Exhibit 12
Regions Financial Corporation
Computation of Ratio of Earnings to Fixed Charges
(from continuing operations)
(Unaudited)
Three Months Ended March 31 | ||||||||
2012 | 2011 | |||||||
(Amounts in millions) | ||||||||
Excluding Interest on Deposits | ||||||||
Income (loss) from continuing operations before income taxes | $ | 321 | $ | 21 | ||||
Fixed charges excluding preferred stock dividends and accretion | 98 | 112 | ||||||
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Income (loss) for computation excluding interest on deposits | 419 | 133 | ||||||
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Interest expense excluding interest on deposits | 82 | 96 | ||||||
One-third of rent expense | 16 | 16 | ||||||
Preferred stock dividends and accretion | 54 | 52 | ||||||
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Fixed charges including preferred stock dividends and accretion | 152 | 164 | ||||||
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Ratio of earnings to fixed charges, excluding interest on deposits | 2.76x | 0.81x | ||||||
Including Interest on Deposits | ||||||||
Income (loss) from continuing operations before income taxes | $ | 321 | $ | 21 | ||||
Fixed charges excluding preferred stock dividends and accretion | 186 | 251 | ||||||
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Income for computation including interest on deposits | 507 | 272 | ||||||
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Interest expense including interest on deposits | 170 | 235 | ||||||
One-third of rent expense | 16 | 16 | ||||||
Preferred stock dividends and accretion | 54 | 52 | ||||||
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Fixed charges including preferred stock dividends and accretion | 240 | 303 | ||||||
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Ratio of earnings to fixed charges, including interest on deposits | 2.11x | 0.90x |