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, fully guaranteed by Bank of America Corporation, is offering auto-callable return notes linked to the S&P 500 Futures Excess Return Index, with an expected term of about five years unless called early.
The notes pay no periodic interest and return depends entirely on the index. If the notes are automatically called on the call observation date, investors receive a fixed call amount and the notes terminate. If not called, and the ending index level is at or above the starting level, holders gain 100% of the index’s increase; if the index finishes below the starting level, only principal is repaid at maturity.
The public offering price is $1,000 per note, with an underwriting discount of up to $2.50 and proceeds to BofA Finance of as low as $997.50 per note. The initial estimated value is expected to be between $946.70 and $986.70 per $1,000. Payments are unsecured and subject to the credit risk of BofA Finance and BAC, the notes will not be listed on an exchange, and various structural, market, conflict and tax risks are highlighted.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering auto-callable, market-linked notes tied to the S&P 500 Futures 35% Volatility Compass TCA 6% Decrement Index ER. The notes have an expected seven-year term, $1,000 denominations and no periodic interest.
The notes can be automatically called quarterly starting in March 2027 for preset call amounts if the index is at or above its starting level. If not called, investors can receive up to $2,715 per $1,000 at maturity if the index is at least 75% of its starting level, full principal back between 50% and 75%, and 1:1 downside below 50%, with up to 100% loss of principal. Initial estimated value is between $930 and $990 per $1,000, reflecting fees, hedging costs and BAC’s internal funding rate.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $9,312,000 of senior unsecured “Jump Securities” linked to the worst performing of the Russell 2000® and S&P 500® indices, maturing February 6, 2032, with full principal at risk.
The notes have a 1‑year non‑call period, then semiannual auto‑call dates starting February 10, 2027. If on a determination date both indices are at or above their initial levels (RTY 2,648.499; SPX 6,917.81), they are redeemed for $1,100–$1,550 per $1,000, corresponding to about 10% per annum, and no further payments occur.
If not called, at maturity investors receive $1,600 per $1,000 if both final index values are at least their initial levels, $1,000 if both are at or above 80% downside thresholds (RTY 2,118.799; SPX 5,534.25), and otherwise $1,000 times the worst index performance factor, which can be far below 80% and as low as zero. Investors forgo dividends and any upside beyond the fixed premiums, and all payments depend on the credit of BofA Finance and BAC. The initial estimated value is $964.40 per $1,000, below the issue price due to internal funding and hedging costs.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $3,500,000 of Buffered Digital Return Notes linked to the S&P 500 Index, maturing February 8, 2028.
The notes offer a fixed digital payment of $1,171.50 per $1,000 principal (a 17.15% return) if the S&P 500 ending level is at least 90% of its starting level of 6,917.81. If the index falls more than 10%, principal is exposed 1:1 to further declines, with up to 90% loss of principal.
The notes pay no periodic interest, are unsecured senior obligations of BofA Finance, guaranteed by BAC, and will not be listed on any exchange. The initial estimated value is $991.40 per $1,000, below the $1,000 public offering price, reflecting internal funding and hedging costs. Underwriting discounts total $10,500, with gross proceeds to BofA Finance of $3,489,500 before expenses.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $2,759,000 of Auto-Callable Enhanced Return Notes linked to the Nasdaq-100 Technology Sector Index, the Energy Select Sector SPDR ETF and the SPDR S&P Regional Banking ETF.
The notes have an approximately five-year term and may be automatically called starting February 2027 if each underlying is at or above its starting level, paying preset call amounts up to $1,540 per $1,000. If held to maturity and all underlyings finish at or above their starting values, investors receive 125% of the gain of the worst performer. If the worst underlying finishes between 60% and 100% of its starting value, principal is returned. If it falls below 60%, losses match the decline of the worst underlying, up to a total loss.
The notes pay no interest, are unsecured and unsubordinated, and will not be listed on any exchange. The initial estimated value is $951.80 per $1,000, below the $1,000 public offering price, reflecting fees, funding costs and hedging charges.
BofA Finance LLC is issuing $897,000 of Buffered Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index, maturing February 6, 2032. The notes provide 213.00% upside participation if the index ends above its starting level of 561.30, with no periodic interest.
Principal is protected only down to a 15% decline; below the 85.00% threshold (477.11), investors lose 1% of principal for each 1% additional decline, with up to 85% of principal at risk. The notes are senior unsecured obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation, and were sold at $1,000 per note with an initial estimated value of $976.10.
BofA Finance LLC, guaranteed by Bank of America, is issuing $894,000 of two-year market-linked notes tied to the worst performer of Alphabet Class A, CVS Health and NVIDIA stock. The securities offer a 15.15% per annum contingent coupon, paid monthly only if the lowest-performing stock stays at or above 60% of its starting price.
The notes can be automatically called from May 2026 through January 2028 if the worst-performing stock is at or above its starting price, returning principal plus due coupons. If held to maturity and the worst-performing stock finishes below 50% of its starting price, investors lose more than half, up to all, of principal. The initial estimated value is $975 per $1,000 note versus a $1,000 public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering market-linked, auto-callable notes tied to the S&P 500® Index, maturing in February 2030. These securities pay no interest and do not guarantee a full return of principal.
The notes can be automatically called on specified annual Call Dates if the index closes at or above the Starting Value, paying back principal plus a fixed Call Premium of at least 7.25% per year, up to at least 29.00% by the final Call Date. If not called, investors are protected against index declines up to 10%, but beyond that they lose 1% of principal for each additional 1% drop, for a potential loss of up to 90%. The initial estimated value per $1,000 note is expected between $904.25 and $964.25, below the public offering price of $1,000.
Bank of America’s BofA Finance LLC is offering $825,000 of auto-callable notes due February 8, 2029, fully and unconditionally guaranteed by Bank of America Corporation. The notes are linked to the least performing of the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index.
The notes pay no interest and may be automatically called beginning February 4, 2027 for $1,167.50 per $1,000, or on February 3, 2028 for $1,335.00, if all three indices are at or above their call values. If held to maturity and each index ends at or above its starting value, investors receive $1,502.50 per $1,000.
If any index falls more than 25% below its starting value and the notes are not called, repayment is reduced 1:1 with the decline of the worst-performing index, with up to 100% of principal at risk. The initial estimated value is $986.70 per $1,000, below the public offering price, reflecting internal funding and hedging costs. Payments depend on the credit risk of BofA Finance and BAC, and the notes will not be listed on any exchange.
BofA Finance LLC is offering Contingent Income Auto-Callable Securities due February 16, 2029, linked to Wells Fargo & Company common stock and fully guaranteed by Bank of America Corporation. These principal-at-risk notes can automatically redeem quarterly if Wells Fargo’s price is at or above the initial share price.
Investors may receive a contingent quarterly coupon of at least $25.00 per $1,000 security (at least 2.50% per quarter, 10.00% per annum) only when Wells Fargo’s price is at or above 75% of the initial share price. If the final share price is below this downside threshold, repayment of principal is reduced 1-to-1 and can fall to zero.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering buffered auto-callable notes linked to the least performing of the Russell 2000 Index and the S&P 500 Index, with a public offering price of $1,000.00 per Note and proceeds to the issuer of $969.00 per Note before expenses.
The Notes have an expected five-year term and may be automatically called quarterly starting February 2027 for predefined Call Amounts between $1,070.00 and $1,332.50 per $1,000.00 in principal if both indices are at or above their Call Values. If not called and both indices finish at or above their Starting Values, investors receive $1,350.00 per $1,000.00. If the least performing index ends between 85% and 100% of its Starting Value, principal is returned; below 85%, losses are 1:1 beyond the 15% buffer, with up to 85% of principal at risk.
The Notes pay no interest, are not listed on any exchange, and all payments depend on the credit of BofA Finance and Bank of America. The initial estimated value is expected between $885.50 and $935.50 per $1,000.00, lower than the public offering price, reflecting internal funding rates, underwriting discounts and hedging-related charges.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering market-linked, auto-callable notes maturing in February 2031. Each Security has a $1,000 denomination and pays no interest or dividends.
The notes are linked to the lowest performing of the S&P 500 Index and Nasdaq‑100 Technology Sector Index. If on the February 2027 call date the lowest index is at or above its starting level, the notes are automatically called for principal plus a call premium of at least 11.25%.
If not called, at maturity investors get principal plus 150% of any gain in the lowest index, full principal back if its decline is up to 25%, and a proportional loss beyond that, potentially losing all principal. The public offering price is $1,000 per note, with an initial estimated value between $901.75 and $961.75, and the notes will not be listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Buffered Digital Return Notes linked to the S&P 500® Futures Excess Return Index, targeting an approximate 3-year term to February 23, 2029.
The Notes pay no periodic interest and are issued at $1,000 per Note, with dealer proceeds of $995 before expenses and an initial estimated value expected between $940 and $990. At maturity, if the index ending level is at least 75% of its starting level, holders receive a fixed digital payment of $1,210 per $1,000 principal, a 21% total return. If the index falls more than 25%, repayment is reduced 1:1 beyond that threshold, exposing up to 75% of principal to loss.
The Notes are unsecured senior debt of BofA Finance, fully and unconditionally guaranteed by BAC, and will not be listed on any securities exchange. Pricing reflects BAC’s internal funding rate, underwriting discount of up to $5 per Note, and hedging charges, all of which lower investor economics versus conventional debt. The filing highlights substantial structure, market, credit, futures, and tax risks, including complex behavior of equity index futures and excess return indexing.
Bank of America’s BofA Finance is issuing $1,000,000 of two-year Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Technology Sector Index and S&P 500 Index. The notes pay a contingent coupon of 7.85% per annum (0.6542% monthly) only if on each monthly observation date all three indices are at or above 70% of their starting values. Beginning August 6, 2026, BofA Finance may redeem the notes monthly at $1,000 per note plus any due coupon. If the notes are not called and any index finishes below 50% of its starting value at maturity in February 2028, investors are exposed to 1:1 downside to that worst index and can lose up to their entire principal. The notes are senior unsecured obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation, with an initial estimated value of $985.50 per $1,000, below the $1,000 public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Autocallable Leveraged Index Return Notes linked to an international equity index basket. Each note has a $10 principal amount and a term of about three years if not called early.
The basket combines six major equity indices, with the EURO STOXX 50® at 40%, FTSE® 100 and Nikkei at 20% each, the Swiss Market Index and S&P/ASX 200 at 7.5% each, and the FTSE® China 50 at 5%. The notes are automatically called at $11.00 per unit, a 10% return, if the basket is at or above 100% of its starting value on the observation date about one year after pricing.
If the notes are not called, maturity payment depends on basket performance. Investors receive 220%–240% leveraged upside if the basket ends above its starting value, but take losses one-for-one if it ends below, up to a total loss of principal. There are no interest payments or dividends, and all cash flows depend on the credit of BofA Finance and BAC. The initial estimated value is expected between $9.21 and $9.88 per unit, below the $10 public offering price, reflecting fees and BAC’s internal funding rate.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the Class A common stock of Meta Platforms, Inc., maturing on March 22, 2027.
The notes pay a contingent coupon of 10.85% per annum (0.9042% per month, or $9.042 per $1,000) only when META’s observation value is at least 70% of its starting price. Beginning August 17, 2026, the notes are automatically called if META is at or above 100% of its starting value, returning principal plus the due coupon.
If not called and META has fallen more than 30% at maturity, repayment is reduced 1:1 with the decline, up to a total loss of principal. The initial estimated value is expected between $930 and $980 per $1,000, below the $1,000 public offering price, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America, is issuing $556,000 of Buffered Auto-Callable Enhanced Return Notes linked to the least performing of the MSCI EAFE and MSCI Emerging Markets indexes.
The notes run to February 7, 2030 unless auto-called on February 3, 2027, when investors would receive a call payment of $1,140.50 per $1,000 if both indexes are at or above their starting levels. If the notes are not called, maturity payments depend on the weakest index: investors get 150% of its gain if it is at or above its starting value, full principal back if it is between 75% and 100% of its starting value, and a loss beyond a 25% buffer, up to 75% of principal at risk.
The notes pay no coupons, are unsecured obligations subject to BofA Finance and BAC credit risk, are not exchange-listed, and have an initial estimated value of $981.40 per $1,000, below the public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Buffered Auto-Callable Return Notes linked to the S&P 500® Index, targeting an approximately five-year term unless called earlier. The notes may be automatically called in February 2027 at a call amount of $1,122.00 per $1,000.00 principal if the index is at or above its call value.
If not called, investors receive full upside participation when the index ends at or above its starting level, principal protection down to a 10% decline, and 1:1 downside beyond that, exposing up to 90% of principal to loss. The notes pay no interest, are unsecured senior obligations of BofA Finance guaranteed by BAC, are not exchange-listed, and are expected to have an initial estimated value between $946.50 and $986.50 per $1,000.00, below the public offering price.
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 Index, Russell 2000 Index and SPDR S&P Regional Banking ETF, maturing in February 2028.
The notes pay a contingent coupon of 8.75% per annum (0.7292% per month) only when, on a monthly observation date, each underlying is at or above 70% of its starting value. Beginning August 11, 2026, the issuer may redeem the notes monthly at par plus any due coupon.
If the notes are not called and any underlying finishes below 60% of its starting value at maturity, investors are exposed to 1:1 downside to the least performing underlying, with up to 100% loss of principal. The public offering price is $1,000 per note, with an underwriting discount of $27.50 and proceeds of $972.50 to BofA Finance. The initial estimated value is expected between $910 and $960 per $1,000.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the common stock of Adobe Inc. (ADBE), scheduled to mature on March 18, 2027, with an expected pricing date of February 13, 2026.
The Notes pay a contingent coupon at a rate of 13.50% per annum (1.125% per month), but only if Adobe’s closing price on each monthly Observation Date is at or above 68% of its Starting Value. Beginning with the August 13, 2026 Call Observation Date, the Notes are automatically called if Adobe’s price is at or above 100% of its Starting Value, returning principal plus the applicable coupon.
If the Notes are not called and Adobe’s Ending Value is below the 68% Threshold Value at maturity, investors are exposed to 1:1 downside in the stock and can lose up to their entire principal. The initial estimated value per $1,000 note is expected between $930 and $980, reflecting internal funding, fees and hedging costs. All payments depend on the credit of BofA Finance and Bank of America, and the Notes will not be listed on an exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Autocallable Contingent Coupon (with Memory) Barrier Notes linked to an equally weighted basket of Freeport-McMoRan, MP Materials and Newmont common stocks.
The notes are issued in $10 units with a term of about two years if not called. Investors receive a contingent quarterly coupon only when the basket is at or above 80% of the 100.00 Starting Value. The per-period coupon is set between $0.450 and $0.475 per unit, equivalent to about 18.00%–19.00% per annum, and includes a memory feature that can make up missed coupons later.
The notes are automatically called if, on specified quarterly Call Observation Dates starting about six months after pricing, the basket is at or above 100% of the Starting Value, returning principal plus the applicable coupon and ending further payments. If the notes are not called, and at maturity the basket is at or above 80% of the Starting Value, holders receive principal plus the final coupon. If the basket finishes below 80%, repayment is reduced 1-to-1 with the basket decline, with up to 100% of principal at risk.
The notes are senior unsecured obligations of BofA Finance, guaranteed on a senior unsecured basis by BAC, and are not FDIC insured. The initial estimated value on the pricing date is expected between $9.25 and $9.75 per unit, below the $10.00 public offering price, reflecting BAC’s internal funding rate, hedging costs and an underwriting discount of $0.15 per unit. The notes will not be listed on an exchange and are expected to have limited secondary market liquidity. Concentration in the metals and mining sector adds exposure to commodity prices, regulatory changes and sector-specific volatility.
Bank of America’s BofA Finance is offering Contingent Income Buffered Auto-Callable Yield Notes linked to the Nasdaq-100 Index and Russell 2000 Index, maturing in February 2031. The notes pay a 6.30% per annum contingent coupon (0.525% monthly) only when both indices are at or above 80% of their starting levels on scheduled observation dates.
Beginning in February 2027, the notes are automatically called if both indices are at or above 100% of their starting levels, returning principal plus that month’s coupon. If the notes are not called and the worst-performing index falls more than 15%, principal is reduced 1:1 beyond that buffer, with up to 85% of principal at risk. The notes are unsecured obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation, will not be listed on an exchange, and have an initial estimated value between $900 and $960 per $1,000, below the public offering price.
Bank of America’s BofA Finance unit is issuing $3.822 million of two-year, principal-at-risk structured notes linked to Alphabet (GOOGL) Class A shares and NVIDIA (NVDA) common stock. The notes offer monthly contingent coupons at a 14.30% annual rate only if the worst-performing stock is at or above a set barrier.
The notes can be auto-called from August 2026 to January 2028 if the lowest-performing stock is at or above its starting price, returning principal plus a final coupon. If not called, investors get full principal back at maturity only if the lowest-performing stock is at or above 50% of its starting price; below that level, losses exceed 50% and can reach 100% of principal.
The initial estimated value is $971 per $1,000 note, below the public offering price, and the securities are unsecured obligations of BofA Finance, fully and unconditionally guaranteed by Bank of America Corporation. The notes are not listed on any exchange and are subject to issuer and guarantor credit risk.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering six-year “Jump Securities” that are auto-callable and linked to the worst performing of the EURO STOXX 50, S&P 500 and Russell 2000 indices. Each security has a $1,000 stated principal amount and does not pay periodic interest.
After a one-year non-call period, the notes are automatically redeemed on annual dates if all three indices close at or above their initial levels, paying at least $1,127.50, rising to at least $1,637.50 by year five, corresponding to approximately at least 12.75% per year. If held to 2032 and all indices finish at or above initial levels, investors receive at least $1,765. If any index finishes below its downside threshold of 75% of its initial level, repayment is reduced 1‑for‑1 with the worst index and can fall to zero.
The notes are unsecured senior debt of BofA Finance, guaranteed by BAC, not FDIC-insured, and will not be listed on an exchange. The initial estimated value is between $900 and $950 per $1,000, reflecting internal funding and hedging costs.
Bank of America Corporation is offering senior unsecured Fixed Rate Callable Notes due March 23, 2027. The notes pay a fixed interest rate of 3.85% per annum, with interest paid on May 23, August 23, November 23, 2026, February 23, 2027 and at maturity.
Bank of America may redeem all of the notes at 100% of principal plus accrued interest on August 23, 2026 and on later call dates before maturity, so investors must be prepared for early repayment. The notes are not insured by any government agency and depend entirely on Bank of America’s creditworthiness.
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 Russell 2000 Index, the S&P 500 Index and the State Street Consumer Staples Select Sector SPDR ETF, maturing on August 16, 2027. The notes pay a 10.00% per annum contingent coupon (0.8334% monthly) only if, on each monthly observation date, every underlying is at or above 70% of its starting value. Beginning August 14, 2026, the issuer may redeem the notes monthly at par plus any due contingent coupon, ending all future payments.
If the notes are not called and the least performing underlying finishes below 70% of its starting value at maturity, investors are exposed to 1:1 downside in that underlying and can lose up to 100% of principal. The notes are unsecured obligations of BofA Finance, guaranteed by Bank of America, are not listed on any exchange, and have an initial estimated value of $940–$990 per $1,000, below the $1,000 public offering price.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Issuer Callable Yield Notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indexes. The expected term is about 23 months, with monthly observation dates and payments.
The notes pay a contingent coupon of 11.25% per year (0.9375% per month) only when each index is at or above 70% of its starting level on the relevant observation date. Beginning May 18, 2026, the issuer can redeem the notes monthly at par plus any due coupon.
If the notes are not called and any index finishes below 70% of its starting level at maturity, investors are exposed to 1:1 losses based on the worst-performing index, up to a full loss of principal. The notes are unsecured, not exchange-listed, and their initial estimated value is $930–$980 per $1,000, below the public offering price.
BofA Finance LLC, guaranteed by Bank of America Corporation, is issuing auto-callable notes linked to the worst performer of the TOPIX Index, the iShares MSCI Emerging Markets ETF and the iShares Russell 2000 Value ETF. The notes run to February 6, 2031, unless called earlier.
Each $1,000 note can be automatically called annually from February 8, 2027 for preset call amounts from $1,192 up to $1,768 if all underlyings are at or above their call values. If held to maturity and every underlying finishes at or above its starting level, holders receive $1,960 per $1,000.
If the least-performing underlying ends between 80% and 100% of its starting value, principal is returned; below 80%, repayment falls 1:1 with that decline, up to a total loss. The notes pay no interest, are unsecured, not exchange-listed, and priced at $1,000 with an initial estimated value of $968.10.
Bank of America Corporation is issuing $7,000,000,000 of senior notes under its Medium-Term Notes, Series N program. The deal includes $500,000,000 floating-rate notes due 2032, $2,750,000,000 of 4.456% fixed/floating notes due 2032, and $3,750,000,000 of 5.045% fixed/floating notes due 2037.
The notes are unsecured senior obligations, sold at 100% of principal, with selling agents’ commissions between 0.350% and 0.450%, generating combined proceeds before expenses of $6,971,750,000. Interest switches from fixed to compounded SOFR plus a spread on the fixed/floating tranches, and all series include issuer call options before maturity. The notes are not expected to be listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $3,000,000 of Contingent Income Buffered Issuer Callable Yield Notes linked to the worst performer of the VanEck Gold Miners ETF (GDX) and iShares Silver Trust (SLV), maturing August 6, 2026.
The notes pay a contingent coupon of 18.80% per annum (1.5667% monthly) only if on each observation date both ETFs are at or above 70% of their starting values. Beginning March 6, 2026, BofA may call the notes monthly at par plus any due coupon.
If the notes are not called and either ETF has fallen by more than 30% at maturity, principal is exposed on a leveraged basis beyond that 30% buffer, up to a 100% loss of principal. The initial estimated value is $987 per $1,000 note, below the public offering price, and the notes are unsecured and not exchange‑listed.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, describes the terms and risks of its Leveraged Index Return Notes (LIRNs), which are unsecured senior debt linked to one or more equity indices or exchange-traded funds.
The notes offer leveraged exposure to a specified market measure through a participation rate and, for certain issues, a maximum Capped Value or automatic call feature with predefined Call Premiums. Investors may lose some or all principal, receive no interest, and face limited upside versus direct investment in the underlying indices or funds. The document highlights valuation uncertainty, lack of assured liquidity or listing, and significant credit risk of both issuer and guarantor.
Extensive risk disclosures address market volatility, basket structures, currency movements, trading and hedging conflicts of interest, index and ETF methodology changes, commodity and regulatory risks for commodity-based funds, and complex, uncertain U.S. federal income tax treatment. Proceeds are generally on‑lent within the Bank of America group and may be used in part for hedging related to the notes.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering market-linked, auto-callable securities tied to the Russell 2000 Index that put investors’ principal at risk. These notes pay no interest and do not guarantee full principal repayment at maturity.
The securities may be automatically called on annual Call Dates through February 22, 2030 if the index closes at or above its Starting Value, paying back principal plus a fixed Call Premium that steps up from at least 9.35% in year one to at least 37.40% by the final Call Date. If never called, maturity repayment depends on the final index level: investors are protected against the first 10% decline, but beyond that they lose 1% of principal for each 1% additional drop, up to a 90% loss.
The initial estimated value per $1,000 security is expected to be $904.25–$964.25, below the public offering price because of hedging costs, dealer compensation and the issuer’s internal funding rate. The notes are unsecured senior obligations of BofA Finance, guaranteed by BAC, and are not FDIC insured or exchange-listed, so liquidity and market value will depend on dealer markets and BAC’s perceived credit quality.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering issuer callable yield notes linked to the Market Guard Top 100 Index, the Nasdaq‑100 Index and the S&P 500 Index. The notes have an approximate 12‑month term, a fixed coupon of 9.00% per annum (0.75% monthly), and are issued in $1,000 denominations.
Beginning September 1, 2026, the issuer can redeem the notes monthly at $1,000 plus the coupon, limiting how long investors may receive interest. If the notes are not called and the least performing index falls more than 30% from its starting level, principal is exposed to 1:1 downside, up to a total loss. The initial estimated value is expected between $950.10 and $990.10 per $1,000, below the $1,000 public offering price, reflecting fees and hedging costs.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the least performing of Meta (META), Marvell (MRVL) and Tesla (TSLA), maturing on February 13, 2031.
The notes pay a 10.40% per annum contingent coupon (0.8667% monthly, or $8.667 per $1,000 note) only when each stock is at or above 75% of its starting value on an observation date. Starting February 2027, the notes are automatically called, at par plus the coupon, if all three stocks are at or above 100% of their starting values on any call observation date.
If never called, investors receive the $1,000 principal at maturity and a final coupon only if each stock is at or above its 75% barrier. The public offering price is $1,000 per note, with an underwriting discount of $11.25 and proceeds of $988.75 to BofA Finance. The initial estimated value is expected between $920 and $970 per $1,000 note. All payments depend on the credit of BofA Finance and BAC, and the notes will not be listed on any exchange.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Contingent Income Auto-Callable Yield Notes linked to the worst performer of Meta (META), Marvell (MRVL) and Tesla (TSLA). The notes have an approximate 5-year term, expected to run from a February 12, 2026 issue date to a February 13, 2031 maturity date, unless called earlier.
Investors may receive a 7.90% per annum contingent coupon, or $6.584 per $1,000 each month, but only if on the relevant observation date each stock is at or above 75% of its starting value. Beginning with the February 9, 2027 call observation date, the notes are automatically called if all three stocks are at or above 100% of their starting values, paying back principal plus that month’s coupon.
If the notes are never called and all three stocks stay at or above the 75% barrier on the final observation date, holders receive principal plus the final contingent coupon; otherwise they receive only principal. The public offering price is $1,000 per note, with underwriting discounts up to $36.25 and issuer proceeds of $963.75 per $1,000. The initial estimated value is between $900 and $950 per $1,000, and all payments depend on the credit of BofA Finance and BAC.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Buffered Auto-Callable Return Notes linked to the Market Guard Top 100 Index, with an expected term of about two years and no periodic interest payments.
The notes can be automatically called after roughly one year for a call amount of $1,095 per $1,000 if the index is at or above its starting level on the call observation date. If not called and held to maturity, investors get full upside exposure to index gains, principal protection down to a 20% decline, and then 1:1 losses beyond that, with up to 80% of principal at risk. The initial estimated value, between $948.60 and $988.60 per $1,000, is lower than the $1,000 public offering price, and all payments depend on the credit of BofA Finance and BAC. The notes are not listed on any exchange.
BofA Finance LLC is offering $315,000 of Contingent Income Issuer Callable Yield Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by Bank of America Corporation.
The notes have an approximate 5-year term, pay a 7.30% per annum contingent coupon (0.6084% monthly) only when the S&P 500 closing level on an observation date is at or above 70% of its starting value, and are callable quarterly at the issuer’s option starting May 7, 2026 at par plus any due coupon.
If not called and the index ends below 70% of its starting value at maturity, principal is exposed 1:1 to the decline, with up to 100% loss of invested amount; otherwise, investors receive principal back plus any final contingent coupon. The initial estimated value is $978.70 per $1,000, below the public offering price, and all payments depend on the credit risk of BofA Finance and BAC.
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, Russell 2000 and S&P 500 indices. The notes have an approximate three-year term, pricing on February 24, 2026 and maturing on March 1, 2029, unless called earlier.
The notes pay a contingent coupon of 7.50% per year (0.625% monthly) only if on each observation date all three indices close at or above 70% of their starting level. Beginning August 27, 2026, BofA Finance may redeem the notes monthly at par plus any due coupon, which would stop future payments.
If the notes are not called and any index finishes below 70% of its starting value at maturity, repayment is reduced 1:1 with the decline of the worst-performing index, up to a total loss of principal. The public offering price is $1,000 per note, with an underwriting discount of $26.50 and initial estimated value between $878 and $928 per $1,000, reflecting internal funding and hedging costs. All payments depend on the credit of BofA Finance and Bank of America.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering auto-callable market-linked Notes tied to the worst performer of the Russell 2000 Index, the Energy Select Sector SPDR ETF (XLE) and the Utilities Select Sector SPDR Fund (XLU), maturing in February 2031.
The Notes pay no interest and can be called semi-annually starting February 2027 for preset Call Amounts between $1,162.50 and $1,731.25 per $1,000 if all three underlyings are at or above their respective Call Values.
If not called, and each underlying finishes at or above 90% of its starting value, holders receive $1,812.50 per $1,000 at maturity. If the least-performing underlying closes below 70% of its starting value, principal is reduced 1:1 with that decline, up to a total loss.
The initial estimated value is expected between $930 and $980 per $1,000, below the $1,000 public offering price, and the Notes will not be listed on any exchange. All payments depend on the credit of BofA Finance and Bank of America.
Bank of America Corporation is offering senior unsecured Fixed Rate Callable Notes due February 10, 2031 under an effective shelf registration. The notes pay a fixed interest rate of 4.35% per annum, with interest paid semi-annually on February 10 and August 10, starting February 10, 2026.
Bank of America may redeem all of the notes at 100% of principal plus accrued interest on February 10, 2028, which could limit the total interest you receive. The notes are issued in $1,000 minimum denominations, are not FDIC insured, and depend entirely on Bank of America’s credit. They will not be listed on any exchange, and liquidity in any secondary market may be limited.
Bank of America Corporation is offering senior unsecured Fixed Rate Callable Notes due February 25, 2041. The notes pay fixed interest of 5.15% per annum, with semiannual payments on February 25 and August 25, starting August 25, 2026. The public offering price is 100% of principal, including a 2.00% underwriting discount, so proceeds to BAC are 98% of principal before expenses. BAC may redeem all of the notes at 100% of principal plus accrued interest on August 25, 2028 and on each subsequent Call Date through August 25, 2040. The notes are subject to BAC’s credit risk, will not be listed on any exchange, and may include a hedging-related charge of up to $20.00 per $1,000 in principal, which can reduce secondary market value. The notes are not insured by any governmental agency and are restricted from retail investors in the EEA and the United Kingdom.
Bank of America Corporation is offering senior unsecured Fixed Rate Callable Notes due February 23, 2029. The notes pay a fixed interest rate of 4.05% per annum, with interest paid monthly on the 23rd of each month, starting March 23, 2026.
The notes are issued in minimum denominations of $1,000 and multiples of $1,000, at a public offering price of 100% of principal. Underwriting discount is 0.50%, so proceeds to BAC before expenses are 99.50% of principal, and a hedging-related charge of up to $5 per $1,000 may be included.
BAC may redeem all of the notes at 100% of principal plus accrued interest on February 23, 2027 and on each monthly Call Date thereafter through January 23, 2029. The notes are not listed, have no holder put right, are subject to BAC’s credit risk, and may have limited or no secondary market.
BofA Finance LLC is offering Accelerated Return Notes linked to the SPDR S&P Regional Banking ETF (KRE), fully and unconditionally guaranteed by Bank of America Corporation. Each note has a $10 principal amount, a term of about 14 months, and no periodic interest.
The notes provide 3x leveraged upside to ETF gains, capped at a return of 25.00%–29.00%, and 1-to-1 downside exposure so you can lose all principal if the ETF falls. Initial estimated value is $9.23–$9.89 per unit, below the $10 issue price, reflecting BAC’s internal funding rate, a $0.175 underwriting discount and a $0.05 per-unit hedging-related charge, plus limited secondary market liquidity and full issuer and guarantor credit risk.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering Trigger Autocallable GEARS notes linked to the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), maturing on February 15, 2029.
Each note has a $10 stated principal amount, with a minimum investment of $1,000. The notes can be automatically called after about one year if XOP is at or above 100% of its initial level, paying back principal plus a 19.75% call return. If not called and XOP finishes above its initial level at maturity, holders receive principal plus the ETF’s return multiplied by an upside gearing between 1.30 and 1.50.
If the notes are not called and XOP is flat or down but at or above 75% of the initial level at maturity, only principal is repaid. Below that 75% downside threshold, repayment is reduced one-for-one with the ETF’s loss, up to a total loss of principal. The notes pay no coupons or dividends, are unsecured, not FDIC insured, and their value is also affected by the credit risk of BofA Finance and BAC. The public offering price is $10.00 per note, including a $0.25 underwriting discount, while the initial estimated value is expected to be between $9.15 and $9.65 per $10.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering market-linked, auto-callable notes tied to the Russell 2000®, EURO STOXX 50® and S&P 500® indices, with a total public offering of $562,000 in $1,000 denominations.
The notes pay no interest and can be automatically called on monthly call dates if the lowest-performing index is at or above its starting level, returning principal plus a fixed call premium starting at 14.50% and rising to 43.50% by the final call date in January 2029. If never called, investors receive at maturity $1,000 multiplied by the performance of the lowest-performing index, exposing them to full 1‑for‑1 downside and potential total loss of principal. All payments depend on the credit of BofA Finance and Bank of America, and the initial estimated value per note of $958 is below the $1,000 public offering price due to structuring and hedging costs.
BofA Finance LLC, guaranteed by Bank of America Corporation, is offering S&P 500®-linked structured notes that do not pay interest and repay an amount at maturity based on index performance over about 16–18 months.
For each $1,000 face amount, investors receive 160.00% of any positive S&P 500® return, capped by a Maximum Settlement Amount expected between $1,145.92 and $1,171.52. If the index finishes between 90.00% and 100.00% of its initial level, investors receive $1,000. Below 90.00%, losses are leveraged by a Buffer Rate of approximately 111.111% beyond the 10.00% buffer, so principal losses can reach 100%.
The notes are unsecured obligations of BofA Finance with a BAC guarantee, are not listed on an exchange, and do not bear interest. The initial estimated value is expected to range from $965.40 to $995.40 per $1,000, reflecting internal funding and hedging costs, so secondary market values may be below the issue price.
BofA Finance LLC is offering Contingent Income Issuer Callable Yield Notes fully guaranteed by Bank of America Corporation linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the iShares® Silver Trust (SLV).
The Notes have an approximate 2.5 year term, a contingent coupon of $10.292 per $1,000.00 (equal to 12.35% per annum or 1.0292% per month) payable monthly if both Underlyings are at or above 50.00% of their Starting Value on Observation Dates, are callable monthly beginning on May 11, 2026, and at maturity expose investors 1:1 to declines in the Least Performing Underlying below the 50.00% Threshold Value, with up to 100.00% principal loss. The public offering price is $1,000.00 per Note (proceeds to issuer $986.00 per Note) and the initial estimated value range is $850.00 to $970.00 per $1,000.00 as of the pricing date.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is offering contingent income issuer callable yield notes linked to the Class B common stock of NIKE, Inc. The notes have an approximate two-year term, pricing in February 2026 and maturing in February 2028, unless called earlier.
The notes pay a quarterly contingent coupon at a rate of at least 13.05% per annum (at least $32.625 per $1,000 per quarter) only if NIKE’s stock on each observation date is at or above 60.00% of its starting value. Beginning in August 2026, BofA Finance may redeem all notes quarterly at par plus any due coupon.
If the notes are not called and NIKE’s ending value has fallen by more than 40% from the starting value (below the 60.00% threshold), investors are exposed to full 1:1 downside and can lose up to 100% 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 is offering Dual Directional Buffered Notes linked to the S&P 500® Index. The Notes are expected to price on February 27, 2026, issue on March 4, 2026, and have an approximate 13‑month term to maturity on April 1, 2027.
The Notes provide 200.00% upside participation in increases of the Underlying subject to a Max Return of $1,100 per $1,000 (a 10.00% capped return). If the Ending Value falls between 100% and 90% of the Starting Value, holders receive a positive payment equal to the absolute value of the percentage decline; if the Ending Value is below 90% of the Starting Value, investors bear 1:1 downside beyond the 10% buffer and may lose up to 90.00% of principal. Payments are unsecured and depend on the credit of BofA Finance and guaranty of Bank of America Corporation. The public offering price is $1,000.00 per Note and the initial estimated value range is $940.00 to $990.00 per $1,000.00.
BofA Finance LLC, fully guaranteed by Bank of America Corporation, is issuing $2,196,000 of Contingent Income Issuer Callable Yield Notes linked to the worst performer of the Russell 2000 and S&P 500 indices, maturing August 3, 2027.
The notes pay a contingent coupon of 7.35% per year (0.6125% monthly) only when both indices are at least 75% of their starting levels on an observation date. From August 3, 2026, the issuer can redeem the notes monthly at par plus any due coupon.
If not called and the least-performing index ends below 75% of its starting level, principal is reduced 1:1 with index losses, up to a total loss of investment. The notes are unsecured, not exchange-listed, priced at $1,000 with an initial estimated value of $965.10.