The purpose of this paper is to show how to use the multi-criteria decision making method called the Analytic Hierarchy Process (AHP) to compare a bank's financial ratios. Bank financial ratios are used to analyze a bank's performance and to estimate the bank's level of solvency and liquidity and can be used by the bank's clients, partners, investors or other interested parties. Within this study, the AHP model for the comparison of bank financial ratios was developed and validated. The Analytic Hierarchy Process is one of the most widely exploited decision making methods in cases when the decision is based on several tangible and intangible criteria and sub-criteria. The application for comparing a bank's financial ratios is developed using Microsoft Office Excel and Visual Basic programming language. It enables comparison of the financial ratios of up to 15 banks, using developed AHP model and providing objective’s (criteria and subcriteria) relative significance and priorities of the alternatives (banks) as a result of the comparison. To validate the proposed model, the application is used for comparing 15 largest banks in Croatia according to the total value of assets on 30^th June 2009.