Preheat the oven to 350°F (175°C). Spray a 10–12 cup Bundt pan generously with flour-containing baking spray, coating every ridge and crevice.
Whisk flour, baking soda, and salt in a medium bowl. Set aside.
Beat softened butter in a large bowl with an electric mixer on medium for 2 minutes until creamy and pale. Add both sugars and beat for 2–3 more minutes until light and fluffy.
Add eggs one at a time, beating well after each. Mix in vanilla extract.
Add mashed bananas and mix on low until combined. Batter may look slightly curdled — that's normal.
Mix in sour cream on low until just incorporated.
Add flour mixture in two additions, mixing on low after each until no streaks remain. Do not overmix.
Pour batter immediately into the prepared pan. Bake for 55–65 minutes, until a toothpick inserted in the thickest part comes out clean or with a few moist crumbs.
Cool in the pan on a wire rack for 10–15 minutes. Flip onto the rack and remove the pan. Cool completely, about 30 minutes, before glazing.
Make the glaze: Beat cream cheese until smooth. Whisk in powdered sugar, vanilla, and 2 tbsp milk until pourable, adding a third tablespoon if needed.
Glaze the cooled cake, pouring from the center and letting it run into the ridges naturally. Let set for 5 minutes before slicing.