Regions Financial (RF) 10-K 2011 FY Annual report

EXHIBIT 12

Regions Financial Corporation

Computation of Ratio of Earnings to Fixed Charges

(from continuing operations)

(Unaudited)

	December 31
	2011		2010			2009			2008			2007
	(Dollars in millions)
Excluding Interest on Deposits
Income (loss) from continuing operations before income taxes	$	161	$	(844	)	$	(1,268	)	$	(6,032	)	$	1,879
Fixed charges excluding preferred stock dividends and accretion		425		550			766			1,007			950
Income (loss) for computation excluding interest on deposits		586		(294	)		(502	)		(5,025	)		2,829
Interest expense excluding interest on deposits		370		493			707			953			893
One-third of rent expense		55		57			59			54			57
Preferred stock dividends and accretion		214		224			230			26			—
Fixed charges including preferred stock dividends		639		774			996			1,033			950
Ratio of earnings to fixed charges, excluding interest on deposits		0.92x		(0.38	)x		(0.50	)x		(4.86	)x		2.98x
Including Interest on Deposits
Income (loss) from continuing operations before income taxes	$	161	$	(844	)	$	(1,268	)	$	(6,032	)	$	1,879
Fixed charges excluding preferred stock dividends and accretion		897		1,305			2,043			2,731			3,614
Income (loss) for computation including interest on deposits		1,058		461			775			(3,301	)		5,493
Interest expense including interest on deposits		842		1,248			1,984			2,677			3,557
One-third of rent expense		55		57			59			54			57
Preferred stock dividends and accretion		214		224			230			26			—
Fixed charges including preferred stock dividends		1,111		1,529			2,273			2,757			3,614
Ratio of earnings to fixed charges, including interest on deposits		0.95x		0.30x			0.34x			(1.20	)x		1.52x