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 6/30/2009 | Six Months Ended 6/30/2009 | |||||
Excluding Interest on Deposits: | ||||||
Fixed Charges: | ||||||
Interest Expense (excluding interest on deposits) | $ | 90 | $ | 217 | ||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||
Preferred Stock Dividends | 16 | 82 | ||||
Total Fixed Charges | 114 | 314 | ||||
Earnings: | ||||||
Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change | $ | 1,352 | $ | 1,089 | ||
Fixed Charges – Excluding Preferred Stock Dividends | 98 | 232 | ||||
Total Earnings | 1,450 | 1,321 | ||||
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits | 12.70x | 4.21x | ||||
Including Interest on Deposits: | ||||||
Fixed Charges: | ||||||
Interest Expense | $ | 348 | $ | 749 | ||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||
Preferred Stock Dividends | 16 | 82 | ||||
Total Fixed Charges | $ | 372 | $ | 846 | ||
Earnings: | ||||||
Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change | $ | 1,352 | $ | 1,089 | ||
Fixed Charges – Excluding Preferred Stock Dividends | 356 | 764 | ||||
Total Earnings | $ | 1,708 | $ | 1,853 | ||
Ratio of Earnings to Fixed Charges, Including Interest On Deposits | 4.59x | 2.19x | ||||