Nissan Auto Lease Trust 2026-B
10/27/2026 | Press release | Distributed by Public on 10/27/2026 10:05
Asset-Backed Issuer Distribution Report (Form 10-D)
NISSAN AUTO LEASE TRUST 2026-B
Servicer Report
| Collection Period Start | 1-Sep-26 | Distribution Date |
15-Oct-26 |
|||
| Collection Period End | 30-Sep-26 | 30/360 Days |
30 |
|||
| Beg. of Interest Period | 15-Sep-26 | Actual/360 Days |
30 |
|||
| End of Interest Period | 15-Oct-26 |
| SUMMARY | ||||||||||||||||||||
| Coupon Rate | Initial Balance | Beginning Balance | Ending Balance | Pool Factor | ||||||||||||||||
|
Total Portfolio |
1,447,527,618.00 | 1,410,303,293.30 | 1,390,791,953.36 | 0.9608051 | ||||||||||||||||
|
Total Securities |
1,447,527,618.00 | 1,410,303,293.30 | 1,390,791,953.36 | 0.9608051 | ||||||||||||||||
|
Class A-1 Notes |
3.949000 | % | 127,200,000.00 | 89,975,675.30 | 70,464,335.36 | 0.5539649 | ||||||||||||||
|
Class A-2a Notes |
4.440000 | % | 414,000,000.00 | 414,000,000.00 | 414,000,000.00 | 1.0000000 | ||||||||||||||
|
Class A-2b Notes |
4.008500 | % | 80,000,000.00 | 80,000,000.00 | 80,000,000.00 | 1.0000000 | ||||||||||||||
|
Class A-3 Notes |
4.690000 | % | 494,000,000.00 | 494,000,000.00 | 494,000,000.00 | 1.0000000 | ||||||||||||||
|
Class A-4 Notes |
4.780000 | % | 84,800,000.00 | 84,800,000.00 | 84,800,000.00 | 1.0000000 | ||||||||||||||
|
Class B Notes |
4.870000 | % | 49,940,000.00 | 49,940,000.00 | 49,940,000.00 | 1.0000000 | ||||||||||||||
|
Class C Notes |
5.080000 | % | 39,800,000.00 | 39,800,000.00 | 39,800,000.00 | 1.0000000 | ||||||||||||||
|
Certificates |
0.000000 | % | 157,787,618.00 | 157,787,618.00 | 157,787,618.00 | 1.0000000 | ||||||||||||||
| Principal Payment Due | Interest Payment | Principal per $1000 Face Amount |
Interest per $1000 Face Amount |
|||||||||||||||||
|
Class A-1 Notes |
19,511,339.94 | 296,094.95 | 153.3910373 | 2.3277905 | ||||||||||||||||
|
Class A-2a Notes |
0.00 | 1,531,800.00 | 0.0000000 | 3.7000000 | ||||||||||||||||
|
Class A-2b Notes |
0.00 | 267,233.33 | 0.0000000 | 3.3404166 | ||||||||||||||||
|
Class A-3 Notes |
0.00 | 1,930,716.67 | 0.0000000 | 3.9083333 | ||||||||||||||||
|
Class A-4 Notes |
0.00 | 337,786.67 | 0.0000000 | 3.9833334 | ||||||||||||||||
|
Class B Notes |
0.00 | 202,673.17 | 0.0000000 | 4.0583334 | ||||||||||||||||
|
Class C Notes |
0.00 | 168,486.67 | 0.0000000 | 4.2333334 | ||||||||||||||||
|
Certificates |
0.00 | 0.00 | 0.0000000 | 0.0000000 | ||||||||||||||||
|
Total Securities |
19,511,339.94 | 4,734,791.46 | ||||||||||||||||||
|
I. COLLECTIONS |
||||||||||||||||||||
|
Lease Payments: ( Lease Series Assets) |
||||||||||||||||||||
|
Monthly Principal |
15,527,217.31 | |||||||||||||||||||
|
Monthly Interest |
9,481,193.21 | |||||||||||||||||||
|
Total Monthly Payments |
25,008,410.52 | |||||||||||||||||||
|
Interest Rate Cap Payments |
0.00 | |||||||||||||||||||
|
Advances: |
||||||||||||||||||||
|
Aggregate Monthly Payment Advances |
863,192.45 | |||||||||||||||||||
|
Aggregate Sales Proceeds Advance |
272,474.23 | |||||||||||||||||||
|
Total Advances |
1,135,666.68 | |||||||||||||||||||
|
Vehicle Disposition Proceeds: |
||||||||||||||||||||
|
Repurchase Payments |
0.00 | |||||||||||||||||||
|
Recoveries |
0.00 | |||||||||||||||||||
|
Net Liquidation Proceeds (includes Reallocation Payments and Net Auction Proceeds) |
4,353,795.59 | |||||||||||||||||||
|
Excess Wear and Tear and Excess Mileage |
2,735.66 | |||||||||||||||||||
|
Remaining Payoffs |
0.00 | |||||||||||||||||||
|
Net Insurance Proceeds |
1,276,733.75 | |||||||||||||||||||
|
Residual Value Surplus |
8,079.99 | |||||||||||||||||||
|
Total Collections |
31,785,422.19 | |||||||||||||||||||
|
Vehicle Disposition Activity for the current month - Terminated and Sold (included in Vehicle Disposition Proceeds) |
Reallocation Payments and Net Auction Proceeds |
Net Insurance Sales |
Lease Payoffs | Count | ||||||||||||||||
|
Early Termination |
397,591.00 | 16 | ||||||||||||||||||
|
Involuntary Repossession |
12,172.00 | 1 | ||||||||||||||||||
|
Voluntary Repossession |
430,390.00 | 18 | ||||||||||||||||||
|
Full Termination |
- | - | ||||||||||||||||||
|
Bankruptcty |
- | - | ||||||||||||||||||
|
Insurance Payoff |
1,259,208.79 | 47 | ||||||||||||||||||
|
Customer Payoff |
147,383.50 | 4 | ||||||||||||||||||
|
Grounding Dealer Payoff |
3,178,992.69 | 89 | ||||||||||||||||||
|
Dealer Purchase |
73,924.88 | 2 | ||||||||||||||||||
|
Total |
840,153.00 | 1,259,208.79 | 3,400,301.07 | 177 | ||||||||||||||||
|
II. COLLATERAL POOL BALANCE DATA |
||||||||||||||||||||
| Number | Book Amount | Discount Rate | Securitization Value | |||||||||||||||||
|
Pool Balance - Beginning of Period |
46,868 | 1,680,365,154.54 | 10.00000 | % | 1,410,303,293.30 | |||||||||||||||
|
Total Depreciation Received |
(18,671,752.84 | ) | (13,724,274.07 | ) | ||||||||||||||||
|
Principal Amount of Gross Losses |
(87 | ) | (2,848,465.68 | ) | (2,488,189.21 | ) | ||||||||||||||
|
Repurchase / Reallocation |
0 | 0.00 | 0.00 | |||||||||||||||||
|
Early Terminations |
(8 | ) | (245,297.79 | ) | (203,797.68 | ) | ||||||||||||||
|
Scheduled Terminations |
(105 | ) | (3,591,928.31 | ) | (3,095,078.98 | ) | ||||||||||||||
|
Pool Balance - End of Period |
46,668 | 1,655,007,709.92 | 1,390,791,953.36 | |||||||||||||||||
|
Remaining Pool Balance |
||||||||||||||||||||
|
Lease Payment |
593,951,688.99 | |||||||||||||||||||
|
Residual Value |
796,840,264.37 | |||||||||||||||||||
|
Total |
1,390,791,953.36 | |||||||||||||||||||
|
III. DISTRIBUTIONS |
||||
|
Total Collections |
31,785,422.19 | |||
|
Reserve Amounts Available for Distribution |
0.00 | |||
|
Total Available for Distribution |
31,785,422.19 | |||
|
1. Amounts due Indenture Trustee as Compensation or Indemnity |
0.00 | |||
|
2. Reimbursement of Payment Advance |
625,872.32 | |||
|
3. Reimbursement of Sales Proceeds Advance |
259,216.00 | |||
|
4. Servicing Fee: |
||||
|
Servicing Fee Due |
1,175,252.74 | |||
|
Servicing Fee Paid |
1,175,252.74 | |||
|
Servicing Fee Shortfall |
0.00 | |||
|
Total Trustee, Advances and Servicing Fee Paid |
2,060,341.06 | |||
NISSAN AUTO LEASE TRUST 2026-B
Servicer Report
|
5. 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 Available Interest Distribution Amount |
296,094.95 | |||
|
Class A-1 Notes Monthly Interest Paid |
296,094.95 | |||
|
Chg in Class A-1 Notes Int. 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 Available Interest Distribution Amount |
1,531,800.00 | |||
|
Class A-2a Notes Monthly Interest Paid |
1,531,800.00 | |||
|
Chg in Class A-2a Notes Int. 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 Available Interest Distribution Amount |
267,233.33 | |||
|
Class A-2b Notes Monthly Interest Paid |
267,233.33 | |||
|
Chg in Class A-2b Notes Int. 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 Available Interest Distribution Amount |
1,930,716.67 | |||
|
Class A-3 Notes Monthly Interest Paid |
1,930,716.67 | |||
|
Chg in Class A-3 Notes Int. Carryover Shortfall |
0.00 | |||
|
Class A-4 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 Available Interest Distribution Amount |
337,786.67 | |||
|
Class A-4 Notes Monthly Interest Paid |
337,786.67 | |||
|
Chg in Class A-4 Notes Int. Carryover Shortfall |
0.00 | |||
|
Class B Monthly Interest |
||||
|
Class B Notes Interest Carryover Shortfall |
0.00 | |||
|
Class B Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class B Notes Monthly Available Interest Distribution Amount |
202,673.17 | |||
|
Class B Notes Monthly Interest Paid |
202,673.17 | |||
|
Chg in Class B Notes Int. Carryover Shortfall |
0.00 | |||
|
Class C Monthly Interest |
||||
|
Class C Notes Interest Carryover Shortfall |
0.00 | |||
|
Class C Notes Interest on Interest Carryover Shortfall |
0.00 | |||
|
Class C Notes Monthly Available Interest Distribution Amount |
168,486.67 | |||
|
Class C Notes Monthly Interest Paid |
168,486.67 | |||
|
Chg in Class C Notes Int. Carryover Shortfall |
0.00 | |||
|
Certificate Monthly Interest |
||||
|
Certificate Interest Carryover Shortfall |
0.00 | |||
|
Certificate Interest on Interest Carryover Shortfall |
0.00 | |||
|
Certificate Monthly Available Interest Distribution Amount |
0.00 | |||
|
Certificate Monthly Interest Paid |
0.00 | |||
|
Chg in Certificate Int. Carryover Shortfall |
0.00 | |||
|
Total Note and Certificate Monthly Interest |
||||
|
Total Note and Certificate Monthly Interest Due |
4,734,791.46 | |||
|
Total Note and Certificate Monthly Interest Paid |
4,734,791.46 | |||
|
Total Note and Certificate Interest Carryover Shortfall |
0.00 | |||
|
Chg in Total Note and Certificate Int. Carryover Shortfall |
0.00 | |||
|
Total Available for Principal Distribution |
24,990,289.67 | |||
|
6. Total Monthly Principal Paid on the Notes |
||||
|
Total Monthly Principal Paid on the Notes |
19,511,339.94 | |||
|
Total Noteholders' Principal Carryover Shortfall |
0.00 | |||
|
Total Noteholders' Principal Distributable Amount |
19,511,339.94 | |||
|
Chg in Total Noteholders' Principal Carryover Shortfall |
0.00 | |||
|
7. Total Monthly Principal Paid on the Certificates |
0.00 | |||
|
Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||
|
Total Certificateholders' Principal Distributable Amount |
0.00 | |||
|
Chg in Total Certificateholders' Principal Carryover Shortfall |
0.00 | |||
|
Remaining Available Collections |
5,478,949.73 |
|
IV. RESERVE ACCOUNT |
||||
|
Initial Reserve Account Amount |
5,790,110.47 | |||
|
Required Reserve Account Amount |
9,408,929.52 | |||
|
Beginning Reserve Account Balance |
9,408,929.52 | |||
|
Additional Cash Infusion |
0.00 | |||
|
Reinvestment Income for the Period |
0.00 | |||
|
Reserve Fund Available for Distribution |
9,408,929.52 | |||
|
Reserve Fund Draw Amount |
0.00 | |||
|
Deposit of Remaining Available Collections |
5,478,949.73 | |||
|
Gross Reserve Account Balance |
14,887,879.25 | |||
|
Remaining Available Collections Released to Seller |
5,478,949.73 | |||
|
Total Ending Reserve Account Balance |
9,408,929.52 | |||
NISSAN AUTO LEASE TRUST 2026-B
Servicer Report
| V. POOL STATISTICS | ||||||||||||
|
Weighted Average Remaining Maturity |
26.65 | |||||||||||
|
Monthly Prepayment Speed |
55 | % | ||||||||||
|
Lifetime Prepayment Speed |
53 | % | ||||||||||
| $ | units | |||||||||||
|
Recoveries of Defaulted and Casualty Receivables |
1,719,305.75 | |||||||||||
|
Securitization Value of Defaulted Receivables and Casualty Receivables |
2,488,189.21 | 87 | ||||||||||
|
Aggregate Defaulted and Casualty Gain (Loss) |
(768,883.46 | ) | ||||||||||
|
Pool Balance at Beginning of Collection Period |
1,410,303,293.30 | |||||||||||
|
Net Loss Ratio |
||||||||||||
|
Current Collection Period |
-0.0545 | % | ||||||||||
|
Preceding Collection Period |
-0.0201 | % | ||||||||||
|
Second Preceding Collection Period |
-0.0105 | % | ||||||||||
|
Third Preceding Collection Period |
0.0000 | % | ||||||||||
|
Cumulative Net Losses for all Periods |
0.0835 | % | 1,207,991.96 | |||||||||
| % of BOP Pool Balance | Amount | Number | ||||||||||
|
Delinquent Receivables: |
||||||||||||
|
31-60 Days Delinquent |
0.71 | % | 9,986,354.76 | 324 | ||||||||
|
61-90 Days Delinquent |
0.16 | % | 2,317,663.35 | 75 | ||||||||
|
91-120 Days Delinquent |
0.10 | % | 1,383,473.87 | 46 | ||||||||
|
More than 120 Days |
0.00 | % | 56,471.68 | 2 | ||||||||
|
Total Delinquent Receivables: |
0.97 | % | 13,743,963.66 | 447 | ||||||||
| Amount | Number | |||||||||||
|
61+ Days Delinquencies as Percentage of Receivables |
||||||||||||
|
Current Collection Period |
0.27 | % | 0.26 | % | ||||||||
|
Preceding Collection Period |
0.21 | % | 0.21 | % | ||||||||
|
Second Preceding Collection Period |
0.01 | % | 0.01 | % | ||||||||
|
Third Preceding Collection Period |
0.00 | % | 0.00 | % | ||||||||
|
60 Day Delinquent Receivables |
4,319,343.35 | |||||||||||
|
Delinquency Percentage |
0.31 | % | ||||||||||
|
Delinquency Trigger |
4.40 | % | ||||||||||
|
Does the Delinquency Percentage exceed the Delinquency Trigger? |
No | |||||||||||
| $ | units | |||||||||||
|
Aggregate Sales Performance of Auctioned Vehicles |
||||||||||||
|
Sales Proceeds |
397,591.00 | 16 | ||||||||||
|
Securitization Value |
434,361.59 | 16 | ||||||||||
|
Aggregate Residual Value Surplus (Loss) |
(36,770.59 | ) | ||||||||||
| $ | units | |||||||||||
|
Cumulative Sales Performance of Auctioned Vehicles |
||||||||||||
|
Cumulative Sales Proceeds |
857,198.64 | 33 | ||||||||||
|
Cumulative Securitization Value |
952,705.40 | 33 | ||||||||||
|
Cumulative Residual Value Surplus (Loss) |
(95,506.76 | ) | ||||||||||
| VI. RECONCILIATION OF ADVANCES | ||||||||||||
|
Beginning Balance of Residual Advance |
431,447.79 | |||||||||||
|
Reimbursement of Outstanding Advance |
259,216.00 | |||||||||||
|
Additional Advances for current period |
272,474.23 | |||||||||||
|
Ending Balance of Residual Advance |
444,706.02 | |||||||||||
|
Beginning Balance of Payment Advance |
2,061,008.38 | |||||||||||
|
Reimbursement of Outstanding Payment Advance |
625,872.32 | |||||||||||
|
Additional Payment Advances for current period |
863,192.45 | |||||||||||
|
Ending Balance of Payment Advance |
2,298,328.51 | |||||||||||
| VII. STATEMENTS TO NOTEHOLDERS | ||||||||
|
1. Has there been any material change in practices with respect to charge-offs, collection and management of delinquent Leases, 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 modifications, extensions or waivers to Lease terms, fees, penalties or payments during the Collection Period? |
NO | |||||||
|
3. Have there been any material breaches of representations, warranties or covenants contained in the Leases? |
NO | |||||||
|
4. Has there been any new issuance of notes or other securities backed by the Series Assets Assets? |
NO | |||||||
|
5. Has there been any material additions, removals or substitutions of Series Assets Assets, or repurchases of Series Assets Assets? |
NO | |||||||
|
6. Has there been any material change in the underwriting, origination or acquisition of Leases? |
NO | |||||||
Nissan Auto Lease Trust 2026-B published this content on October 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 27, 2026 at 16:05 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]