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 June 30, 2014 | Six Months Ended June 30, 2014 | |||||||
Excluding Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense (excluding interest on deposits) | $ | 59 | $ | 112 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 14 | ||||||
Preferred Stock Dividends | 23 | 32 | ||||||
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Total Fixed Charges | $ | 89 | $ | 158 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 606 | $ | 1,044 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 66 | 126 | ||||||
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Total Earnings | $ | 672 | $ | 1,170 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits | 7.55 | x | 7.41 | x | ||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 108 | $ | 208 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 14 | ||||||
Preferred Stock Dividends | 23 | 32 | ||||||
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Total Fixed Charges | $ | 138 | $ | 254 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 606 | $ | 1,044 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 115 | 222 | ||||||
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Total Earnings | $ | 721 | $ | 1,266 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest On Deposits | 5.22 | x | 4.98 | x | ||||
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