Regions Financial (RF) 10-Q 2016 Q3 Quarterly report

EXHIBIT 12

Regions Financial Corporation

Computation of Ratio of Earnings to Fixed Charges

(from continuing operations)

(Unaudited)

	Three Months Ended September 30				Nine Months Ended September 30
	2016		2015		2016		2015
	(Dollars in millions)
Excluding Interest on Deposits
Income from continuing operations before income taxes	$	471	$	378	$	1,244	$	1,122
Fixed charges excluding preferred stock dividends	65		52		191		160
Income for computation excluding interest on deposits	536		430		1,435		1,282
Interest expense excluding interest on deposits	51		38		148		117
One-third of rent expense	14		14		43		43
Preferred stock dividends	16		16		48		48
Fixed charges including preferred stock dividends	81		68		239		208
Ratio of earnings to fixed charges, excluding interest on deposits	6.63x		6.32x		6.02x		6.18x
Including Interest on Deposits
Income from continuing operations before income taxes	$	471	$	378	$	1,244	$	1,122
Fixed charges excluding preferred stock dividends	96		79		277		242
Income for computation including interest on deposits	567		457		1,521		1,364
Interest expense including interest on deposits	82		65		234		199
One-third of rent expense	14		14		43		43
Preferred stock dividends	16		16		48		48
Fixed charges including preferred stock dividends	112		95		325		290
Ratio of earnings to fixed charges, including interest on deposits	5.08x		4.80x		4.69x		4.70x