BANKATLANTIC BANCORP INC
8-K, 1998-03-19
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549
                        ________________________________


                                     FORM 8K

                                 CURRENT REPORT

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


                                 Date of Report

                                 MARCH 13, 1998
                        (Date of earliest event reported)



                           BANKATLANTIC BANCORP, INC.
             (Exact name of registrant as specified in its Charter)



       FLORIDA                    34-027228                65-0507804 
       -------                    ---------                ---------- 
    (State or other           (Commission File           (I.R.S. Employer 
     jurisdiction of               Number)              Identification No.)
     incorporation or 
     organization)
  
                           1750 EAST SUNRISE BOULEVARD
                         FT. LAUDERDALE, FLORIDA 33304 
                         ----------------------------- 
               (Address of principal executive offices) (Zip Code)


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



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

<PAGE>
                                       

                              ITEM 5. OTHER EVENTS



     The Board of Directors of BankAtlantic Bancorp has approved a resolution to
repurchase on the open market up to two million  shares of the Company's  common
stock.  The Board  authorized the repurchase of common stock on a "time-to-time"
basis, depending  upon  market  conditions  and  subject  to  compliance  with
applicable securities laws.





                                    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.


                                   BANKATLANTIC BANCORP, INC.




                                    By: /S/ JASPER R. EANES 
                                        ----------------------- 
                                        JASPER R. EANES
                                        CHIEF FINANCIAL OFFICER



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