Fifth Third Bancorp (FITB) 10-Q 2016 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, 2016		Six Months Ended June 30, 2016
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	94	$	181
One-Third of Rents, Net of Income from Subleases		8		15
Total Fixed Charges	$	102	$	196
Earnings:
Income Before Income Taxes	$	427	$	862
Fixed Charges		102		196
Total Earnings	$	529	$	1,058
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		5.19x		5.40x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	144	$	280
One-Third of Rents, Net of Income from Subleases		8		15
Total Fixed Charges	$	152	$	295
Earnings:
Income Before Income Taxes	$	427	$	862
Fixed Charges		152		295
Total Earnings	$	579	$	1,157
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		3.81x		3.92x