BofA Finance LLC has filed a pricing supplement for its new contingent income buffered auto-callable yield notes, which are linked to the S&P 500 Futures. This offering is significant for the company as it expands its product offerings in the national commercial banking sector.

The notes are expected to price on November 24, 2026, and will be issued on November 30, 2026. They are designed to provide investors with exposure to the S&P 500 Futures 40% Volatility Compass TCA 6% Decrement Index ER.

The filing indicates that the notes will have a contingent coupon rate between 10.25% and 11.25% per annum, payable monthly if certain conditions are met. The notes will not be listed on any securities exchange, and all payments are subject to the credit risk of BofA Finance LLC and Bank of America Corporation, which guarantees the notes.

As the banking industry continues to evolve, this move by BofA Finance LLC may set a precedent for other national commercial banks to develop similar products. The industry is likely to see increased competition as banks innovate to attract investors.

The filing does not specify what happens next, but the pricing and issuance dates are set for late November 2026.