$1.30 0.02 (+1.54%)
12/4/2009 10:34 AM

BankAtlantic Bancorp, Inc. (BBX)

CAPS Rating: 1 out of 5

A Florida-based financial services holding company and owns BankAtlantic and its subsidiaries. BankAtlantic provides a full line of products and services encompassing consumer and commercial banking.

Recs

1
Member Avatar floridabuilder2 (99.63) Submitted: 1/7/2008 3:20:36 PM : Underperform Start Price: $18.63 BBX Score: +11.49

alan levan of LEV homes is involved... 459 million in construction and land development loans... that are worthless... of all the publicly traded florida banks, this is one of the worst ones

Report this Post 1 Comment
Member Avatar floridabuilder2 (99.63) Submitted: 4/10/2008 10:05:22 AM
Recs: 0 Rec This

my red thumb on this was more due to information regarding their package of residential loan portfolios that was getting a bid well below 20 cents on a dollar... they are going to take a significant hit on their residential loans and they either need a capital injection or they will become insolvent

Report this Post

Featured Broker Partners