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 September 30, 2014 | Nine Months Ended September 30, 2014 | |||||||
Excluding Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense (excluding interest on deposits) | $ | 64 | $ | 176 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 22 | ||||||
Preferred Stock Dividends | 12 | 44 | ||||||
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Total Fixed Charges | $ | 83 | $ | 242 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 464 | $ | 1,509 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 71 | 198 | ||||||
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Total Earnings | $ | 535 | $ | 1,707 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits | 6.45 | x | 7.05 | x | ||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 115 | $ | 323 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 22 | ||||||
Preferred Stock Dividends | 12 | 44 | ||||||
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Total Fixed Charges | $ | 134 | $ | 389 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 464 | $ | 1,509 | ||||
Fixed Charges—Excluding Preferred Stock Dividends | 122 | 345 | ||||||
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Total Earnings | $ | 586 | $ | 1,854 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest On Deposits | 4.37 | x | 4.77 | x | ||||
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