In order to select the appropriate high concentration compound fertilizer (HCCF) under sprinkling fertigation, a field experiment was carried out in Hainan to investigate the effects of HCCF on banana growth and yield, and cost analysis was estimated thereafter. The results showed that HCCF increased banana yields over traditional fertilizer management(as CK) by 8% on the basis of equal fertilizer cost, since it enhanced the finger number, finger length and finger girth efficiently, the benefit of HCCF is also higher. In summary, that fertilized banana with HCCF is economical and HCCF has broad application perspective for banana water and nutrients management under sprinkling fertigation.