Fifth Third Bancorp (FITB) 10-Q 2015 Q2 Quarterly report

Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended June 30, 2015			Six Months Ended June 30, 2015
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	70		$	143
One-Third of Rents, Net of Income from Subleases		9			16
Total Fixed Charges	$	79		$	159
Earnings:
Income Before Income Taxes	$	417		$	902
Fixed Charges		79			159
Total Earnings	$	496		$	1,061
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		6.28	x		6.67	x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	116		$	239
One-Third of Rents, Net of Income from Subleases		9			16
Total Fixed Charges	$	125		$	255
Earnings:
Income Before Income Taxes	$	417		$	902
Fixed Charges		125			255
Total Earnings	$	542		$	1,157
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		4.34	x		4.54	x