04/24/2026 | Press release | Distributed by Public on 04/24/2026 11:56
Exhibit 99.1
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
|
Collection Period |
31-Mar-26 | 30/360 Days | 30 | Collection Period Start | 1-Mar-26 | |||||||||||
|
Distribution Date |
15-Apr-26 | Actual/360 Days | 30 | Collection Period End | 31-Mar-26 | |||||||||||
| Prior Month Settlement Date | 16-Mar-26 | |||||||||||||||
| Current Month Settlement Date | 15-Apr-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,424,116,746.73 | 520,620,331.44 | 488,520,011.65 | 0.375183 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
122,033,411.09 | 27,535,114.60 | 25,163,101.53 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,335.64 | 493,085,216.84 | 463,356,910.12 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,335.64 | 493,085,216.84 | 463,356,910.12 | 0.355858 | ||||||||||||||||
|
Class A-1 Notes |
5.51200 | % | 279,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2a Notes |
5.47000 | % | 145,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-2b Notes |
4.05223 | % | 293,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.28000 | % | 438,000,000.00 | 346,001,881.20 | 316,273,574.48 | 0.722086 | ||||||||||||||
|
Class A-4 Notes |
5.18000 | % | 95,000,000.00 | 95,000,000.00 | 95,000,000.00 | 1.000000 | ||||||||||||||
|
Certificates |
0.00000 | % | 52,083,335.64 | 52,083,335.64 | 52,083,335.64 | 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 |
29,728,306.72 | 1,522,408.28 | 67.8728464 | 3.4758180 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 410,083.33 | - | 4.3166666 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Total Securities |
29,728,306.72 | 1,932,491.61 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
|
Interest: |
||||||||||||||||||||
|
Interest Collections |
2,354,978.14 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
2,354,978.14 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
31,645,700.37 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
31,645,700.37 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
536,901.25 | |||||||||||||||||||
|
Total Collections |
34,537,579.76 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
39,464 | 493,085,216.84 | ||||||||||||||||||
|
Total Principal Payment |
29,728,306.72 | |||||||||||||||||||
| 38,195 | 463,356,910.12 | |||||||||||||||||||
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
34,537,579.76 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
34,537,579.76 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
433,850.28 | |||
|
Servicing Fee Paid |
433,850.28 | |||
|
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 |
1,522,408.28 | |||
|
Class A-3 Notes Monthly Interest Paid |
1,522,408.28 | |||
|
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 |
410,083.33 | |||
|
Class A-4 Notes Monthly Interest Paid |
410,083.33 | |||
|
Change in Class A-4 Notes Interest Carryover Shortfall |
0.00 | |||
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
|
Total Note Monthly Interest |
||||||||
|
Total Note Monthly Interest Due |
1,932,491.61 | |||||||
|
Total Note Monthly Interest Paid |
1,932,491.61 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
32,171,237.87 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
29,728,306.72 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
29,728,306.72 | |||||||
|
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 |
2,442,931.15 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
2,442,931.15 | |||||||
|
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 |
5.50 | % | ||||||
|
Weighted Average Remaining Maturity |
34.07 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
454,619.42 | 27 | ||||||
|
Principal Recoveries of Defaulted Receivables |
536,901.25 | |||||||
|
Monthly Net Losses |
(82,281.83 | ) | ||||||
|
Pool Balance at Beginning of Collection Period |
520,620,331.44 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
0.68 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
-0.02 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
0.34 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
-0.19 | % | ||||||
|
Four-Month Average Net Loss Ratio |
0.20 | % | ||||||
|
Cumulative Net Losses for all Periods |
5,929,869.88 | |||||||
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
3,925,408.62 | 203 | 0.80 | % | ||||||||
|
61-90 Days Delinquent |
691,304.81 | 39 | 0.14 | % | ||||||||
|
91-120 Days Delinquent |
218,869.22 | 12 | 0.04 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
4,835,582.65 | 254 | 0.99 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.19 | % | 0.14 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.17 | % | 0.14 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.19 | % | 0.14 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.19 | % | 0.13 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.19 | % | 0.14 | % | ||||||||
|
60 Day Delinquent Receivables |
910,174.03 | |||||||||||
|
Delinquency Percentage |
0.19 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
1,641,590.59 | |||||||||||
|
Number of Extensions |
78 | |||||||||||
|
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 | |||||||||||