BofA Finance LLC has filed a pricing supplement for $716,000 in Digital Return Notes, which are linked to the Russell 2000 and S&P 500 indices. This development is significant as it underscores the company's efforts to diversify its financial products in the competitive national commercial banking sector.

The Digital Return Notes are set to be issued on November 3, 2026, and will have a maturity date of May 4, 2028. The notes are fully and unconditionally guaranteed by Bank of America Corporation, providing a strong backing for investors.

The filing indicates that the notes will be priced at $1,000 each, with an underwriting discount of $15.00 per note, resulting in proceeds of approximately $705,260.00 for BofA Finance. The notes are designed to provide returns based on the performance of the Russell 2000 and S&P 500 indices, with specific conditions for payments based on their performance.

According to the filing, if the ending value of each index is greater than or equal to 80% of its starting value, investors will receive a digital payment of $1,145.00 per $1,000.00 in principal amount of notes. However, if either index declines by more than 20%, investors may face a loss of principal.

This issuance reflects BofA Finance's strategic approach to meet the evolving needs of investors in the national commercial banking sector. The company aims to offer innovative financial products that cater to a diverse range of investment strategies.

As the notes will not be listed on any securities exchange, potential investors should carefully consider the associated risks, including the credit risk of both BofA Finance and Bank of America Corporation.

The filing does not specify what happens next, but the issuance of these notes may influence the competitive landscape within the national commercial banking industry.