Fifth Third Bancorp (FITB) 10-Q 2015 Q3 Quarterly report

Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended September 30, 2015			Nine Months Ended September 30, 2015
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	81		$	223
One-Third of Rents, Net of Income from Subleases		7			23
Total Fixed Charges	$	88		$	246
Earnings:
Income Before Income Taxes	$	515		$	1,417
Fixed Charges		88			246
Total Earnings	$	603		$	1,663
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		6.85	x		6.76	x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	125		$	363
One-Third of Rents, Net of Income from Subleases		7			23
Total Fixed Charges	$	132		$	386
Earnings:
Income Before Income Taxes	$	515		$	1,417
Fixed Charges		132			386
Total Earnings	$	647		$	1,803
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		4.90	x		4.67	x