPOSITION BANK OPERATIONS