Exhibit 12.2
Fifth Third Bancorp
Computations of Consolidated Ratios Of Earnings To Combined Fixed Charges and Preferred Stock Dividend Requirements
($ In Millions)
| Three Months Ended June 30, 2008 | Six Months Ended June 30, 2008 | ||||||
Excluding Interest on Deposits: | |||||||
Fixed Charges: | |||||||
Interest Expense (excluding interest on deposits) | $ | 190 | $ | 418 | |||
One-Third of Rents, Net of Income from Subleases | 7 | 14 | |||||
Preferred Stock Dividends | — | — | |||||
Total Fixed Charges | $ | 197 | $ | 432 | |||
Earnings: | |||||||
Income (Loss) Before Income Taxes | $ | (117 | ) | $ | 307 | ||
Fixed Charges - Excluding Preferred Stock Dividends | 197 | 432 | |||||
Total Earnings | $ | 80 | $ | 739 | |||
Ratio of Earnings to Fixed Charges, Excluding | |||||||
Interest On Deposits | 0.41x | 1.71x | |||||
Including Interest on Deposits: | |||||||
Fixed Charges: | |||||||
Interest Expense | $ | 468 | $ | 1,095 | |||
One-Third of Rents, Net of Income from Subleases | 7 | 14 | |||||
Preferred Stock Dividends | — | — | |||||
Total Fixed Charges | $ | 475 | $ | 1,109 | |||
Earnings: | |||||||
Income (Loss) Before Income Taxes | $ | (117 | ) | $ | 307 | ||
Fixed Charges - Excluding Preferred Stock Dividends | 475 | 1,109 | |||||
Total Earnings | $ | 358 | $ | 1,416 | |||
Ratio of Earnings to Fixed Charges, Including | |||||||
Interest On Deposits | 0.75x | 1.28x | |||||