Exhibit 12.1
Fifth Third Bancorp
Computations of Consolidated Ratios Of Earnings To Fixed Charges
($ In Millions)
Excluding Interest on Deposits: | Three Months Ended 6/30/2011 | Six Months Ended 6/30/2011 | ||||||
Fixed Charges: | ||||||||
Interest Expense (excluding interest on deposits) | $ | 84 | $ | 159 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 13 | ||||||
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Total Fixed Charges | $ | 91 | $ | 172 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 506 | $ | 883 | ||||
Fixed Charges | 91 | 172 | ||||||
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Total Earnings | $ | 597 | $ | 1,055 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits | 6.58x | 6.14x | ||||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 181 | $ | 362 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 13 | ||||||
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Total Fixed Charges | $ | 188 | $ | 375 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 506 | $ | 883 | ||||
Fixed Charges | 188 | 375 | ||||||
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Total Earnings | $ | 694 | $ | 1,258 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest On Deposits | 3.70x | 3.35x | ||||||
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