Exhibit 12.1
Fifth Third Bancorp
Computations of Consolidated Ratios Of Earnings To Fixed Charges
($ In Millions)
| Three Months Ended 9/30/2010 | Nine Months Ended 9/30/2010 | |||||||
Excluding Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense (excluding interest on deposits) | $ | 73 | $ | 222 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 20 | ||||||
Total Fixed Charges | 80 | 242 | ||||||
Earnings: | ||||||||
Income Before Income Taxes | $ | 303 | $ | 523 | ||||
Fixed Charges | 80 | 242 | ||||||
Total Earnings | 383 | 765 | ||||||
Ratio of Earnings to Fixed Charges, Excluding | ||||||||
Interest On Deposits | 4.78x | 3.16x | ||||||
Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 214 | $ | 695 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 20 | ||||||
Total Fixed Charges | $ | 221 | $ | 715 | ||||
Earnings: | ||||||||
Income Before Income Taxes | $ | 303 | $ | 523 | ||||
Fixed Charges | 221 | 715 | ||||||
Total Earnings | $ | 524 | $ | 1,238 | ||||
Ratio of Earnings to Fixed Charges, Including | ||||||||
Interest On Deposits | 2.37x | 1.73x | ||||||