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, 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 | ||||||
Preferred Stock Dividends | 23 | 38 | ||||||
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Total Fixed Charges | $ | 125 | $ | 234 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 427 | $ | 862 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 102 | 196 | ||||||
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Total Earnings | $ | 529 | $ | 1,058 | ||||
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Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits | 4.23x | 4.52x | ||||||
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Including Interest on Deposits: | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 144 | $ | 280 | ||||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||||
Preferred Stock Dividends | 23 | 38 | ||||||
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Total Fixed Charges | $ | 175 | $ | 333 | ||||
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Earnings: | ||||||||
Income Before Income Taxes | $ | 427 | $ | 862 | ||||
Fixed Charges, Excluding Preferred Stock Dividends | 152 | 295 | ||||||
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Total Earnings | $ | 579 | $ | 1,157 | ||||
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Ratio of Earnings to Fixed Charges, Including Interest on Deposits | 3.31x | 3.47x | ||||||
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