Financial failure prediction models are essential tools for banks to assess their ability to continue and remain within the sector. In continuation of previous local literature, the current paper aimed to predict the financial failure of a large sample of Iraqi banks listed on the stock exchange for the year 2023. The paper used the modified Altman model known as “ZETA Z”-Score.” The sample included 20 random Iraqi banks, some of which achieved profits for the year 2023 and others incurred losses. The model ratios showed good banking performance for the sample, especially with regard to working capital and the preference for equity financing instead of debt. Through the outputs of the value “ Z”-Score,” it was shown that all banks in the study sample are not at risk of failure during the year 2023, and that they all fall within the safe zone, despite some values approaching the gray area.