In a large bowl, whisk together the milk and pudding mix until slightly thickened, about 2-3 minutes.

Beat in the softened cream cheese with an electric mixer until smooth. Scrape down the sides of the bowl as needed.

Add the sweetened condensed milk and beat until fully incorporated, creating a thick, velvety mixture.

Gently fold in half of the thawed whipped topping until evenly distributed. Save the remaining whipped topping for the final layer.

Choose a trifle bowl, 9x13 inch baking dish, or individual serving dishes to showcase your work of art.

Layer vanilla wafers on the bottom of the dish to create a sturdy base.

Arrange a layer of sliced bananas over the vanilla wafers, allowing their sweetness to shine through.

Spoon about one-third of the pudding mixture over the banana slices, spreading evenly to cover.

Repeat the layering process of vanilla wafers, banana slices, and pudding two more times until you have reached the top of your dish, finishing with a glorious final layer of pudding.

Spread the reserved whipped topping evenly over the pudding layer, creating a fluffy cloud effect.

Garnish with extra vanilla wafers, banana slices, or even a drizzle of caramel sauce for that beautiful finish.

Cover the banana pudding tightly with plastic wrap, ensuring the wrap touches the surface of the whipped topping to prevent a skin from forming.

Chill in the refrigerator for at least 4 hours, or preferably overnight, to allow the flavors to meld perfectly.

Scoop into individual bowls and enjoy the delightful layers as they cascade onto your spoon!