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Snowball Growth Note w/ Memorizer

OpenSnowball3YGrowth Note

Snowball Growth Note w/ Memorizer

Issued by Bank Of America

Snowball Growth Note w/ Memorizer - Earn 23.50% in Year-1 or up to 70.5% in Year-3

Trade DateSep 18, 2026
Wire DueSep 17, 2026

This offering is open to all investors.

Underlier Details

SMH logo

VanEck Semiconductor ETF

SMH

ETF that tracks companies in the semiconductors sector

Market Cap

$-bn

3-Yr CAGR

51%

3-Yr Max DD

-18%

RTY logo

Russell 2000

RTY

Index that tracks 2000 small-cap companies in the U.S.

Market Cap

$-bn

3-Yr CAGR

16%

3-Yr Max DD

-19%

XLU logo

St. Strt. Utilities Sector ETF

XLU

ETF that tracks companies in the utilities sector

Market Cap

$-bn

3-Yr CAGR

13%

3-Yr Max DD

-11%

CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown

What Happens To Your Money

If I invest
$25,000

Note is called in Year-1

23.50%

$30,875

Note is called in Year-2

47%

$36,750

Note is called in Year-3

70.5%

$42,625

Additional Information

  • Quarterly autocall after Year 1, with an initial call premium of 23.50% and stepping up by 5.87% each quarter the note remains uncalled.

  • At maturity, investors receive a 70.5% return if the worst-performing underlier finishes above the initial call level.

  • At maturity, principal is returned if the worst-performing underlier is not down more than 40%.

  • Memorizer Feature: Underliers can satisfy the call condition on different observation dates; the note is called once the final underlier qualifies.

  • Example: If SMH reaches the call level at Month 12, RTY at Month 15, and XLU at Month 18, the note is automatically called at Month 18.

Minimum Investment

$25,000

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Key Terms

ProductGrowth
IssuerBank Of America
Term3Y
Non-Call Period1Y
Protection Typebarrier
Initial Call Premium23.50% if called in Year-1
Step-Up Premium5.87% per quarter
Principal Protection40% at Maturity
Target Growth70.5%
Trade DateSep 18, 2026
Maturity Date