SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                        ---------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934
                        ---------------------------------


                                 Date of Report

                                 March 26, 2003
                                 --------------
                        (Date of earliest event reported)


                           BankAtlantic Bancorp, Inc.
                           --------------------------
             (Exact name of registrant as specified in its Charter)


                 Florida                              34-027228
--------------------------------------       -----------------------------
    (State of other jurisdiction or            (Commission File Number)
     incorporation or organization)



                                  65-0507804
                                  ----------
                        (IRS Employer Identification No.)



       1750 East Sunrise Blvd.                            33304
                                                          -----
        Ft. Lauderdale, Florida                         (Zip Code)
        -----------------------
(Address of principal executive offices)

                                 (954) 760-5000
                                 --------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)










Item 5.  Other Events

     On March  28,  2003,  BankAtlantic  Bancorp,  Inc.  issued a press  release
announcing the sale of an aggregate of $65 million of trust preferred securities
in  separate  transactions  on  March  26 and  March  27,  2003 and the call for
redemption  of  approximately  $46  million of 5.625%  Convertible  Subordinated
Debentures due 2007. The sales of the trust  preferred  securities  were part of
larger pooled trust preferred securities offerings and were not registered under
the  Securities  Act of 1933. A copy of the press release is attached  hereto as
Exhibit 99.1.


Item 7.       Financial Statements and Exhibits


(c)      Exhibits

         99.1    Press Release dated March 28, 2003.






                               SIGNATURES
                               ----------

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


BANKATLANTIC BANCORP, INC.


By:/s/Mark Wendel
-------------------
Name: Mark Wendel
Title:Senior Vice President, Controller


Dated: March 28, 2003









                                  EXHIBIT INDEX


Exhibit           Description
-------           -----------
99.1              Press Release dated March 28, 2003.