Nissan Auto Receivables 2024-A Owner Trust
05/26/2026 | Press release | Distributed by Public on 05/26/2026 12:30
Asset-Backed Issuer Distribution Report (Form 10-D)
Exhibit 99.1
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
|
Collection Period |
30-Apr-26 | 30/360 Days | 30 | Collection Period Start | 1-Apr-26 | |||||||||||
|
Distribution Date |
15-May-26 | Actual/360 Days | 30 | Collection Period End | 30-Apr-26 | |||||||||||
| Prior Month Settlement Date | 15-Apr-26 | |||||||||||||||
| Current Month Settlement Date | 15-May-26 |
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Pool Balance |
1,424,116,746.73 | 488,520,011.65 | 458,884,448.15 | 0.352423 | ||||||||||||||||
|
Yield Supplement Overcollaterization |
122,033,411.09 | 25,163,101.53 | 23,066,174.07 | |||||||||||||||||
|
Total Adjusted Pool Balance |
1,302,083,335.64 | 463,356,910.12 | 435,818,274.08 | |||||||||||||||||
|
Total Adjusted Securities |
1,302,083,335.64 | 463,356,910.12 | 435,818,274.08 | 0.334708 | ||||||||||||||||
|
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 |
4.01980 | % | 293,000,000.00 | 0.00 | 0.00 | 0.000000 | ||||||||||||||
|
Class A-3 Notes |
5.28000 | % | 438,000,000.00 | 316,273,574.48 | 288,734,938.44 | 0.659212 | ||||||||||||||
|
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 |
27,538,636.04 | 1,391,603.73 | 62.8735983 | 3.1771775 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 410,083.33 | - | 4.3166666 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | - | - | ||||||||||||||||
|
Total Securities |
27,538,636.04 | 1,801,687.06 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
|
Interest: |
||||||||||||||||||||
|
Interest Collections |
2,230,037.34 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Interest |
0.00 | |||||||||||||||||||
|
Total Interest Collections |
2,230,037.34 | |||||||||||||||||||
|
Principal: |
||||||||||||||||||||
|
Principal Collections |
29,098,431.51 | |||||||||||||||||||
|
Repurchased Loan Proceeds Related to Principal |
0.00 | |||||||||||||||||||
|
Total Principal Collections |
29,098,431.51 | |||||||||||||||||||
|
Recoveries of Defaulted Receivables |
292,582.23 | |||||||||||||||||||
|
Total Collections |
31,621,051.08 | |||||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Amount | |||||||||||||||||||
|
Adjusted Pool Balance - Beginning of Period |
38,195 | 463,356,910.12 | ||||||||||||||||||
|
Total Principal Payment |
27,538,636.04 | |||||||||||||||||||
| 36,781 | 435,818,274.08 | |||||||||||||||||||
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
31,621,051.08 | |||
|
Reserve Account Draw |
0.00 | |||
|
Total Available for Distribution |
31,621,051.08 | |||
|
1. Reimbursement of Advance |
0.00 | |||
|
2. Servicing Fee: |
||||
|
Servicing Fee Due |
407,100.01 | |||
|
Servicing Fee Paid |
407,100.01 | |||
|
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 |
1,391,603.73 | |||
|
Class A-3 Notes Monthly Interest Paid |
1,391,603.73 | |||
|
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 |
1,801,687.06 | |||||||
|
Total Note Monthly Interest Paid |
1,801,687.06 | |||||||
|
Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Change in Total Note Interest Carryover Shortfall |
0.00 | |||||||
|
Total Available for Principal Distribution |
29,412,264.01 | |||||||
|
4. Total Monthly Principal Paid on the Notes |
27,538,636.04 | |||||||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||||||
|
Total Noteholders' Principal Distributable Amount |
27,538,636.04 | |||||||
|
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 |
1,873,627.97 | |||||||
|
Deposit from Remaining Available Collections to fund Reserve Account |
0.00 | |||||||
|
Remaining Available Collections Released to Certificateholder |
1,873,627.97 | |||||||
|
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 |
5.55 | % | ||||||
|
Weighted Average Remaining Maturity |
33.45 | |||||||
| Amount | Number | |||||||
|
Principal on Defaulted Receivables |
537,131.99 | 28 | ||||||
|
Principal Recoveries of Defaulted Receivables |
292,582.23 | |||||||
|
Monthly Net Losses |
244,549.76 | |||||||
|
Pool Balance at Beginning of Collection Period |
488,520,011.65 | |||||||
|
Net Loss Ratio for Third Preceding Collection Period |
-0.02 | % | ||||||
|
Net Loss Ratio for Second Preceding Collection Period |
0.34 | % | ||||||
|
Net Loss Ratio for Preceding Collection Period |
-0.19 | % | ||||||
|
Net Loss Ratio for Current Collection Period |
0.60 | % | ||||||
|
Four-Month Average Net Loss Ratio |
0.18 | % | ||||||
|
Cumulative Net Losses for all Periods |
6,174,419.64 | |||||||
Nissan Auto Receivables 2024-A Owner Trust
Servicer's Certificate
| Amount | Number |
% of Receivables (EOP Balance) |
||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
3,347,898.92 | 180 | 0.73 | % | ||||||||
|
61-90 Days Delinquent |
885,751.79 | 39 | 0.19 | % | ||||||||
|
91-120 Days Delinquent |
2,994.66 | 3 | 0.00 | % | ||||||||
|
More than 120 Days |
0.00 | 0 | 0.00 | % | ||||||||
|
Total 31+ Days Delinquent Receivables: |
4,236,645.37 | 222 | 0.92 | % | ||||||||
|
61+ Days Delinquencies as Percentage of Receivables (EOP): |
||||||||||||
|
Delinquency Ratio for Third Preceding Collection Period |
0.17 | % | 0.14 | % | ||||||||
|
Delinquency Ratio for Second Preceding Collection Period |
0.19 | % | 0.14 | % | ||||||||
|
Delinquency Ratio for Preceding Collection Period |
0.19 | % | 0.13 | % | ||||||||
|
Delinquency Ratio for Current Collection Period |
0.19 | % | 0.11 | % | ||||||||
|
Four-Month Average Delinquency Ratio |
0.19 | % | 0.13 | % | ||||||||
|
60 Day Delinquent Receivables |
923,154.53 | |||||||||||
|
Delinquency Percentage |
0.20 | % | ||||||||||
|
Delinquency Trigger |
4.90 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
|
Principal Balance of Extensions |
1,390,167.49 | |||||||||||
|
Number of Extensions |
73 | |||||||||||
|
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 | |||||||||||
Nissan Auto Receivables 2024-A Owner Trust published this content on May 26, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 26, 2026 at 18:30 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]