Preheat your oven to 350°F (175°C) and prepare two loaf pans by greasing or lining them with parchment paper.
In a large mixing bowl, cream together the softened butter, cream cheese, and sugar until light and fluffy.
Beat in the eggs one at a time, then stir in the mashed bananas and vanilla extract.
In a separate bowl, whisk together the flour, baking soda, baking powder, and salt. Gradually add this to the wet ingredients, mixing gently.
Fold in the toasted walnuts until evenly distributed.
Divide the batter evenly between the prepared loaf pans. Bake for about 45 to 50 minutes, or until golden brown and a toothpick inserted into the center comes out clean.
Allow the loaves to cool in the pans for about 10 minutes before transferring to a wire rack to cool completely.
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Notes
Store in an airtight container at room temperature for up to three days or refrigerate for about a week.