Step 1

Pudding: In a large mixing bowl, whisk vanilla pudding, milk, and sweetened condensed milk together then stir in the vanilla extract. Cover and refrigerate the pudding mix for 30 minutes.

Step 2

Prep: Once the pudding has chilled and set, using a spatula, fold half of the whipped topping into the pudding until combined.

Step 3

Grab the bananas and dice them into 1/2" slices and keep them nearby for the next steps.

Step 4

Assemble: In a trifle dish or large bowl, cover the bottom with one layer of the vanilla wafers. Top with a layer of sliced bananas and then ⅓ of the pudding mix. Repeat with 2 more layers ending with pudding mix.

Step 5

Chill: Cover and refrigerate for at least 2 hours before serving.

Step 6

Serve: Top with whipped cream, extra banana slices, and vanilla wafers.