Swedbank posted €92.9 million in profit in Latvia last year.
Rietumu Banka posted €86.356 million in profit, while ABLV Bank posted €79.337 million in profit.
The fourth most profitable bank operating in Latvia last year was SEB Banka - €51.162 million, followed by Citadele - €36.278 million, DNB Banka - €30.174 million.
All other banks operating in Latvia posted profits of €11 million an less.
The Association of Latvian Commercial Banks has not published information about Nordea Bank.
The Latvian banking sector operated with €453.754 mullion in profit last year, an increase of 9.1% over 2015.