Dhaka, June 29 -- Bangladesh's listed banking stocks, once a cornerstone of the equity market, continue to fall to multi year lows as concerns over liquidity, governance and asset quality weigh on investor sentiment.

Market data show that 18 of the 36 banks quoted on the Dhaka Stock Exchange (DSE) are now trading at, or below, their Tk 10 face value-long viewed as the sector's notional floor for investor confidence. Five of those institutions are priced under Tk 5, indicating deep scepticism about prospects for earnings and dividend growth.

Of the 36 banks on the exchange, 33 have published unaudited results for the January-March 2025 quarter. Seventeen reported year on year declines in earnings per share (EPS), according to DSE filings...