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, 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 | ||||||
Preferred Stock Dividends | 15 | 52 | ||||||
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Total Fixed Charges | $ | 103 | $ | 298 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 515 | $ | 1,417 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 88 | 246 | ||||||
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Total Earnings | $ | 603 | $ | 1,663 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits | 5.85 | x | 5.58 | x | ||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 125 | $ | 363 | ||||
One-Third of Rents, Net of Income from Subleases | 7 | 23 | ||||||
Preferred Stock Dividends | 15 | 52 | ||||||
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Total Fixed Charges | $ | 147 | $ | 438 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 515 | $ | 1,417 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 132 | 386 | ||||||
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Total Earnings | $ | 647 | $ | 1,803 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest on Deposits | 4.40 | x | 4.12 | x | ||||
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