Peel and mash the ripe bananas in a pan.
Add the brown sugar, water, cinnamon, and nutmeg.
Heat the pan until it comes to a boil, then reduce to a gentle simmer.
Simmer for about 10 minutes.
Let the mixture cool, then blend until smooth.
Transfer the syrup to a sterile jar or a drink syrup bottle.
Use it to flavor lattes, matcha, or other drinks.