Fifth Third Bancorp 8K Announces Second Quarter 2011 Net Income to Common Shareholders of $328 Million or $0.35 Per Share | FITB 21 Jul 11

2Q11 Earnings Conference Call

July 21, 2011

Please

refer

earnings

release

dated

July

21,

2011

for

further

information.

Exhibit 99.2

Cautionary statement

This report contains 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. 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, including the recently enacted Dodd-Frank Wall

Street Reform and Consumer Protection Act; (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 Vantiv, LLC, formerly 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.

2Q11 in review

Credit continuing to improve

•

Net charge-offs of $304mm (1.56% of loans and leases) declined

$63mm, or 17%, sequentially to lowest level since 1Q08

•

Total NPAs of $2.3B including held-for-sale declined $78mm or 3%

sequentially to

lowest levels since 2Q08

Total delinquencies down 9% sequentially (lowest level since

2006)

•

Provision expense of $113mm, reduction in allowance of $191mm

•

Loan loss allowance 3.35% of loans; coverage 125% of NPAs, 160% of

NPLs, and 2.1x

annualized second quarter net charge-offs

Actions driving progress

•

Focus on credit quality, portfolio management, and loss mitigation

strategies

•

Executing on customer experience and employee engagement

initiatives

•

Enhancing breadth and profitability of offerings and relationships

•

Exit from all crisis-era government programs

Continued strong operating results

•

Net income available to common shareholders of $328mm, or $0.35

per diluted share

•

Pre-provision net revenue^ of $619mm, up 14% sequentially and up

9% compared with prior year

•

Period end loans and leases* up $502mm (1%); average loans and

leases* up $301mm sequentially

•

1.2% ROA; 14% ROTCE

•

Strong capital ratios: Tier 1 common 9.2%, Tier 1 capital ratio 11.9%,

Total capital ratio 16.0%**

^ Pre-provision net revenue (PPNR): net interest income plus noninterest income minus noninterest expense and taxable equivalent adjustment

* Excluding loans held-for-sale

** Current period regulatory capital data ratios are estimated

Financial summary

•

2Q11 earnings of $0.35 per diluted share driven by strong noninterest income and improved credit results

•

1.2% return on average assets; 14% return on average tangible common equity

•

Average transaction deposits up 2%; core deposits up 1% sequentially reflecting continued CD runoff

•

Average loans* up 1% from 2Q10, reflecting strength in C&I and auto loans

Actual

Seq.

YOY

($ in millions)

2Q10

1Q11

2Q11

Average Balances

Commercial loans

$44,331

$43,410

$43,570

$160

($761)

(2%)

Consumer loans

32,642

34,226

34,367

141

1,725

Total loans & leases (excl. held-for-sale)

$76,973

$77,636

$77,937

$301

$964

Core deposits

$76,844

$77,524

$78,244

$720

$1,400

Income Statement Data

Net interest income (taxable equivalent)

$887

$884

$869

($15)

(2%)

($18)

(2%)

Provision for loan and lease losses

325

168

113

(55)

(33%)

(212)

(65%)

Noninterest income

620

584

656

12%

Noninterest expense

935

918

901

(17)

(2%)

(34)

(4%)

Net Income

$192

$265

$337

$72

27%

$145

75%

Net income available to common shareholders

$130

$88

$328

$240

272%

$198

153%

Pre-provision net revenue^

$567

$545

$619

$74

14%

$52

Earnings per share, basic

$0.16

$0.10

$0.36

$0.26

260%

$0.20

125%

Earnings per share, diluted

$0.16

$0.10

$0.35

$0.25

250%

$0.19

119%

Net interest margin

3.57%

3.71%

3.62%

(9bps)

(2%)

5bps

Return on average assets

0.68%

0.97%

1.22%

25bps

26%

54bps

79%

Return on average tangible common equity

7.4%

4.2%

14.0%

234%

89%

^ Pre-provision net revenue (PPNR): net interest income plus noninterest income minus noninterest expense and taxable equivalent adjustment

* Excluding loans held-for-sale

Net interest income

NII and NIM (FTE)

•

Sequential net interest income and net interest margin (FTE) trends reflected lower mortgage

warehouse balances, lower LIBOR rates and loan spreads, and a flatter yield curve

–

NII down $15mm, or 2%, sequentially and down $18mm, or 2%, year-over-year

–

NIM down 9 bps sequentially and up 5 bps year-over-year

•

Yield on interest-earning assets declined 10 bps sequentially and 14 bps year-over-year

–

Investment

excess

cash

bankers

acceptances

($555mm,

$142mm

sequentially)

reduces reported C&I loan yields by ~6bps

* Represents purchase accounting adjustments included in net interest income.

Yield Analysis

Interest-earning assets

2Q10

1Q11

2Q11

Seq.

(bps)

YoY

(bps)

Commercial and industrial loans

4.75%

4.45%

4.35%

(10)

(40)

Commercial mortgage loans

4.10%

4.11%

4.00%

(11)

(10)

Commercial construction loans

3.15%

3.01%

(14)

Commercial leases

4.51%

4.17%

4.06%

(11)

(45)

Residential mortgage loans

4.77%

4.67%

4.54%

(13)

(23)

Home equity

4.01%

3.96%

3.91%

(5)

(10)

Automobile loans

6.01%

5.10%

4.81%

(29)

(120)

Credit card

10.91%

10.43%

9.91%

(52)

(100)

Other consumer loans and leases

13.65%

18.54%

22.02%

348

837

Total loans and leases

4.86%

4.67%

4.54%

(13)

(32)

Taxable securities

3.93%

3.96%

3.97%

Tax exempt securities

6.98%

4.77%

6.41%

164

(57)

Other short-term investments

0.20%

0.25%

Total interest-earning assets

4.51%

4.47%

4.37%

(10)

(14)

Balance sheet

•

C&I loans up 2% sequentially and 7% from 2Q10

•

CRE loans down 3% sequentially and 17% from 2Q10

•

Consumer loans flat sequentially and up 5% from 2Q10

•

Warehoused residential mortgage loans held-for-sale were $1B

at quarter end versus $1.5B at 1Q11

Flat QoQ; +1% YoY

+1% QoQ; +2% YoY

•

Core deposit to loan ratio of 100%, flat from 2Q10

•

DDAs up 3% sequentially and 14% year-over-year

•

Retail average transaction deposits up 4% sequentially and 13%

from the previous year, driven by growth in demand deposit,

savings, and interest checking account balances

•

Commercial average transaction deposits down 2% sequentially

and up 1% from the previous year

Average loan growth ($B)^

Average core deposit growth ($B)

Average wholesale funding ($B)

•

Reduced wholesale funding by $2.5B from 2Q10

–

Non-core deposits down 6% sequentially and 38% from 2Q10

–

Short term borrowings flat sequentially and up 12% from

2Q10

–

Long-term debt up 3% sequentially and down 3% from 2Q10

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

Noninterest income

•

Noninterest income of $656mm increased $72mm, or 12%, from prior

quarter; driven by higher mortgage-related

revenue, corporate banking revenue, and card and processing revenue

–

Sequential and year-over-year increase in mortgage banking revenue primarily driven by net benefit of MSR

valuation adjustments

•

2Q11 debit interchange revenue of $60mm

–

2Q11 debit interchange $ volume: $4.5B (Signature $3.6B, PIN $0.9B)

–

2Q11 debit interchange transaction volume: 121mm (Signature 99mm, PIN 22mm)

•

Credit costs recorded in noninterest income:

Noninterest income

Note: Numbers may not sum due to rounding

Actual

($ in millions)

2Q10

1Q11

2Q11

Gain / (loss) on sale of loans

$17

Commercial loans HFS FV adjustment

(7)

(16)

(9)

Gain / (loss) on sale of OREO properties

(13)

(2)

(26)

Mortgage repurchase costs

(1)

(2)

Total credit-related revenue impact

($15)

($3)

($28)

Actual

Seq.

YOY

2Q10

1Q11

2Q11

($ in millions)

Service charges on deposits

$149

$124

$126

($23)

(16%)

Corporate banking revenue

11%

Mortgage banking revenue

114

102

162

58%

42%

Investment advisory services

(3)

(3%)

10%

Card and processing revenue

10%

Other noninterest income

(2)

(2%)

Securities gain (losses), net

(2)

(25%)

(2)

(25%)

Securities gains, net -

(5)

non-qualifying hedges on MSRs

Noninterest income

$620

$584

$656

$72

12%

$36

Noninterest expense

•

Noninterest expense of $901mm decreased $17mm, or 2%, compared with 1Q11, driven by a decrease in FICA and

unemployment costs partially offset by higher salaries, wages and incentives.

•

Credit costs recorded in noninterest expense:

Note: Numbers may not sum due to rounding

Actual

Seq.

YOY

2Q10

1Q11

2Q11

($ in millions)

Salaries, wages and incentives

$356

$351

$365

$14

Employee benefits

(18)

(19%)

Net occupancy expense

(2)

(3%)

Technology and communications

Equipment expense

(1)

(4%)

(3)

(9%)

Card and processing expense

(2)

(8%)

Other noninterest expense

326

290

277

(13)

(4%)

(49)

(15%)

Noninterest expense

$935

$918

$901

($17)

(2%)

($34)

(4%)

Actual

($ in millions)

2Q10

1Q11

2Q11

Mortgage repurchase expense

$18

$14

Provision for unfunded commitments

(6)

(16)

(14)

Derivative valuation adjustments

OREO expense

Other problem asset related expenses

Total credit-related operating expenses

$55

$32

$36

Pre-tax pre-provision earnings

Core PPNR trend

Pre-provision net revenue (PPNR): net interest income plus noninterest income minus noninterest expense and taxable equivalent adjustment

Core PPNR reconciliation

2Q10

3Q10

4Q10

1Q11

2Q11

Reported PPNR

$567

$760

$583

$545

$619

Adjustments remove (benefit) / detriment:

BOLI

(127)

Valuation of 2009 Visa total return swap

Securities (gains) / losses

(8)

(4)

(21)

(8)

(6)

Other litigation reserve expense

FTPS warrants + puts

(10)

(3)

(29)

Extinguishment (gains) / losses

(3)

(6)

Adjusted PPNR

$552

$634

$581

$545

$582

Credit-related items:

In noninterest income

In noninterest expense

Credit-adjusted PPNR

$622

$743

$668

$581

$646

•

Reported PPNR of $619mm up 14% from 1Q11 levels and up 9% over prior year reflecting

improved noninterest income and noninterest expense, partially offset by a decrease in

net interest income

•

Adjusted PPNR of $582mm, including negative adjustments totaling $37mm, resulting in

sequential increase of 7% and year-over-year increase of 5%

Strong capital position

Strong capital ratios under Basel I; estimated Basel III Tier 1 common ratio of 9.6%*

Tangible common equity ratio^

Tier I common equity

Tier I capital ratio

Total risk-based capital ratio

Current period regulatory capital data ratios are estimated.

^ Tangible common equity ratio excluding (dark blue) and including (light blue) unrealized securities gains / losses after-tax

* Estimate, subject to final rule-making and clarification by U.S. banking regulators; currently assumes unrealized securities gains are included in common equity for purposes of this calculation

Net charge-offs

Net charge-offs by loan type

Net charge-offs by geography

$434

Net charge-offs ($mm)

$956

$356

NCOs

due to

3Q10

credit

actions

$mm

Commercial

$141

46%

Consumer

$163

54%

Total

$304

100%

$367

Actual

Seq.

YOY

($ in millions)

2Q10

1Q11

2Q11

C&I

$104

$83

$76

($7)

(8%)

($28)

(27%)

Commercial mortgage

(7)

(13%)

(31)

(40%)

Commercial construction

(6)

(23%)

(23)

(53%)

Commercial lease

(2)

(3)

(300%)

(2)

Commercial

$225

$164

$141

($23)

(14%)

($84)

(37%)

Residential mortgage loans

(29)

(45%)

(49)

(58%)

Home equity

(9)

(14%)

(7)

(11%)

Automobile

(12)

(60%)

(12)

(60%)

Credit card

(3)

(10%)

(14)

(33%)

Other consumer

54%

Consumer

$209

$203

$163

($40)

(20%)

($46)

(22%)

Total net charge-offs

$434

$367

$304

($63)

(17%)

($130)

(30%)

Year-over-year charge-offs down significantly due to improving credit trends and effect of 3Q10 credit actions

$mm

Florida

$68

22%

Michigan

17%

Subtotal

$118

39%

Other

185

61%

Total

$304

100%

Nonperforming assets

•

NPAs of $2.1B excluding held-for-sale down

30% year-over-year

•

Commercial NPAs of $1.6B, down 29% from

the previous year

–

Homebuilder / developer NPAs of

$243mm; represent 15% of total

commercial NPAs

•

Consumer NPAs of $476mm, down 32% from

the previous year

•

NPAs in held-for-sale of $176mm

C&I / Lease

$662mm, 32%

CRE

$950mm, 45%

Residential

$410mm, 20%

Other Consumer

$66mm, 3%

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

NPAs exclude loans held-for-sale.

Nonperforming assets ($mm)

Nonperforming assets continue to improve

NPL Rollforward

Significant improvement in NPL inflows over past two years

Consumer NPL inflows restated to conform with call report guidelines

NPL

HFI

Rollforward

Commercial

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

4Q10

1Q11

2Q11

Beginning NPL Amount

1,937

2,110

2,430

2,392

2,172

1,980

1,261

1,214

1,211

New nonaccrual loans

544

832

602

405

310

290

224

299

309

Paydowns, payoffs, sales and net other activity

(190)

(246)

(332)

(425)

(402)

(630)

(168)

(199)

(177)

Charge-offs

(181)

(266)

(308)

(200)

(100)

(379)

(103)

(90)

Ending Commercial NPL

2,110

2,430

2,392

2,172

1,980

1,261

1,214

1,211

1,253

Consumer

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

4Q10

1Q11

2Q11

Beginning NPL Amount

459

477

517

555

561

550

323

466

434

New nonaccrual loans

157

166

193

170

238

182

283

153

140

Net other activity

(139)

(126)

(155)

(164)

(249)

(409)

(140)

(185)

(188)

Ending Consumer NPL

477

517

555

561

550

323

466

434

386

Total NPL

2,587

2,947

2,733

2,530

1,584

1,680

1,645

1,639

Total

new

nonaccrual

loans

HFI

701

998

795

575

548

472

507

452

449

Non-performing loans

Non-performing loans ($mm)

$2.5B

$1.6B

Non-performing loans improving with lower

severity mix; benefit of sales/transfers

$1.6B

Fifth Third’s non-performing loan inflows (relative to loans) have been

proportionally lower than peers

FITB NPL inflows (relative to loans) vs. peers

FITB

Source: SNL Financial and company filings. Peers include: BAC, BBT, C, CMA, HBAN, JPM, KEY, MTB, PNC, RF, STI, USB, and WFC

New HFI non-performing loan flows ($mm)

NPL inflows down significantly

$1.7B

* 3Q10 inflows into NPLs HFS were $217mm, reflecting performing loans moved to held-for-sale in 3Q10 that were deemed impaired as a result of the decision to sell these loans

See slide 13 for more information

Consumer NPL inflows restated to conform with call report guidelines

$1.6B

FITB

ex-HFS

Troubled debt restructurings overview

Successive improvement in vintage performance during

2008 and 2009 as volume of modification increased

Fifth Third’s mortgage portfolio TDRs have redefaulted

at a lower rate than GSE composites

Of $1.8B in consumer TDRs, $1.6B were on accrual

status and $211mm were nonaccruals

—

$1.1B of TDRs are current and have been on the

books 6 or more months; within that, nearly

$920mm of TDRs are current and have been on

the books for more than a year

As current TDRs season, their default propensity

declines significantly

—

We see much lower defaults on current loans after

a vintage approaches 12 months since

modification

TDR performance has improved in newer vintages

Outperforming redefault benchmarks

Source: Fifth Third and OCC/OTS data through 4Q10

Mortgage TDR 60+ redefault trend by vintage*

1Q08 4%

2Q08 7%

3Q08 8%

4Q08 9%

1Q09 12%

2Q09 13%

Months since modification

Mortgage TDR 60+ redefault rate: Fifth Third comparison

(January 1, 2008 through March 2011)*

Fannie Mae

Industry

portfolio loans

Fifth Third

Volume by

vintage

Freddie Mac

3Q09 13%

$1.3B current consumer TDRs (%)

4Q09 8%

2008

2009

1Q10 7%

2Q10 5%

* Fifth Third data includes changes made to align with OCC/OTS methodology (i.e. excludes government loans, closed loans and OREO from calculations)

2010

$1.1

billion

Strong relative credit trends

FITB credit metrics are now generally better than peers

Loans 90+ days delinquent % vs. peers

Loans 30-89 days delinquent % vs. peers

NPA ratio vs. peers

Net charge-off ratio vs. peers

Peer average includes: BBT, CMA, HBAN, KEY, MTB, PNC, RF, STI, USB, WFC, and ZION

Source: SNL Financial and company filings. NPA and NCO ratios exclude loans held-for-sale and covered assets for peers where appropriate.

* 4Q08 NCOs included $800mm in NCOs related to commercial loans moved to held-for-sale; 3Q10 NCOs included $510mm in NCOs related to loans sold or moved to held-for-sale

Strong reserve position

Peer

average

includes:

BBT,

CMA,

HBAN,

KEY,

MTB,

PNC,

RF,STI,

USB,

WFC,

and

ZION

Source: SNL and company reports. NPAs / NPLs exclude held-for-sale portion for all banks as well as covered assets for BBT, USB, and ZION

2Q11 coverage ratios strong

relative to peers (1Q11)

Industry leading reserve levels

Fifth Third

(2Q11)

Peer Average

(1Q11)

Well-positioned for the future

•

Holding company cash currently sufficient for nearly 2 years of obligations; no holding company or Bank debt

maturities until 2013

•

Fifth Third has completely exited all crisis-era government support programs

–

Fifth Third is one of the few large banks that have no TLGP-guaranteed debt to refinance in 2012

Superior capital and liquidity position

•

NCOs below 1.6%; 2.1x reserves / annualized NCOs

•

$1.2B problem assets addressed through loan sales and transfer to HFS in 3Q10

•

Substantial reduction in exposure to CRE since 1Q09; relatively low CRE exposure versus peers

Proactive approach to risk management

•

Traditional commercial banking franchise built on customer-oriented localized operating model

•

Strong market share in key markets with focus on further improving density

•

Fee income ~40% of total revenues

Diversified traditional banking platform

•

PPNR has remained strong throughout the credit cycle

•

PPNR substantially exceeds annual net charge-offs (204% PPNR / NCOs in 2Q11)

•

1.2% ROAA; 14% return on average tangible common equity

Industry leader in earnings power

Appendix

Balance Sheet:

Average loans & leases

Average transaction deposits

Income Statement:

Net interest income*

Net interest margin*

Noninterest income

Noninterest expense

Pre-provision net revenue

ROA

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: Outlook

3Q11 Outlook

$77.9 billion

$71.5 billion

Up ~$20mm +/-

vs. 2Q11

Up ~5 bps vs. 2Q11

~$600mm+

Up ~$25mm vs. 2Q11

~$560-$570mm

~1.2%

Please see cautionary statement for risk factors related to forward-looking statements.

* Presented on a fully-taxable equivalent basis.

** Noninterest income forecast includes impact of Durbin amendment starting in October 2011. Debit interchange estimated to be $30 million in Q4 2011 vs. $55 million in Q4 2010

^ Ratio as a percent of loans excluding held-for-sale; allowance expectation assumes current expectation for credit and economic trends and is subject to review at quarter-end.

^^ Annualized net charge-offs as a percentage of average loans and leases

# Current period regulatory capital data ratios are estimated

2Q11 Actual

Outlook as of July 21, 2011

Modest growth vs. 2Q11

Down ~$50mm

Lower vs. 2Q11

Building

$869 million

3.62%

$656 million

$901 million

$619 million

1.2%

9.2%

11.0%

11.9%

16.0%

$304 million (1.56%^^)

$2.6 billion (3.35%)

$2.1 billion (2.66%)

2H11 Outlook

Up vs. 3Q11

~3.70% in 4Q11

Similar to 3Q11

Modest growth

<1.25%^^ in 4Q11

Building

2011

2012

2013

2014

2015

2016

2017 on

Fifth Third Bancorp

Fifth Third Capital Trust

$4,313

$750

Retail Brokered CD maturities: $121mm in 2011; $42mm in 2012

Readily available borrowing capacity at FHLB: $6.1B; Contingent

borrowing capacity at the Fed: $20.8B

FHLB borrowings $2.8B; 2Q avg core deposits $78B; equity $12B

Holding Company cash at 6/30/11: $1.3B

Expected cash obligations over the next 12 months

—

$0 debt maturities

—

~$221mm common dividends (at $0.06 dividend)

—

~$35mm Series G preferred dividends

—

~$450mm interest and other expenses

Cash currently sufficient to satisfy all fixed obligations for nearly 2

years (debt maturities, common and preferred dividends, interest

and other expenses) without accessing capital markets; relying on

dividends from subsidiaries; proceeds from asset sales

Holding company unsecured debt maturities ($mm)

Bank

unsecured

debt

maturities

($mm

–

excl.

Brokered

CDs)

Heavily core funded

$1,250

Strong liquidity profile

Mortgage repurchase overview

Demand requests and repurchase losses remain

volatile; near-term repurchase losses are expected to

remain somewhat elevated

Virtually all sold loans and new claims relate to

agencies

—

98% of outstanding balance of loans sold

—

87% of currently outstanding claims

Majority of outstanding balances of the serviced for

others portfolio relates to origination activity in 2009

and later

Private claims and exposure relate to whole loan sales

(no outstanding first mortgage securitizations)

—

Preponderance of private sales prior to 2006

Repurchase Reserves* ($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Beginning balance

$84

$85

$103

$101

$87

Net reserve additions

Repurchase losses

(18)

(29)

(23)

(22)

Ending balance

$85

$103

$101

$87

$80

Outstanding Counterparty Claims ($ in millions)

Outstanding Balance of Sold Loans ($ in millions)

2005 and prior

GSE

GNMA

Private

Total

$8,388

$318

$613

$9,319

2006

1,915

289

2,271

2007

3,119

252

3,470

2008

3,248

774

4,024

2009 and later

28,677

8,264

36,942

Total

$45,348

$9,522

$1,155

$56,025

Includes

reps

and

warranty

reserve

($60mm)

and

reserve

for

loans

sold

with

recourse

($20mm)

Non-performing assets and net charge-offs:

Product view*

Total NPAs

Total NCOs

*NPAs exclude loans held-for-sale.

3Q10 NCOs exclude $510mm loans sold of moved to held-for-sale in 3Q10

Total NPAs

Total NCOs

Non-performing assets and net charge-offs:

Geographic view*

*NPAs exclude loans held-for-sale.

3Q10 NCOs exclude $510mm loans sold of moved to held-for-sale in 3Q10

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & Industrial loans represented 36% of total loans

and 25% of net charge-offs

•

21% of 2Q11 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $2.8B (10%);

2Q11 NCO ratio of 2.22%

•

represented

2Q11

losses,

loans;

represented

20% of losses, 12% of loans

* NPAs exclude loans held-for-sale.

3Q10 includes losses on loans transferred to held-for-sale

Non-core:

$108

Core:

$129

Core NCO Rate:

1.94%

3Q10 NCO Breakout

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$26,008

$26,302

$27,191

$27,344

$28,099

90+ days delinquent

$49

$28

$16

as % of loans

0.19%

0.11%

0.06%

0.03%

0.02%

Avg Loans

$26,176

$26,344

$26,338

$27,331

$27,909

NPAs

$792

$594

$612

$620

$638

as % of loans

3.05%

2.26%

2.25%

2.27%

Net charge-offs

$104

$237

$85

$83

$76

as % of loans

1.58%

3.57%

1.27%

1.22%

1.10%

C&I

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$11,481

$10,985

$10,845

$10,510

$10,233

90+ days delinquent

$53

$29

$11

$12

as % of loans

0.46%

0.26%

0.10%

0.08%

0.11%

Avg Loans

$11,659

$11,375

$10,985

$10,685

$10,394

NPAs

$956

$679

$696

$710

as % of loans

8.33%

6.19%

6.26%

6.63%

6.94%

Net charge-offs

$78

$268

$79

$54

$47

as % of loans

2.68%

9.34%

2.86%

2.04%

1.83%

Commercial mortgage

Commercial mortgage*

Loans by geography

Credit trends

Loans by industry

Comments

* NPAs exclude loans held-for-sale.

3Q10 includes losses on loans transferred to held-for-sale

•

Commercial mortgage loans represented 13% of total loans

and 15% of net charge-offs

•

Owner

occupied

2Q11

NCO

ratio

of 1.1%, non-owner

occupied

2Q11 NCO ratio of 2.6%

•

Loans from FL/MI represented 38% of portfolio loans, 60% of

portfolio losses in 2Q11

Non-core:

$202

Core:

$66

Core NCO Rate:

2.30%

3Q10 NCO Breakout

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$2,965

$2,349

$2,048

$1,980

$1,778

90+ days delinquent

$37

$23

$48

as % of loans

1.24%

0.21%

0.13%

1.16%

2.71%

Avg Loans

$3,160

$2,885

$2,171

$2,030

$1,918

NPAs

$482

$291

$259

$248

$240

as % of loans

16.26%

12.40%

12.65%

12.53%

13.52%

Net charge-offs

$43

$121

$10

$26

$20

as % of loans

5.46%

16.58%

1.88%

5.24%

4.09%

Commercial construction

Commercial construction*

Loans by geography

Credit trends

Loans by industry

Comments

* NPAs exclude loans held-for-sale.

3Q10 includes losses on loans transferred to held-for-sale

•

Commercial construction loans represented 2% of total loans

and 7% of net charge-offs

•

Loans from FL/MI represented 31% of portfolio loans, 81% of

portfolio losses in 2Q11

Non-core:

$77

Core:

$44

Core NCO Rate:

5.99%

3Q10 NCO Breakout

Homebuilders/developers*

(included in previous slides)

Loans by geography

Credit trends

Loans by industry

Comments

•

Originations of builder/developer loans suspended in 2007

•

Remaining

portfolio

balance

$597mm,

down

82%

from

peak

of $3.3B in 2Q08; represents approximately 1% of total loans

and 1.4% of commercial loans

•

$14mm

NCOs

(51%

commercial

mortgage,

37%

commercial

construction, 12% C&I)

•

$243mm of NPAs (66% commercial mortgage, 28%

commercial construction, 7% C&I)

* NPAs exclude loans held-for-sale.

3Q10 includes losses on loans transferred to held-for-sale

Non-core:

$95

Core:

$32

Core NCO Rate:

12.25%

3Q10 NCO Breakout

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$1,207

$824

$699

$651

$597

90+ days delinquent

$12

as % of loans

1.03%

0.37%

0.12%

0.16%

0.19%

NPAs

$431

$280

$259

$249

$243

as % of loans

35.68%

33.97%

37.12%

38.30%

40.67%

Net charge-offs

$48

$127

$19

$22

$14

as % of loans

15.01%

48.74%

10.08%

13.04%

8.91%

Homebuilders/developers

Residential mortgage

liens: 100%; weighted average LTV: 74.6%

Weighted average origination FICO: 745

Origination FICO distribution: <660 8%; 660-689 6%; 690-719

10%; 720-749 14%; 750+ 47%; Other^ 15%

(note: loans <660 includes CRA loans and FHA/VA loans)

Origination LTV distribution: <=70 34%; 70.1-80 40%; 80.1-90 8%;

90.1-95 5%; >95 14%

Vintage distribution: 2011 15%; 2010 25%; 2009 5%; 2008 8%;

2007 9%; 2006 9%; 2005 14%; 2004 and prior 15%

% through broker: 15%; performance similar to direct

Loans by geography

Credit trends

Portfolio details

Comments

^ Includes acquired loans where FICO at origination is not available

3Q10 includes losses on loans sold

•

Residential

mortgage

loans

represented

13%

total

loans

and

12% of net charge-offs

•

FL portfolio 18% of residential mortgage loans driving 55% of

portfolio losses

Non-core:

$123

Core:

$81

Core NCO Rate:

4.10%

3Q10 NCO Breakout

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$7,707

$7,975

$8,956

$9,530

$9,849

90+ days delinquent

$107

$111

$100

$98

$87

as % of loans

1.38%

1.39%

1.12%

1.03%

0.88%

Avg Loans

$7,805

$7,837

$8,382

$9,282

$9,654

NPAs

$549

$328

$368

$338

as % of loans

7.12%

4.11%

3.55%

3.43%

Net charge-offs

$85

$204

$62

$65

$36

as % of loans

4.35%

10.37%

2.93%

2.82%

1.50%

Residential mortgage

Home equity

liens: 31%; 2nd liens: 69%

Weighted average origination FICO:

749

Origination FICO distribution^: <660 4%; 660-689 7%; 690-719 13%; 720-749

17%; 750+ 50%; Other 9%

Average CLTV: 74%; Origination CLTV distribution: <=70 39%; 70.1-80 22%;

80.1-90 18%; 90.1-95 7%; >95 14%

Vintage distribution: 2011 1%; 2010 3%; 2009 4%; 2008 11%; 2007 11%; 2006

15%; 2005 14%; 2004 and prior 40%

% through broker channels: 14% WA FICO: 735 brokered, 752 direct; WA

CLTV: 88% brokered; 72% direct

Portfolio details

Comments

Brokered loans by geography

Direct loans by geography

Credit trends

Home equity loans represented 14% of total loans and 18% of net

charge-offs

Approximately 14% of portfolio in broker product driving 36% total

loss

Approximately

one

third

Fifth

Third

liens

are

behind

Fifth

Third

liens

2005/2006 vintages represent approximately 29% of portfolio; account

for 52% 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

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$1,838

$1,770

$1,698

$1,637

$1,586

90+ days delinquent

$29

$26

$25

$23

as % of loans

1.57%

1.46%

1.51%

1.46%

Net charge-offs

$24

$26

$25

$24

$20

as % of loans

5.29%

5.87%

5.74%

5.88%

4.89%

Home equity -

brokered

($ in millions)

2Q10

3Q10

4Q10

1Q11

2Q11

Balance

$10,149

$10,004

$9,815

$ 9,585

$ 9,462

90+ days delinquent

$61

$59

$61

as % of loans

0.60%

0.61%

0.60%

0.62%

0.64%

Net charge-offs

$37

$40

$39

$34

as % of loans

1.45%

1.57%

1.61%

1.64%

1.44%

Home equity -

direct

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

1.9

11%

Commercial mortgage

1.2

12%

144

20%

32%

Commercial construction

0.3

17%

106

44%

79%

Commercial lease

0.0

Commercial

3.4

324

20%

25%

Mortgage

1.8

18%

147

43%

58%

Home equity

0.9

13%

14%

Auto

0.5

12%

Credit card

0.1

Other consumer

0.0

Consumer

3.3

161

34%

20%

Total

6.7

485

23%

22%

Florida

Florida market*

Deterioration in real estate values having effect on credit trends as evidenced by increased NPA/NCOs in real estate related products

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.

Weak commercial real estate market

Losses due to significant declines in

valuations

Valuations; relatively small home

equity portfolio

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

3.3

12%

121

19%

20%

Commercial mortgage

2.6

26%

141

20%

28%

Commercial construction

0.3

14%

11%

Commercial lease

0.2

30%

(0)

Commercial

6.4

15%

296

18%

20%

Mortgage

1.5

15%

11%

10%

Home equity

2.3

21%

14%

23%

Auto

1.0

15%

14%

Credit card

0.3

15%

19%

15%

Other consumer

0.1

19%

Consumer

5.1

15%

12%

16%

Total

11.6

15%

354

17%

18%

Michigan

Michigan market*

Deterioration in home price values coupled with weak economy impacting credit trends due to frequency of defaults and severity

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.

Negative impact from housing

valuations, economy,

unemployment

Economic weakness impact on

commercial real estate market

Fifth Third Bancorp (FITB) 8-KFifth Third Bancorp Announces Second Quarter 2011 Net Income to Common Shareholders of $328 Million or $0.35 Per Share