This post may contain affiliate links. Please read our disclosure policy.
My Magnolia banana pudding recipe is as good as the one at Magnolia Bakery, if not better. Creamy vanilla pudding, sweet fresh bananas and soft vanilla wafers with a surprising little crunch. Every time I bring it to a party, I’m sure I’ll be coming home with leftovers, and I never do.

This Magnolia banana pudding makes an appearance at my house a lot, in the summer and again for the holidays, because it’s really easy to make and people love it. It’s personally one of my favorite recipes, and it looks as good in a trifle bowl as it does in individual cups.
I make the pudding with sweetened condensed milk and fold in a big batch of fresh whipped cream, so it comes out creamy and thick. Every spoonful gets pudding, banana and wafer, all the way to the bottom of the bowl.
If you love a from-scratch custard, I also have a homemade banana pudding you cook on the stove, and you’ll find more bakery and restaurant favorites in my copycat dessert recipes.

HUSBAND APPROVED
The Banana Pudding I Promised My Husband in New York
My husband is a real banana pudding aficionado, and when we tried the famous banana pudding at Magnolia Bakery in New York, he loved it so much that I promised to make him my own version as soon as we got home.
I did, and he swears mine is even better than the original. I’ve made it over and over since that first batch, and it’s become a family favorite for all of us.

Key Ingredients

- Sweetened condensed milk: I use sweetened condensed milk because it’s already sweetened, so the pudding comes out rich and sweet without any extra sugar. Evaporated milk isn’t sweetened, so I never swap it in.
- Instant vanilla pudding: Make sure you grab a 3.4-ounce box of instant vanilla pudding and not cook-and-serve, because the instant mix is what sets up in the fridge without any cooking. I reach for Jell-O.
- Heavy whipping cream: I whip my own cream with the vanilla until it’s stiff, and folding it in helps lighten up the richness of the pudding. I haven’t tested Cool Whip in place of the cream, so fresh whipped cream is the one I can vouch for, and my homemade whipped cream walks you through it.
- Clear vanilla flavoring: I use clear vanilla flavoring, but you can swap in regular vanilla extract, and the only difference is a slightly darker pudding.
- Vanilla wafers: I use Nilla wafers, and they soften as the pudding chills while still giving you a surprising little crunch. If you can’t find them, shortbread cookies like the Chessmen in my Paula Deen banana pudding or vanilla sandwich cookies can stand in.

How to Make Magnolia Bakery Banana Pudding
Step 1: Make the Pudding Base Beat the sweetened condensed milk with the cold milk and water, then add the pudding mix and beat for 2 minutes. It should be starting to thicken when you stop.
Step 2: Chill Until It’s Set Cover the bowl and refrigerate it for at least 4 hours or overnight, until the pudding is completely set.
Step 3: Whip and Fold In the Cream Whip the heavy cream and vanilla until stiff, then gently fold it into the set pudding until it’s one even color with no streaks.
Step 4: Layer and Chill Again Layer a third of the wafers, then banana slices, then a third of the pudding, and repeat until you have 3 layers. Finish with the crushed wafers, then cover it and chill for at least 4 hours before serving.
This recipe is the best. Every time I make it I feel like it’s better than the last. My family loves it. Even asks for it on birthdays. Thank you for posting!!

How I Keep the Bananas From Turning Brown
I think brown bananas are the biggest thing that can go wrong with this banana pudding, because otherwise it’s pretty hard to mess up. Starting with bananas that are barely ripe helps the most, because they brown a lot slower, and a quick toss in a little lemon or lime juice before they go in helps too.
If your bananas get too ripe, don’t toss them. That’s exactly when I make my chocolate chip banana bread.
Making It Ahead and Storing It
You can make the pudding base the night before and keep it covered in the fridge, then whip the cream and layer everything the next day, or make the whole thing the same day. I don’t layer it the night before, because the bananas brown overnight. It’s on my list of easy no bake desserts for exactly that reason.
Leftovers keep covered in the fridge for up to 2 days, but the bananas will darken, so it looks its best the day you serve it. I don’t freeze this one, because the pudding turns grainy and watery as it thaws.

More Banana Recipes
If you have bananas to use up, here are more banana recipes to try.
- Banana Pudding Poke Cake
- Banana Pudding Cookies
- Walking Banana Pudding
- Banana Split Cake
- Banana Bread Mini Muffins

Magnolia Bakery Banana Pudding
Ingredients
- 1 (14 oz) can sweetened condensed milk
- 1 cup very cold milk
- ½ cup very cold water
- 1 (3.4 oz) box instant vanilla pudding
- 1 (11 to 12 oz) box vanilla wafers (reserve 5 to 6 wafers and the crumbs from the box)
- 3 cups heavy whipping cream
- ½ teaspoon clear vanilla flavoring
- 5 bananas just barely ripe, sliced
Instructions
- Using either a hand held mixer or a stand mixer, combine the sweetened condensed milk, cold water and cold milk. Mix on low-medium for 1 to 2 minutes.1 (14 oz) can sweetened condensed milk, ½ cup very cold water, 1 cup very cold milk
- Add the vanilla pudding mix and beat on medium for 2 minutes. The pudding mixture should start to thicken.1 (3.4 oz) box instant vanilla pudding
- Cover and refrigerate for 4 hours or overnight, until the pudding is completely set.
- Using either a hand held mixer or a stand mixer, combine the heavy cream and vanilla flavoring and beat until the cream is stiff.3 cups heavy whipping cream, ½ teaspoon clear vanilla flavoring
- Gently fold the whipped cream into the fully set pudding. Fold until the cream and pudding are completely combined and uniform in color, with no visible streaks.
- For presentation, use a large serving bowl, trifle dish or compote dish. You can also use mini trifle dishes or cups for individual servings. Line the bottom of the bowl with ⅓ of the vanilla wafers (about 30 wafers).
- Evenly layer 1½ cups of the sliced bananas on top of the wafers.5 bananas
- Top the banana slices with ⅓ of the pudding mixture.
- Repeat until there are 3 layers of wafers, bananas and pudding.1 (11 to 12 oz) box vanilla wafers
- Crush the reserved 5 to 6 wafers.
- To finish, sprinkle the top of the pudding with the crushed wafers. You may also use any leftover crumbs from the wafer box.
- Cover and refrigerate for at least 4 hours before serving, so the wafers soften.
Jenn’s Notes
- Plan ahead. The pudding needs at least 4 hours to set before the cream goes in, and the layered pudding needs at least 4 more hours before serving.
- Use a 3.4-ounce box of instant pudding, not cook-and-serve, and pour the milk and water straight from the fridge.
- Barely ripe bananas brown slower, and keeping every slice covered with pudding helps them stay yellow.
















Can I use regular vanilla instead of the clear? What difference would it make?
Thanks. Wanda
You can – it won’t make any difference. Just darkens the pudding a little, but I use regular all of the time.
Best banana pudding I’ve ever had! Very easy to make and it came out perfect. It was not runny and thickened up just fine. I did leave it in the fridge overnight though, not sure how it would work with just a few hours but I’m sure it would be great either way!
Thanks so much for your feedback! So glad you enjoyed it. This is one of my families favorites!
I think this is the best banana pudding I have ever eaten. Very easy to make
So glad you enjoyed it! It is a family favorite!
I followed the recipe and it didn’t set after overnight in the refrigerator. I wonder if I mixed too much but either way, it didn’t set after 8+ hours in the fridge. I do agree with RS that maybe something is off with the recipe. I’m going to try more mix to see if it can be salvaged. Just commenting because I had a similar experience to another reviewer.
I am so sorry you are having troubles. There are a few reasons why this could happen. It could be that you didn’t use cold enough water or milk or possibly overmixed it. It could also be the pudding mix, if it was a different size box or expired. But either way, if the pudding is slightly runny, whipping up some additional heavy cream and gently folding it into the existing mixture can help thicken it. This can add more air and stability to the pudding, improving its texture.
Also, I wouldn’t give up, since this recipe involves layering with Nilla Wafers and bananas, complete the layering process and then chill the dessert again. The wafers can absorb some of the moisture, potentially helping the pudding to set better.
How many does 1x make?
One full trifle bowl.
I don’t have heavy whipping cream but I have cool whip, how much cool whip would I need to add?
Hi Priscilla, I have not tested that substitution to advise.
What size trifle dish do you recommend for 1x serving?
I would say for this recipe to use at least 100 ounce bowl, if not 120 ounces. Something like this https://amzn.to/47gXQCA
I tried this recipe exactly. After leaving overnight in refrigerator it never did set up. It was more like a think soup. Very disappointed as was serving this for a party. After reviewing your recipe and others–it looks like the problem was the box size of the instant pudding. This recipe calls for 3.4oz box and other call for 5.1oz box. Could it be that you have the wrong size box listed?
Hi RS. This is a recipe I make very often. I have never had it not set, so I feel confident about the size of the box. I am so sorry that it didn’t work out for you.
haven’t tried yet,but the recipe sounds awesome.!!!
How long does the banana pudding last