Every 424B that Bank of America Corporation (BAC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BAC filings page.
BofA Finance LLC priced an offering of $9,304,000 of Auto-Callable Notes fully guaranteed by Bank of America Corporation. The Notes mature on April 13, 2028 and have an approximate 23-month term if not called. Beginning with the August 10, 2026 Call Observation Date, the Notes are automatically callable monthly if each Underlying meets its Call Value. Payments depend on the Least Performing Underlying (Russell 2000® RTY, XLK, IYR). If not called, redemption pays $1,191.682 per $1,000 if the Least Performing Underlying is ≥92.5% of its Starting Value; full principal if between 92.5% and 70%; otherwise 1:1 downside exposure with up to 100% principal loss. The initial estimated value was $968.00 per $1,000; public offering price is $1,000 per Note.
BofA Finance LLC is offering unsecured, senior, floating-rate callable notes due May 20, 2036, fully and unconditionally guaranteed by Bank of America Corporation (BAC). Interest will accrue quarterly at a variable rate equal to at least 8.62% per annum (set on the pricing date) times the fraction of U.S. Government Securities Business Days in each interest period on which the 10‑Year CMT Rate (10CMT) is within the Reference Rate Range of 0.00% to 5.20%. If the 10CMT is outside that range on a given accrual day, interest for that day accrues at 0.00%. Interest payment dates are the 20th of February, May, August and November, beginning August 20, 2026. The issuer may redeem the notes in whole on any call date beginning May 20, 2029 through February 20, 2036 for 100% of principal plus accrued interest. The preliminary initial estimated value range is $940.00 to $980.00 per $1,000 principal; public offering price is $1,000 per note and selling compensation includes a $15.00 sales commission and a $2.50 structuring fee per note.
BofA Finance LLC priced $465,000 of Contingent Income Issuer Callable Yield Notes due May 13, 2031, fully and unconditionally guaranteed by Bank of America Corporation. The notes pay a contingent coupon of 10.70% per annum (2.675% quarterly) when each underlying’s Observation Value is at least 60.00% of its Starting Value, are callable quarterly beginning November 13, 2026, and at maturity expose investors to 1:1 downside on the Least Performing Underlying if that underlying declines more than 40.00% from its Starting Value. Payments are subject to the credit risk of the Issuer and Guarantor; the notes will not be listed.
BofA Finance LLC priced $1,351,000 of Auto-Callable Notes linked to the S&P 500® Futures 35% Volatility Compass TCA 6% Decrement Index ER. The Notes priced on May 8, 2026 and will issue on May 13, 2026, with an approximate six-year term and maturity on May 13, 2032. Payments depend on the Index performance and feature quarterly automatic callability beginning May 11, 2027 at predetermined Call Amounts. If not called, the Redemption Amount at maturity is $2,620 per $1,000 if the Ending Value is at or above the Redemption Barrier; full principal is preserved for Ending Values between the Redemption Barrier and the 50% Threshold; below the Threshold investors face 1:1 downside to the Index with up to 100% principal loss. All payments are subject to BofA Finance and Bank of America Corporation credit risk. No periodic interest; notes will not be listed.
BofA Finance LLC priced $3,165,000 of Contingent Income Auto-Callable Yield Notes linked to the least performing of the Russell 2000®, the S&P 500® and the iShares® Silver Trust. The Notes priced on May 11, 2026, issue on May 14, 2026, have an approximate five-year term and mature on May 15, 2031.
The Notes pay a 12.10% contingent coupon per annum ( 3.025% quarterly) when each Underlying on an Observation Date is at or above 50.00% of its Starting Value. Beginning with the November 11, 2026 Call Observation Date the Notes are automatically callable quarterly if each Underlying is at or above its Call Value (100% of Starting Value). At maturity, if the Least Performing Underlying is below its Threshold Value (50% of Starting Value), holders suffer 1:1 downside to the Least Performing Underlying, with up to 100.00% principal loss.
BofA Finance LLC priced an offering of Auto-Callable Notes fully and unconditionally guaranteed by Bank of America Corporation linked to the least performing of JD.com ADS, NVIDIA common stock and Boeing common stock, with aggregate principal of $1,202,000. The Notes priced on May 8, 2026, will issue on May 13, 2026 and mature on May 11, 2029, with an approximate three‑year term if not called earlier.
The Notes are automatically callable beginning with the August 10, 2026 Call Observation Date if each Underlying Stock meets its Call Value on the same or prior Call Observation Dates; specified Call Amounts per $1,000 range from $1,096.252 (Aug 10, 2026) up to $2,122.940 (Apr 9, 2029). If not called, investors receive full principal at maturity only if the Ending Value of the Least Performing Underlying Stock is ≥ 60.00% of its Starting Value; otherwise investors suffer 1:1 downside exposure, up to a 100% loss. The initial estimated value was $981.30 per $1,000 principal, below the public offering price of $1,000.00.
BofA Finance LLC is offering issuer‑callable Contingent Coupon Barrier Notes linked to the worst‑performing of the Nasdaq‑100, the S&P 500 and the Russell 2000, due May 15, 2028. The offering totals $850,000 (85,000 units at $10.00 per unit).
Each unit pays a quarterly Contingent Coupon Payment of $0.2875 (approximately 11.50% per annum) only if the worst‑performing index on a Coupon Observation Date is at or above its Coupon Barrier (75% of its Starting Value). If not called, at maturity holders receive principal plus the final contingent coupon only if the worst index is at or above the Threshold Value; otherwise holders suffer 1:1 downside to the worst index, risking up to full principal. Payments are subject to the issuer’s and guarantor’s credit risk and limited secondary market liquidity.
BofA Finance LLC priced a $2,674,000 offering of Auto-Callable Notes fully and unconditionally guaranteed by Bank of America Corporation. The Notes, linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the S&P 500® Index, priced on May 8, 2026 and will issue on May 15, 2026.
The Notes have an approximate six-year term to maturity on May 13, 2032, are automatically callable beginning with the May 19, 2027 Call Observation Date if each Underlying meets its Call Value, and pay no periodic interest. If not called, maturity payoffs depend on the Least Performing Underlying: $1,600 per $1,000 if the Ending Value is at or above the 85% Redemption Barrier; $1,000 if between 75% and 85%; otherwise 1:1 downside exposure with up to 100% principal at risk. The initial estimated value was $984.30 per $1,000 principal, below the public offering price.
Bank of America (BAC) is offering Buffered Digital Return 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 are an approximately 13-month primary offering expected to price on May 15, 2026, issue on May 20, 2026 and mature on June 21, 2027. The public offering price is $1,000.00 per $1,000 principal with an underwriting discount of $6.50 and proceeds to BofA Finance of $993.50 per $1,000. If each Underlying’s Ending Value is ≥85% of its Starting Value, holders receive a digital payment of $1,126.50 per $1,000 at maturity; if the Least Performing Underlying falls below 85% of its Starting Value, investors bear 1:1 downside beyond the 15% buffer (up to 85% of principal at risk). The initial estimated value range on the pricing date is $940.00–$990.00 per $1,000. All payments are subject to the credit risk of BofA Finance LLC and Bank of America Corporation.
BofA Finance LLC priced and will issue Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the State Street Technology Select Sector SPDR ETF. The offering totals $970,000 and has an approximate five-year term ending on May 13, 2031, subject to monthly issuer calls beginning November 13, 2026. The Notes pay a contingent coupon of 10.50% per annum (0.875% per month) when each underlying is at or above 65.00% of its starting value on an Observation Date; otherwise no coupon is paid. If not called, principal is payable at maturity unless the Least Performing Underlying has declined more than 35% from its Starting Value, in which case holders suffer 1:1 downside exposure to that Underlying. All payments are subject to the credit risk of BofA Finance and guarantor Bank of America Corporation.
The issuer BofA Finance LLC is offering $3,893,000 of Contingent Income Issuer Callable Yield Notes, due May 11, 2029, fully and unconditionally guaranteed by Bank of America Corporation (BAC). The Notes price on May 8, 2026 and issue on May 13, 2026. They have an approximate three‑year term if not called and pay a contingent coupon of 10.85% per annum (0.9042% per month) on each monthly observation date only if the closing level of each underlying index is at or above its 75.00% Coupon Barrier. Beginning May 13, 2027, the Issuer may call the Notes monthly at the Early Redemption Amount. At maturity, if the Ending Value of the Least Performing Underlying is below its 70.00% Threshold Value, principal is exposed 1:1 to losses in that Least Performing Underlying; otherwise principal is repaid.
BofA Finance LLC priced $1,177,000 of Auto-Callable Notes due May 11, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The notes, linked to the least performing of COF, EQT and ISRG, priced on May 8, 2026 and will issue on May 13, 2026. They have an approximate three‑year term if not called and pay no periodic interest.
Beginning with the August 10, 2026 Call Observation Date the notes are automatically callable monthly if each Underlying Stock meets its Call Value on that or any prior Call Observation Date. If not called, holders receive full principal at maturity only if the least performing stock’s Ending Value is at least 60% of its Starting Value; otherwise holders suffer 1:1 downside to the least performer, with up to 100% principal loss. The initial estimated value was $972.80 per $1,000 principal; public offering price is $1,000.00 per note.
BofA Finance LLC priced a primary offering of Contingent Income Auto-Callable Yield Notes linked to the common stock of EQT Corporation with total principal of $1,959,000. The Notes priced on May 8, 2026, will issue on May 13, 2026, carry a contingent coupon of 11.25% per annum (2.8125% quarterly) and mature on May 11, 2028. Payments depend on the Observation Value of EQT stock versus a Starting Value of $55.96. Beginning with the November 9, 2026 Call Observation Date the Notes are automatically callable if EQT’s Observation Value is at least 100.00% of the Starting Value; if not called and the Ending Value is below the Threshold Value $33.58 (60.00% of Starting Value), holders face 1:1 downside exposure to EQT share declines at maturity. The initial estimated value on the pricing date was $978.20 per $1,000, below the public offering price. All payments are subject to the credit risk of BofA Finance (Issuer) and Bank of America Corporation (Guarantor).
BofA Finance LLC priced a preliminary Auto-Callable Notes offering linked to the least performing of the MSCI Emerging Markets Index, the TOPIX® Index and the iShares® Russell 2000 Value ETF, subject to completion. The Notes have an expected pricing date of May 15, 2026 and expected issue date of May 20, 2026, with an approximately five-year term if not called prior to maturity.
The Notes are offered at $1,000.00 per note with an underwriting discount of $4.00 and proceeds to BofA Finance of $996.00 per note. The initial estimated value range on the cover is $940.00 to $990.00 per $1,000.00 note. The Notes are unsecured senior debt of the issuer and are fully and unconditionally guaranteed by Bank of America Corporation; payments depend on issuer and guarantor credit and on the performance of the Underlyings.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes fully guaranteed by Bank of America Corporation, linked to the least performing of the VanEck Semiconductor ETF (SMH) and the iShares Expanded Tech-Software Sector ETF (IGV). The Notes are expected to price on May 26, 2026, issue on May 29, 2026, and mature on June 1, 2029, representing an approximately three-year term if not called earlier. The Notes pay a contingent monthly coupon of 1.2292% (a stated 14.75% per annum) per $1,000 principal when each Underlying’s Observation Value is >= 70.00% of its Starting Value. Beginning with the November 27, 2026 Call Observation Date the Notes are automatically callable quarterly if each Underlying is >= 100.00% of its Starting Value; an automatic call pays principal plus the applicable contingent coupon. If not called, holders face 1:1 downside to declines in the Least Performing Underlying below a 60.00% Threshold, risking up to 100% principal loss. The public offering price is $1,000 per Note, with proceeds to the issuer of $970 per $1,000 and an initial estimated value range of $900–$950 per $1,000 as of the pricing date.
BofA Finance LLC is offering $6,144,000 of Trigger Autocallable Notes linked to the S&P 500® Index due May 11, 2028, fully and unconditionally guaranteed by Bank of America Corporation (BAC). The $10-per-note securities pay no interest, may be automatically called on quarterly Observation Dates beginning May 17, 2027, and offer a fixed Call Return Rate of 9.30% per annum. If not called, repayment at maturity depends on the Final Observation Date level of the Underlying relative to the Initial Value and a Downside Threshold equal to 75% of the Initial Value. Investors may lose a substantial portion or all of principal, will not receive dividends from SPX constituents, and payments are subject to the issuer’s and guarantor’s credit risk.
BofA Finance LLC is offering market-linked, auto-callable medium-term notes due May 25, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The securities pay monthly contingent coupons (rate at least 24.00% per annum) if the lowest-performing underlying stock meets a 60% Coupon Barrier on each Calculation Day. The notes are linked to the lowest performing of BLK, INTC and MSFT, carry full downside exposure if the Lowest Performing Underlying Stock falls below a 60% Threshold Price at maturity, and may be automatically called beginning November 2026. The public offering price is $1,000.00 per security; estimated initial value range is $896.75 to $966.75 per security.
BofA Finance LLC priced $4,155,000 of Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to The Clorox Company common stock. The Notes priced on May 8, 2026 and will issue on May 13, 2026, mature on May 11, 2028, and pay contingent quarterly coupons when the Underlying Stock's Observation Value is ≥ 65.00% of a Starting Value of $92.16. Beginning with the November 9, 2026 Call Observation Date, the Notes are automatically callable if the Observation Value is ≥ 100.00% of the Starting Value; an automatic call pays principal plus the applicable contingent coupon. If not called, holders face 1:1 downside exposure below a 35.00% drop (Threshold Value $59.90) at maturity and may lose up to 100% of principal. Payments depend on the creditworthiness of BofA Finance and Bank of America Corporation (guarantor).
BofA Finance LLC proposes Auto-Callable Notes linked to the least performing of the Russell 2000® and the S&P 500®, expected to price on May 18, 2026 and issue on May 21, 2026. The Notes have an approximately five-year term to May 22, 2031 and do not pay periodic interest.
If not called, the Notes pay $1,650.00 per $1,000.00 principal if both indices finish at or above their starting values. If the least performing underlying finishes between 70.00% and 100.00% of its Starting Value, holders receive par. If it falls more than 30.00%, holders suffer 1:1 downside exposure, risking up to 100% of principal. Payments are subject to the credit risk of BofA Finance and Bank of America Corporation.
BofA Finance LLC priced a $2,342,000 public offering of Contingent Income Auto-Callable Yield Notes due May 13, 2032, fully and unconditionally guaranteed by Bank of America Corporation. The Notes have an approximate six-year term, a contingent coupon of 18.50% per annum (1.5417% monthly) payable only if the Underlying meets the Coupon Barrier on monthly Observation Dates, and are automatically callable beginning November 9, 2026 if the Underlying is at or above its Call Value.
The Notes are linked to the S&P 500® Futures 35% Volatility Compass TCA 6% Decrement Index ER (Starting Value 1,141.24). If not called and the Ending Value is below the Threshold Value (50.00% of Starting Value), holders face 1:1 downside exposure (up to 100% principal loss). Initial estimated value at pricing was $958.90 per $1,000 principal; public offering price was $1,000 per note.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes linked to the least performing of Amazon (AMZN), Apple (AAPL) and Morgan Stanley (MS), with an approximate three-year term and expected issue on May 20, 2026. The notes pay a quarterly contingent coupon (range 12.50%–13.20% per annum stated as [12.50% and 13.20%]) if each underlying is at or above 55.00% of its starting value on Observation Dates. The notes are automatically callable beginning on the August 17, 2026 Call Observation Date if each underlying is at or above 100.00% of its starting value, in which case holders receive principal plus the applicable contingent coupon. If not called, at maturity the principal is repaid in full unless the least performing underlying falls below its 55.00% Threshold Value, in which case investors are exposed 1:1 to declines (up to 100% principal loss). The public offering price is $1,000.00 per note; proceeds to issuer are $980.00 per note and the initial estimated value range is $920.00–$970.00 per $1,000.00. All payments are subject to the credit risk of BofA Finance and Bank of America Corporation.
BofA Finance LLC offers Auto-Callable Notes due May 22, 2031, fully and unconditionally guaranteed by Bank of America Corporation. The Notes link to the least performing of the EURO STOXX 50® Index and the Russell 2000® Index, have an approximate five-year term, and are expected to price on May 19, 2026 and issue on May 22, 2026.
The Notes are automatically callable beginning on the February 19, 2027 Call Observation Date if both Underlyings meet or exceed their Call Values; quarterly Call Amounts range from $1,090 to $1,570 per $1,000 principal. If not called, maturity payoffs depend on the Least Performing Underlying: investors can receive $1,600 per $1,000 if the Ending Value is at or above 100.00%, the principal ($1,000) if the Ending Value is ≥ 75.00%, or suffer 1:1 downside exposure below that threshold, with up to 100.00% principal loss.
BofA Finance LLC is offering Auto-Callable Notes linked to the S&P 500® Futures Excess Return Index with an approximate five-year term and an expected pricing date of May 14, 2026 and issue date of May 19, 2026. The Notes pay no periodic interest and are automatically callable beginning with the May 21, 2027 Call Observation Date if the Observation Value of the Underlying is at least 100.00% of its Starting Value; applicable Call Amounts range from $1,130 to $1,585 per $1,000.00 principal on scheduled call dates. If not called, at maturity on May 19, 2031 the Redemption Amount per $1,000.00 will be $1,650.00 if the Ending Value is at or above the Redemption Barrier, $1,000.00 if the Ending Value is at or above 70.00% of the Starting Value, and otherwise will decline on a 1:1 basis with the Underlying (down to $0.00).
Price and credit: Public offering price is $1,000.00 per note (proceeds to issuer approximately $996.00 per $1,000.00 after underwriting discount); the initial estimated value range on the cover is $940.00 to $990.00 per $1,000.00. All payments are subject to the credit risk of BofA Finance LLC (Issuer) and Bank of America Corporation (Guarantor).
Bank of America Corporation is offering Contingent Income Auto-Callable Yield Notes through BofA Finance LLC in an aggregate principal amount of $2,879,000. The notes priced on May 8, 2026, will issue on May 13, 2026, and have an approximately 15-month term if not automatically called.
The notes pay a contingent monthly coupon of 1.0584% (12.70% per annum) when each underlying index is at or above 65.00% of its starting value on an Observation Date. They are auto-callable beginning with the November 9, 2026 Call Observation Date if all three underlyings are at or above their starting values; principal is at risk 1:1 at maturity if a Knock-In Event occurs and the least performing underlying finishes below its starting value.
BofA Finance LLC priced $1,691,000 of Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the S&P 500® Futures 35% Volatility Compass TCA 6% Decrement Index ER. The Notes priced on May 8, 2026, will issue on May 13, 2026, and mature on May 13, 2031 (approximately a five-year term unless automatically called). Coupons are contingent and paid monthly only if the Underlying’s Observation Value is ≥ 60.00% of the Starting Value; the Notes are auto-callable beginning with the May 10, 2027 Call Observation Date if the Underlying is ≥ 100.00% of the Starting Value on a Call Observation Date. Principal is at risk: if the Ending Value is more than 50.00% below the Starting Value, holders face 1:1 downside exposure.
All payments are subject to the credit risk of BofA Finance (Issuer) and Bank of America Corporation (Guarantor). The Notes are not exchange-listed; the initial estimated value was $964.50 per $1,000 principal, below the public offering price.
BofA Finance LLC is offering 521,547 units of Capped Leveraged Index Return Notes linked to the S&P 500® with a $10.00 principal amount per unit. The notes mature on May 26, 2028 and provide 200% participation in positive Index performance up to a Capped Value of $11.96 per unit (a 19.60% capped return). The Starting Value for the Index was 7,337.11 and the Threshold Value is 6,603.40 (90.00% of the Starting Value). If the Ending Value is at or above the Starting Value, holders receive a leveraged, capped return; if the Ending Value is below the Threshold Value, holders suffer principal loss proportionate to the Index decline. Payments occur at maturity and are subject to the credit risk of BofA Finance (issuer) and Bank of America Corporation (guarantor). The public offering price was $10.00 per unit (total $5,215,470.00), the underwriting discount was $0.20 per unit and a hedging-related charge of $0.05 per unit reduced the notes' initial estimated value of $9.782 per unit.
The Issuer BofA Finance LLC priced a $200,000 offering of Buffered Auto-Callable Notes, fully and unconditionally guaranteed by Bank of America Corporation (BAC). The Notes, linked to the least performing of the XME and GDX ETFs, priced on May 7, 2026 and will issue on May 12, 2026. They have an approximate five-year term and are automatically callable monthly beginning with the May 13, 2027 Call Observation Date if each Underlying equals or exceeds its Call Value. If not called, redemption outcomes at maturity range from a fixed $1,800.04 per $1,000 (if both Underlyings meet the Redemption Barrier) to 1:1 downside exposure below a 15% buffer (up to 85% principal at risk), with no periodic interest. Initial estimated value on the pricing date was $945.20 per $1,000; public offering price was $1,000 per $1,000.
BofA Finance LLC priced a preliminary offering of Contingent Income Auto-Callable Yield Notes due May 20, 2031, fully guaranteed by Bank of America Corporation (BAC), linked to the least performing of the Nasdaq-100®, Russell 2000® and S&P 500® indices.
The notes have an approximate 5 year term if not called, a contingent coupon of 7.00% per annum (1.75% quarterly) payable only when each underlying is at or above 70.00% of its Starting Value on an Observation Date. Beginning May 17, 2027 the notes are automatically callable quarterly if each underlying is at or above 100.00% of its Starting Value on a Call Observation Date. The cover page shows an initial estimated value range of $900 to $950 per $1,000 principal amount and a public offering price of $1,000 per note (underwriting discount $41.25, net proceeds to issuer $958.75). Payments depend on the creditworthiness of the Issuer and Guarantor; downside exposure is 1:1 to declines in the Least Performing Underlying below the 70.00% Threshold Value at maturity.
The offering describes BofA Finance LLC Autocallable Participation Notes linked to the S&P 500® Index, 475,000 units at a $10 principal amount per unit, with pricing May 7, 2026, settlement May 14, 2026 and scheduled maturity May 14, 2029. The notes pay no periodic interest, carry a Call Premium of $1.00 (10.00% return) if the Observation Value on the Call Observation Date (approximately May 14, 2027) is ≥ the Call Value. If not called, at maturity holders receive 1-to-1 upside above the Starting Value and, for declines limited to 23.50%, a positive return equal to the absolute decline; declines greater than the 23.50% Threshold result in 1-to-1 downside with up to full principal loss. Payments are subject to issuer and guarantor credit risk of BofA Finance and Bank of America Corporation. The initial estimated value on the pricing date was $9.761 per unit and the public offering price is $10.00 per unit.
BofA Finance LLC is offering 805,000 Autocallable Leveraged Index Return Notes® linked to Tesla, Inc. common stock due May 15, 2028. The notes pay no periodic interest, are fully guaranteed by Bank of America Corporation, and may be automatically called on seven quarterly Call Observation Dates beginning August 7, 2026.
If not called, at maturity the notes provide 150.00% participation in upside above the Starting Value ($411.79) but offer only an absolute-value partial protection for declines down to a Threshold Value of $267.66 (65.00% of Starting Value); declines beyond that level expose investors to 1-to-1 downside (up to 100% principal at risk). The public offering price is $10.00 per unit, the issuer proceeds before expenses are $9.825 per unit, and the initial estimated value on the pricing date was $9.791 per unit. All payments depend on the creditworthiness of the issuer and guarantor and there is limited expected secondary-market liquidity.
BofA Finance LLC priced $1,925,000 of Contingent Income Auto-Callable Yield Notes due May 12, 2031, linked to the least performing of the Nasdaq-100® Technology Sector Index and the VanEck® Gold Miners ETF. The Notes priced on May 7, 2026 and will issue on May 12, 2026.
The Notes pay a contingent coupon of 13.50% per annum (1.125% monthly) when each underlying is at or above a Coupon Barrier of 70.00% of its Starting Value. Beginning with the May 7, 2027 Call Observation Date, the Notes are automatically callable quarterly if each underlying is at or above 100.00% of its Starting Value. If not called, a Threshold of 60.00% applies at maturity and the principal is exposed 1:1 to declines of the Least Performing Underlying. The initial estimated value was $942.80 per $1,000 principal; public offering price is $1,000.00 per note.
BofA Finance LLC is offering Issuer Callable Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index with an approximate five-year term if not called. The notes are expected to price on May 26, 2026, issue on May 29, 2026, and mature on May 30, 2031. The notes pay no periodic interest; at maturity, if the Ending Value of the Underlying is greater than or equal to 100% of its Starting Value you would receive 120.00% upside participation in increases of the Underlying, otherwise you receive the principal amount. Beginning on June 7, 2027, the issuer may call the notes monthly at specified Call Amounts (first listed call amount: $1,111.00 per $1,000). The public offering price is $1,000.00 per note, with an underwriting discount of $47.50 and proceeds to BofA Finance of $952.50 per $1,000.00. All payments are subject to the credit risk of BofA Finance (issuer) and Bank of America Corporation (guarantor). This is a preliminary pricing supplement and final terms (including the initial estimated value and any final adjustments) will be set forth in the final pricing supplement.
BofA Finance LLC prices contingent income auto-callable yield notes linked to the least performing of Meta Platforms, Inc. (META) and Amazon.com, Inc. (AMZN). The notes are expected to price on May 21, 2026, issue on May 27, 2026, and mature on May 24, 2029. They pay monthly contingent coupons only if each underlying’s Observation Value is at least 65.00% of its Starting Value, are auto-callable beginning with the November 23, 2026 Call Observation Date if each underlying is at least 95.00% of its Starting Value, and expose holders to 1:1 downside at maturity if the Least Performing Underlying declines more than 35% from its Starting Value. The public offering price is $1,000.00 per note (underwriting discount up to $27.50, proceeds to issuer $972.50 per $1,000), and the initial estimated value range at pricing is $882.50–$952.50 per $1,000.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes due May 15, 2031, fully and unconditionally guaranteed by Bank of America Corporation. The Notes are linked to the least performing of four underlyings and have an approximate five-year term, callable monthly beginning August 17, 2026.
The Notes pay a contingent coupon of 11.30% per annum (0.9417% monthly) when each underlying’s Observation Value is at or above 70.00% of its Starting Value. If any underlying’s Ending Value is more than 40.00% below its Starting Value at maturity, investors suffer 1:1 downside on the Least Performing Underlying (up to 100% principal loss). Public offering price is $1,000.00 per Note with proceeds to issuer of $993.00 per Note; initial estimated value range at pricing date: $940.00–$990.00.
BofA Finance LLC priced a preliminary offering of Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the common stock of Salesforce, Inc. The Notes have an approximate three-year term, expected to price on May 26, 2026, issue on May 29, 2026, and mature on June 1, 2029. Payments depend on monthly Observation Dates versus a Coupon Barrier of 50.00% and a Call Value of 100.00%. Contingent monthly coupons accrue by a memory formula using a per-period figure of $9.609 per $1,000. Beginning with the November 27, 2026 Call Observation Date the Notes are automatically callable if the Observation Value is at least the Call Value; if called holders receive principal plus the applicable Contingent Coupon Payment. If not called and the Ending Value is below the Threshold Value (50.00% of Starting Value), holders face 1:1 downside exposure at maturity. The public offering price is $1,000 per note with underwriting discount up to $20, resulting in proceeds to BofA Finance of $980 per $1,000. All payments are subject to issuer and guarantor credit risk.
BofA Finance LLC is offering Capped Buffered Return Notes linked to the S&P 500® Index with an approximate 3-year term. The Notes are expected to price on May 14, 2026, issue on May 19, 2026, and mature on May 17, 2029. Each $1,000 principal note pays no periodic interest and at maturity will provide 100% upside participation capped at a $1,290.00 redemption (a 29.00% maximum return) if the Ending Value exceeds the Starting Value. The Notes provide a buffer for the first 20.00% of loss in the Underlying; losses beyond that threshold are borne 1:1 by holders (up to 80.00% of principal at risk). Payments depend on the performance of the S&P 500® Index and on the creditworthiness of the issuer and guarantor.
BofA Finance LLC is offering Auto-Callable Notes linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the iShares® Expanded Tech-Software Sector ETF (IGV), with an approximate 12‑month term if not called. The Notes are expected to price on May 22, 2026, issue on May 28, 2026 and mature on May 27, 2027.
The Notes pay no periodic interest and are automatically callable beginning with the August 24, 2026 Call Observation Date if each Underlying’s Observation Value meets its Call Value; Call Amounts range from $1,037.50 to $1,137.50 per $1,000. If not called, redemption depends on the Least Performing Underlying: at or above 90% of Starting Value you receive $1,150; between 60%–90% you receive $1,000; below 60% you incur 1:1 downside exposure.
All payments are subject to the credit risk of BofA Finance LLC and guaranty of Bank of America Corporation. The public offering price is $1,000 per Note; underwriting discount per Note may be up to $27.50, with proceeds to the issuer of $972.50 per Note. The initial estimated value range is $920.00–$970.00 per $1,000.
BofA Finance LLC is offering market‑linked, auto‑callable medium‑term notes guaranteed by Bank of America Corporation that mature on May 25, 2029. The securities pay quarterly Contingent Coupon payments at a rate to be set on the Pricing Date (minimum 15.30% per annum) only if the Lowest Performing Underlying Stock meets its Coupon Barrier (equal to 60.00% of its Starting Price) on each quarterly Calculation Day. The notes are linked to the lowest performing of AMZN, CTAS and NVDA; automatic call can occur on specified Calculation Days beginning November 2026. If not called, principal at maturity is paid only if the Lowest Performing Underlying Stock’s Ending Price is at or above its Threshold Price (equal to 60.00% of its Starting Price); otherwise holders suffer full downside exposure (losses greater than 40.00% possible). Pricing Date is May 22, 2026 and Issue Date is May 28, 2026. Public offering price is $1,000.00 per Security; estimated initial value range is $906.75 to $966.75.
The issuer BofA Finance LLC is offering $4,390,000 of Contingent Income Issuer Callable Yield Notes due February 12, 2029, linked to the least performing of XLV, KRE and IGV. The Notes priced on May 7, 2026 and will issue on May 12, 2026; the term is approximately 2.75 years if not called.
The Notes pay a contingent quarterly coupon of 3.475% (13.90% per annum) ($34.75 per $1,000) when each Underlying’s Observation Value is >= 65.00% of its Starting Value. Beginning November 13, 2026, the issuer may call the Notes quarterly at principal plus any applicable contingent coupon. At maturity, if the Ending Value of the least performing Underlying is below its Threshold Value (60.00% of Starting Value), holders face 1:1 downside exposure to that Underlying (up to 100% principal loss); otherwise holders receive principal and any final contingent coupon.
All payments are subject to the credit risk of BofA Finance LLC and guaranty of Bank of America Corporation. The public offering price is $1,000 per Note (initial estimated value $973.10 per $1,000), with underwriting discount of $18.50 per Note.
BAC is offering $63,250,000 aggregate principal amount of Fixed Rate Callable Notes due June 11, 2027. The notes accrue interest at a fixed rate of 4.20% per annum, pay interest on specified dates, and are callable by the issuer on specified Call Dates beginning November 11, 2026. The public offering price is 100.00% ($1,000 per $1,000 principal), the underwriting discount is 0.05%, and proceeds (before expenses) to BAC are $63,218,375. The notes are senior unsecured obligations, will be delivered in book-entry form through DTC on May 11, 2026, and are not listed on any exchange. Investors are directed to the stated Risk Factors and to consult tax counsel for the U.S. federal income tax treatment.
BofA Finance LLC is offering market-linked, auto-callable medium-term notes fully guaranteed by Bank of America Corporation (BAC) linked to the S&P 500® Index with a term through May 16, 2030. Each Security has a $1,000 principal amount and a public offering price of $1,000.00; proceeds to BofA Finance are $974.25 per Security. The notes may be automatically called on specified Call Dates if the closing level of the Index is greater than or equal to the Starting Value, in which case holders receive the principal plus a fixed Call Premium that increases by at least 7.65% per annum on the scheduled Call Dates. If not called, a 10.00% buffered downside applies: an Ending Value no worse than 10.00% below the Starting Value returns full principal; declines beyond the buffer produce 1-to-1 losses (up to 90.00% of principal).
BofA Finance LLC is offering Autocallable Notes linked to the S&P 500® Index due May 14, 2031. The Notes have a $10.00 stated principal amount per Note, a minimum investment of 100 Notes ($1,000), and a Call Return Rate of at least 8.30% per annum (final rate set on the Trade Date). If the Current Underlying Level is greater than or equal to the Initial Value on any quarterly Observation Date (beginning approximately May 18, 2027), the Notes will be automatically called and pay a Call Price equal to $10.00 plus the applicable Call Return. If not called, the cash payment at maturity equals $10.00 × (1 + Underlying Return) and may be less than the stated principal, including a total loss, depending on the decline in the S&P 500 from the Trade Date to the Final Observation Date. Payments are senior unsecured obligations of BofA Finance and are fully and unconditionally guaranteed by Bank of America Corporation; they remain subject to issuer and guarantor credit risk. Terms (including the Initial Value, actual Call Return Rate, and initial estimated value) will be set on the Trade Date and are subject to completion.
BofA Finance LLC (guaranteed by Bank of America Corporation) is offering non‑interest bearing, market‑linked notes tied to the S&P 500® Index. Each note has a face amount of $1,000. If the Final Underlier Level on the Determination Date is at or above 87.50% of the Initial Underlier Level, holders receive a fixed Threshold Settlement Amount (expected between $1,118.60 and $1,139.50 per $1,000). If the Final Underlier Level is below that threshold, holders are exposed on a leveraged downside (using a Buffer Rate of approximately 114.286%) and may lose some or all principal. The Determination Date is expected to be between 18 and 21 months after the trade date. The notes are unsecured senior debt of BofA Finance, guaranteed by BAC, will not pay interest, and will not be listed on an exchange.
BofA Finance LLC offered preliminary terms for Contingent Income (with Memory Feature) Auto-Callable Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and VanEck Semiconductor ETF. The notes are expected to price on May 18, 2026, issue on May 21, 2026, and mature on August 22, 2030.
Key economic terms: public offering price of $1,000.00 per note, underwriting discount $38.75, proceeds to issuer $961.25 per $1,000. Quarterly contingent coupons pay only if each underlying is at least 70.00% of its starting value; a 60.00% threshold governs principal protection at maturity. Notes are automatically callable beginning on May 18, 2027 and are unsecured senior debt guaranteed by Bank of America Corporation.
BofA Finance LLC priced auto-callable market-linked notes linked to the least performing of XLE, XLI and XLK with an expected pricing date of May 13, 2026 and issue date of May 18, 2026. The Notes have an approximate five-year term and a stated Maturity Date of May 16, 2031. They pay no periodic interest and are automatically callable beginning with the May 19, 2027 Call Observation Date if each Underlying’s Observation Value is >= 95% of its Starting Value. If not called, the Notes pay up to $1,620.00 per $1,000.00 principal if each Underlying’s Ending Value is >= 95% of its Starting Value; otherwise redemption depends on the Least Performing Underlying with 1:1 downside exposure below the Threshold Value, potentially resulting in loss of principal. The public offering price is $1,000.00 per Note with an underwriting discount of $42.50, proceeds to BofA Finance of $957.50 per Note, and an initial estimated value range on the pricing date of $900.00 to $950.00 per Note. All payments are subject to the issuer and guarantor credit risk of BofA Finance LLC and Bank of America Corporation.
BofA Finance LLC is offering Autocallable Contingent Coupon (with Memory) Barrier Notes linked to the common stock of Arm Holdings plc, guaranteed by Bank of America Corporation. The notes have a $10 principal per unit, an expected public offering price of $10.00 per unit and an initial estimated value range at pricing of $9.375 to $9.875 per unit. The notes pay quarterly contingent coupon amounts (with memory) if quarterly observation values meet or exceed a Coupon Barrier of 50% of the Starting Value. The single-period contingent coupon will be set between $0.525 and $0.575 per unit (approximately 21.00% to 23.00% per annum) at the pricing date. The notes are automatically callable if an observation equals or exceeds the Call Value of 100% of the Starting Value. If not called, at maturity holders receive principal plus the final contingent coupon only if the Ending Value is at or above the Threshold Value of 50% of the Starting Value; otherwise holders face 1-to-1 downside exposure to the Underlying Stock with up to 100% principal at risk.
BofA Finance LLC offers autocallable contingent-coupon notes linked to Axon Enterprise, Inc. stock due May, 2027. The notes pay quarterly Contingent Coupon Payments (with Memory) if the Underlying Stock’s Observation Value is at or above 55% of the Starting Value, and are automatically called if the stock equals or exceeds the Starting Value on a Call Observation Date.
If not called, at maturity holders receive principal plus the final contingent coupon if the Ending Value is at least 55% of the Starting Value; otherwise holders have 1-to-1 downside exposure to the stock with up to 100.00% of principal at risk. Payments depend on issuer and guarantor credit risk and there is limited secondary-market liquidity.
The Autocallable Contingent Coupon (with Memory) Barrier Notes are senior unsecured notes issued by BofA Finance LLC, fully guaranteed by Bank of America Corporation. Priced per $10 principal unit, they pay quarterly contingent coupons (with memory) if the basket observation is at or above 80% of the Starting Value, are automatically called if the basket equals or exceeds the Starting Value on a Call Observation Date, and at final maturity return principal plus a final contingent coupon only if the Ending Value is at or above 80%; otherwise holders have 1-to-1 downside exposure to the basket with up to 100% principal at risk.
BofA Finance LLC priced a $2,561,000 offering of Contingent Income Auto-Callable Yield Notes due May 10, 2029, linked to the least performing of the Dow Jones Industrial Average, XLK and XLU. The notes priced on May 7, 2026 and issue on May 11, 2026.
The notes pay a contingent monthly coupon equal to 9.50% per annum ( $7.917 per $1,000) if each underlying on an Observation Date is at or above 75.00% of its Starting Value, and are automatically callable beginning on the November 9, 2026 Call Observation Date if each underlying is at or above its Call Value. If not called, principal at maturity is protected only if the Least Performing Underlying is at or above its 70.00% Threshold; otherwise investors face 1:1 downside to the Least Performing Underlying.
BofA Finance LLC priced $1,105,000 of Contingent Income Issuer Callable Yield Notes due February 12, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The notes have an approximate 2.75 year term if not called, a contingent coupon rate of 15.00% per annum (3.75% per quarter) payable only if each referenced ETF is at or above a 65.00% coupon barrier on observation dates, and are callable quarterly beginning February 11, 2027.
If not called, holders face 1:1 downside to the least performing ETF below a 60.00% threshold with up to 100% principal at risk; otherwise principal is returned. Initial estimated value was $986.30 per $1,000, below the public offering price of $1,000.