Nissan Auto Receivables 2023-B Owner Trust

02/20/2026 | Press release | Distributed by Public on 02/20/2026 14:17

Asset-Backed Issuer Distribution Report (Form 10-D)

Nissan Auto Receivables 2023-B Owner Trust

Servicer's Certificate

Collection Period

31-Jan-26 30/360 Days 30 Collection Period Start 1-Jan-26

Distribution Date

17-Feb-26 Actual/360 Days 33 Collection Period End 31-Jan-26
Prior Month Settlement Date 15-Jan-26
Current Month Settlement Date 17-Feb-26
Coupon Rate Initial Balance Beginning Balance Ending Balance Pool Factor

Pool Balance

1,449,675,307.36 350,148,744.37 325,506,839.49 0.249989

Yield Supplement Overcollaterization

147,591,973.00 19,273,539.81 17,456,112.42

Total Adjusted Pool Balance

1,302,083,334.36 330,875,204.56 308,050,727.07

Total Adjusted Securities

1,302,083,334.36 330,875,204.56 308,050,727.07 0.236583

Class A-1 Notes

5.70900 % 352,000,000.00 0.00 0.00 0.000000

Class A-2a Notes

5.95000 % 219,500,000.00 0.00 0.00 0.000000

Class A-2b Notes

4.26735 % 219,500,000.00 0.00 0.00 0.000000

Class A-3 Notes

5.93000 % 376,000,000.00 195,791,870.20 172,967,392.71 0.460020

Class A-4 Notes

5.96000 % 83,000,000.00 83,000,000.00 83,000,000.00 1.000000

Certificates

0.00000 % 52,083,334.36 52,083,334.36 52,083,334.36 1.000000
Principal
Payment
Interest Payment Principal per
$1000 Face
Amount
Interest per $1000
Face Amount

Class A-1 Notes

0.00 0.00 -  - 

Class A-2a Notes

0.00 0.00 -  - 

Class A-2b Notes

0.00 0.00 -  - 

Class A-3 Notes

22,824,477.49 967,538.16 60.7033976 2.5732398

Class A-4 Notes

0.00 412,233.33 -  4.9666666

Certificates

0.00 0.00 -  - 

Total Securities

22,824,477.49 1,379,771.49

I. COLLECTIONS

Interest:

Interest Collections

1,351,897.36

Repurchased Loan Proceeds Related to Interest

0.00

Total Interest Collections

1,351,897.36

Principal:

Principal Collections

24,446,536.15

Repurchased Loan Proceeds Related to Principal

0.00

Total Principal Collections

24,446,536.15

Recoveries of Defaulted Receivables

239,196.69

Total Collections

26,037,630.20

II. COLLATERAL POOL BALANCE DATA

Number Amount

Adjusted Pool Balance - Beginning of Period

35,555 330,875,204.56

Total Principal Payment

22,824,477.49
33,893 308,050,727.07

Nissan Auto Receivables 2023-B Owner Trust

Servicer's Certificate

III. DISTRIBUTIONS

Total Collections

26,037,630.20

Reserve Account Draw

0.00

Total Available for Distribution

26,037,630.20

1. Reimbursement of Advance

0.00

2. Servicing Fee:

Servicing Fee Due

291,790.62

Servicing Fee Paid

291,790.62

Servicing Fee Shortfall

0.00

3. Interest:

Class A-1 Notes Monthly Interest

Class A-1 Notes Interest Carryover Shortfall

0.00

Class A-1 Notes Interest on Interest Carryover Shortfall

0.00

Class A-1 Notes Monthly Interest Distributable Amount

0.00

Class A-1 Notes Monthly Interest Paid

0.00

Change in Class A-1 Notes Interest Carryover Shortfall

0.00

Class A-2a Notes Monthly Interest

Class A-2a Notes Interest Carryover Shortfall

0.00

Class A-2a Notes Interest on Interest Carryover Shortfall

0.00

Class A-2a Notes Monthly Interest Distributable Amount

0.00

Class A-2a Notes Monthly Interest Paid

0.00

Change in Class A-2a Notes Interest Carryover Shortfall

0.00

Class A-2b Notes Monthly Interest

Class A-2b Notes Interest Carryover Shortfall

0.00

Class A-2b Notes Interest on Interest Carryover Shortfall

0.00

Class A-2b Notes Monthly Interest Distributable Amount

0.00

Class A-2b Notes Monthly Interest Paid

0.00

Change in Class A-2b Notes Interest Carryover Shortfall

0.00

Class A-3 Notes Monthly Interest

Class A-3 Notes Interest Carryover Shortfall

0.00

Class A-3 Notes Interest on Interest Carryover Shortfall

0.00

Class A-3 Notes Monthly Interest Distributable Amount

967,538.16

Class A-3 Notes Monthly Interest Paid

967,538.16

Change in Class A-3 Notes Interest Carryover Shortfall

0.00

Class A-4 Notes Monthly Interest

Class A-4 Notes Interest Carryover Shortfall

0.00

Class A-4 Notes Interest on Interest Carryover Shortfall

0.00

Class A-4 Notes Monthly Interest Distributable Amount

412,233.33

Class A-4 Notes Monthly Interest Paid

412,233.33

Change in Class A-4 Notes Interest Carryover Shortfall

0.00

Nissan Auto Receivables 2023-B Owner Trust

Servicer's Certificate

Total Note Monthly Interest

Total Note Monthly Interest Due

1,379,771.49

Total Note Monthly Interest Paid

1,379,771.49

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

24,366,068.09

4. Total Monthly Principal Paid on the Notes

22,824,477.49

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

22,824,477.49

Change in Total Noteholders' Principal Carryover Shortfall

0.00

5. Total Monthly Principal Paid on the Certificates

0.00

Total Certificateholders' Principal Carryover Shortfall

0.00

Total Certificateholders' Principal Distributable Amount

0.00

Change in Total Certificateholders' Principal Carryover Shortfall

0.00

Remaining Available Collections

1,541,590.60

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Certificateholder

1,541,590.60

V. RESERVE ACCOUNT

Initial Reserve Account Amount

3,255,208.34

Required Reserve Account Amount

3,255,208.34

Beginning Reserve Account Balance

3,255,208.34

Deposit of Remaining Available Collections

0.00

Ending Reserve Account Balance

3,255,208.34

Required Reserve Account Amount for Next Period

3,255,208.34

VI. POOL STATISTICS

Weighted Average Coupon

4.64 %

Weighted Average Remaining Maturity1

27.92
Amount Number

Principal on Defaulted Receivables

195,368.73 16

Principal Recoveries of Defaulted Receivables

239,196.69

Monthly Net Losses

(43,827.96 )

Pool Balance at Beginning of Collection Period

350,148,744.37

Net Loss Ratio for Third Preceding Collection Period

0.43 %

Net Loss Ratio for Second Preceding Collection Period

-0.62 %

Net Loss Ratio for Preceding Collection Period

0.04 %

Net Loss Ratio for Current Collection Period

-0.15 %

Four-Month Average Net Loss Ratio

-0.07 %

Cumulative Net Losses for all Periods

4,798,772.91

Nissan Auto Receivables 2023-B Owner Trust

Servicer's Certificate

Amount Number % of Receivables
(EOP Balance)

Delinquent Receivables:

31-60 Days Delinquent

3,326,224.48 217 1.02 %

61-90 Days Delinquent

416,744.41 30 0.13 %

91-120 Days Delinquent

43,704.21 9 0.01 %

More than 120 Days

0.00 0 0.00 %

Total 31+ Days Delinquent Receivables:

3,786,673.10 256 1.16 %

61+ Days Delinquencies as Percentage of Receivables (EOP):

Delinquency Ratio for Third Preceding Collection Period

0.13 % 0.11 %

Delinquency Ratio for Second Preceding Collection Period

0.16 % 0.14 %

Delinquency Ratio for Preceding Collection Period

0.16 % 0.14 %

Delinquency Ratio for Current Collection Period

0.14 % 0.12 %

Four-Month Average Delinquency Ratio

0.15 % 0.13 %

60 Day Delinquent Receivables

519,594.76

Delinquency Percentage

0.16 %

Delinquency Trigger

4.90 %

Does the Delinquency Percentage exceed the Delinquency Trigger?

No

Principal Balance of Extensions

1,174,693.46

Number of Extensions

85

VII. STATEMENTS TO NOTEHOLDERS

1. Has there been a material change in practices with respect to charge-offs, collection and management of delinquent Receivables, and the effect of any grace period, re-aging, re-structuring, partial payments or other practices on delinquency and loss experience?

NO

2. Have there been any material breaches of representations, warranties or covenants contained in the Receivables?

NO

3. Has there been an issuance of notes or other securities backed by the Receivables?

NO

4. Has there been a material change in the underwriting, origination or acquisition of Receivables?

NO

1  The Weighted Average Remaining Maturity (WARM) reported under Section VI. POOL STATISTICS for the Collection Period ended December 31, 2025 contained an error. The corrected December WARM value for NAROT 2023-B is 28.99. The January WARM is calculated correctly above.

Nissan Auto Receivables 2023-B Owner Trust published this content on February 20, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 20, 2026 at 20:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]