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, 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 | ||||||
Preferred Stock Dividends | 23 | 38 | ||||||
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Total Fixed Charges | $ | 102 | $ | 197 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 417 | $ | 902 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 79 | 159 | ||||||
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Total Earnings | $ | 496 | $ | 1,061 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits | 4.86 | x | 5.39 | x | ||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 116 | $ | 239 | ||||
One-Third of Rents, Net of Income from Subleases | 9 | 16 | ||||||
Preferred Stock Dividends | 23 | 38 | ||||||
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Total Fixed Charges | $ | 148 | $ | 293 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 417 | $ | 902 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 125 | 255 | ||||||
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Total Earnings | $ | 542 | $ | 1,157 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest on Deposits | 3.66 | x | 3.95 | x | ||||
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