Six Listed Banks in Bangladesh Skip Dividend for 2025

Published May 1, 2026

Six commercial banks listed on the country’s stock exchanges have decided not to recommend any dividend for the financial year ending December 31, 2025. The decision was reached during separate board meetings held on Thursday, April 30, following the approval of their audited financial statements.

The banks opting out of dividend payouts are AB Bank PLC, Mercantile Bank PLC, IFIC Bank PLC, One Bank PLC, National Bank PLC, and NRB Bank PLC. According to the Price Sensitive Information (PSI) disclosed by the institutions, the decisions reflect a mix of significant losses for some and conservative capital management for others.

Financial Performance Overview

The following table summarizes the earnings and asset positions of the six banks for the 2025 fiscal year:

Bank Name	EPS / LPS (2025)	Previous Year EPS/LPS	NAVPS / Net Liability
AB Bank	(Tk 43.42) Loss	(Tk 21.28) Loss	Tk 36.02 (Net Liability)
IFIC Bank	(Tk 13.32) Loss	(Tk 0.63) Loss	Tk 4.96 (NAVPS)
National Bank	(Tk 7.55) Loss	(Tk 5.30) Loss	Tk 7.37 (Net Liability)
One Bank	Tk 0.28 Profit	Tk 1.24 Profit	Tk 22.46 (NAVPS)
Mercantile Bank	Tk 1.10 Profit	Tk 0.58 Profit	Tk 23.92 (NAVPS)
NRB Bank	Tk 0.20 Profit	Tk 0.11 Profit	Tk 12.89 (NAVPS)

Key Bank Highlights

AB Bank PLC: The bank’s financial health saw a sharp decline, with Loss Per Share (LPS) widening to Tk 43.42 from Tk 21.28 in the previous year. As of December 31, its net liability stood at Tk 36.02.
IFIC Bank PLC: Facing a significant downturn, IFIC reported a loss of Tk 13.32 per share, a steep jump from the marginal loss of Tk 0.63 recorded in 2024.
National Bank PLC: Continuing its struggle with losses, the bank reported an LPS of Tk 7.55, compared to Tk 5.30 in the prior year.
Profitable but Cautious: Despite reporting profits, Mercantile Bank, One Bank, and NRB Bank have also skipped dividends. Mercantile Bank’s earnings actually improved to Tk 1.10 per share, while NRB Bank saw a slight rise to Tk 0.20. Conversely, One Bank’s profit dropped significantly from Tk 1.24 to Tk 0.28.

Upcoming General Meetings and Record Dates

Shareholders of these banks will deliberate on these financial results in the upcoming Annual General Meetings (AGM). The schedule is as follows:

AB Bank: AGM on June 18; Record Date: May 21.
Mercantile Bank: AGM on June 24; Record Date: May 21.
IFIC Bank: AGM on June 29; Record Date: May 21.
One Bank: AGM on August 13; Record Date: June 11.
National Bank: AGM on August 13; Record Date: June 15.
NRB Bank: AGM on August 20; Record Date: June 17.

Market Context: The decision to skip dividends, particularly by banks showing profit, often points toward a strategy to bolster capital adequacy ratios or manage liquidity amidst a volatile economic landscape. For those reporting heavy losses, the move is a direct consequence of eroded capital bases.