BofA Finance LLC priced $650,000 of Contingent Income Buffered (with Memory Feature) Auto-Callable Yield Notes linked to the S&P 500® Futures 35% Volatility Compass TCA 6% Decrement Index. The Notes priced on April 16, 2026, will issue on April 21, 2026, and have an approximately 5-year term if not called. Monthly contingent coupons are payable when the Underlying’s Observation Value is at least 65.00 of its Starting Value; automatic monthly calls begin on April 16, 2027 if the Underlying is at or above $972.80 (100% of Starting Value). At maturity, if the Ending Value is below the 85.00 Threshold Value, investors face 1:1 downside beyond a 15 buffer and could lose up to 85.00 of principal. All payments are subject to the credit risk of the Issuer and Guarantor.
BofA Finance LLC priced a $2,293,000 offering of Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index. The approximately five‑year notes priced on April 16, 2026 and will issue on April 21, 2026. Payment at maturity depends on the Ending Value versus the Starting Value (Starting Value: 567.98) and includes a 208.00% upside participation rate above the Starting Value. If the Ending Value is below the Threshold Value of 425.99 (75.00% of Starting Value), holders incur 1:1 downside exposure, putting up to 100% of principal at risk. The public offering price was $1,000.00 per note; the initial estimated value at pricing was $967.70 per $1,000 principal. All payments are subject to the credit risk of BofA Finance (Issuer) and Bank of America Corporation (Guarantor).
Bank of America Corporation is offering up to $10,000,000,000 of Medium‑Term Notes, Series N under a prospectus supplement; four series are initially being issued with aggregate principal amounts of $500,000,000, $3,250,000,000, $3,250,000,000 and $3,000,000,000, respectively.
The offering consists of one floating‑rate senior series (compounded SOFR + 0.880%, quarterly) and three fixed/floating series that pay fixed semi‑annual interest through initial fixed‑rate periods (4.477%, 4.695%, 5.489%) then switch to compounded SOFR plus specified spreads; issue date and expected delivery are April 23, 2026.
Bank of America Chair and CEO Brian T. Moynihan exercised 18,083 2026 cash-settled restricted stock units, each economically equivalent to one common share, into 18,083 shares of common stock on April 15, 2026.
On the same date, 18,083 common shares were disposed of to the issuer at $54.32 per share, leaving his direct common stock holdings at 2,699,612 shares. He also has indirect holdings of 3,613.619 share equivalents in a 401(k) plan and 100,000 shares held by a trust. Footnotes note cash-settled units granted in February 2026 that vest monthly and an increase of 30.135 share equivalents in the 401(k) from dividend reinvestments and fund NAV changes.
Bank of America Corporation reported strong first-quarter 2026 results, with net income of $8.6 billion and diluted EPS of $1.11, both up sharply from a year ago. Revenue, net of interest expense, rose 7% to $30.3 billion, driven by higher net interest income, sales and trading, asset management and investment banking fees.
Net interest income reached $15.7 billion, up 9%, while provision for credit losses was $1.3 billion, slightly below the prior year as net charge-offs remained manageable. Noninterest expense increased 4% to $18.5 billion, but operating leverage of 2.9% and an efficiency ratio of about 61% showed better cost productivity.
Consumer Banking earned $3.1 billion of net income and Global Wealth and Investment Management $1.3 billion, supported by deposit growth, loan growth and higher fees. Global Banking and Global Markets each generated just over $2.0 billion of net income, with sales and trading revenue of $6.4 billion, up double digits. Average deposits were $2.02 trillion and average loans and leases $1.19 trillion, both up solidly, while the CET1 capital ratio of 11.2% under the Standardized approach remained well above regulatory minimums. The company returned $9.3 billion to shareholders through dividends and share repurchases and increased tangible book value per share to $28.84.
BofA Finance LLC is offering Contingent Income Auto-Callable Yield Notes due March 30, 2028, linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the VanEck Semiconductor ETF. The notes have an expected pricing date of April 27, 2026 and issue date of April 30, 2026, an approximate term of 23 months, and a contingent coupon of 12.00% per annum (paid monthly as $10.00 per $1,000 if each underlying is ≥70% of its starting value on an Observation Date). Beginning with the October 27, 2026 Call Observation Date, the notes are automatically callable monthly if each underlying is ≥100% of its starting value; an automatic call pays principal plus the applicable monthly coupon. If not called, at maturity holders receive principal unless the least performing underlying declines below its Threshold Value (60.00% of starting value), in which case holders suffer 1:1 downside exposure to the least performing underlying. Initial estimated value on the pricing date is stated between $901.60 and $941.60 per $1,000; public offering price is $1,000 per note with underwriting discount up to $21.75.
BofA Finance LLC priced a preliminary supplement to offer Contingent Income Issuer Callable Yield Notes linked to the least performing of the Dow Jones Industrial Average, the Nasdaq-100 and the Russell 2000. The Notes have an approximate 23-month term, an 11.25% per annum contingent coupon (0.9375% monthly) payable only when all three Underlyings meet a 70.00% coupon barrier on observation dates, and are callable monthly beginning August 3, 2026. The public offering price is $1,000.00 per note (proceeds to issuer of $997.50 per note after a possible underwriting discount of $2.50). If not called and the Ending Value of the least performing Underlying is below its Threshold Value (70% of Starting Value), holders suffer 1:1 downside exposure, potentially losing up to 100% of principal. Initial estimated value at pricing is stated between $920.10 and $970.10 per $1,000. All payments depend on the creditworthiness of BofA Finance and Bank of America Corporation and the final terms in the pricing supplement.
BofA Finance is offering Contingent Income (with Memory Feature) Issuer Callable Yield Notes linked to the common stock of Dollar General Corporation (DG), expected to price on April 17, 2026 and issue on April 22, 2026. The notes have an approximately 2 year term and are callable quarterly beginning October 22, 2026. Contingent coupons may be paid quarterly if the Observation Value of DG is at least 60.00% of its Starting Value; the periodic memory feature uses a $33.00 multiplier per contingent payment period. If not called and the Ending Value falls below the 60.00% Threshold Value by more than 40%, holders face 1:1 downside at maturity. Public offering price is $1,000.00 per note with underwriting discount up to $18.50, proceeds to BofA Finance of $981.50 per note. All payments are subject to issuer and guarantor credit risk.
BofA Finance LLC is offering Buffered Auto-Callable Notes linked to the S&P 500® Futures Excess Return Index with an expected pricing date of April 24, 2026 and expected issue date of April 29, 2026. The Notes have an approximate five-year term unless automatically called on annual Call Observation Dates beginning April 26, 2027.
Payments depend on the Underlying: an automatic call pays specified Call Amounts (up to $1,330.00 on later calls); if not called, maturity payments range from the principal to a maximum Redemption Amount of $1,412.50 per $1,000.00 or a downside 1:1 exposure beyond a 15.00% buffer (up to 85.00% of principal at risk). The public offering price per Note is $1,000.00 with an underwriting discount up to $40.00 and proceeds to the issuer of $960.00 per Note.
BofA Finance LLC is offering Auto-Callable Notes linked to the Russell 2000® Index with a roughly three-year term. The Notes are expected to price on April 30, 2026 and issue on May 5, 2026. They are automatically callable on specified annual Call Observation Dates beginning May 7, 2027 if the Observation Value meets or exceeds the Call Value. If not called, redemption at maturity depends on the Ending Value versus a 100% Redemption Barrier; investors face 1:1 downside exposure and up to 100.00% principal loss. Public offering price is $1,000.00 per note; underwriting discount up to $22.50, proceeds to issuer approx. $977.50 per note. All payments are subject to issuer and guarantor credit risk.