Exhibit 12(a)
Fifth Third Bancorp
Computations of Consolidated Ratios Of Earnings To Fixed Charges
($ In Millions)
Year Ended December 31, | |||||||||||||
Excluding Interest on Deposits: | 2003 | 2002 | 2001 | 2000 | 1999 | ||||||||
Fixed Charges: | |||||||||||||
Interest Expense (excluding interest on deposits) | $ | 498 | 502 | 726 | 878 | 620 | |||||||
One-Third of Rents, Net of Income from Subleases | 14 | 11 | 14 | 14 | 12 | ||||||||
Total Fixed Charges | $ | 512 | 513 | 740 | 892 | 632 | |||||||
Earnings: | |||||||||||||
Income Before Income Taxes, Minority Interest | |||||||||||||
& Cumulative Effect of Accounting Change | $ | 2,547 | 2,426 | 1,647 | 1,672 | 1,450 | |||||||
Fixed Charges | 512 | 513 | 740 | 892 | 632 | ||||||||
Total Earnings | $ | 3,059 | 2,939 | 2,387 | 2,564 | 2,082 | |||||||
Ratio of Earnings to Fixed Charges, Excluding | |||||||||||||
Interest On Deposits | 5.97 | x | 5.73 | 3.23 | 2.87 | 3.29 | |||||||
Including Interest on Deposits: | |||||||||||||
Fixed Charges: | |||||||||||||
Interest Expense | $ | 1,086 | 1,430 | 2,278 | 2,697 | 2,026 | |||||||
One-Third of Rents, Net of Income from Subleases | 14 | 11 | 14 | 14 | 12 | ||||||||
Total Fixed Charges | $ | 1,100 | 1,441 | 2,292 | 2,711 | 2,038 | |||||||
Earnings: | |||||||||||||
Income Before Income Taxes, Minority Interest | |||||||||||||
& Cumulative Effect of Accounting Change | $ | 2,547 | 2,426 | 1,647 | 1,672 | 1,450 | |||||||
Fixed Charges | 1,100 | 1,441 | 2,292 | 2,711 | 2,038 | ||||||||
Total Earnings | $ | 3,647 | 3,867 | 3,939 | 4,383 | 3,488 | |||||||
Ratio of Earnings to Fixed Charges, Including | |||||||||||||
Interest On Deposits | 3.32 | x | 2.68 | 1.72 | 1.62 | 1.71 | |||||||