 Fifth Third Bank | All Rights Reserved Investor Update May 2010 Please refer to earnings release dated April 22, 2010 and 10-Q dated May 7, 2010 for further information, including full results reported on a U.S. GAAP basis Exhibit 99.1 |
 2 Fifth Third Bank | All Rights Reserved Fifth Third franchise * As of 5/13/10 $113 billion assets (#13) $84 billion deposits (#13) $11 billion market cap (#13)* 16 affiliates in 12 states 1,309 banking centers 2,364 ATMs Leading market share in mature Midwest market Built strong presence in higher growth Southeastern markets over past 5 years Naples Kentucky Tennessee Georgia Florida North Carolina West Virginia Pennsylvania Ohio Michigan Illinois Indiana Missouri |
 3 Fifth Third Bank | All Rights Reserved Diversified franchise 2009 net revenue - $2.8 billion* Branch Banking (38% of net revenue) Retail and business banking $18.4B average loans; $44.6B average core deposits 3.8M customers; 1.4M online banking customers Commercial Banking (35% of net revenue) Corporate and middle market lending, treasury services, international trade finance, commercial leasing and syndicated finance $41.4B average loans; $18.4B average core deposits 765 corporate client relationships and 13,500 middle market client relationships Consumer Lending (22% of net revenue) Real estate-secured mortgages, home equity loans, credit cards, student loans, and auto lending $20.5B average loans 7,600 dealer indirect auto lending network Investment Advisors (5% of net revenue) Private Bank, Retail Brokerage, Asset Management, and Institutional Services $3.1B average loans; $4.9B average core deposits $25B assets under management; $187B assets under care * Represents tax-equivalent net revenue (income before taxes, excluding provision for loan and lease losses). Excludes $1.5B general corporate, of which approximately $221M represented 1H09 contribution of Fifth Third Processing Solutions (51% interest subsequently sold) 38% 22% 35% 5% Branch Banking $1.1B Investment Advisors $139M Commercial Banking $1.0B Consumer Lending $610M |
 4 Fifth Third Bank | All Rights Reserved 1Q10 in review • Net loss of $10 million versus 4Q09 net loss of $98 million • Pre-provision net revenue of $568 million, up $6 million from 4Q09 • Net interest margin of 3.63%, up 8 bps sequentially • Average core deposits up $4.4B, or 6% sequentially • Extended $18 billion of new and renewed credit Strong operating trends • Nonperforming assets declined 3% and nonperforming loans declined 7% sequentially (lowest levels since 2Q09) – Total delinquencies declined 15% sequentially (lowest level since 3Q07) • Net charge-offs declined 18% sequentially (lowest level since 1Q09) • Allowance to loan ratio of 4.91%, 139% of nonperforming loans and leases and 1.6 times annualized 1Q10 net charge- offs • Realized credit losses have been significantly below SCAP scenarios Significant improvements in credit • Tangible common equity ratio of 6.4% • Tier 1 common ratio of 7.0% • Leverage ratio of 12.0% (8.9% ex-TARP) • Tier 1 capital ratio of 13.4% (10.0% ex-TARP) Robust capital levels |
 5 Fifth Third Bank | All Rights Reserved Peer performance summary Source: SNL and company reports. (1) Regional bank peer average consists of BBT, CMA, HBAN, KEY, MTB, MI, PNC, RF, STI, USB, WFC, and ZION, unless otherwise noted. (2) Midwest peer average consists of CMA, HBAN, KEY, MI, and USB, unless otherwise noted. * Operating fee growth, core pre-tax pre-provision earnings, and operating efficiency ratio exclude the following items: securities gains/losses, gains/losses from debt extinguishments, leveraged lease gains/losses, gains from asset sales, goodwill impairment charges, and other non-recurring items. Average loans include only loans held-for-investment. NPAs exclude loans held-for-sale and covered assets. Continued relative outperformance on key value drivers FITB 1Q10 Regional bank peers (1) 1Q10 Midwest peers (2) 1Q10 SEQ performance vs. peers Net interest margin / (bps) 3.63% (+8) 3.60% (+13) 3.37% (+18) Better Operating fee growth* -1% -9% -5% Better Core pre-tax pre-provision earnings* / loans 2.9% 2.7% 2.6% Better Operating efficiency ratio* 62% 64% 65% Better Average core deposits growth 6% 0% 0% Better Average loan growth* 1% -1% -2% Better NPA ratio* / (bps) 4.02% (-20) 4.33% (+11) 3.47% (-7) Better Net charge-off ratio / (bps) 3.01% (-61) 2.48% (-46) 2.86% (-90) Area of focus |
 6 Fifth Third Bank | All Rights Reserved Pre-tax pre-provision earnings 4.6% 4.5% 4.2% 3.2% 2.9% 2.7% 2.6% 2.0% 1.9% 1.9% 1.7% 1.7% 1.4% WFC USB PNC BBT FITB MTB HBAN KEY MI CMA STI RF ZION Peer average: 2.7% 1Q10 core PPNR / average loans (annualized)* Core PPNR trend Fifth Third’s pre-tax, pre-provision net revenue (PPNR) to loans higher than most regional bank peers Core PPNR reconciliation Credit adjusted PPNR / Average Loans Source: SNL and company reports. Core PPNR excludes securities gains/losses, gains/losses from debt extinguishments, leveraged lease gains/losses, gains from asset sales, goodwill impairment charges, divested fees and expenses related to FTPS, and other non-recurring items where appropriate. Credit-related adjustments include mortgage repurchase expenses, provision for unfunded commitments expense, derivative valuation adjustments, OREO expenses and other workout related expenses. 94 57 111 73 91 483 564 535 562 3 8 45 30 1 $0 $100 $200 $300 $400 $500 $600 $700 1Q09 2Q09 3Q09 4Q09 1Q10 Core Fee Income Credit Items Noninterest Expense Credit Items 569 1Q09 2Q09 3Q09 4Q09 1Q10 Reported PPNR (GAAP) $511 $2,393 $844 $562 $568 Adjustments: Gain on sale of Visa shares - - (244) - - BOLI charge 54 - - - - Gain from sale of processing interest - (1,764) 6 - - Divested merchant and EFT revenue (155) (169) - - - Class B Visa swap fair value adjustment - - - - 9 Securities gains/losses 24 (5) (8) (2) (14) Visa litigation reserve expense - - (73) - - Other litigation reserve expense - - - 22 4 FTPS Warrants - - - (20) 2 Seasonal pension expense - - 10 - - FDIC special assessment - 55 - - - Divested merchant and EFT expense (estimated) 49 54 - - - Core PPNR $483 $564 $535 $562 $569 Credit Related Items: OREO write-downs, FV adjs, & G/L on loan sales 3 8 45 30 1 Problem asset work-out expenses 94 57 111 73 91 Credit adjusted PPNR $580 $629 $691 $665 $661 |
 7 Fifth Third Bank | All Rights Reserved Stable income and expense in difficult environment Core fee income ($M) Core expenses ($M) • Strong mortgage banking results continued in 1Q10, resulting in $3.5B of originations and $152M in net revenue • Investment advisory revenue up 5% from previous qtr • Card and processing revenue sequential decrease 4% – Debit interchange: $46M 1Q10; $177M 2009 – Credit interchange: $21M 1Q10; $85M 2009 • Corporate banking revenue down 8% sequentially driven by declines in business lending fees, foreign exchange revenue, and institutional sales • Credit-related costs affected fee income by $1M in 1Q10 compared with $30M the previous quarter • Sequential increase in core expenses driven by elevated credit costs and seasonal benefits expense partially offset by disciplined discretionary expense control • Core efficiency ratio of 62.4% in 1Q10, an improvement from 65.1% in 1Q09 • Credit-related costs affected non-interest expenses by $91M in 1Q10 compared with $73M the previous quarter • Total expense related to mortgage repurchases ~$39M in 1Q10 compared with $18M in 4Q09 and $6M in 1Q09 * Refer to slide 6 for itemized effects of non-core fees and expenses 620 645 605 629 624 624 653 650 659 625 $0 $100 $200 $300 $400 $500 $600 $700 1Q09 2Q09 3Q09 4Q09 1Q10 Core Fee Income Excluding Credit Items 913 912 938 945 952 819 856 828 872 861 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 1Q09 2Q09 3Q09 4Q09 1Q10 Core Noninterest Expense Excluding Credit Items |
 8 Fifth Third Bank | All Rights Reserved Net interest income Core NII and NIM* • Trends in net interest income and net interest margin favorably compare with peers – NIM up 8 bps in 1Q10 vs. 4Q09 • Expect continued margin benefit through 2010 from CD maturities and improved loan spreads (bps) Reported NIM and YOY growth versus peers Peers include: BBT, CMA, HBAN, KEY, MI, MTB, PNC, RF, STI, USB, WFC, ZION Source: SNL and company reports * Core results exclude $6M charge related to leveraged lease litigation in 1Q09. Also excluded are $41M, $35M, $27M, $24M, and $19M in loan discount accretion from the First Charter acquisition in 1Q09, 2Q09, 3Q09, 4Q09, and 1Q10 respectively. Yields and rates* ($Ms) $746 $801 $847 $859 $882 2.92% 3.13% 3.33% 3.45% 3.55% 2.0% 2.5% 3.0% 3.5% 4.0% 1Q09 2Q09 3Q09 4Q09 1Q10 $400 $500 $600 $700 $800 $900 Net interest income (right axis) NIM 3.63% 57 bps 3.60% 36 bps NIM NIM growth FITB Peer average 1.0% 2.0% 3.0% 4.0% 5.0% 1Q09 2Q09 3Q09 4Q09 1Q10 0 100 200 300 400 Spread (right axis) Asset yield Liability rate |
 9 Fifth Third Bank | All Rights Reserved Balance sheet: Continued growth in core funding • Extended $18B of new and renewed credit in 1Q10 • CRE loans down 4% sequentially and 12% from the previous year – New homebuilder/developer, non-owner occupied CRE suspended 2008 • C&I loans down 1% sequentially and 12% from the previous year largely due to lower line utilization and soft demand* • Strong mortgage originations - $1.5B in residential mortgage loans held-for- sale warehouse (not carried in loans held-for investment) • Core deposit to loan ratio of 97%, up from 80% in 1Q09 • Everyday Great Rates strategy continues to drive core deposit growth – DDAs up 4% sequentially and 21% from the previous year – Commercial core deposits up 20% sequentially and 46% from the previous year – Retail core deposits up 1% sequentially and 3% from the previous year Average loan growth ($B)^ Average core deposit growth ($B) 84 82 80 78 78 67 69 70 72 76 Average wholesale funding ($B) 35 31 26 20 22 • Reduced wholesale funding by $1.9 billion sequentially and $14.7 billion from the previous year – Non-core deposits down 14% sequentially and 40% from the previous year – Short term borrowings down 52% sequentially and 84% from the previous year – Long-term debt up 10% sequentially and down 8% from the previous year • Portion of excess core funding invested in agency mortgage-backed securities (balance sheet hedges added to mitigate interest rate risk) ^ Excludes loans held-for-sale * Excludes the impact of $724M in C&I balances that were consolidated on January 1, 2010 Note: Numbers may not sum due to rounding 50 49 48 45 45 34 33 33 32 33 1Q09 2Q09 3Q09 4Q09 1Q10 Commercial Loans Consumer Loans 30 32 32 34 38 21 21 21 22 23 16 16 17 16 15 1Q09 2Q09 3Q09 4Q09 1Q10 Demand/IBT Savings/MMDA Consumer CD/Core foreign 12 12 10 8 7 10 8 6 4 2 13 11 10 10 11 1Q09 2Q09 3Q09 4Q09 1Q19 Non-core deposits ST borrowings LT debt |
 Improving credit results Source: SNL and company reports. NPA and NCO ratios exclude loans held-for-sale and covered assets for peers where appropriate. * 4Q08 net charge-offs included $800M in NCOs related to commercial losses moved to held-for-sale NPA ratio vs. peers Net charge-off ratio vs. peers* Loans 90+ days delinquent % vs. peers Loans 30-89 days delinquent % vs. peers 10 Fifth Third Bank | All Rights Reserved |
 11 Fifth Third Bank | All Rights Reserved Manageable commercial real estate exposure CRE / Assets Source: SNL and company reports. Peer average: 215% CRE / (TCE + Reserves) Peer average: 18% 12% 12% 11% 11% 8% 33% 30% 24% 24% 24% 15% 14% MI MTB ZION RF CMA KEY HBAN FITB STI USB BBT WFC PNC 473% 312% 295% 264% 209% 173% 168% 154% 147% 143% 136% 123% 117% MTB MI RF ZION CMA USB HBAN KEY STI BBT FITB WFC PNC 13% CRE exposure lower than peer average; problems relatively more manageable given capital and reserves |
 12 Fifth Third Bank | All Rights Reserved $1,500 $1,750 $2,000 $2,250 $2,500 $2,750 $3,000 $3,250 $3,500 $3,750 $4,000 $4,250 $4,500 $4,750 $5,000 $5,250 $5,500 Updated credit loss expectations vs. SCAP scenarios Realized credit losses have been significantly below SCAP submissions; expected to continue 2008 2009 2010 * Red SCAP line represents more adverse scenario as adjusted by supervisors for additional assumed two-year losses. Supervisory estimates of total two-year losses under more adverse scenario were not allocated by period. Estimate allocates total two-year supervisory losses using the allocation under Fifth Third’s submission. ** Source for macroeconomic assumptions: Moody’s Economy.com. Assumptions as of March 2010. Fifth Third capitalized for this level of credit losses under SCAP (plus surplus raised vs. buffer) $4.1B $5.0B $2.8B Moody’s Weaker Recovery / Mild Second Recession Case** Assumptions (Mar. 2010) Moody’s Base Case** Assumptions (Mar. 2010) SCAP Baseline Scenario (Submitted; Mar 2009) SCAP Adverse Scenario* (Supervisory; Mar 2009) Actual $2.6B Actual $2.7B $2.9B Fifth Third’s realized credit losses have been significantly below its SCAP submitted baseline and more adverse scenarios – In SCAP submissions, we incorporated significant conservatism, given then prevailing negative economic and industry trends and extreme uncertainty in potential loss outcomes – Economic and credit market conditions are much improved versus those expected in spring 2009 Base and stress scenarios reflect Moody’s Base Case and Moody’s Weaker Recover / Mild Second Recession Case (as of March 2010)** Our current expectation is for 2010 losses to be lower than 2009 |
 13 Fifth Third Bank | All Rights Reserved Strong reserve position Coverage ratios are strong relative to peers Industry leading reserve level 1. FITB 4.91% 2. KEY 4.34% 3. ZION 4.05% 4. HBAN 4.00% 5. RF 3.61% 6. MI 3.57% 7. PNC 3.38% 8. WFC 3.22% 9. USB 2.80% 10. STI 2.79% 11. BBT 2.65% 12. CMA 2.42% 13. MTB 1.75% Peer Average 3.21% Reserves / Loans 490 626 756 708 582 196 283 415 68 8 4.88% 4.91% 3.31% 4.28% 4.69% 0% 1% 2% 3% 4% 5% 1Q09 2Q09 3Q09 4Q09 1Q10 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 Net Charge-offs Additional Provision Reserves 139% 122% 161% 90% 78% 141% Reserves / NPLs Reserves / NPAs Reserves / Annualized NCOs FITB Peer Average Source: SNL and company reports. NPAs/NPLs exclude held-for-sale portion for all banks and covered assets for BBT, USB, and ZION. |
 14 Fifth Third Bank | All Rights Reserved Robust capital position Source: SNL and company reports. * MTB Tier 1 common ratio as of 12/31/09. Strong capital ratios relative to peers, particularly considering reserve levels 11.7% 10.4% 10.3% 10.0% 9.9% 9.9% 9.9% 9.6% 8.7% 8.3% 8.2% 7.9% 7.4% BBT CMA PNC FITB WFC KEY USB STI HBAN ZION RF MTB MI 16.8% 15.9% 14.3% 14.1% 13.7% 12.7% 12.5% 12.2% 12.2% 12.0% 11.9% 10.6% 8.6% KEY CMA FITB MI WFC RF STI BBT ZION HBAN PNC USB MTB (TCE + reserves) / Loans Peer average: 12.8% Peer average w/ TARP: 11.1% Peer average w/o TARP: 9.4% Tier 1 capital ratio (with and without TARP) 8.9% 11.1% 13.1% 12.0% 11.2% 13.4% 12.9% 11.7% Tangible common equity ratio 9.7% 8.0% 7.4% 6.8% 6.7% 6.4% 6.3% 6.2% 6.1% 5.8% 5.4% 5.4% 5.3% CMA MI KEY WFC STI FITB ZION BBT RF HBAN MTB USB PNC Peer average: 6.6% Tier 1 common ratio 9.6% 8.7% 7.9% 7.7% 7.5% 7.3% 7.1% 7.1% 7.1% 7.1% 7.0% 6.5% 5.7% CMA BBT PNC STI KEY MI RF USB WFC ZION FITB HBAN MTB* Peer average: 7.4% |
 15 Fifth Third Bank | All Rights Reserved Strong liquidity profile Net loans and leases / core deposits Source: 3/31/2010 Company Y9C reports *Noncore funding dependence as of 12/31/09 as 3/31/10 BHCPR reports not yet available • Over the past year, Fifth Third has reduced its net noncore funding reliance by 20%, more than any peer other than Comerica* – Fifth Third has the 2 nd lowest net noncore funding dependence among its peers* • Fifth Third has no holding company debt maturing in the next year and less than 1% of consolidated Bancorp debt, lower than peers Peer average: 104% 92% 94% 98% 98% 99% 102% 105% 106% 107% 107% 111% 112% 116% PNC HBAN RF FITB ZION STI MI KEY BBT WFC MTB CMA USB |
 16 Fifth Third Bank | All Rights Reserved Strong liquidity profile Retail Brokered CD maturities: $813M in 2010; $31M in 2011 3/31 unused avail. capacity $27B ($18.5B in Fed and $8.7B in FHLB) FHLB borrowings $2.6B; Q1 avg. core deposits $76B; equity $14B All market borrowings by Fifth Third Bank Holding Company cash at 3/31/10: $1.35B — Total Fed deposits ~$4.0B Expected cash obligations over the next 12 months (assuming no TARP repayment) — $0 debt maturities — ~$39M common dividends — ~$205M preferred dividends (~$35M Series G, ~$170M TARP) — ~$237M interest and other expenses Cash currently sufficient to satisfy all fixed obligations* over the next 24 months without accessing capital markets/subsidiary dividends Bank unsecured debt maturities ($M – excl. Brokered CDs) Heavily core funded Holding company unsecured debt maturities ($M) * Debt maturities, common and preferred dividends, interest and other expenses $52 $500 $500 0 0 0 2010 2011 2012 2013 2014 2015 on 0 0 0 $750 0 $5.0B 2010 2011 2012 2013 2014 2015 on Fifth Third Bancorp Fifth Third Capital Trust |
 17 Fifth Third Bank | All Rights Reserved 2010 developments Fifth Third response Macro themes • Sluggish loan demand • Deposits to grow but expect some diminution as later liquidity drawn down by deposits to support expansion in spending • Additional consumer regulation • Higher interest rates late 2010 / early 2011 • TARP repayment • Leverage existing customer relationships at the local level to offer our full portfolio of products and services across all of our lines of business • Invest in sales force expansion initiatives to increase resources and branch hours while maintaining focus on a near-term return to profitability • Reorient fee structure of products and services to offer a clearer and higher value proposition to our clients and create more sustainable, consistent growth • Maintain excess liquidity, neutral to modest asset sensitive positioning • Remain committed to repayment in a manner that is in the best interest of all constituents, including shareholders |
 18 Fifth Third Bank | All Rights Reserved Continuing to invest for the future 18 Fifth Third Bank | All Rights Reserved |
 19 Fifth Third Bank | All Rights Reserved Summary Fifth Third continues to execute on its strategic initiatives and is focused on being well-positioned for the turn of the cycle. • Dedicated to serving the needs of families and businesses for more than 150 years • Businesses creating new and profitable opportunities to enhance value • Trends in NII and NIM favorably compare with peers • Ongoing expense control • Continued shift back toward core funding Core franchise remains strong • Strong reserve coverage of problem loans • Aggressive management has mitigated areas of highest risk • Significantly enhanced SAG and workout resources, while continuing prudent lending practices • Significantly improved credit trends in 1Q10 Aggressive management of credit issues • Successfully completed June 2008 capital plan and SCAP capital actions • Actions exceeded SCAP Tier 1 common equity commitment by 80% • Current capital levels able to withstand significant additional economic deterioration as demonstrated by the SCAP assessment Robust capital levels |
 20 Ó Fifth Third Bank | All Rights Reserved Cautionary statement This report may contain statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K and our most recent quarterly report on Form 10-Q. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us. There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and weakening in the economy, specifically the real estate market, either nationally or in the states in which Fifth Third, one or more acquired entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) maintaining capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third (10) competitive pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies; (13) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged; (14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties in separating Fifth Third Processing Solutions from Fifth Third; (21) loss of income from any sale or potential sale of businesses that could have an adverse effect on Fifth Third’s earnings and future growth; (22) ability to secure confidential information through the use of compute systems and telecommunications networks; and (23) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity. You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements. |
 Fifth Third Bank | All Rights Reserved Investor Update Supplement May 2010 Please refer to earnings release dated April 22, 2010 and 10-Q dated May 7, 2010 for further information, including full results reported on a U.S. GAAP basis |
 2 Fifth Third Bank | All Rights Reserved Balance Sheet: Average loans & leases Average core deposits Income Statement: Net interest income* Net interest margin* Noninterest income Noninterest expense Pre-provision net revenue Asset Quality: Net charge-offs Loan loss allowance^ Nonperforming assets^ Capital Ratios: Tier I common equity Tier I leverage Tier I capital Total risk-based capital Category Fifth Third: Second quarter 2010 outlook 2Q10 Outlook $80.1 billion $76.3 billion $901 million 3.63% $627 million $956 million $568 million $582 million $3.8 billion (4.9%) $3.1 billion (4.0%) 7.0% 12.0% 13.4% 17.6% Relatively stable Consistent with 1Q10 Consistent with 1Q10 or up modestly ~$600 million +/- Down ~$10-$15 million Consistent with 1Q10 Down ~$100 million +/- Begin to decline Relatively stable Stable to modestly higher Please see cautionary statement for risk factors related to forward-looking statements. * Presented on a fully-taxable equivalent basis. ^ Ratios as a percent of loans excluding held-for-sale. 1Q10 Actual Results |
 3 Fifth Third Bank | All Rights Reserved Fifth Third credit ratings Fifth Third Bancorp Moody's Standard & Poor's Fitch DBRS Short Term Debt P-2 Short Term Issuer A-2 Short Term Issuer F1 Short Term R-1L Senior Unsecured Baa1 Long Term Issuer BBB Long Term Issuer A- Long Term Issuer AL Individual Rating C Outlook Negative Outlook Negative Outlook Negative Outlook Stable Outlook Date 4/14/2009 Outlook Date 6/17/2009 Outlook Date 6/23/2009 Outlook Date 11/24/2009 Fifth Third Bank (OH) Moody's Standard & Poor's Fitch DBRS Short Term Debt P-1 Short Term Issuer A-2 ST Issuer Default F1 Short Term R-1L Long Term Issuer A2 Long Term Issuer BBB+ Long Term Issuer A- Long Term Deposit A Long Term Deposit A2 Long Term Deposit A Senior Unsecured A |
 4 Fifth Third Bank | All Rights Reserved Fifth Third outstanding debt Outstanding Debt Holding Company Type Issue Date Maturity Date Amount Rate Type Rate Senior Notes 04/30/08 05/01/13 $ 750,000,000 Fixed 6.25% Subordinated Debt 12/13/06 12/20/16 $ 250,000,000 Floating 3ML + .42% Subordinated Debt 12/20/06 01/15/17 $ 500,000,000 Fixed 5.45% Subordinated Debt 05/23/03 06/01/18 $ 500,000,000 Fixed 4.50% Trust Preferred* 04/10/02 04/22/32 $ 25,774,000 Floating 6ML + 3.70% Trust Preferred* 12/19/02 12/26/32 $ 10,310,000 Floating 3ML + 3.25% Trust Preferred* 08/08/03 09/17/33 $ 15,464,000 Floating 3ML + 3.10% Trust Preferred* 12/31/03 12/30/33 $ 41,238,000 Floating 3ML + 2.79% Trust Preferred* 03/31/04 06/17/34 $ 25,774,000 Floating 3ML + 2.90% Trust Preferred* 06/28/05 09/15/35 $ 36,083,000 Floating 3ML + 1.42% Trust Preferred* 09/29/05 12/15/35 $ 25,774,000 Floating 3ML + 1.69% Subordinated Debt 03/04/08 03/01/38 $ 1,000,000,000 Fixed 8.25% Trust Preferred 03/30/07 04/15/47 $ 750,000,000 Fixed / Float 6.5% / 3ML + 1.37% Trust Preferred 08/08/07 08/15/67 $ 575,000,000 Fixed / Float 7.25% / 3ML + 2.57% Trust Preferred 10/23/07 11/15/67 $ 862,500,000 Fixed / Float 7.25% / 3ML + 3.03% Trust Preferred 05/06/08 05/15/68 $ 400,000,000 Fixed / Float 8.88% / 3ML + 5.00% * Acquired through acquisitions Bank Entity Type Issue Date Maturity Date Amount Rate Type Rate Senior Notes 05/17/06 05/17/13 $ 500,000,000 Floating 3ML + .11% Subordinated Debt 01/31/05 02/01/15 $ 500,000,000 Fixed 4.75% |
 5 Fifth Third Bank | All Rights Reserved Updated stress testing - process overview Similar process to that used in 2008 and SCAP processes; updated for actual performance and current economic expectations Moody’s “Base” and “Weaker Recovery/Mild Second Recession” scenarios key economic assumptions Commercial — 33 geographic/industry sectors analyzed and regressed against economic and performance drivers — Migration trends from criticized to nonaccrual and charge-off evaluated by region and industry Consumer — Portfolios subdivided into appropriate categories (i.e. liquidating vs. non- liquidating home equity) — Results derived using combination of regression models, loss curves and roll rates, and applied economic factors – Mortgage and home equity key correlation: HPI – Credit card key correlation: unemployment – Other consumer key correlations: unemployment and GDP Base Adverse Economic Assumptions* 2010 2010 Peak Unemployment 10.3% 11.4% GDP 2.4% 0.3% Avg. change in quarterly HPI (1.8%) (2.7%) * Moody’s Economy.com; as of March 2010 |
 6 Fifth Third Bank | All Rights Reserved Fifth Third Bank: Strongly capitalized Data as of 1Q10. Source: SNL Financial. Fifth Third Bank is the most well-capitalized large U.S. bank. Tier 1 Total Capital Capital Ratio Ratio Lead Banks 1Q10 Lead Banks 1Q10 Fifth Third Bank 13.9% Fifth Third Bank 15.9% CitiBank, NA 13.6% CitiBank, NA 15.5% BB&T (Bank) 12.3% PNC Bank, National Association 15.1% PNC Bank, National Association 11.5% BB&T (Bank) 14.8% Regions Bank 10.6% KeyBank National Association 14.4% Bank of America, National Association 10.5% JPMorgan Chase Bank, National Association 14.1% Capital One, National Association 10.3% Bank of America, National Association 14.0% Wells Fargo Bank, National Association 10.2% Regions Bank 13.9% KeyBank National Association 10.2% Comerica Bank 13.7% JPMorgan Chase Bank, National Association 10.0% Wells Fargo Bank, National Association 13.3% Comerica Bank 9.6% M&I Marshall and Illsey Bank 12.8% M&I Marshall and Illsey Bank 9.2% SunTrust Bank 12.2% SunTrust Bank 8.9% Manufacturer's and Traders Bank 12.0% Manufacturer's and Traders Bank 8.2% Capital One, National Association 11.7% U.S. Bank National Association 7.6% Huntington Bancshares, NA 11.5% Huntington Bancshares, NA 7.1% U.S. Bank National Association 11.4% Peer Average 10.0% Peer Average 13.4% |
 7 Fifth Third Bank | All Rights Reserved Industry leading reserve levels Reserves / NPAs Reserves / Loans Data as of 1Q10. Source: SNL Financial and company reports. NPLs and NPAs exclude loans held-for-sale. Reserves / Net Charge-offs (Annualized) Reserves / NPLs Peer average: 3.2% Peer average: 141% Peer average: 90% Peer average: 78% 4.9% 4.3% 4.1% 4.0% 3.6% 3.6% 3.4% 3.2% 2.8% 2.8% 2.7% 2.4% 1.8% FITB KEY ZION HBAN RF MI PNC WFC USB STI BBT CMA MTB 150% 139% 117% 94% 92% 92% 86% 85% 84% 80% 76% 67% 61% USB FITB KEY BBT PNC WFC RF CMA HBAN MI ZION MTB STI 131% 122% 109% 81% 80% 79% 77% 74% 64% 64% 62% 61% 54% USB FITB KEY PNC WFC CMA HBAN RF ZION MI MTB BBT STI 236% 192% 174% 161% 155% 143% 143% 118% 116% 115% 114% 97% 89% MTB PNC ZION FITB HBAN BBT CMA WFC KEY USB RF STI MI |
 8 Fifth Third Bank | All Rights Reserved 1Q10 net charge off and NPA ratios Fifth Third Bank key credit metrics have moved in line with other large U.S. banks Data as of 1Q10. Source: SNL Financial and company reports. Bank 1Q10 NCO Ratio Bank 1Q10 NPA Ratio M&T Bank Corporation 0.7% U.S. Bancorp 2.3% Comerica Incorporated 1.7% JPMorgan Chase & Co. 2.7% PNC Financial Services Group, Inc. 1.8% M&T Bank Corporation 2.8% BB&T Corporation 1.9% Comerica Incorporated 3.1% Zions Bancorporation 2.3% Bank of America Corporation 3.7% U.S. Bancorp 2.4% Fifth Third Bancorp 4.0% Huntington Bancshares Incorporated 2.6% Wells Fargo & Company 4.0% Wells Fargo & Company 2.7% PNC Financial Services Group, Inc. 4.1% SunTrust Banks, Inc. 2.9% Citigroup Inc. 4.2% Fifth Third Bancorp 3.0% KeyCorp 4.3% Regions Financial Corporation 3.2% BB&T Corporation 4.4% KeyCorp 3.7% Regions Financial Corporation 5.2% Marshall & Ilsley Corporation 3.9% Huntington Bancshares Incorporated 5.2% Bank of America Corporation 4.4% SunTrust Banks, Inc. 5.3% JPMorgan Chase & Co. 4.4% Marshall & Ilsley Corporation 5.6% Citigroup Inc. 4.6% Zions Bancorporation 6.4% Capital One Financial Corporation 6.1% Capital One Financial Corporation N/A Top U.S. Bank Average 3.1% Top U.S. Bank Average 4.2% |
 9 Fifth Third Bank | All Rights Reserved Portfolio performance drivers Performance Largely Driven By No Participation In Discontinued or Suspended Lending * Residential construction-related consumer mortgages intended to be held in portfolio until permanent financing complete. Jumbo mortgage originations currently being held due to market conditions. Geography • Florida and Michigan most stressed • Remaining Midwest and Southeast performance reflect economic trends Products • Homebuilder/developer charge-offs $81 million in 1Q10 – Total charge-off ratio 3.0% (2.4% ex-HBs) – Commercial charge-off ratio 3.1% (2.6% ex- HBs) • Brokered home equity charge-offs 6.2% in 1Q10 – Direct home equity portfolio 1.6% 1Q10 NCO Ratios Coml Cons Total FL/MI 5.5% 5.2% 5.3% Other 2.3% 2.1% 2.2% • Subprime • Option ARMs Discontinued in 2007 • Brokered home equity ($1.9B) Suspended in 2008 • Homebuilder/residential development ($1.3B) • Other non-owner occupied commercial RE excluding homebuilder/developer ($8.0B) Saleability • All mortgages originated for intended sale* Total 3.1% 2.9% 3.0% |
 10 Fifth Third Bank | All Rights Reserved Credit by portfolio* Net charge-offs by loan type Net charge-offs by geography *NPAs exclude loans held-for-sale. Ratios in above tables are subject to rounding. ($ in millions) C&I Commercial mortgage Commercial construction Commercial lease Total commercial Residential mortgage Home equity Auto Credit card Other consumer Total consumer Total loans & leases Loan balances $26,131 $11,744 $3,277 $3,388 $44,541 $7,918 $12,186 $10,180 $1,863 $736 $32,882 $77,423 % of total 34% 15% 4% 4% 58% 10% 16% 13% 2% 1% 42% NPAs $788 $1,002 $569 $55 $2,414 $521 $70 $22 $101 $1 $715 $3,129 NPA / Loans + OREO 3.01% 8.43% 16.95% 1.62% 5.39% 6.48% 0.57% 0.22% 5.45% 0.12% 2.16% 4.02% Net charge-offs $161 $99 $78 $4 $342 $88 $73 $31 $44 $4 $240 $582 Net charge-off ratio 2.49% 3.42% 8.57% 0.44% 3.07% 4.46% 2.38% 1.27% 9.23% 2.07% 2.93% 3.01% |
 11 Fifth Third Bank | All Rights Reserved Non-performing assets and net charge-offs: Product view* * NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or transferred to held-for-sale in 4Q08. During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured terms. For comparability purposes, prior periods were adjusted to reflect this reclassification. Total NPAs Total NCOs |
 12 Fifth Third Bank | All Rights Reserved Total NPAs Total NCOs * NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or transferred to held-for-sale in 4Q08. During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured terms. For comparability purposes, prior periods were adjusted to reflect this reclassification. Non-performing assets and net charge-offs: Geographic view* |
 13 Fifth Third Bank | All Rights Reserved Nonperforming assets* • Total NPAs of $3.1B • Homebuilder/developer NPAs of $520M; represent 17% of total NPAs • Commercial NPAs of $2.4B; down 5% from the previous quarter • Consumer NPAs of $715M; up 1% from the previous quarter C&I^ (27%) CRE (50%) Residential (19%) Other Consumer (4%) Residential $590M 19% C&I^ $843M 27% Other $96M 4% CRE $1.6B 50% ^ C&I includes commercial lease ILLINOIS INDIANA FLORIDA TENNESSEE KENTUCKY OHIO MICHIGAN NORTH CAROLINA OTHER / NATIONAL * NPAs exclude loans held-for-sale. |
 14 Fifth Third Bank | All Rights Reserved Improving nonperforming loan flows Commercial ($ in millions) Beginning NPL amount $1,406 $1,937 $2,110 $2,430 $2,392 New nonaccrual loans 799 544 832 602 405 Paydowns, transfers, and sales (157) (190) (246) (332) (425) Charge-offs (111) (181) (266) (308) (200) Ending Commercial NPL $1,937 $2,110 $2,430 $2,392 $2,172 Consumer Beginning NPL amount $457 $459 $477 $517 $555 New nonaccrual loans 157 125 160 152 137 Net other activity (155) (107) (120) (114) (131) Ending Consumer NPL $459 $477 $517 $555 $561 Total Total NPL $2,396 $2,587 $2,947 $2,947 $2,733 Total new nonaccrual loans $956 $669 $992 $754 $542 $2,396 $2,587 $2,947 $2,733 NPL rollforward 1Q09 2Q09 3Q09 4Q09 1Q10 Total NPLs New non-accrual loan flows 1,937 2,110 2,430 2,392 2,172 459 477 517 555 561 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 1Q09 2Q09 3Q09 4Q09 1Q10 Commercial Consumer $2,947 $799 $544 $832 $602 $405 $157 $125 $160 $152 $137 $0 $200 $400 $600 $800 $1,000 1Q09 2Q09 3Q09 4Q09 1Q10 Total Commercial Consumer |
 15 Fifth Third Bank | All Rights Reserved Troubled debt restructurings (TDR) overview Successive improvement in vintage performance during 2008 and 2009, even as volume of modification increased Fifth Third’s mortgage portfolio TDRs have redefaulted at a lower rate than other bank held portfolio modifications — Fifth Third’s TDRs are about a third less likely to redefault than modifications on GSE mortgages Of $1.8B in consumer TDRs, over $1.3B (76%) are current — $940M of those have been current more than 6 months, approximately half of which have been current more than a year As current TDRs season, their default propensity declines significantly — We do not typically see significant defaults on current loans once a vintage approaches 12 months since modification Delinquent TDRs total $415M (24%) Of $1.8B in consumer TDRs, $1.5B are on accrual status and $271M are nonaccruals TDR performance has improved in newer vintages Outperforming redefault benchmarks Source: Fifth Third and OCC/OTS data; data through 3Q09; industry data cumulative through 3Q09 Mortgage TDR 60+ redefault trend by vintage 1Q08 $69M 2Q08 $135M 3Q08 $146M 4Q08 $176M 1Q09 $221M 2Q09 $257M Months since modification Mortgage TDR 60+ redefault rate: Fifth Third comparison (through Sept. 2009) Fannie Mae Industry portfolio loans Fifth Third Volume by vintage Freddie Mac 3Q09 $386M Current consumer TDRs ($ MMs) 0% 10% 20% 30% 40% 50% 3 4 5 6 7 8 9 10 11 12 0% 10% 20% 30% 40% 50% 60% 70% 3 months 6 months 9 months 12 months 448 617 416 208 62 <6 months 6-12 months 12-18 months 18-24 months 24+ months |
  16 Fifth Third Bank | All Rights Reserved Commercial & industrial* Loans by geography Credit trends Loans by industry Comments • 32% of 1Q10 losses on loans to companies in real estate related industries – Loans to real estate related industries of $3.2B; 1Q10 NCO ratio of 6.6% – 1Q10 C&I loss rate of 2.5%, excluding loans to real estate related industries, 1.9% • FL represented 16% of 1Q10 losses, 7% of loans; MI represented 27% of losses, 15% of loans * NPAs exclude loans held-for-sale. ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $28,617 $28,409 $26,175 $25,683 $26,131 90+ days delinquent $131 $142 $256 $118 $63 as % of loans 0.46% 0.50% 0.98% 0.46% 0.24% NPAs $675 $634 $790 $781 $788 as % of loans 2.36% 2.23% 3.02% 3.04% 3.02% Net charge-offs $103 $177 $256 $183 $162 as % of loans 1.45% 2.53% 3.70% 2.81% 2.49% C&I 16 Fifth Third Bank | All Rights Reserved |
 17 Fifth Third Bank | All Rights Reserved Commercial mortgage* Loans by geography Credit trends Loans by industry Comments • Owner occupied 1Q10 NCO ratio of 2.1%, other non-owner occupied 1Q10 NCO ratio of 4.5% • In 4Q08 reduced problem assets in most stressed markets (FL and MI) through portfolio actions • Loans from FL/MI represented 40% of total loans, 53% of total losses in 1Q10 ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $12,560 $12,407 $12,105 $11,803 $11,744 90+ days delinquent $124 $131 $184 $59 $44 as % of loans 0.99% 1.06% 1.52% 0.50% 0.38% NPAs $718 $791 $968 $985 $1,002 as % of loans 5.72% 6.37% 8.00% 8.34% 8.53% Net charge-offs $77 $85 $118 $142 $99 as % of loans 2.50% 2.73% 3.82% 4.69% 3.42% Commercial mortgage * NPAs exclude loans held-for-sale. |
 18 Fifth Third Bank | All Rights Reserved Commercial construction* Accomodation 1% Auto Retailers 0% Finance & insurance 3% Construction 33% Manufacturing 1% Real estate 49% Retail Trade 1% Other 11% Wholesale Trade 1% Loans by geography Credit trends Loans by industry Comments • Owner occupied 1Q10 NCO ratio of 4.6%, other non-owner occupied 1Q10 NCO ratio of 9.7% • In 4Q08 reduced problem assets in most stressed markets (FL and MI) through portfolio actions • Loans from FL/MI represented 29% of total loans, 40% of total losses in 1Q10 ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $4,745 $4,491 $4,147 $3,784 $3,277 90+ days delinquent $49 $60 $168 $16 $9 as % of loans 1.02% 1.34% 4.04% 0.44% 0.28% NPAs $597 $735 $751 $707 $569 as % of loans 12.59% 16.36% 18.11% 18.68% 17.36% Net charge-offs $76 $79 $126 $135 $78 as % of loans 6.21% 6.76% 11.56% 13.28% 8.57% Commercial construction * NPAs exclude loans held-for-sale. MI 11% OH 32% IN 6% KY 3% TN 4% NC 7% FL 18% IL 10% Other 9% |
 19 Fifth Third Bank | All Rights Reserved Homebuilders/developers* Loans by geography Credit trends Loans by industry Comments • Currently making no new loans to builder/developer sector • Residential & land valuations under continued stress • 3% of commercial loans; 2% of total loans • Balance by product approximately 39% Construction, 47% Mortgage, 14% C&I MI 17% OH 23% IN 7% IL 5% KY 4% TN 4% NC 15% Other 3% FL 22% C&I 14% Commercial construction 39% Commercial mortgage 47% ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $2,322 $2,102 $1,846 $1,563 $1,324 90+ days delinquent $37 $53 $79 $19 $6 as % of loans 1.59% 2.51% 4.29% 1.19% 0.43% NPAs $554 $613 $600 $548 $520 as % of loans 23.87% 29.14% 32.51% 35.09% 39.28% Net charge-offs $64 $76 $108 $110 $81 as % of loans 10.73% 14.06% 21.92% 26.25% 22.89% Homebuilders/developers * NPAs exclude loans held-for-sale. |
 20 Fifth Third Bank | All Rights Reserved Residential mortgage 1 liens: 100% ; weighted average LTV: 78% Weighted average origination FICO: 724 Origination FICO distribution: <660 11%; 660-689 8%; 690-719 12%; 720-749 14%; 750+ 31%; Other ^ 24% (note: loans <660 includes CRA loans and FHA/VA loans) Origination LTV distribution: <=70 26%; 70.1-80 41%; 80.1-90 11%; 90.1-95 6%; >95% 16% Vintage distribution: 2010 2%; 2009 6%; 2008 13%; 2007 16%; 2006 15%; 2005 24%; 2004 and prior 24% % through broker: 13%; performance similar to direct Loans by geography Credit trends Portfolio details Comments FL portfolio 28% of loans driving 53% of total losses FL lots ($260M) running at 29% annualized loss rate (YTD) Mortgage company originations targeting 95% salability ^ Includes acquired loans where FICO at origination is not available During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured terms. For comparability purposes, prior periods were adjusted to reflect this reclassification. ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $8,875 $8,489 $8,229 $8,035 $7,918 90+ days delinquent $231 $242 $198 $189 $157 as % of loans 2.60% 2.85% 2.41% 2.35% 1.98% NPAs $475 $475 $484 $523 $521 as % of loans 5.35% 5.59% 5.89% 6.51% 6.57% Net charge-offs $75 $112 $92 $78 $88 as % of loans 3.27% 5.17% 4.38% 3.82% 4.46% Residential mortgage st |
   21 Fifth Third Bank | All Rights Reserved Home equity 1 liens: 29%; 2 liens: 71% Weighted average origination FICO: 757 Origination FICO distribution: <660 4%; 660-689 8%; 690-719 13%; 720-749 17%; 750+ 49%; Other 10% Average CLTV: 75% Origination CLTV distribution: <=70 43%; 70.1-80 23%; 80.1-90 17%; 90.1-95 6%; >95 10% Vintage distribution: 2010 1%; 2009 5%; 2008 11%; 2007 12%; 2006 16%; 2005 15%; 2004 and prior 41% % through broker channels: 16% WA FICO: 739 brokered, 760 direct; WA CLTV: 90% brokered; 73% direct Portfolio details Comments Brokered loans by geography Direct loans by geography Credit trends Approximately 16% of portfolio in broker product driving approximately 40% total loss Approximately one third of Fifth Third 2 liens are behind Fifth Third 1 liens Sequential improvement generally due to lower losses in FL 2005/2006 vintages represent 31% of portfolio; account for 56% of losses Aggressive home equity line management strategies in place Note: Brokered and direct home equity net charge-off ratios are calculated based on end of period loan balances ^ Includes acquired loans where FICO at origination is not available MI 21% OH 33% IN 9% IL 13% KY 8% Other 1% FL 9% NC 5% TN 1% MI 21% OH 25% IN 10% IL 11% KY 7% Other 20% FL 3% NC 1% TN 2% ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $2,225 $2,125 $2,028 $1,948 $1,906 90+ days delinquent $42 $34 $38 $33 $29 as % of loans 1.91% 1.58% 1.87% 1.72% 1.53% Net charge-offs $30 $39 $30 $34 $30 as % of loans 5.46% 7.41% 5.96% 7.02% 6.31% Home equity - brokered ($ in millions) 1Q09 2Q09 3Q09 4Q09 1Q10 Balance $10,486 $10,386 $10,349 $10,226 $10,280 90+ days delinquent $61 $63 $66 $65 $60 as % of loans 0.59% 0.61% 0.64% 0.64% 0.58% Net charge-offs $42 $49 $49 $48 $43 as % of loans 1.62% 1.91% 1.89% 1.85% 1.65% Home equity - direct st nd nd st |
  22 Fifth Third Bank | All Rights Reserved Florida market* Deterioration in real estate values having effect on credit trends as evidenced by increasing NPA/NCOs in real estate related products Homebuilders, developers tied to weakening real estate market Losses due to significant declines in valuations Valuations; relatively small home equity portfolio COML MORTGAGE C&I RESI MORTGAGE OTHER CONS COML CONST COML LEASE HOME EQUITY AUTO CREDIT CARD Total Loans NPAs NCOs * NPAs exclude loans held-for-sale. ($ in millions) Loans (bn) % of FITB NPAs (mm) % of FITB NCOs (mm) % of FITB Commercial loans 1.7 7% 128 16% 27 16% Commercial mortgage 1.5 13% 295 29% 20 20% Commercial construction 0.6 18% 174 31% 16 21% Commercial lease 0.0 1% 2 4% - 0% Commercial 3.9 9% 599 25% 63 18% Mortgage 2.2 28% 271 52% 46 53% Home equity 1.0 8% 6 9% 11 15% Auto 0.5 5% 2 8% 4 12% Credit card 0.1 6% 7 7% 5 12% Other consumer 0.0 2% 0 22% 0 9% Consumer 3.8 12% 286 40% 67 28% Total 7.7 10% 885 28% 130 22% |
  23 Fifth Third Bank | All Rights Reserved Michigan market* Deterioration in home price values coupled with weak economy impacting credit trends due to frequency of defaults and severity Homebuilders, developers tied to weak real estate market Negative impact from housing valuations, economy, unemployment Economic weakness impacts commercial real estate market COML MORTGAGE C&I RESI MORTGAGE OTHER CONS COML CONST COML LEASE HOME EQUITY AUTO CREDIT CARD Total Loans NPAs NCOs * NPAs exclude loans held-for-sale. ($ in millions) Loans (bn) % of FITB NPAs (mm) % of FITB NCOs (mm) % of FITB Commercial loans 3.9 15% 143 18% 44 27% Commercial mortgage 3.2 27% 218 22% 33 33% Commercial construction 0.4 11% 51 9% 15 19% Commercial lease 0.2 6% 9 16% 2 0% Commercial 7.7 17% 421 17% 94 27% Mortgage 1.1 14% 51 10% 13 15% Home equity 2.6 21% 22 32% 21 28% Auto 1.0 10% 4 16% 3 11% Credit card 0.3 16% 23 22% 8 19% Other consumer 0.1 10% 0 11% 1 13% Consumer 5.1 16% 100 14% 46 19% Total 12.8 16% 521 17% 140 24% |
 24 Fifth Third Bank | All Rights Reserved Deposit share momentum Source: FDIC, SNL Financial; branches included are full service retail / brick and mortar; data excludes headquarters branches with over $250 million in deposits. • Continued focus on customer satisfaction and building full relationships has given strong momentum to the retail network • Fifth Third grew deposits in 15 of 16 affiliate markets in 2009 – Modest attrition in North Carolina acquisition market • Fifth Third grew deposit market share in 75% of affiliate markets in 2009 Affiliate 5/3 Deposit (08-09) 5/3 Market Share Name Deposit ($) (%) Share 2009 2008 Chicago 788,601 9.8% 4.0% 3.8% Northeastern Ohio 606,708 17.0% 4.2% 3.8% South Florida 579,342 21.1% 3.1% 2.8% Eastern Michigan 418,525 11.9% 5.4% 5.0% Central Florida 338,091 28.9% 3.0% 2.5% Tampa 334,080 24.5% 3.5% 3.1% Central Ohio 213,971 5.6% 11.1% 11.2% Cincinnati 212,656 2.2% 21.5% 21.9% Southern Indiana 195,169 8.6% 4.1% 4.0% Louisville 194,593 13.0% 8.9% 8.2% Northwestern Ohio 177,122 7.5% 16.2% 15.4% Western Michigan 149,252 2.1% 18.4% 18.4% Tennessee 142,615 12.8% 3.5% 3.3% Central Indiana 139,354 4.7% 8.4% 8.3% Central Kentucky 2,608 0.3% 8.1% 8.7% North Carolina (113,631) -4.4% 4.8% 5.3% |
 Liability mix and pricing discipline drive strong net interest income/NIM results • Strong, deposit rich core funding mix supports relatively low cost of funds – Low reliance on wholesale funding • Continued pricing discipline on commercial loans, consistent with market trends toward better risk-adjusted spreads – C&I spreads over 1-month LIBOR have increased more than 150 bps in the past two years Source: SNL and company reports. Cost of Funds defined as interest incurred on interest-bearing liabilities as a percentage of average noninterest-bearing deposits and interest-bearing liabilities; Transaction deposits defined as DDA, NOW and Savings/MMDA accounts. Avg. Transaction Deposits / Avg. Liabilities C&I Spread to 1-month LIBOR 1Q10 Cost of Funds Peer Comparison Peer average 1.08% Peer average 57% 25 Fifth Third Bank | All Rights Reserved |
 26 Fifth Third Bank | All Rights Reserved Cautionary statement This report may contain statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K and our most recent quarterly report on Form 10-Q. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us. There are a number of important factors that could cause future results to differ materially from historical performance and these forward- looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and weakening in the economy, specifically the real estate market, either nationally or in the states in which Fifth Third, one or more acquired entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) maintaining capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third (10) competitive pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies; (13) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged; (14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties in separating Fifth Third Processing Solutions from Fifth Third; (21) loss of income from any sale or potential sale of businesses that could have an adverse effect on Fifth Third’s earnings and future growth; (22) ability to secure confidential information through the use of computer systems and telecommunications networks; and (23) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity. You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements. |