Regions Financial (RF) 10-Q 2012 Q2 Quarterly report

EXHIBIT 12

Regions Financial Corporation

Computation of Ratio of Earnings to Fixed Charges

(from continuing operations)

(Unaudited)

	Three Months Ended June 30				Six Months Ended June 30
	2012		2011		2012		2011
	(Amounts in millions)
Excluding Interest on Deposits
Income from continuing operations before income taxes	$	477	$	45	$	798	$	66
Fixed charges excluding preferred stock dividends and accretion		93		108		188		218
Income for computation excluding interest on deposits		570		153		986		284
Interest expense excluding interest on deposits		80		94		162		190
One-third of rent expense		13		14		26		28
Preferred stock dividends and accretion		71		54		125		106
Fixed charges including preferred stock dividends and accretion		164		162		313		324
Ratio of earnings to fixed charges, excluding interest on deposits		3.48x		0.94x		3.15x		0.88x
Including Interest on Deposits
Income from continuing operations before income taxes	$	477	$	45	$	798	$	66
Fixed charges excluding preferred stock dividends and accretion		169		234		352		483
Income for computation including interest on deposits		646		279		1,150		549
Interest expense including interest on deposits		156		220		326		455
One-third of rent expense		13		14		26		28
Preferred stock dividends and accretion		71		54		125		106
Fixed charges including preferred stock dividends and accretion		240		288		477		589
Ratio of earnings to fixed charges, including interest on deposits		2.69x		0.97x		2.41x		0.93x