01 -
Preheat your oven to 350°F (175°C) and line a muffin tin with cupcake liners.
02 -
In a bowl, whisk together the flour, baking soda, baking powder, and salt.
03 -
In a separate bowl, cream the softened butter and sugar together until light and fluffy.
04 -
Beat in the eggs one at a time, then mix in the mashed bananas, peanut butter, milk, and vanilla extract until well combined.
05 -
Gradually add the dry ingredients to the wet mixture, mixing until just combined.
06 -
Fill each cupcake liner two-thirds full with the batter.
07 -
Bake for 18-20 minutes, or until a toothpick inserted into the center of a cupcake comes out clean.
08 -
Cool the cupcakes in the pan for a few minutes before transferring them to a wire rack to cool completely.
09 -
Once cooled, drizzle caramel sauce over the top of each cupcake and sprinkle with chopped peanuts.
10 -
Enjoy!.