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 6/30/2010 | Six Months Ended 6/30/2010 | |||||
Excluding Interest on Deposits: | ||||||
Fixed Charges: | ||||||
Interest Expense (excluding interest on deposits) | $ | 73 | $ | 148 | ||
One-Third of Rents, Net of Income from Subleases | 7 | 13 | ||||
Preferred Stock Dividends | 51 | 103 | ||||
Total Fixed Charges | 131 | 264 | ||||
Earnings: | ||||||
Income Before Income Taxes | $ | 242 | $ | 220 | ||
Fixed Charges – Excluding Preferred Stock Dividends | 80 | 161 | ||||
Total Earnings | 322 | 381 | ||||
Ratio of Earnings to Fixed Charges, Excluding | ||||||
Interest On Deposits | 2.45x | 1.44x | ||||
Including Interest on Deposits: | ||||||
Fixed Charges: | ||||||
Interest Expense | $ | 234 | $ | 480 | ||
One-Third of Rents, Net of Income from Subleases | 7 | 13 | ||||
Preferred Stock Dividends | 51 | 103 | ||||
Total Fixed Charges | $ | 292 | $ | 596 | ||
Earnings: | ||||||
Income Before Income Taxes | $ | 242 | $ | 220 | ||
Fixed Charges – Excluding Preferred Stock Dividends | 241 | 493 | ||||
Total Earnings | $ | 483 | $ | 713 | ||
Ratio of Earnings to Fixed Charges, Including | ||||||
Interest On Deposits | 1.65x | 1.20x | ||||