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 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 | ||||||
Preferred Stock Dividends | 51 | 154 | ||||||
Total Fixed Charges | 131 | 396 | ||||||
Earnings: | ||||||||
Income Before Income Taxes | $ | 303 | $ | 523 | ||||
Fixed Charges – Excluding Preferred Stock Dividends | 80 | 242 | ||||||
Total Earnings | 383 | 765 | ||||||
Ratio of Earnings to Fixed Charges, Excluding | ||||||||
Interest On Deposits | 2.91x | 1.93x | ||||||
Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 214 | $ | 695 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 20 | ||||||
Preferred Stock Dividends | 51 | 154 | ||||||
Total Fixed Charges | $ | 272 | $ | 869 | ||||
Earnings: | ||||||||
Income Before Income Taxes | $ | 303 | $ | 523 | ||||
Fixed Charges – Excluding Preferred Stock Dividends | 221 | 715 | ||||||
Total Earnings | $ | 524 | $ | 1,238 | ||||
Ratio of Earnings to Fixed Charges, Including | ||||||||
Interest On Deposits | 1.92x | 1.42x | ||||||