Bank of America SEC Filings

BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering 3-year Contingent Income Issuer Callable Yield Notes linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indexes. Investors receive quarterly contingent coupons at a rate of at least 9.50% per annum (at least $23.75 per $1,000) only if each index is at or above 70% of its starting level on the relevant observation date. Beginning in July 2026, the issuer may redeem the notes quarterly at par plus any due coupon. If the notes are not called and the worst-performing index finishes below 65% of its starting value at maturity in January 2029, repayment is reduced 1:1 with index losses, up to a total loss of principal. The initial estimated value is expected to be $930–$980 per $1,000 note, less than the $1,000 public offering price, and the notes will not be listed on an exchange.

BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering contingent income auto-callable yield notes linked to the common stock of Broadcom Inc. (AVGO), scheduled to mature on January 19, 2029 if not called earlier. The notes are sold in $1,000 denominations at a public offering price of $1,000, with proceeds to BofA Finance of $975 per note before expenses. The initial estimated value is expected between $920 and $970 per $1,000.

Investors may receive quarterly contingent coupon payments of between $28.75 and $31.25 per $1,000 per period (actual rate set on the pricing date) when AVGO’s observation value is at least 50% of its starting value, with a “memory” feature that can make up missed coupons if the barrier is later met. Beginning July 15, 2026, the notes are automatically called if AVGO is at or above 100% of its starting value, paying back principal plus the applicable coupon. If held to maturity and AVGO has fallen more than 50% from its starting value, repayment is reduced 1:1 with the stock decline, up to a total loss of principal. All payments depend on the credit of BofA Finance and Bank of America, and the notes will not be listed on any exchange.

BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100® Technology Sector Index, the Russell 2000® Index and the S&P 500® Index. The notes have an approximate 23‑month term, a denomination of $1,000.00 and a public offering price of $1,000.00 per note.

The notes pay a contingent coupon of 9.00% per annum (0.75% per month), but only if on each monthly Observation Date the closing level of every index is at or above 70.00% of its Starting Value. Beginning April 20, 2026, the issuer may redeem the notes monthly at $1,000.00 per note plus any due coupon. If held to maturity and any index has fallen by more than 30% from its Starting Value, repayment of principal is reduced 1:1 with the decline in the worst‑performing index, up to a total loss. The initial estimated value is expected to be between $920.00 and $970.00 per $1,000.00, and all payments are subject to the credit risk of BofA Finance and BAC.

Bank of America’s BofA Finance LLC is offering auto-callable structured notes linked to the worst performer of the EURO STOXX 50 Index and the iShares MSCI EAFE ETF. The notes have an expected 5-year term, no periodic interest, and are unsecured senior obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation.

Starting January 25, 2027, the notes are automatically called quarterly if on a call observation date both underlyings are at or above 100% of their starting values, paying the applicable call amount (from $1,081.50 up to $1,387.125 per $1,000). If not called, and at maturity both underlyings are at or above their starting values, investors receive $1,407.50 per $1,000.

If the notes are not called and the least performing underlying finishes below 75% of its starting value, repayment is reduced 1:1 with the decline and up to 100% of principal can be lost; if it is between 75% and 100%, principal is returned. The initial estimated value is expected between $910 and $960 per $1,000, below the $1,000 public offering price, reflecting internal funding, underwriting discounts and hedging-related costs, and the notes will not be listed on any exchange.

BofA Finance LLC, fully and unconditionally guaranteed by Bank of America Corporation, is offering 10.00% Issuer Callable Daily Range Accrual Notes linked to the 10‑Year CMT Rate, maturing on July 20, 2032. These senior unsecured notes pay quarterly interest at a variable rate equal to the 10.00% Base Rate multiplied by N/D, where N is the number of U.S. Government Securities Business Days in the period when the CMT Rate is between 0.00% and 4.60%, and D is the total such business days. If the CMT Rate is below 0.00% or above 4.60% for all days in an interest period, no interest is paid for that quarter. The notes are callable at the issuer’s option at 100% of principal plus accrued interest on each quarterly interest payment date from January 20, 2027 through April 20, 2032. The public offering price is $1,000 per note, with an underwriting discount of $7.50 and proceeds to BofA Finance of $992.50 per $1,000. The notes are not FDIC insured, will not be listed on an exchange, and secondary market liquidity and pricing are uncertain.

BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering approximately three-year Contingent Income Issuer Callable Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on January 10, 2029. The notes pay a contingent coupon of 8.00% per annum (2.00% quarterly) only if on each observation date every index is at or above 75% of its starting level.

Beginning July 10, 2026 the issuer can redeem the notes quarterly at $1,000 per note plus any due coupon. If the notes are not called and the worst index is below 63% of its starting level at maturity, investors are exposed to 1:1 downside and can lose up to their entire principal; otherwise they receive full principal and any final coupon. The initial estimated value is expected between $920 and $970 per $1,000, the public offering price is $1,000 with a $25 underwriting discount, the minimum denomination is $1,000, payments depend on the credit of BofA Finance and BAC, and the notes will not be listed on an exchange.

Bank of America Corporation is offering senior unsecured Fixed Rate Callable Notes due January 23, 2029. The notes pay fixed interest at 4.10% per annum, with interest paid quarterly on January 23, April 23, July 23 and October 23 of each year, beginning April 23, 2026, using a 30/360 day count. The notes are issued in minimum denominations of $1,000 and multiples of $1,000 and will be delivered in book-entry form through DTC around January 23, 2026.

Bank of America may redeem all of the notes at 100% of principal plus accrued interest on January 23, 2027 and on each subsequent quarterly Call Date through October 23, 2028. The notes are not deposits, are not guaranteed by Bank of America, N.A., are not insured by the FDIC or any governmental agency, and are subject to the issuer’s credit risk. They are not listed on any securities exchange, and a secondary market may be limited or unavailable.

Bank of America has changed how it accounts for certain tax-related equity investments in affordable housing and wind and solar renewable energy projects. Affordable housing and eligible wind investments are moving from the equity method to the proportional amortization method, which shifts related costs from noninterest income to income tax expense. For solar investments, investment tax credits and related expenses will now be recognized over the productive life of the facilities, with tax credits reported in noninterest income against the related expense.

The changes mainly reclassify amounts between income statement lines and have an insignificant impact on net income annually. Applied retrospectively, retained earnings as of September 30, 2025 decreased by $1.7 billion, and the cumulative impact would have reduced Common equity tier 1 capital by an estimated $2.1 billion, lowering the Common equity tier 1 ratio by 13 basis points. The effective tax rate for the third quarter of 2025 would have been 20.0% instead of 10.4%.

BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Dual Directional Buffered Notes linked to the least performing of the Nasdaq-100® Index and the S&P 500® Index, with an approximate 13‑month term to February 10, 2027. These unsecured notes provide 100% upside participation in the least performing index, capped at a maximum return of 17.75% ($1,177.50 per $1,000). If the least performing index finishes between 90% and 100% of its starting level, holders receive a positive return equal to the absolute percentage decline.

If the least performing index falls more than 10%, principal is exposed 1:1 beyond that buffer, with up to 90% of principal at risk. The notes pay no periodic interest, will not be listed on an exchange, and all payments depend on the credit of BofA Finance and BAC. The public offering price is $1,000 per note, while the initial estimated value is expected to be between $930 and $980 per $1,000.