Regions Financial (RF) 10-Q 2010 Q1 Quarterly report

EXHIBIT 12

Regions Financial Corporation

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)

	Three Months Ended March  31 (1)
	2010			2009
	(Amounts in millions)
Excluding Interest on Deposits
Income (loss) before income taxes	$	(357	)	$	392
Fixed charges excluding preferred stock dividends and accretion		160			221
Income (loss) for computation excluding interest on deposits		(197	)		613
Interest expense excluding interest on deposits		142			204
One-third of rent expense		18			17
Preferred stock dividends and accretion		59			51
Fixed charges including preferred stock dividends and accretion		219			272
Ratio of earnings to fixed charges, excluding interest on deposits		(0.90	)		2.25
Including Interest on Deposits
Income (loss) before income taxes	$	(357	)	$	392
Fixed charges excluding preferred stock dividends and accretion		402			587
Income (loss) for computation including interest on deposits		45			979
Interest expense including interest on deposits		384			570
One-third of rent expense		18			17
Preferred stock dividends and accretion		59			51
Fixed charges including preferred stock dividends and accretion		461			638
Ratio of earnings to fixed charges, including interest on deposits		0.10			1.53

(1) For purposes of this computation, the recognized interest related to uncertain tax positions of less than $1 million for both the three months ended March 31, 2010 and 2009 was excluded.