8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): July 22, 2008

FIFTH THIRD BANCORP

(Exact Name of Registrant as Specified in Its Charter)

OHIO

(State or Other Jurisdiction of Incorporation)

0-8076	31-0854434
(Commission File Number)	(IRS Employer Identification No.)

Fifth Third Center 38 Fountain Square Plaza, Cincinnati, Ohio	45263
(Address of Principal Executive Offices)	(Zip Code)

(513) 534-5300

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On July 22, 2008, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2008. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.2, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 7.01 Regulation FD Disclosure

On July 22, 2008, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2008. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.2, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

For the benefit of its investors, Fifth Third Bancorp is furnishing information regarding its capital planning, credit trends and certain information regarding its portfolio of loans and leases. Copies of these items are attached as Exhibits 99.3, 99.4 and 99.5, respectively. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 9.01 Financial Statements and Exhibits

Exhibit 99.1 – Press release dated July 22, 2008.

Exhibit 99.2 – Quarterly Financial Supplement.

Exhibit 99.3 – June 2008 Capital Planning.

Exhibit 99.4 – Second Quarter 2008 Credit Trends.

Exhibit 99.5 – Second Quarter 2008 Portfolio Loan and Lease Stratifications.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FIFTH THIRD BANCORP
	(Registrant)
July 22, 2008	/s/ Daniel T. Poston
	Daniel T. Poston
	Executive Vice President and   Chief Financial Officer

EX-99.1

Exhibit 99.1

		News Release
CONTACTS:	Jeff Richardson (Investors)	FOR IMMEDIATE RELEASE
	(513) 534-0983	July 22, 2008
	Jim Eglseder (Investors)
	(513) 534-8424
	Debra DeCourcy, APR (Media)
	(513) 534-4153

FIFTH THIRD BANCORP REPORTS SECOND QUARTER 2008 EARNINGS.

FAVORABLE CORE TRENDS CONTINUE, MORE THAN

OFFSET BY HIGHER CREDIT COSTS AND LEVERAGED LEASE CHARGE.

• Loss per share of $0.37 driven by $0.42 charge related to tax treatment of leveraged leases

• Pre-tax, pre-provision earnings were $602 million; $745 million excluding leveraged lease and merger expense impact, up 16 percent from a year ago

• Noninterest income increased 8 percent from the second quarter of 2007

• Payments processing income growth of 15 percent

• Deposit service revenue up 12 percent

• Corporate banking income growth of 26 percent

• Mortgage banking revenue up 108 percent

• Net interest income is flat versus the second quarter of 2007; up 17 percent excluding leveraged lease litigation charges

• Average loans up 11 percent and transaction deposits up 6 percent

• Second quarter issuance of $1.1 billion in convertible preferred securities

• Total capital ratio of 12.15 percent

• Tier 1 capital ratio of 8.51 percent

• Tangible equity ratio of 6.37 percent

Earnings Highlights

	For the Three Months Ended															% Change
	June 2008			March 2008			December 2007			September 2007			June 2007			Seq		Yr/Yr
Net income (in millions)	($	202	)	$	286		$	16		$	325		$	376		NM		NM
Common Share Data
Earnings per share, basic		(0.37	)		0.54			0.03			0.61			0.69		NM		NM
Earnings per share, diluted		(0.37	)		0.54			0.03			0.61			0.69		NM		NM
Cash dividends per common share		0.15			0.44			0.44			0.42			0.42		(66	%)	(64	%)
Financial Ratios
Return on average assets		(0.73	%)		1.03	%		0.06	%		1.26	%		1.49	%	NM		NM
Return on average equity		(8.4	)		12.3			0.7			13.8			15.7		NM		NM
Tier I capital		8.51			7.72			7.72			8.46			8.13		10	%	5	%
Net interest margin (a)		3.04			3.41			3.29			3.34			3.37		(11	%)	(10	%)
Efficiency (a)		58.6			42.3			72.6			59.2			54.1		39	%	8	%
Common shares outstanding (in thousands)		577,530			532,106			532,672			532,627			535,697		9	%	8	%
Average common shares outstanding
(in thousands):
Basic		540,030			528,498			529,120			530,123			540,264		2	%	—
Diluted		540,030			530,372			530,939			532,471			543,228		2	%	(1	%)

(a) Presented on a fully taxable equivalent basis

NM: not meaningful

Fifth Third Bancorp (Nasdaq: FITB) today reported a second quarter 2008 net loss of $202 million, or $0.37 per diluted share, compared with earnings of $286 million, or $0.54 per diluted share, in the first quarter of 2008 and $376 million, or $0.69 per diluted share, for the same period in 2007.

Reported results included charges related to leveraged leases totaling $0.42 per share. In our 8-K filed on June 18, 2008, and previous filings, we noted that this charge was possible. Reported results included a charge of approximately $130 million pre-tax, or $0.16 per share after-tax, to reflect a projected change in the timing of tax benefits pursuant to FSP FAS 13-2, and an increase to tax expense of approximately $140 million, or $0.26 per share both pre-tax and after-tax, required for interest related to previous tax years pursuant to FIN 48. The actual charge in total was modestly lower than we previously estimated was possible if we determined a charge was necessary. Based on recent court decisions related to leveraged leases and current uncertainty regarding the outcome of our own case, we have concluded that previously recognized benefits from the transactions must be remeasured as required by FIN 48. We believe this charge addresses the remaining downside risk we have related to leveraged leases should there be a negative outcome in our case. We continue to believe that our tax treatment was proper under the tax law as it existed at the time the tax benefits were reported and that the facts in our case are different than other cases decided and support our position. Accordingly, we will continue to defend our leases in the courts. Additional discussion regarding this issue can be found later in this release. Reported results also included $13 million pre-tax, or $0.02 per share after-tax, in acquisition-related expenses.

On June 18, after evaluating a variety of potential credit scenarios through 2009, Fifth Third raised the Tier 1 capital ratio target range to 8 - 9 percent and issued $1.1 billion of additional capital in the form of convertible preferred securities. Additionally, given the outlook for a continued negative credit environment, the common dividend was reduced to conserve capital in current and future periods. The combination of those actions raised the Tier 1 ratio to 8.51%, the middle of the revised target range as of June 30, 2008.

“The capital actions we announced in June, combined with our expected strong core earnings growth and the anticipated sale of non-core businesses, significantly strengthens our capital position. We believe we have the capacity to withstand provision expense and losses in excess of stress scenarios we evaluated, creating a significant capital cushion to withstand unexpected developments. These actions reflect our commitment to protect the health and strength of the Bank, now and in the future,” said Kevin T. Kabat, Chairman and CEO of Fifth Third Bancorp.

“While we were disappointed in our overall results for the second quarter, which included a charge related to leveraged leases, they were largely in line with our expectations last month. Absent unexpected events, we anticipate returning to profitability in the third quarter.

“Non-performing assets and net charge-offs continued to increase reflecting weakening economic conditions. Deteriorating credit trends remain disproportionately attributable to commercial and residential real estate

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loans, particularly in Florida and Michigan, and we continue to be very active in taking steps to address these issues that we and the industry are facing.

“Based on the decisive action we’ve taken, we believe we have the capacity to absorb future losses in excess of what we’ve modeled and are well-positioned relative to our peers. Throughout this economic downturn, we’ve maintained our focus on our long-term goals and objectives, and we continue to make investments in our businesses and execute on our strategic plans. As this quarter shows, we continued to produce strong operating results and we remain committed to posting bottom-line results that outperform the industry once this cycle turns.”

Income Statement Highlights

	For the Three Months Ended															% Change
	June 2008			March 2008			December 2007			September 2007			June 2007			Seq		Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	744		$	826		$	785		$	760		$	745		(10	%)	—
Provision for loan and lease losses		719			544			284			139			121		32	%	492	%
Total noninterest income		722			864			509			681			669		(16	%)	8	%
Total noninterest expense		858			715			940			853			765		20	%	12	%
Income before income taxes (taxable equivalent)		(111	)		431			70			449			528		NM		NM
Taxable equivalent adjustment		6			6			6			6			6		—		—
Applicable income taxes		85			139			48			118			146		(39	%)	(42	%)
Net income (loss) available to common shareholders (a)		(202	)		286			16			325			375		NM		NM
Earnings per share, diluted	($	0.37	)	$	0.54		$	0.03		$	0.61		$	0.69		NM		NM
(a)    Dividends on preferred stock are $.185 million for all quarters presented
NM: not meaningful
Net Interest Income
	For the Three Months Ended															% Change
	June 2008			March 2008			December 2007			September 2007			June 2007			Seq		Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,213		$	1,453		$	1,556		$	1,535		$	1,495		(17	%)	(19	%)
Total interest expense		469			627			771			775			750		(25	%)	(37	%)
Net interest income (taxable equivalent)	$	744		$	826		$	785		$	760		$	745		(10	%)	—
Average Yield
Yield on interest-earning assets		4.95	%		5.99	%		6.52	%		6.73	%		6.75	%	(17	%)	(27	%)
Yield on interest-bearing liabilities		2.23	%		2.99	%		3.78	%		4.04	%		4.08	%	(25	%)	(45	%)
Net interest rate spread (taxable equivalent)		2.72	%		3.00	%		2.74	%		2.69	%		2.67	%	(9	%)	2	%
Net interest margin (taxable equivalent)		3.04	%		3.41	%		3.29	%		3.34	%		3.37	%	(11	%)	(10	%)
Average Balances ($ in millions)
Loans and leases, including held for sale	$	112,098		$	111,291		$	107,727		$	102,131		$	100,767		1	%	11	%
Total securities and other short-term investments		53,763			53,458			51,967			50,922			50,932		1	%	6	%
Total interest-bearing liabilities		84,417			84,353			80,977			76,070			73,735		—		14	%
Shareholders’ equity		9,629			9,379			9,446			9,324			9,599		3	%	—

Net interest income of $744 million on a taxable equivalent basis declined $82 million from the first quarter of 2008 largely due to the recalculation of cash flows on certain leveraged lease transactions that reduced net interest income by approximately $130 million. Excluding this charge, net interest income increased by $48 million, or 6 percent, from the previous quarter. Net interest income benefited from lower funding costs on core deposits and wholesale borrowings, a steeper yield curve and lower balances in higher priced consumer certificates of deposit (CD). This more than offset the effect of

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lower asset yields, the issuance of additional wholesale funding and higher loan interest reversals and nonaccrual balances in the quarter. Net interest income included the benefit of $31 million in accretion and amortization of fair value purchase accounting adjustments related to First Charter Corporation (First Charter). It is expected that net interest income will continue to benefit from this effect in coming quarters. The reported net interest margin was 3.04 percent, down 37 bps from the first quarter of 2008. Excluding the impact of the leveraged lease litigation, net interest margin was 3.57 percent, a 16 bp increase from the previous quarter. The accretion and amortization of First Charter purchase accounting adjustments provided a 13 bp benefit to the net interest margin, with the additional improvement due to lower core deposit and wholesale funding costs.

Compared with the second quarter of 2007, net interest income was flat and net interest margin declined 33 bps from 3.37 percent due to the impact of the charge related to our leveraged lease litigation. Excluding the impact of the leveraged lease litigation charges, net interest income increased by $129 million, or 17 percent, from the same period in 2007, and net interest margin expanded 20 bps. The increase in net interest income reflected average earning asset growth of 11 percent and 25 bps of widening in the net interest rate spread.

Average Loans

	For the Three Months Ended										% Change
	June 2008		March 2008		December 2007		September 2007		June 2007		Seq		Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial loans	$	28,299	$	25,367	$	23,650	$	22,183	$	21,584	12	%	31	%
Commercial mortgage		12,590		12,016		11,497		11,041		11,008	5	%	14	%
Commercial construction		5,700		5,577		5,544		5,499		5,595	2	%	2	%
Commercial leases		3,747		3,723		3,692		3,698		3,673	1	%	2	%
Subtotal - commercial loans and leases		50,336		46,683		44,383		42,421		41,860	8	%	20	%
Consumer:
Residential mortgage loans		9,922		10,395		9,943		8,765		8,490	(5	%)	17	%
Home equity		12,012		11,846		11,843		11,752		11,881	1	%	1	%
Automobile loans		8,439		9,278		9,445		10,853		10,552	(9	%)	(20	%)
Credit card		1,703		1,660		1,461		1,366		1,248	3	%	36	%
Other consumer loans and leases		1,125		1,083		1,099		1,138		1,174	4	%	(4	%)
Subtotal - consumer loans and leases		33,201		34,262		33,791		33,874		33,345	(3	%)	—
Total average loans and leases (excluding held for sale)	$	83,537	$	80,945	$	78,174	$	76,295	$	75,205	3	%	11	%
Average loans held for sale		1,676		3,967		3,998		1,950		1,843	(58	%)	(9	%)

Average portfolio loan and lease balances grew 3 percent sequentially and 11 percent from the second quarter of 2007 with approximately 1 percent of the sequential growth and 3 percent of the year-over-year growth attributable to acquisitions. Average commercial loans and leases grew 8 percent sequentially and 20 percent compared with the previous year. Growth was primarily driven by commercial and industrial (C&I) lending, up 12 percent sequentially and 31 percent versus a year ago, reflecting solid production across most of our footprint and the effect of acquisitions while approximately $1.0 billion, or 4 percent, of sequential growth in C&I loans was due to commercial loans held for sale reclassified to portfolio loans during the quarter. Compared with last quarter, commercial mortgage balances increased $574 million and commercial construction balances grew by $123 million. The acquisition of First Charter contributed $179 million and $114 million, respectively. Consumer loan and lease balances declined 3 percent sequentially and were flat from

4

the second quarter of 2007. Excluding balances from acquisitions, average consumer loans were down 4 percent sequentially and 5 percent year-over-year. Sequentially, growth in home equity and credit card loans was more than offset by declines in auto, primarily due to first quarter of 2008 sales and securitizations, and residential mortgage loans. On a year-over-year basis, growth in credit card and residential mortgage loans offset a decline in auto loans. Almost all of the year-over-year growth in residential mortgage loan balances was due to the fourth quarter of 2007 acquisition of R-G Crown. In the first quarter of 2008, the Bancorp securitized and sold $2.7 billion in auto loans. During the second quarter of 2008, the Bancorp sold approximately $523 million of residential mortgage portfolio loans.

Average Deposits

	For the Three Months Ended										% Change
	June 2008		March 2008		December 2007		September 2007		June 2007		Seq		Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	14,023	$	13,208	$	13,345	$	13,143	$	13,370	6	%	5	%
Interest checking		14,396		14,836		14,394		14,334		15,061	(3	%)	(4	%)
Savings		16,583		16,075		15,616		15,390		14,620	3	%	13	%
Money market		6,592		6,896		6,363		6,247		6,244	(4	%)	6	%
Foreign office (a)		2,169		2,443		2,249		1,808		1,637	(11	%)	33	%
Subtotal - Transaction deposits		53,763		53,458		51,967		50,922		50,932	1	%	6	%
Other time		9,517		10,884		11,011		10,290		10,780	(13	%)	(12	%)
Subtotal - Core deposits		63,280		64,342		62,978		61,212		61,712	(2	%)	3	%
Certificates - $100,000 and over		8,143		5,835		6,613		6,062		6,511	40	%	25	%
Other foreign office		2,948		3,861		2,464		1,981		732	(24	%)	303	%
Total deposits	$	74,371	$	74,038	$	72,055	$	69,255	$	68,955	—		8	%

(a) Includes commercial customer Eurodollar sweep balances for which the Bancorp pays rates comparable to other commercial deposit accounts.

Average core deposits were down 2 percent sequentially and up 3 percent from the second quarter of 2007. Excluding acquisitions, core deposits declined 3 percent for the quarter and were relatively unchanged from the previous year. Transaction deposits (excluding consumer time deposits) grew 1 percent from the first quarter and 6 percent from a year ago. The sequential growth and 2 percent of the year-over-year growth were attributable to acquisitions. The decline in core deposits compared to the first quarter of 2008 was driven by lower foreign office commercial sweep deposits, interest checking, money market and consumer CD balances which more than offset growth in demand deposit account (DDA) and savings balances. On a year-over-year basis, growth in DDA, savings, money market and foreign office deposits balances more than offset lower interest checking and consumer CD balances. The decline in consumer CD balances in the second quarter of 2008 reflected unusually high competitor pricing in many of our markets and our determination that such pricing was not reflective of the value of these deposits.

Retail core deposits decreased 1 percent sequentially and were relatively unchanged from the second quarter of 2007. Comparisons for both periods reflect an increase in net new accounts offset by lower average account balances. Commercial core deposits decreased 3 percent sequentially and increased 7 percent year-over-year.

5

The $2.3 billion sequential increase in jumbo CDs resulted from actions taken early in the second quarter to extend the average duration of wholesale borrowings to reduce exposure to high levels of market volatility.

Noninterest Income

	For the Three Months Ended												% Change
	June 2008			March 2008		December 2007			September 2007		June 2007		Seq		Yr/Yr
Noninterest Income ($ in millions)
Electronic payment processing revenue	$	235		$	213	$	223		$	212	$	205	10	%	15	%
Service charges on deposits		159			147		160			151		142	8	%	12	%
Investment advisory revenue		92			93		94			95		97	(1	%)	(5	%)
Corporate banking revenue		111			107		106			91		88	3	%	26	%
Mortgage banking net revenue		86			97		26			26		41	(11	%)	108	%
Other noninterest income		49			177		(113	)		93		96	(72	%)	(49	%)
Securities gains (losses), net		(10	)		27		7			13		—	NM		NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			3		6			—		—	(100	%)	NM
Total noninterest income	$	722		$	864	$	509		$	681	$	669	(16	%)	8	%

Noninterest income of $722 million declined $142 million sequentially and increased $53 million, or 8 percent, from a year ago. First quarter of 2008 results included a $273 million gain resulting from the Visa IPO, partially offset by a $152 million pre-tax charge to reduce the cash surrender value of one of our Bank-Owned Life Insurance (BOLI) policies. Excluding the impact of Visa and BOLI in the first quarter and net securities gains/losses in both the first and second quarters of 2008, noninterest income increased $18 million, or 3 percent, from the previous quarter. Year-over-year growth in noninterest income of 8 percent was driven by strong growth in payments processing revenue, deposit fees, corporate banking revenue and mortgage banking revenue.

Electronic payment processing (EPP) revenue of $235 million increased 10 percent sequentially and 15 percent from a year ago driven by continued strong merchant processing results, up 16 percent. Card issuer interchange revenue increased 20 percent from the previous year, driven by higher debit and credit card usage and an increase in the average dollar amount per debit card transaction. Financial institutions revenue grew 10 percent from the second quarter of 2007.

Service charges on deposits of $159 million increased 8 percent sequentially and 12 percent compared with the same quarter last year. Retail service charges increased 12 percent from the first quarter and 7 percent from the second quarter of 2007. Both sequential and year-over-year comparisons reflect strong growth in net new accounts and higher deposits fees. Commercial service charges increased 4 percent sequentially and 19 percent compared with last year. This growth primarily reflects the effect of lower market interest rates, as reduced earnings credit rates paid to customers have resulted in higher realized net use of services fees to pay for treasury management services.

Corporate banking revenue of $111 million increased 3 percent sequentially and 26 percent year-over-year. Revenue growth for both periods was driven by broad-based strength, with particularly strong growth in foreign exchange revenue, up 10 percent sequentially and 79 percent from the same period in 2007, institutional sales revenue, up 4 percent sequentially and 35 percent year-over-year, and business lending

6

fees, up 8 percent sequentially and 23 percent from the second quarter of 2007. Strong results continue to be driven by more volatile markets and increased penetration of the Company’s middle market customer base.

Investment advisory revenue of $92 million was down 1 percent sequentially and 5 percent from the second quarter of 2007. Institutional trust revenue decreased 1 percent sequentially and 6 percent year-over-year largely due to market value declines. Mutual fund fees were up 1 percent sequentially and down 10 percent year-over-year resulting from market volatility. Brokerage fee revenue was up 1 percent sequentially and down 12 percent from the second quarter of 2007 reflecting the continued shift in assets from equity products to money market funds and a decline in transaction-based revenues.

Mortgage banking net revenue totaled $86 million in the second quarter of 2008, an $11 million decline from strong first quarter results and a $45 million increase from the second quarter of 2007. Second quarter originations were $3.3 billion, a decline of 17 percent from the previous quarter, due to rising interest rates and lower commensurate application volumes and originations in the latter half of the quarter. Second quarter originations resulted in gains on the sale of mortgages of $79 million compared to gains of $93 million during the previous quarter and $25 million during the same period in 2007. Revenue for the second quarter included $9 million related to gains on the sale of portfolio loans compared with $11 million in the previous quarter and $2 million in the second quarter of 2007. The first quarter of 2008 adoption of FAS 159 for mortgage banking contributed $17 million of the year-over-year increase in mortgage banking revenue and additional origination costs recorded in other noninterest expense. Net servicing revenue, before mortgage servicing rights (MSR) valuation adjustments, totaled $11 million in the second quarter, compared with $8 million last quarter and $13 million a year ago. MSR valuation adjustments, including mark-to-market related adjustments on free-standing derivatives, represented a net loss of $4 million in the second quarter of 2008, compared with a net loss of $3 million last quarter and a net gain of $3 million a year ago. The mortgage-servicing asset, net of valuation reserve, was $697 million at quarter end on a servicing portfolio of $38.7 billion.

Net losses on investment securities were $10 million in the second quarter of 2008 compared with net gains of $27 million last quarter.

Other noninterest income totaled $49 million in the second quarter of 2008 compared with $177 million last quarter and $96 million in the second quarter of 2007. Second quarter 2007 results included a $16 million gain on the sale of non-strategic credit card accounts. Last quarter’s results included a $273 million gain resulting from the Visa IPO, a charge of $152 million related to the decrease in the cash surrender value of one of the Bancorp’s BOLI policies, $26 million in hedge and other losses associated with the sale of auto loans and $15 million in gains on sale from auto securitization transactions. The year-over-year decline in other noninterest income was driven by approximately $20 million in write-downs on other real estate owned (OREO) properties in the second quarter of 2008 as well as the credit card gain a year ago.

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Noninterest Expense

	For the Three Months Ended										% Change
	June 2008		March 2008		December 2007		September 2007		June 2007		Seq		Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	331	$	347	$	328	$	310	$	309	(5	%)	7	%
Employee benefits		60		85		56		67		68	(29	%)	(11	%)
Payment processing expense		67		66		68		65		59	2	%	14	%
Net occupancy expense		73		72		70		66		68	2	%	8	%
Technology and communications		49		47		47		41		41	3	%	18	%
Equipment expense		31		31		32		30		31	—		—
Other noninterest expense		247		67		339		274		189	269	%	31	%
Total noninterest expense	$	858	$	715	$	940	$	853	$	765	20	%	12	%

Noninterest expense of $858 million increased by $143 million sequentially and $93 million from a year ago. Second quarter results included $13 million in acquisition-related expenses as a result of the First Charter and First Horizon acquisitions during the quarter. First quarter results included the reversal of $152 million in Visa litigation reserves, $9 million in severance-related costs, $7 million in acquisition-related expenses due to the acquisition of R-G Crown and $18 million of seasonally higher FICA and unemployment expenses. Excluding the aforementioned items, noninterest expense increased $12 million, or 1 percent, from the first quarter of 2008. Expense growth was primarily related to volume-related processing and technology investment expense. The increase in noninterest expense compared with the second quarter of 2007 was driven by higher costs due to acquisitions, increased loan and lease processing costs as a result of collections activities, increased provision for unfunded commitments, as well as increased franchise and other taxes as a result of the impact of the favorable settlement of certain tax audits in the second quarter of 2007. Additionally, $8 million of the year-over-year increase in other noninterest expense was related to increased FDIC insurance expense which previously was offset by prior insurance premium credits.

Credit Quality

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Total net losses charged off ($ in millions)
Commercial loans	($	107	)	($	36	)	($	48	)	($	23	)	($	24	)
Commercial mortgage loans		(21	)		(33	)		(15	)		(8	)		(16	)
Commercial construction loans		(49	)		(72	)		(12	)		(5	)		(7	)
Commercial leases		—			—			—			—			—
Residential mortgage loans		(63	)		(34	)		(18	)		(9	)		(9	)
Home equity		(54	)		(41	)		(32	)		(27	)		(20	)
Automobile loans		(26	)		(35	)		(30	)		(25	)		(15	)
Credit card		(21	)		(20	)		(15	)		(13	)		(10	)
Other consumer loans and leases		(3	)		(5	)		(4	)		(5	)		(1	)
Total net losses charged off		(344	)		(276	)		(174	)		(115	)		(102	)
Total losses		(365	)		(293	)		(193	)		(127	)		(124	)
Total recoveries		21			17			19			12			22
Total net losses charged off	($	344	)	($	276	)	($	174	)	($	115	)	($	102	)
Ratios
Net losses charged off as a percent of average loans and leases (excluding held for sale)		1.66	%		1.37	%		0.89	%		0.60	%		0.55	%
Commercial		1.41	%		1.21	%		0.66	%		0.33	%		0.44	%
Consumer		2.04	%		1.58	%		1.18	%		0.93	%		0.68	%

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Net charge-offs as a percentage of average loans and leases were 166 bps in the second quarter, compared with 137 bps in the first quarter of 2008 and 55 bps in the second quarter of 2007. Loss experience continues to be concentrated in Michigan and Florida and primarily related to consumer residential real estate loans as well as commercial loans to residential real estate builders and developers. Michigan and Florida represented approximately 44 percent of total second quarter net charge-offs. Residential real estate losses were 34 percent of total net charge-offs. Losses on loans to residential real estate builders and developers represent 10 percent of total losses.

Consumer net charge-offs of $167 million, or 204 bps, grew $32 million from the first quarter of 2008, driven primarily by losses in the residential real estate portfolio. Net charge-offs in Michigan and Florida represented 48 percent of consumer losses in the second quarter, in line with results from the first quarter of 2008. Home equity net charge-offs of $54 million increased $13 million compared with last quarter, primarily due to increased losses on brokered home equity loans reflecting borrower stress and lower home price valuations. Originations of these brokered loans was discontinued last year. Net losses on brokered home equity loans were $28 million, or 51 percent, of second quarter home equity losses. Brokered home equity loans represented $2.4 billion, or 20 percent, of the total home equity portfolio of $12.4 billion. Michigan and Florida represented 42 percent of second quarter home equity losses. Net charge-offs within the residential mortgage portfolio were $63 million, an increase of $29 million, primarily a result of declining property values on loans in foreclosure, with losses in Michigan and Florida representing 72 percent of losses in the second quarter. Net charge-offs in the auto portfolio declined by $9 million from the first quarter to $26 million. Net charge-offs on consumer credit card loans were $21 million, up $1 million from the first quarter. During the quarter, we adjusted our credit card charge-off policy related to bankruptcies to conform with industry standards and to increase the likelihood of recoveries and customer affirmation of Fifth Third in bankruptcy proceedings. Credit card charge-offs would have been $4 million higher absent this change.

Commercial net charge-offs of $177 million, or 141 bps, increased $36 million compared with the first quarter of 2008. Losses related to residential real estate builders and developers represented $34 million, or 19 percent, of commercial net charge-offs. Commercial construction net charge-offs decreased to $49 million from $72 million the previous quarter driven by lower losses in Michigan. Michigan and Florida accounted for 61 percent of these losses in the second quarter. Commercial mortgage net charge-offs decreased to $21 million, down $12 million from the first quarter of 2008. Michigan and Florida accounted for 58 percent of

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	1,205		$	937		$	827		$	803		$	784
Total net losses charged off		(344	)		(276	)		(174	)		(115	)		(102	)
Provision for loan and lease losses		719			544			284			139			121
Allowance for loan and lease losses, ending		1,580			1,205			937			827			803
Reserve for unfunded commitments, beginning		103			95			79			77			79
Provision for unfunded commitments		12			8			13			2			(2	)
Acquisitions		—			—			3			—			—
Reserve for unfunded commitments, ending		115			103			95			79			77
Components of allowance for credit losses:
Allowance for loan and lease losses		1,580			1,205			937			827			803
Reserve for unfunded commitments		115			103			95			79			77
Total allowance for credit losses	$	1,695		$	1,308		$	1,032		$	906		$	880
Ratio
Allowance for loan and lease losses as a percent of loans and leases		1.85	%		1.49	%		1.17	%		1.08	%		1.06	%

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these losses. Net charge-offs in the C&I portfolio were $107 million, up $71 million from the first quarter of 2008. This increase was driven by a $23 million charge-off in Illinois as well as particular weakness among businesses associated with residential construction activities.

Provision for loan and lease losses totaled $719 million in the second quarter of 2008, exceeding net charge-offs by $375 million. The increase in the provision for loan and lease losses and allowance for loan and lease losses was largely driven by higher inherent losses resulting from deterioration in residential real estate collateral values, particularly in the residential homebuilder and developer portfolios and consumer residential real estate portfolios, and negative trends in nonperforming and other criticized assets.

The allowance for loan and lease losses represented 1.85 percent of total loans and leases outstanding as of quarter end, compared with 1.49 percent last quarter and 1.06 percent in the same quarter last year.

	As of
	June 2008			March 2008			December 2007			September 2007			June 2007
Nonperforming Assets and Delinquency ($ in millions)
Commercial loans	$	407		$	300		$	175		$	175		$	136
Commercial mortgage		524			312			243			146			113
Commercial construction		537			408			249			105			65
Commercial leases		18			11			5			5			4
Residential mortgage (a)		329			211			121			74			40
Home equity (b)		151			128			91			61			45
Automobile		7			5			3			3			3
Credit card (c)		15			13			5			—			—
Other consumer loans and leases		—			—			1			—			—
Total nonaccrual loans and leases	$	1,988		$	1,388			893			569			406
Repossessed personal property		22			22			21			19			17
Other real estate owned (d)		188			182			150			118			105
Total nonperforming assets	$	2,198		$	1,592		$	1,064		$	706		$	528
Total loans and leases 90 days past due	$	605		$	539		$	491		$	360		$	302
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		2.56	%		1.96	%		1.32	%		0.92	%		0.70	%

a) Nonaccrual loans include debt restructuring balances of $187 as of 06/30/08, $73 million as of 03/31/08, $29 million as of 12/31/07, $6 million as of 09/30/07 and $2 million as of 06/30/07.

b) Nonaccrual loans include debt restructuring balances of $116 as of 06/30/08, $86 million as of 03/31/08, $46 million as of 12/31/07, and $16 million as of 09/30/07

c) All nonaccrual credit card balances are the result of debt restructurings.

d) Excludes government insured advances.

Nonperforming assets (NPAs) at quarter end were $2.2 billion, or 2.56 percent of total loans and leases and OREO, up from 1.96 percent last quarter and 0.70 percent in the second quarter a year ago. Sequential growth in NPAs was $606 million, or 38 percent, down from 50 percent growth in the first quarter. Second quarter growth was driven by increases related to residential real estate builders and developers in the commercial portfolio and restructurings of mortgage and home equity loans in the consumer portfolio.

Commercial NPAs of $1.5 billion, or 2.93 percent, grew $465 million, or 44 percent, in the second quarter of 2008. Commercial NPA growth was primarily driven by continued deterioration in the commercial construction and commercial mortgage portfolios, particularly in Michigan and Florida. NPAs in the C&I portfolio of $414 million, increased $109 million, from the previous quarter, driven by a $20 million increase in residential homebuilder and developer NPAs and weakness among customers associated with residential construction activities. Commercial construction NPAs were $552 million, an increase of $133 million from the first quarter of 2008. Commercial mortgage NPAs were $540 million, a sequential increase of $216 million. Commercial

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real estate loans in Michigan and Florida represented 42 percent of our total commercial real estate portfolio. Increases in NPAs in these states represented 74 percent of commercial real estate NPA growth and these regions accounted for 68 percent of total commercial real estate NPAs. Residential real estate builders and developers represented approximately $547 million in commercial NPAs and increased $239 million from the first quarter of 2008, accounting for approximately half of the increase in total commercial NPAs.

Consumer NPAs of $674 million, or 2.00 percent, increased $141 million, or 26 percent, in the second quarter of 2008. Of the growth, $136 million was experienced in residential real estate portfolios. Residential mortgage NPAs increased $115 million to $448 million. Of residential mortgage NPAs, $12 million were in residential construction loans (of which $7 million was OREO). Home equity NPAs increased $21 million to $183 million. OREO represented $119 million of total residential mortgage NPAs and $32 million in total home equity NPAs. Residential real estate loans in Michigan and Florida represented 64 percent of the growth in residential real estate NPAs, 59 percent of total residential real estate NPAs, and 36 percent of total residential real estate loans. Included within consumer NPAs, primarily in residential real estate loans, were $318 million in troubled debt restructurings, including $146 million restructured in the second quarter of 2008. These debt restructurings assist qualifying borrowers in creating workable payment plans to enable them to remain in their homes.

Loans still accruing over 90 days past due were $605 million, up $67 million or 12 percent, from the first quarter of 2008. Consumer 90 days past due balances increased 10 percent from the previous quarter and commercial 90 days past due balances increased 15 percent. Growth in commercial and consumer 90 days past dues was generally concentrated in commercial real estate and residential mortgages.

Capital Position/Other

	For the Three Months Ended
	June 2008 (a)		March 2008		December 2007		September 2007		June 2007
Capital Position
Average shareholders’ equity to average assets	8.59	%	8.43	%	8.77	%	9.13	%	9.53	%
Tangible equity	6.37	%	6.19	%	6.14	%	7.00	%	7.18	%
Tangible common equity	5.40	%	6.19	%	6.14	%	6.99	%	7.17	%
Regulatory capital ratios:
Tier I capital	8.51	%	7.72	%	7.72	%	8.46	%	8.13	%
Total risk-based capital	12.15	%	11.34	%	10.16	%	10.87	%	10.54	%
Tier I leverage	9.08	%	8.28	%	8.50	%	9.23	%	8.76	%

(a) Current period regulatory capital data and ratios are estimated

During the second quarter, we issued $400 million in trust-preferred securities and $750 million of five-year senior notes. On June 18, 2008, we announced a plan to raise our target for the Tier 1 capital ratio to 8-9%. In conjunction with this plan, we issued $1.1 billion in convertible preferred securities which raised our Tier 1 ratio to the middle of our target range, We also announced a reduction in our quarterly dividend to $0.15 per share from the prior $0.44 level, which conserves approximately $1.2 billion of common equity by the end of 2009 relative to the previous dividend level. Additionally, we announced our intention to sell certain non-core businesses, which we expects to generate more than $1 billion on an after-tax basis.

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The tangible equity ratio increased 18 bps to 6.37 percent primarily due to the issuance of the convertible preferred securities, which contributed 96 bps to the ratio. The Tier 1 capital ratio increased 79 bps to 8.51 and the total capital ratio increased 81 bps, primarily due to the convertible preferred issuance which contributed 93 bps to both Tier 1 and Total capital.

As previously disclosed, Fifth Third filed suit against the IRS seeking a refund of taxes paid as a result of the audit of the 1997 tax year. This suit involves a determination of the correct tax treatment of certain leveraged leases entered into by the Company. The outcome of this litigation will likely impact a number of leveraged leases we entered into during 1997 through 2004. After a jury trial, the jury rendered a verdict in the form of answers to interrogatories, some of which favored Fifth Third and some of which favored the IRS. No judgment has been entered by the Court in the case and the parties dispute the judgment that should be entered in light of the jury’s responses to the interrogatories. Both the IRS and Fifth Third will be filing briefs, after which the Court will enter a judgment. The nature and timing of the Court’s decision is uncertain. During the second quarter of 2008, two other decisions involving the tax treatment of leveraged leases were issued where the courts ruled in favor of the IRS. To date, the decisions issued have been dependent on the specific facts in each case. We continue to believe that the facts and circumstances related to our leveraged leases are different from these other cases, that our tax treatment was proper under the tax law as it existed at the time the tax benefits were reported, and that the facts in our case support our position. We are required under applicable accounting standards to assess the likeliness of a favorable outcome of this litigation. In light of recent decisions and uncertainty related to our own case, we have concluded that previously recognized benefits from the transactions at issue in the litigation and certain other leveraged leases described above must be remeasured as required by FIN 48 and have recorded the charges described earlier. We believe these charges address the downside risk we have related to leveraged leases should there be a negative outcome in our case. We intend to continue pursuing a favorable disposition of this matter.

On May 5, 2008, we completed our acquisition of nine branches from First Horizon National Corporation, assuming their deposits. First Horizon retained all loans held at the branches. Additionally, on June 6, 2008, we completed our acquisition of First Charter Corporation, paying $31.00 per First Charter share, or approximately $1.1 billion. This transaction reduced tangible equity capital ratios by approximately 65 bps.

Outlook

The following outlook represents currently expected full year 2008 growth rates compared with full year 2007 results. Note that the current outlook includes the effect of the second quarter acquisitions of First Charter and branches from First Horizon, not previously included in the outlook. Our outlook is based on current expectations as of the date of this release for results within our businesses; prevailing views related to economic growth, inflation, unemployment and other economic factors, and market forward interest rate expectations. These expectations are inherently subject to risks and uncertainties. There are a number of factors that could cause results to differ materially from historical performance and these expectations,

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including the effects of unusually high market volatility and factors contributing to industry-wide and company-specific credit losses. We undertake no obligation to update these expectations after the date of this release. Please refer to the forward-looking statement at the end of this release for important information regarding risk factors related to current and future results.

Category	Growth, percentage, or bps range
Net interest income#	Mid-teens
Net interest margin	3.50-3.60%
Noninterest income*	Low-to-mid teens
Noninterest expense**	10-12%
Average loans	High single digits
Average core deposits	Mid single digits
Net charge-offs	160-170 bps range
Allowance for loan loss reserve/loans	>2 percent by year-end***
Effective tax rate [non-tax equivalent]#	Approximately 27-28 percent
Tangible equity/tangible asset ratio	Target 6-7%
Tier 1 capital ratio	Target 8-9%
Total capital ratio	Target 11.5-12.5%

^# comparison with 2007 excludes second quarter 2008 charges related to leveraged lease litigation ($130 million pre-tax in net interest income and $140 million in pre- and after-tax charges in tax expense).

* comparison with 2007 excludes $273 million in first quarter 2008 gains related to Visa’s IPO and non-cash charges to lower the cash surrender value of one of our BOLI policies of an estimated $152 million in the first quarter of 2008 and $177 million in the fourth quarter of 2007

** comparison with 2007 excludes $152 million in reversals of litigation reserves in first quarter 2008 related to Visa’s IPO, $20 million in merger-related charges in first and second quarters 2008, $9 million in severance expenses in the first quarter of 2008, and, in 2007, $172 million for charges in potential future Visa litigation settlements and $8 million of acquisition-related expenses

*** subject to loan loss allowance model.

Conference Call

Fifth Third will host a conference call to discuss these financial results at 8:30 a.m. (Eastern Time) today. This conference call will be webcast live by Thomson Financial and may be accessed through the Fifth Third Investor Relations website at www.53.com (click on “About Fifth Third” then “Investor Relations”). The webcast also is being distributed over Thomson Financial’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through Thomson Financial’s individual investor center at www.earnings.com or by visiting any of the investor sites in Thomson Financial’s Individual Investor Network. Institutional investors can access the call via Thomson Financial’s password-protected event management site, StreetEvents (www.streetevents.com).

Those unable to listen to the live webcast may access a webcast replay or podcast through the Fifth Third Investor Relations website at the same web address. Additionally, a telephone replay of the conference call

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will be available beginning approximately two hours after the conference call until Tuesday, August 4th by dialing 800-642-1687 for domestic access and 706-645-9291 for international access (passcode 50436837#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of June 30, 2008, the Company has $115 billion in assets, operates 18 affiliates with 1,308 full-service Banking Centers, including 97 Bank Mart^® locations open seven days a week inside select grocery stores and 2,329 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2008, has $207 billion in assets under care, of which it managed $31 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the NASDAQ^® National Global Select Market under the symbol “FITB.”

FORWARD-LOOKING STATEMENTS

This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of Sections 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, that involve inherent risks and uncertainties. This report may contain certain forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance and business of Fifth Third Bancorp and/or the combined company including statements preceded by, followed by or that include the words or phrases such as “believes,” “expects,” “anticipates,” “plans,” “trend,” “objective,” “continue,” “remain” or similar expressions or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may” or similar expressions. There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and weakening in the economy, specifically the real estate market, either national or in the states in which Fifth Third, one or more acquired entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) changes and trends in capital markets; (8) competitive pressures among depository institutions increase significantly; (9) effects of critical accounting policies and judgments; (10) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; (11) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged; (12) ability to maintain favorable ratings from rating agencies; (13) fluctuation of Fifth Third’s stock price; (14) ability to attract and retain key personnel; (15) ability to receive dividends from its subsidiaries; (16) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (17) effects of accounting or financial results of one or more acquired entities; (18) difficulties in combining the operations of acquired entities; (19) inability to generate the gains on sale and related increase in shareholders’ equity that it anticipates from the sale of certain non-corebusinesses, (20) loss of income from the sale of certain non-core businesses could have an adverse effect on Fifth Third’s earnings and future growth (21) ability to secure confidential information through the use of computer systems and telecommunications networks; and (22) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity. Additional information concerning factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements is available in the Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2007, filed with the United States Securities and Exchange Commission (SEC). Copies of this filing are available at no cost on the SEC’s Web site at www.sec.gov or on the Fifth Third’s Web site at www.53.com. Fifth Third undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this report.

# # #

14

Quarterly Financial Review for June 30, 2008

Table of Contents

Financial Highlights	16-17
Consolidated Statements of Income	18
Consolidated Statements of Income (Taxable Equivalent)	19
Consolidated Balance Sheets	20-21
Consolidated Statements of Changes in Shareholders’ Equity	22
Average Balance Sheet and Yield Analysis	23-25
Summary of Loans and Leases	26
Regulatory Capital	27
Summary of Credit Loss Experience	28
Asset Quality	29
Segment Presentation	30

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Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended									% Change				Year to Date						% Change
	June 2008			March 2008			June 2007			Seq		Yr/Yr		June 2008			June 2007			Yr/Yr
Income Statement Data
Net interest income (a)	$	744		$	826		$	745		(10	%)	—		$	1,570		$	1,487		6	%
Noninterest income		722			864			669		(16	%)	8	%		1,587			1,277		24	%
Total revenue (a)		1,466			1,690			1,414		(13	%)	4	%		3,157			2,764		14	%
Provision for loan and lease losses		719			544			121		32	%	492	%		1,263			205		515	%
Noninterest expense		858			715			765		20	%	12	%		1,576			1,517		4	%
Net income (loss)		(202	)		286			376		NM		NM			84			735		(89	%)
Common Share Data
Earnings per share, basic		($0.37	)	$	0.54		$	0.69		NM		NM		$	0.16		$	1.35		(88	%)
Earnings per share, diluted		(0.37	)		0.54			0.69		NM		NM			0.16			1.34		(88	%)
Cash dividends per common share	$	0.15		$	0.44		$	0.42		(66	%)	(64	%)	$	0.59		$	0.84		(30	%)
Book value per share		18.62			17.57			17.16		6	%	9	%		18.62			17.16		9	%
Dividend payout ratio		(42.7	%)		81.8	%		59.7	%	NM		NM			380.0	%		62.0	%	513	%
Market price per share		10.18			20.92			39.77		(51	%)	(74	%)		10.18			39.77		(74	%)
Common shares outstanding (in thousands)		577,530			532,106			535,697		9	%	8	%		577,530			535,697		8	%
Average common shares outstanding (in thousands):
Basic		540,030			528,498			540,264		2	%	—			534,264			545,851		(2	%)
Diluted		540,030			530,372			543,228		2	%	(1	%)		542,722			548,671		(1	%)
Market capitalization	$	5,879		$	11,132		$	21,305		(47	%)	(72	%)	$	5,879		$	21,305		(72	%)
Price/earnings ratio (b)		11.98			11.19			18.58		7	%	(36	%)		11.98			18.58		(36	%)
Financial Ratios
Return on average assets		(0.73	%)		1.03	%		1.49	%	NM		NM			0.15	%		1.48	%	(90	%)
Return on average equity		(8.4	%)		12.3	%		15.7	%	NM		NM			1.8	%		15.1	%	(88	%)
Noninterest income as a percent of total revenue		49	%		51	%		47	%	(4	%)	4	%		50	%		46	%	9	%
Average equity as a percent of average assets		8.59	%		8.43	%		9.53	%	2	%	(10	%)		8.51	%		9.78	%	(13	%)
Tangible equity (c)		6.37	%		6.19	%		7.18	%	3	%	(11	%)		6.37	%		7.18	%	(11	%)
Tangible common equity		5.40	%		6.19	%		7.17	%	(13	%)	(25	%)		5.40	%		7.17	%	(25	%)
Net interest margin (a)		3.04	%		3.41	%		3.37	%	(11	%)	(10	%)		3.22	%		3.40	%	(5	%)
Efficiency (a)		58.6	%		42.3	%		54.1	%	39	%	8	%		49.9	%		54.9	%	(9	%)
Effective tax rate		(72.4	%)		32.6	%		28.1	%	NM		NM			72.6	%		28.7	%	153	%
Credit Quality
Net losses charged off	$	344		$	276		$	102		25	%	237	%	$	620		$	173		258	%
Net losses charged off as a percent of average loans and leases		1.66	%		1.37	%		0.55	%	21	%	202	%		1.52	%		0.47	%	223	%
Allowance for loan and lease losses as a percent of loans and leases		1.85	%		1.49	%		1.06	%	24	%	75	%		1.85	%		1.06	%	75	%
Allowance for credit losses as a percent of loans and leases		1.98	%		1.62	%		1.16	%	22	%	71	%		1.98	%		1.16	%	71	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned		2.56	%		1.96	%		0.70	%	31	%	266	%		2.56	%		0.70	%	266	%
Average Balances
Loans and leases, including held for sale	$	85,212		$	84,912		$	77,048		—		11	%	$	85,062		$	76,457		11	%
Total securities and other short-term investments		13,363			12,597			11,741		6	%	14	%		12,980			11,726		11	%
Total assets		112,098			111,291			100,767		1	%	11	%		111,694			99,984		12	%
Transaction deposits (e)		53,763			53,458			50,932		1	%	6	%		53,610			50,520		6	%
Core deposits (f)		63,280			64,342			61,712		(2	%)	3	%		63,811			61,428		4	%
Wholesale funding (g)		35,160			33,219			25,393		6	%	38	%		34,189			24,796		38	%
Shareholders’ equity		9,629			9,379			9,599		3	%	—			9,504			9,783		(3	%)
Regulatory Capital Ratios (d)
Tier I capital		8.51	%		7.72	%		8.13	%	10	%	5	%		8.51	%		8.13	%	5	%
Total risk-based capital		12.15	%		11.34	%		10.54	%	7	%	15	%		12.15	%		10.54	%	15	%
Tier I leverage		9.08	%		8.28	%		8.76	%	10	%	4	%		9.08	%		8.76	%	4	%
Operations
Banking centers		1,308			1,232			1,167		6	%	12	%		1,308			1,167		12	%
ATMs		2,329			2,221			2,132		5	%	9	%		2,329			2,132		9	%
Full-time equivalent employees		21,617			21,726			21,033		(1	%)	3	%		21,617			21,033		3	%

(a) Presented on a fully taxable equivalent basis

(b) Based on the most recent twelve-month diluted earnings per share and end of period stock prices

(c) Total assets and total shareholders’ equity are reduced by goodwill, intangibles and accumulated other comprehensive income to calculate tangible equity

(d) Current period regulatory capital ratios are estimates

(e) Includes demand, interest checking, savings, money market and foreign office deposits of commercial customers

(f) Includes transaction deposits plus other time deposits

(g) Includes certificates $100,000 and over, other foreign office deposits, federal funds purchased, short-term borrowings and long-term debt

16

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Income Statement Data
Net interest income (a)	$	744		$	826		$	785		$	760		$	745
Noninterest income		722			864			509			681			669
Total revenue (a)		1,466			1,690			1,294			1,441			1,414
Provision for loan and lease losses		719			544			284			139			121
Noninterest expense		858			715			940			853			765
Net income (loss)		(202	)		286			16			325			376
Common Share Data
Earnings per share, basic		($0.37	)	$	0.54		$	0.03		$	0.61		$	0.69
Earnings per share, diluted		(0.37	)		0.54			0.03			0.61			0.69
Cash dividends per common share	$	0.15		$	0.44		$	0.44		$	0.42		$	0.42
Book value per share		18.62			17.57			17.20			17.45			17.16
Dividend payout ratio		(42.7	%)		81.8	%		1,435.0	%		68.7	%		59.7	%
Market price per share		10.18			20.92			25.13			33.88			39.77
Common shares outstanding (in thousands)		577,530			532,106			532,672			532,627			535,697
Average common shares outstanding (in thousands):
Basic		540,030			528,498			529,120			530,123			540,264
Diluted		540,030			530,372			530,939			532,471			543,228
Market capitalization	$	5,879		$	11,132		$	13,386		$	18,045		$	21,305
Price/earnings ratio (b)		11.98			11.19			12.69			16.37			18.58
Financial Ratios
Return on average assets		(0.73	%)		1.03	%		0.06	%		1.26	%		1.49	%
Return on average equity		(8.4	%)		12.3	%		0.7	%		13.8	%		15.7	%
Noninterest income as a percent of total revenue		49	%		51	%		39	%		47	%		47	%
Average equity as a percent of average assets		8.59	%		8.43	%		8.77	%		9.13	%		9.53	%
Tangible equity (c)		6.37	%		6.19	%		6.14	%		7.00	%		7.18	%
Tangible common equity		5.40	%		6.19	%		6.14	%		6.99	%		7.17	%
Net interest margin (a)		3.04	%		3.41	%		3.29	%		3.34	%		3.37	%
Efficiency (a)		58.6	%		42.3	%		72.6	%		59.2	%		54.1	%
Effective tax rate		(72.4	%)		32.6	%		74.5	%		26.7	%		28.1	%
Credit Quality
Net losses charged off	$	344		$	276		$	174		$	115		$	102
Net losses charged off as a percent of average loans and leases		1.66	%		1.37	%		0.89	%		0.60	%		0.55	%
Allowance for loan and lease losses as a percent of loans and leases		1.85	%		1.49	%		1.17	%		1.08	%		1.06	%
Allowance for credit losses as a percent of loans and leases		1.98	%		1.62	%		1.29	%		1.19	%		1.16	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned		2.56	%		1.96	%		1.32	%		0.92	%		0.70	%
Average Balances
Loans and leases, including held for sale	$	85,212		$	84,912		$	82,172		$	78,243		$	77,048
Total securities and other short-term investments		13,363			12,597			12,506			12,169			11,741
Total assets		112,098			111,291			107,727			102,131			100,767
Transaction deposits (e)		53,763			53,458			51,967			50,922			50,932
Core deposits (f)		63,280			64,342			62,978			61,212			61,712
Wholesale funding (g)		35,160			33,219			31,344			28,001			25,393
Shareholders’ equity		9,629			9,379			9,446			9,324			9,599
Regulatory Capital Ratios (d)
Tier I capital		8.51	%		7.72	%		7.72	%		8.46	%		8.13	%
Total risk-based capital		12.15	%		11.34	%		10.16	%		10.87	%		10.54	%
Tier I leverage		9.08	%		8.28	%		8.50	%		9.23	%		8.76	%
Operations
Banking centers		1,308			1,232			1,227			1,181			1,167
ATMs		2,329			2,221			2,211			2,153			2,132
Full-time equivalent employees		21,617			21,726			21,683			20,775			21,033

(a) Presented on a fully taxable equivalent basis

(b) Based on the most recent twelve-month diluted earnings per share and end of period stock prices

(c) Total assets and total shareholders’ equity are reduced by goodwill, intangibles and accumulated other comprehensive income to calculate tangible equity

(d) Current period regulatory capital ratios are estimates

(e) Includes demand, interest checking, savings, money market and foreign office deposits of commercial customers

(f) Includes transaction deposits plus other time deposits

(g) Includes certificates $100,000 and over, other foreign office deposits, federal funds purchased, short-term borrowings and long-term debt

17

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income

$ in millions

(unaudited)

	For the Three Months Ended							% Change				Year to Date				% Change
	June 2008			March 2008		June 2007		Seq		Yr/Yr		June 2008		June 2007		Yr/Yr
Interest Income
Interest and fees on loans and leases	$	1,050		$	1,290	$	1,343	(19	%)	(22	%)	$	2,340	$	2,657	(12	%)
Interest on securities		155			152		143	2	%	8	%		307		286	7	%
Interest on other short-term investments		2			5		3	(52	%)	(10	%)		7		6	25	%
Total interest income		1,207			1,447		1,489	(17	%)	(19	%)		2,654		2,949	(10	%)
Interest Expense
Interest on deposits		278			399		505	(30	%)	(45	%)		677		1,003	(33	%)
Interest on short-term borrowings		49			80		72	(39	%)	(32	%)		129		131	(2	%)
Interest on long-term debt		142			148		173	(4	%)	(18	%)		289		340	(15	%)
Total interest expense		469			627		750	(25	%)	(37	%)		1,095		1,474	(26	%)
Net Interest Income		738			820		739	(10	%)	—			1,559		1,475	6	%
Provision for loan and lease losses		719			544		121	32	%	492	%		1,263		205	515	%
Net interest income after provision for loan and lease losses		19			276		618	(93	%)	(97	%)		296		1,270	(77	%)
Noninterest Income
Electronic payment processing revenue		235			213		205	10	%	15	%		447		390	15	%
Service charges on deposits		159			147		142	8	%	12	%		307		268	14	%
Investment advisory revenue		92			93		97	(1	%)	(5	%)		185		193	(4	%)
Corporate banking revenue		111			107		88	3	%	26	%		218		171	28	%
Mortgage banking net revenue		86			97		41	(11	%)	108	%		182		81	126	%
Other noninterest income		49			177		96	(72	%)	(49	%)		228		174	31	%
Securities gains (losses), net		(10	)		27		—	NM		NM			17		—	NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			3		—	(100	%)	NM			3		—	NM
Total noninterest income		722			864		669	(16	%)	8	%		1,587		1,277	24	%
Noninterest Expense
Salaries, wages and incentives		331			347		309	(5	%)	7	%		679		601	13	%
Employee benefits		60			85		68	(29	%)	(11	%)		145		155	(7	%)
Payment processing expense		67			66		59	2	%	14	%		133		111	20	%
Net occupancy expense		73			72		68	2	%	8	%		145		133	9	%
Technology and communications		49			47		41	3	%	18	%		96		81	18	%
Equipment expense		31			31		31	—		—			61		60	2	%
Other noninterest expense		247			67		189	269	%	31	%		317		376	(16	%)
Total noninterest expense		858			715		765	20	%	12	%		1,576		1,517	4	%
Income (loss) before income taxes		(117	)		425		522	NM		NM			307		1,030	(70	%)
Applicable income taxes		85			139		146	(39	%)	(42	%)		223		295	(24	%)
Net income (loss)		($202	)	$	286	$	376	NM		NM		$	84	$	735	(89	%)
Net income (loss) available to common shareholders		(202	)		286		375	NM		NM			84		734	(89	%)

(a) Dividends on preferred stock are $.185 million for all quarters presented

18

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	June 2008			March 2008		December 2007			September 2007		June 2007
Interest Income
Interest and fees on loans and leases	$	1,050		$	1,290	$	1,386		$	1,376	$	1,343
Interest on securities		155			152		157			147		143
Interest on other short-term investments		2			5		7			6		3
Total interest income		1,207			1,447		1,550			1,529		1,489
Taxable equivalent adjustment		6			6		6			6		6
Total interest income (taxable equivalent)		1,213			1,453		1,556			1,535		1,495
Interest Expense
Interest on deposits		278			399		493			511		505
Interest on short-term borrowings		49			80		100			93		72
Interest on long-term debt		142			148		178			171		173
Total interest expense		469			627		771			775		750
Net interest income (taxable equivalent)		744			826		785			760		745
Provision for loan and lease losses		719			544		284			139		121
Net interest income (taxable equivalent) after provision for loan and lease losses		25			282		501			621		624
Noninterest Income
Electronic payment processing revenue		235			213		223			212		205
Service charges on deposits		159			147		160			151		142
Investment advisory revenue		92			93		94			95		97
Corporate banking revenue		111			107		106			91		88
Mortgage banking net revenue		86			97		26			26		41
Other noninterest income		49			177		(113	)		93		96
Securities gains (losses), net		(10	)		27		7			13		—
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			3		6			—		—
Total noninterest income		722			864		509			681		669
Noninterest Expense
Salaries, wages and incentives		331			347		328			310		309
Employee benefits		60			85		56			67		68
Payment processing expense		67			66		68			65		59
Net occupancy expense		73			72		70			66		68
Technology and communications		49			47		47			41		41
Equipment expense		31			31		32			30		31
Other noninterest expense		247			67		339			274		189
Total noninterest expense		858			715		940			853		765
Income (loss) before income taxes (taxable equivalent)		(111	)		431		70			449		528
Taxable equivalent adjustment		6			6		6			6		6
Income (loss) before income taxes		(117	)		425		64			443		522
Applicable income taxes		85			139		48			118		146
Net income (loss)		($202)		$	286	$	16		$	325	$	376
Net income (loss) available to common shareholders (a)		($202)		$	286	$	16		$	325	$	375

(a) Dividends on preferred stock are $.185 million for all quarters presented

19

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	June 2008			March 2008			June 2007			Seq		Yr/Yr
Assets
Cash and due from banks	$	2,853		$	3,092		$	2,294		(8	%)	24	%
Available-for-sale and other securities (a)		12,718			12,421			11,015		2	%	15	%
Held-to-maturity securities (b)		361			353			346		2	%	4	%
Trading securities		241			184			148		31	%	63	%
Other short-term investments		286			517			437		(45	%)	(35	%)
Loans held for sale		889			2,573			1,708		(65	%)	(48	%)
Portfolio loans and leases:
Commercial loans		28,958			26,590			22,152		9	%	31	%
Commercial mortgage loans		13,394			12,155			11,044		10	%	21	%
Commercial construction loans		6,007			5,592			5,469		7	%	10	%
Commercial leases		3,647			3,727			3,697		(2	%)	(1	%)
Residential mortgage loans		9,866			9,873			8,477		—		16	%
Home equity		12,421			11,803			11,780		5	%	5	%
Automobile loans		8,362			8,394			10,714		—		(22	%)
Credit card		1,717			1,686			1,263		2	%	36	%
Other consumer loans and leases		1,152			1,066			1,113		8	%	4	%
Portfolio loans and leases		85,524			80,886			75,709		6	%	13	%
Allowance for loan and lease losses		(1,580	)		(1,205	)		(803	)	31	%	97	%
Portfolio loans and leases, net		83,944			79,681			74,906		5	%	12	%
Bank premises and equipment		2,444			2,265			2,063		8	%	18	%
Operating lease equipment		364			317			209		15	%	74	%
Goodwill		3,603			2,460			2,192		46	%	64	%
Intangible assets		203			143			147		42	%	38	%
Servicing rights		701			596			607		18	%	16	%
Other assets		6,368			6,794			5,318		(6	%)	20	%
Total assets	$	114,975		$	111,396		$	101,390		3	%	13	%
Liabilities
Deposits:
Demand	$	16,259		$	14,949		$	13,524		9	%	20	%
Interest checking		14,002			14,842			14,672		(6	%)	(5	%)
Savings		16,602			16,572			15,036		—		10	%
Money market		6,806			7,077			6,334		(4	%)	7	%
Foreign office		2,174			2,354			1,744		(8	%)	25	%
Other time		9,839			9,883			10,428		—		(6	%)
Certificates - $100,000 and over		10,870			4,993			6,204		118	%	75	%
Other foreign office		864			731			1,251		18	%	(31	%)
Total deposits		77,416			71,401			69,193		8	%	12	%
Federal funds purchased		2,447			5,612			3,824		(56	%)	(36	%)
Other short-term borrowings		5,628			6,387			3,331		(12	%)	69	%
Accrued taxes, interest and expenses		1,864			2,377			2,114		(22	%)	(12	%)
Other liabilities		1,820			2,226			1,780		(18	%)	2	%
Long-term debt		15,046			14,041			11,957		7	%	26	%
Total liabilities		104,221			102,044			92,199		2	%	13	%
Total shareholders’ equity (c)		10,754			9,352			9,191		15	%	17	%
Total liabilities and shareholders’ equity	$	114,975		$	111,396		$	101,390		3	%	13	%
(a)    Amortized cost	$	12,935		$	12,417		$	11,370		4	%	14	%
(b)    Market values		361			353			346		2	%	4	%
(c)    Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			1,300,000			1,300,000		54	%	54	%
Outstanding, excluding treasury		577,530			532,106			535,697		9	%	8	%
Treasury		5,897			51,321			47,730		(89	%)	(88	%)

20

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	June 2008			March 2008			December 2007			September 2007			June 2007
Assets
Cash and due from banks	$	2,853		$	3,092		$	2,660		$	2,494		$	2,294
Available-for-sale and other securities (a)		12,718			12,421			10,677			10,777			11,015
Held-to-maturity securities (b)		361			353			355			346			346
Trading securities		241			184			171			155			148
Other short-term investments		286			517			620			765			437
Loans held for sale		889			2,573			4,329			2,761			1,708
Portfolio loans and leases:
Commercial loans		28,958			26,590			24,813			22,649			22,152
Commercial mortgage loans		13,394			12,155			11,862			11,090			11,044
Commercial construction loans		6,007			5,592			5,561			5,463			5,469
Commercial leases		3,647			3,727			3,737			3,710			3,697
Residential mortgage loans		9,866			9,873			10,540			9,057			8,477
Home equity		12,421			11,803			11,874			11,737			11,780
Automobile loans		8,362			8,394			9,201			10,006			10,714
Credit card		1,717			1,686			1,591			1,460			1,263
Other consumer loans and leases		1,152			1,066			1,074			1,082			1,113
Portfolio loans and leases		85,524			80,886			80,253			76,254			75,709
Allowance for loan and lease losses		(1,580	)		(1,205	)		(937	)		(827	)		(803	)
Portfolio loans and leases, net		83,944			79,681			79,316			75,427			74,906
Bank premises and equipment		2,444			2,265			2,223			2,127			2,063
Operating lease equipment		364			317			353			283			209
Goodwill		3,603			2,460			2,470			2,192			2,192
Intangible assets		203			143			147			138			147
Servicing rights		701			596			618			626			607
Other assets		6,368			6,794			7,023			6,174			5,318
Total assets	$	114,975		$	111,396		$	110,962		$	104,265		$	101,390
Liabilities
Deposits:
Demand	$	16,259		$	14,949		$	14,404		$	13,174		$	13,524
Interest checking		14,002			14,842			15,254			14,294			14,672
Savings		16,602			16,572			15,635			15,599			15,036
Money market		6,806			7,077			6,521			6,163			6,334
Foreign office		2,174			2,354			2,572			2,014			1,744
Other time		9,839			9,883			11,440			10,267			10,428
Certificates - $100,000 and over		10,870			4,993			6,738			5,973			6,204
Other foreign office		864			731			2,881			1,898			1,251
Total deposits		77,416			71,401			75,445			69,382			69,193
Federal funds purchased		2,447			5,612			4,427			5,130			3,824
Other short-term borrowings		5,628			6,387			4,747			3,796			3,331
Accrued taxes, interest and expenses		1,864			2,377			2,427			2,295			2,114
Other liabilities		1,820			2,226			1,898			1,871			1,780
Long-term debt		15,046			14,041			12,857			12,498			11,957
Total liabilities		104,221			102,044			101,801			94,972			92,199
Total shareholders’ equity (c)		10,754			9,352			9,161			9,293			9,191
Total liabilities and shareholders’ equity	$	114,975		$	111,396		$	110,962		$	104,265		$	101,390
(a)    Amortized cost	$	12,935		$	12,417		$	10,821		$	11,007		$	11,370
(b)    Market values		361			353			355			346			346
(c)    Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			1,300,000			1,300,000			1,300,000			1,300,000
Outstanding, excluding treasury		577,530			532,106			532,672			532,627			535,697
Treasury		5,897			51,321			51,516			50,800			47,730

21

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

$ in millions

(unaudited)

	For the Three Months Ended						Year to Date
	June 2008			June 2007			June 2008			June 2007
Total shareholders’ equity, beginning	$	9,352		$	9,804		$	9,161		$	10,022
Net income (loss)		(202	)		376			84			735
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		(134	)		(125	)		(38	)		(111	)
Qualifying cash flow hedges		(30	)		(7	)		9			(7	)
Change in accumulated other comprehensive income related to employee benefit plans		1			2			3			3
Comprehensive income		(365	)		246			58			620
Cash dividends declared:
Common stock		(87	)		(225	)		(321	)		(456	)
Preferred stock (a)		—			—			—			—
Issuance of preferred stock		1,072			—			1,072			—
Stock-based awards exercised, including treasury shares issued		(2	)		27			—			45
Stock-based compensation expense		15			18			28			35
Loans repaid (issued) related to exercise of stock-based awards, net		4			—			2			2
Change in corporate tax benefit related to stock-based compensation		(5	)		8			(15	)		3
Shares issued in an acquisition		770			—			770			—
Shares acquired for treasury		—			(693	)		—			(973	)
Impact of cumulative effect of change in accounting principle (b)		—			—			—			(98	)
Other		—			6			(1	)		(9	)
Total shareholders’ equity, ending	$	10,754		$	9,191		$	10,754		$	9,191

(a) Dividends on preferred stock are $.185 million for all quarters presented

(b) 2007 includes $96 million impact due to the adoption of FSP FAS 13-2, “Accounting for a Change or Projected Change in the Timing of Cash Flows Relating to Income Taxes Generated by a Leverage Lease Transaction” on January 1, 2007 and $2 million impact due to the adoption of FIN No. 48, “Accounting for Uncertainty in Income Taxes—An Interpretation of FASB Statement No. 109” on January 1, 2007.

22

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	June 2008			March 2008			June 2007			Seq		Yr/Yr
Assets
Interest-earning assets:
Commercial loans	$	28,557		$	26,617		$	21,587		7	%	32	%
Commercial mortgage loans		12,590			12,052			11,030		4	%	14	%
Commercial construction loans		5,700			5,577			5,595		2	%	2	%
Commercial leases		3,747			3,723			3,678		1	%	2	%
Residential mortgage loans		11,244			11,699			10,201		(4	%)	10	%
Home equity		12,012			11,846			11,886		1	%	1	%
Automobile loans		8,439			10,542			10,552		(20	%)	(20	%)
Credit card		1,703			1,660			1,248		3	%	36	%
Other consumer loans and leases		1,220			1,196			1,271		2	%	(4	%)
Taxable securities		12,554			11,560			11,030		9	%	14	%
Tax exempt securities		364			403			508		(10	%)	(28	%)
Other short-term investments		445			634			203		(30	%)	119	%
Total interest-earning assets		98,575			97,509			88,789		1	%	11	%
Cash and due from banks		2,357			2,236			2,235		5	%	5	%
Other assets		12,370			12,477			10,524		(1	%)	18	%
Allowance for loan and lease losses		(1,204	)		(931	)		(781	)	29	%	54	%
Total assets	$	112,098		$	111,291		$	100,767		1	%	11	%
Liabilities
Interest-bearing liabilities:
Interest checking	$	14,396		$	14,836		$	15,061		(3	%)	(4	%)
Savings		16,583			16,075			14,620		3	%	13	%
Money market		6,592			6,896			6,244		(4	%)	6	%
Foreign office		2,169			2,443			1,637		(11	%)	33	%
Other time		9,517			10,884			10,780		(13	%)	(12	%)
Certificates - $100,000 and over		8,143			5,835			6,511		40	%	25	%
Other foreign office		2,948			3,861			732		(24	%)	303	%
Federal funds purchased		3,643			5,258			3,540		(31	%)	3	%
Other short-term borrowings		5,623			4,937			2,372		14	%	137	%
Long-term debt		14,803			13,328			12,238		11	%	21	%
Total interest-bearing liabilities		84,417			84,353			73,735		—		14	%
Demand deposits		14,023			13,208			13,370		6	%	5	%
Other liabilities		4,029			4,351			4,063		(7	%)	(1	%)
Total liabilities		102,469			101,912			91,168		1	%	12	%
Shareholders’ equity		9,629			9,379			9,599		3	%	—
Total liabilities and shareholders’ equity	$	112,098		$	111,291		$	100,767		1	%	11	%
Yield Analysis
Interest-earning assets:
Commercial loans		5.04	%		5.99	%		7.45	%
Commercial mortgage loans		5.93	%		6.28	%		7.30	%
Commercial construction loans		5.44	%		5.64	%		7.69	%
Commercial leases		-9.77	%		4.30	%		4.32	%
Residential mortgage loans		6.10	%		6.14	%		6.12	%
Home equity		5.61	%		6.46	%		7.66	%
Automobile loans		6.23	%		6.41	%		6.25	%
Credit card		9.28	%		9.15	%		10.62	%
Other consumer loans and leases		4.97	%		5.52	%		5.48	%
Total loans and leases		4.97	%		6.13	%		7.01	%
Taxable securities		4.83	%		5.13	%		4.98	%
Tax exempt securities		7.32	%		7.31	%		7.38	%
Other short-term investments		2.12	%		3.08	%		5.18	%
Total interest-earning assets		4.95	%		5.99	%		6.75	%
Interest-bearing liabilities:
Interest checking		0.78	%		1.44	%		2.21	%
Savings		1.16	%		1.81	%		3.23	%
Money market		1.76	%		2.74	%		4.44	%
Foreign office		1.42	%		2.48	%		4.38	%
Other time		3.52	%		4.30	%		4.63	%
Certificates - $100,000 and over		3.29	%		4.44	%		5.12	%
Other foreign office		2.10	%		3.22	%		5.31	%
Federal funds purchased		2.08	%		3.26	%		5.31	%
Other short-term borrowings		2.15	%		3.02	%		4.31	%
Long-term debt		3.85	%		4.48	%		5.65	%
Total interest-bearing liabilities		2.23	%		2.99	%		4.08	%
Ratios:
Net interest margin (taxable equivalent)		3.04	%		3.41	%		3.37	%
Net interest rate spread (taxable equivalent)		2.72	%		3.00	%		2.67	%
Interest-bearing liabilities to interest-earning assets		85.64	%		86.51	%		83.05	%

23

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	June 2008			June 2007			Yr/Yr
Assets
Interest-earning assets:
Commercial loans	$	27,587		$	21,249		30	%
Commercial mortgage loans		12,321			10,799		14	%
Commercial construction loans		5,639			5,803		(3	%)
Commercial leases		3,735			3,669		2	%
Residential mortgage loans		11,472			10,184		13	%
Home equity		11,929			11,979		—
Automobile loans		9,491			10,392		(9	%)
Credit card		1,681			1,135		48	%
Other consumer loans and leases		1,207			1,247		(3	%)
Taxable securities		12,057			10,991		10	%
Tax exempt securities		383			521		(26	%)
Other short-term investments		540			214		152	%
Total interest-earning assets		98,042			88,183		11	%
Cash and due from banks		2,296			2,243		2	%
Other assets		12,424			10,333		20	%
Allowance for loan and lease losses		(1,068	)		(775	)	38	%
Total assets	$	111,694		$	99,984		12	%
Liabilities
Interest-bearing liabilities:
Interest checking	$	14,616		$	15,284		(4	%)
Savings		16,329			14,157		15	%
Money market		6,744			6,310		7	%
Foreign office		2,306			1,491		55	%
Other time		10,201			10,908		(6	%)
Certificates - $100,000 and over		6,989			6,596		6	%
Other foreign office		3,405			549		520	%
Federal funds purchased		4,451			3,026		47	%
Other short-term borrowings		5,280			2,386		121	%
Long-term debt		14,064			12,239		15	%
Total interest-bearing liabilities		84,385			72,946		16	%
Demand deposits		13,615			13,278		3	%
Other liabilities		4,190			3,977		5	%
Total liabilities		102,190			90,201		13	%
Shareholders’ equity		9,504			9,783		(3	%)
Total liabilities and shareholders’ equity	$	111,694		$	99,984		12	%
Yield Analysis
Interest-earning assets:
Commercial loans		5.50	%		7.48	%
Commercial mortgage loans		6.10	%		7.31	%
Commercial construction loans		5.54	%		7.72	%
Commercial leases		-2.76	%		4.33	%
Residential mortgage loans		6.12	%		6.14	%
Home equity		6.03	%		7.67	%
Automobile loans		6.33	%		6.21	%
Credit card		9.22	%		11.31	%
Other consumer loans and leases		5.24	%		5.29	%
Total loans and leases		5.55	%		7.02	%
Taxable securities		4.97	%		5.02	%
Tax exempt securities		7.32	%		7.39	%
Other short-term investments		2.69	%		5.45	%
Total interest-earning assets		5.47	%		6.77	%
Interest-bearing liabilities:
Interest checking		1.11	%		2.26	%
Savings		1.48	%		3.25	%
Money market		2.26	%		4.45	%
Foreign office		1.98	%		4.36	%
Other time		3.94	%		4.61	%
Certificates - $100,000 and over		3.77	%		5.15	%
Other foreign office		2.74	%		5.31	%
Federal funds purchased		2.77	%		5.31	%
Other short-term borrowings		2.56	%		4.34	%
Long-term debt		4.15	%		5.60	%
Total interest-bearing liabilities		2.61	%		4.07	%
Ratios:
Net interest margin (taxable equivalent)		3.22	%		3.40	%
Net interest rate spread (taxable equivalent)		2.86	%		2.70	%
Interest-bearing liabilities to interest-earning assets		86.07	%		82.72	%

24

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Assets
Interest-earning assets:
Commercial loans	$	28,557		$	26,617		$	24,526		$	22,345		$	21,587
Commercial mortgage loans		12,590			12,052			11,588			11,117			11,030
Commercial construction loans		5,700			5,577			5,544			5,499			5,595
Commercial leases		3,747			3,723			3,692			3,700			3,678
Residential mortgage loans		11,244			11,699			11,181			10,396			10,201
Home equity		12,012			11,846			11,843			11,752			11,886
Automobile loans		8,439			10,542			11,158			10,865			10,552
Credit card		1,703			1,660			1,461			1,366			1,248
Other consumer loans and leases		1,220			1,196			1,179			1,203			1,271
Taxable securities		12,554			11,560			11,360			11,180			11,030
Tax exempt securities		364			403			464			490			508
Other short-term investments		445			634			682			499			203
Total interest-earning assets		98,575			97,509			94,678			90,412			88,789
Cash and due from banks		2,357			2,236			2,424			2,189			2,235
Other assets		12,370			12,477			11,444			10,330			10,524
Allowance for loan and lease losses		(1,204	)		(931	)		(819	)		(800	)		(781	)
Total assets	$	112,098		$	111,291		$	107,727		$	102,131		$	100,767
Liabilities
Interest-bearing liabilities:
Interest checking	$	14,396		$	14,836		$	14,394		$	14,334		$	15,061
Savings		16,583			16,075			15,616			15,390			14,620
Money market		6,592			6,896			6,363			6,247			6,244
Foreign office		2,169			2,443			2,249			1,808			1,637
Other time		9,517			10,884			11,011			10,290			10,780
Certificates - $100,000 and over		8,143			5,835			6,613			6,062			6,511
Other foreign office		2,948			3,861			2,464			1,981			732
Federal funds purchased		3,643			5,258			4,189			4,322			3,540
Other short-term borrowings		5,623			4,937			4,890			3,285			2,372
Long-term debt		14,803			13,328			13,188			12,351			12,238
Total interest-bearing liabilities		84,417			84,353			80,977			76,070			73,735
Demand deposits		14,023			13,208			13,345			13,143			13,370
Other liabilities		4,029			4,351			3,959			3,594			4,063
Total liabilities		102,469			101,912			98,281			92,807			91,168
Shareholders’ equity		9,629			9,379			9,446			9,324			9,599
Total liabilities and shareholders’ equity	$	112,098		$	111,291		$	107,727		$	102,131		$	100,767
Yield Analysis
Interest-earning assets:
Commercial loans		5.04	%		5.99	%		6.99	%		7.45	%		7.45	%
Commercial mortgage loans		5.93	%		6.28	%		7.00	%		7.31	%		7.30	%
Commercial construction loans		5.44	%		5.64	%		6.75	%		7.55	%		7.69	%
Commercial leases		-9.77	%		4.30	%		4.26	%		4.23	%		4.32	%
Residential mortgage loans		6.10	%		6.14	%		6.10	%		6.12	%		6.12	%
Home equity		5.61	%		6.46	%		7.20	%		7.63	%		7.66	%
Automobile loans		6.23	%		6.41	%		6.41	%		6.34	%		6.25	%
Credit card		9.28	%		9.15	%		9.31	%		10.03	%		10.62	%
Other consumer loans and leases		4.97	%		5.52	%		5.56	%		5.29	%		5.48	%
Total loans and leases		4.97	%		6.13	%		6.70	%		6.99	%		7.01	%
Taxable securities		4.83	%		5.13	%		5.29	%		5.00	%		4.98	%
Tax exempt securities		7.32	%		7.31	%		7.20	%		7.17	%		7.38	%
Other short-term investments		2.12	%		3.08	%		4.30	%		4.93	%		5.18	%
Total interest-earning assets		4.95	%		5.99	%		6.52	%		6.73	%		6.75	%
Interest-bearing liabilities:
Interest checking		0.78	%		1.44	%		1.91	%		2.14	%		2.21	%
Savings		1.16	%		1.81	%		2.69	%		3.15	%		3.23	%
Money market		1.76	%		2.74	%		3.80	%		4.35	%		4.44	%
Foreign office		1.42	%		2.48	%		3.74	%		4.33	%		4.38	%
Other time		3.52	%		4.30	%		4.53	%		4.61	%		4.63	%
Certificates - $100,000 and over		3.29	%		4.44	%		4.88	%		5.11	%		5.12	%
Other foreign office		2.10	%		3.22	%		4.57	%		5.12	%		5.31	%
Federal funds purchased		2.08	%		3.26	%		4.55	%		5.15	%		5.31	%
Other short-term borrowings		2.15	%		3.02	%		4.19	%		4.50	%		4.31	%
Long-term debt		3.85	%		4.48	%		5.36	%		5.47	%		5.65	%
Total interest-bearing liabilities		2.23	%		2.99	%		3.78	%		4.04	%		4.08	%
Ratios:
Net interest margin (taxable equivalent)		3.04	%		3.41	%		3.29	%		3.34	%		3.37	%
Net interest rate spread (taxable equivalent)		2.72	%		3.00	%		2.74	%		2.69	%		2.67	%
Interest-bearing liabilities to interest-earning assets		85.64	%		86.51	%		85.53	%		84.14	%		83.05	%

25

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	June 2008		March 2008		December 2007		September 2007		June 2007
Average Loans and Leases
Commercial:
Commercial loans	$	28,299	$	25,367	$	23,650	$	22,183	$	21,584
Commercial mortgage loans		12,590		12,016		11,497		11,041		11,008
Commercial construction loans		5,700		5,577		5,544		5,499		5,595
Commercial leases		3,747		3,723		3,692		3,698		3,673
Subtotal - commercial		50,336		46,683		44,383		42,421		41,860
Consumer:
Residential mortgage loans		9,922		10,395		9,943		8,765		8,490
Home equity		12,012		11,846		11,843		11,752		11,881
Automobile loans		8,439		9,278		9,445		10,853		10,552
Credit card		1,703		1,660		1,461		1,366		1,248
Other consumer loans and leases		1,125		1,083		1,099		1,138		1,174
Subtotal - consumer		33,201		34,262		33,791		33,874		33,345
Total average loans and leases (excluding held for sale)	$	83,537	$	80,945	$	78,174	$	76,295	$	75,205
Average loans held for sale		1,676		3,967		3,998		1,950		1,843
End of Period Loans and Leases
Commercial:
Commercial loans	$	28,958	$	26,590	$	24,813	$	22,649	$	22,152
Commercial mortgage loans		13,394		12,155		11,862		11,090		11,044
Commercial construction loans		6,007		5,592		5,561		5,463		5,469
Commercial leases		3,647		3,727		3,737		3,710		3,697
Subtotal - commercial		52,006		48,064		45,973		42,912		42,362
Consumer:
Residential mortgage loans		9,866		9,873		10,540		9,057		8,477
Home equity		12,421		11,803		11,874		11,737		11,780
Automobile loans		8,362		8,394		9,201		10,006		10,714
Credit card		1,717		1,686		1,591		1,460		1,263
Other consumer loans and leases		1,152		1,066		1,074		1,082		1,113
Subtotal - consumer		33,518		32,822		34,280		33,342		33,347
Total portfolio loans and leases	$	85,524	$	80,886	$	80,253	$	76,254	$	75,709
Loans held for sale		889		2,573		4,329		2,761		1,708
Operating lease equipment		364		317		353		283		209
Loans and Leases Serviced for Others (a):
Commercial loans		3,463		3,429		3,441		3,481		3,862
Commercial mortgage loans		279		250		260		203		202
Commercial construction loans		287		257		231		211		171
Commercial leases		174		182		179		174		218
Residential mortgage loans		38,740		36,487		34,475		33,109		31,538
Home equity		275		279		289		304		326
Automobile loans		2,358		2,619		—		—		88
Credit card		16		19		20		21		112
Other consumer loans and leases		5		20		17		17		8
Total loans and leases serviced for others		45,597		43,542		38,912		37,520		36,525
Total loans and leases serviced	$	132,374	$	127,318	$	123,847	$	116,818	$	114,151

(a) Fifth Third sells certain loans and leases and retains servicing responsibilities

26

Fifth Third Bancorp and Subsidiaries

Regulatory Capital (a)

$ in millions

(unaudited)

	As of
	June 2008			March 2008			December 2007			September 2007			June 2007
Tier I capital:
Shareholders’ equity	$	10,754		$	9,352		$	9,161		$	9,293		$	9,191
Goodwill and certain other intangibles		(3,774	)		(2,571	)		(2,590	)		(2,299	)		(2,318	)
Unrealized (gains) losses		121			(23	)		118			196			294
Qualifying trust preferred securities		2,763			2,302			2,303			1,390			815
Other		(35	)		(67	)		(68	)		621			634
Total tier I capital	$	9,829		$	8,993		$	8,924		$	9,201		$	8,616
Total risk-based capital:
Tier I capital	$	9,829		$	8,993		$	8,924		$	9,201		$	8,616
Qualifying allowance for credit losses		1,429			1,327			1,051			926			901
Qualifying subordinated notes		2,772			2,884			1,758			1,697			1,646
Total risk-based capital	$	14,030		$	13,204		$	11,733		$	11,824		$	11,163
Risk-weighted assets	$	115,453		$	116,451		$	115,529		$	108,754		$	105,950
Ratios:
Average shareholders’ equity to average assets		8.59	%		8.43	%		8.77	%		9.13	%		9.53	%
Regulatory capital:
Tier I capital		8.51	%		7.72	%		7.72	%		8.46	%		8.13	%
Total risk-based capital		12.15	%		11.34	%		10.16	%		10.87	%		10.54	%
Tier I leverage		9.08	%		8.28	%		8.50	%		9.23	%		8.76	%

(a) Current period regulatory capital data and ratios are estimated

27

Fifth Third Bancorp and Subsidiaries

Summary of Credit Loss Experience

$ in millions

(unaudited)

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Average loans and leases (excluding held for sale):
Commercial loans	$	28,299		$	25,367		$	23,650		$	22,183		$	21,584
Commercial mortgage loans		12,590			12,016			11,497			11,041			11,008
Commercial construction loans		5,700			5,577			5,544			5,499			5,595
Commercial leases		3,747			3,723			3,692			3,698			3,673
Residential mortgage loans		9,922			10,395			9,943			8,765			8,490
Home equity		12,012			11,846			11,843			11,752			11,881
Automobile loans		8,439			9,278			9,445			10,853			10,552
Credit card		1,703			1,660			1,461			1,366			1,248
Other consumer loans and leases		1,125			1,083			1,099			1,138			1,174
Total average loans and leases (excluding held for sale)	$	83,537		$	80,945		$	78,174		$	76,295		$	75,205
Losses charged off:
Commercial loans	$	(109	)	$	(39	)	$	(50	)	$	(24	)	$	(29	)
Commercial mortgage loans		(22	)		(33	)		(16	)		(8	)		(16	)
Commercial construction loans		(49	)		(72	)		(12	)		(5	)		(7	)
Commercial leases		—			—			—			—			—
Residential mortgage loans		(63	)		(34	)		(18	)		(9	)		(9	)
Home equity		(57	)		(42	)		(35	)		(29	)		(22	)
Automobile loans		(35	)		(44	)		(37	)		(32	)		(24	)
Credit card		(23	)		(21	)		(17	)		(14	)		(12	)
Other consumer loans and leases		(7	)		(8	)		(8	)		(6	)		(5	)
Total losses		(365	)		(293	)		(193	)		(127	)		(124	)
Recoveries of losses previously charged off:
Commercial loans		2			3			2			1			5
Commercial mortgage loans		1			—			1			—			—
Commercial construction loans		—			—			—			—			—
Commercial leases		—			—			—			—			—
Residential mortgage loans		—			—			—			—			—
Home equity		3			1			3			2			2
Automobile loans		9			9			7			7			9
Credit card		2			1			2			1			2
Other consumer loans and leases		4			3			4			1			4
Total recoveries		21			17			19			12			22
Net losses charged off:
Commercial loans		(107	)		(36	)		(48	)		(23	)		(24	)
Commercial mortgage loans		(21	)		(33	)		(15	)		(8	)		(16	)
Commercial construction loans		(49	)		(72	)		(12	)		(5	)		(7	)
Commercial leases		—			—			—			—			—
Residential mortgage loans		(63	)		(34	)		(18	)		(9	)		(9	)
Home equity		(54	)		(41	)		(32	)		(27	)		(20	)
Automobile loans		(26	)		(35	)		(30	)		(25	)		(15	)
Credit card		(21	)		(20	)		(15	)		(13	)		(10	)
Other consumer loans and leases		(3	)		(5	)		(4	)		(5	)		(1	)
Total net losses charged off	$	(344	)	$	(276	)	$	(174	)	$	(115	)	$	(102	)
Net charge-off Ratios:
Commercial loans		1.52	%		0.57	%		0.80	%		0.41	%		0.44	%
Commercial mortgage loans		0.66	%		1.10	%		0.52	%		0.26	%		0.56	%
Commercial construction loans		3.46	%		5.20	%		0.83	%		0.35	%		0.48	%
Commercial leases		(0.01	)%		—			(0.01	)%		(0.01	)%		0.02	%
Residential mortgage loans		2.57	%		1.33	%		0.72	%		0.41	%		0.43	%
Home equity		1.83	%		1.39	%		1.10	%		0.94	%		0.66	%
Automobile loans		1.21	%		1.52	%		1.27	%		0.91	%		0.58	%
Credit card		4.93	%		4.78	%		3.91	%		3.59	%		3.28	%
Other consumer loans and leases		1.31	%		1.78	%		1.86	%		1.99	%		0.78	%
Total net charge-off ratio		1.66	%		1.37	%		0.89	%		0.60	%		0.55	%

28

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	June 2008			March 2008			December 2007			September 2007			June 2007
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	1,205		$	937		$	827		$	803		$	784
Total net losses charged off		(344	)		(276	)		(174	)		(115	)		(102	)
Provision for loan and lease losses		719			544			284			139			121
Allowance for loan and lease losses, ending	$	1,580		$	1,205		$	937		$	827		$	803
Reserve for unfunded commitments, beginning	$	103		$	95		$	79		$	77		$	79
Provision for unfunded commitments		12			8			13			2			(2	)
Acquisitions		—			—			3			—			—
Reserve for unfunded commitments, ending	$	115		$	103		$	95		$	79		$	77
Components of allowance for credit losses:
Allowance for loan and lease losses	$	1,580		$	1,205		$	937		$	827		$	803
Reserve for unfunded commitments		115			103			95			79			77
Total allowance for credit losses	$	1,695		$	1,308		$	1,032		$	906		$	880
Nonperforming Assets and Delinquent Loans
Nonaccrual loans and leases (a)	$	1,988		$	1,388		$	893		$	569		$	406
Other assets, including other real estate owned		210			204			171			137			122
Total nonperforming assets	$	2,198		$	1,592		$	1,064		$	706		$	528
Ninety days past due loans and leases (b)	$	605		$	539		$	491		$	360		$	302
Ratios
Net losses charged off as a percent of average loans and leases		1.66	%		1.37	%		0.89	%		0.60	%		0.55	%
Allowance for loan and lease losses as a percent of loans and leases		1.85	%		1.49	%		1.17	%		1.08	%		1.06	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned		2.56	%		1.96	%		1.32	%		0.92	%		0.70	%

(a) Includes $329 million of residential mortgage loans and $318 million of consumer debt restructurings as of June 30, 2008.

(b) Includes $229 million of residential mortgage loans as of June 30, 2008.

29

For the three months ended June 30, 2008 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Processing Solutions		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	350		400		104		—		47		(157	)	744
Provision for loan and lease losses	(156	)	(75	)	(104	)	(3	)	(5	)	(376	)	(719	)
Net interest income after provision for loan and lease losses	194		325		—		(3	)	42		(533	)	25
Total noninterest income	158		212		85		216		101		(50	)	722
Total noninterest expense	(216	)	(308	)	(87	)	(141	)	(99	)	(7	)	(858	)
Net income (loss) before taxes	136		229		(2	)	72		44		(590	)	(111	)
Applicable income taxes (a)	(22	)	(81	)	1		(25	)	(16	)	52		(91	)
Net income (loss)	114		148		(1	)	47		28		(538	)	(202	)
For the three months ended March 31, 2008 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Processing Solutions		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	358		384		117		1		45		(79	)	826
Provision for loan and lease losses	(125	)	(64	)	(77	)	(3	)	(6	)	(269	)	(544	)
Net interest income after provision for loan and lease losses	233		320		40		(2	)	39		(348	)	282
Total noninterest income	160		191		112		198		102		101		864
Total noninterest expense	(222	)	(296	)	(90	)	(136	)	(95	)	124		(715	)
Net income (loss) before taxes	171		215		62		60		46		(123	)	431
Applicable income taxes (a)	(36	)	(76	)	(22	)	(21	)	(16	)	26		(145	)
Net income (loss)	135		139		40		39		30		(97	)	286
For the three months ended December 31, 2007 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Processing Solutions		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	335		383		105		(3	)	40		(75	)	785
Provision for loan and lease losses	(57	)	(58	)	(54	)	(2	)	(3	)	(110	)	(284	)
Net interest income after provision for loan and lease losses	278		325		51		(5	)	37		(185	)	501
Total noninterest income	161		208		42		202		100		(204	)	509
Total noninterest expense	(211	)	(292	)	(65	)	(135	)	(97	)	(140	)	(940	)
Net income (loss) before taxes	228		241		28		62		40		(529	)	70
Applicable income taxes (a)	(57	)	(85	)	(10	)	(22	)	(14	)	134		(54	)
Net income (loss)	171		156		18		40		26		(395	)	16
For the three months ended September 30, 2007 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Processing Solutions		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	330		374		97		(3	)	39		(77	)	760
Provision for loan and lease losses	(22	)	(44	)	(39	)	(3	)	(5	)	(26	)	(139	)
Net interest income after provision for loan and lease losses	308		330		58		(6	)	34		(103	)	621
Total noninterest income	135		203		46		190		102		5		681
Total noninterest expense	(193	)	(277	)	(61	)	(124	)	(96	)	(102	)	(853	)
Net income (loss) before taxes	250		256		43		60		40		(200	)	449
Applicable income taxes (a)	(68	)	(90	)	(15	)	(21	)	(14	)	84		(124	)
Net income (loss)	182		166		28		39		26		(116	)	325
For the three months ended June 30, 2007 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Processing Solutions		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	325		362		99		(1	)	38		(78	)	745
Provision for loan and lease losses	(31	)	(38	)	(27	)	(3	)	(2	)	(20	)	(121	)
Net interest income after provision for loan and lease losses	294		324		72		(4	)	36		(98	)	624
Total noninterest income	132		195		57		182		104		(1	)	669
Total noninterest expense	(194	)	(278	)	(64	)	(117	)	(103	)	(9	)	(765	)
Net income (loss) before taxes	232		241		65		61		37		(108	)	528
Applicable income taxes (a)	(56	)	(85	)	(23	)	(22	)	(13	)	47		(152	)
Net income (loss)	176		156		42		39		24		(61	)	376

(a) Includes taxable equivalent adjustments of $6 million for all periods presented.

30

EX-99.2

Exhibit 99.2

July 2008

QUARTERLY FINANCIAL SUPPLEMENT

Investment Community Member:

To assist in your financial analysis, the following supplement of most requested information concerning Fifth Third Bancorp is provided.

Numbers are unaudited for quarterly information.

If you need further information, please fax or e-mail your request to Fifth Third’s Investor Relations Department at (513) 534-3945 or

Jeff.Richardson@53.com.

Jeff Richardson	Jim Eglseder
SVP/Investor Relations	VP/Investor Relations
(513) 534-0983	(513) 534-8424

Quarterly Data

	June 30, 2008			March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007		March 31, 2007		December 31, 2006		September 30, 2006
Ratios (percent)
Return on average assets		(0.73	)		1.03		0.06		1.26		1.49		1.47		0.25		1.41
Return on average equity		(8.4	)		12.3		0.7		13.8		15.7		14.6		2.6		15.1
Average equity as a percent of average assets		8.59			8.43		8.77		9.13		9.53		10.05		9.70		9.33
Net interest margin (a)		3.04			3.41		3.29		3.34		3.37		3.44		3.16		2.99
Efficiency (a)		58.6			42.3		72.6		59.2		54.1		55.8		82.2		54.3
Net losses charged off as a percent of average loans and leases		1.66			1.37		0.89		0.60		0.55		0.39		0.52		0.43
Allowance for loan and lease losses as a percent of loans and leases		1.85			1.49		1.17		1.08		1.06		1.05		1.04		1.04
Allowance for credit losses as a percent of loans and leases		1.98			1.62		1.29		1.19		1.16		1.15		1.14		1.14
Nonperforming assets as a percent of loans, leases and other assets, including OREO		2.56			1.96		1.32		0.92		0.70		0.66		0.61		0.56
Allowance for loan and lease losses as a percent of nonperforming assets		71.87			75.73		88.06		117.10		152.21		158.80		169.62		185.04
Allowance for credit losses as a percent of nonperforming assets		77.08			82.20		96.99		128.24		166.77		174.82		186.33		203.39
Common Share Data
Earnings per share	$	(0.37	)	$	0.54	$	0.03	$	0.61	$	0.69	$	0.65	$	0.12	$	0.68
Earnings per diluted share		(0.37	)		0.54		0.03		0.61		0.69		0.65		0.12		0.68
Cash dividends per common share		0.15			0.44		0.44		0.42		0.42		0.42		0.40		0.40
Book value per share		18.62			17.57		17.20		17.45		17.16		17.82		18.02		17.96
Common shares outstanding, excluding treasury		577,529,636			532,106,075		532,671,925		532,626,990		535,696,910		550,077,279		556,252,674		558,066,338
Market price per share:
High	$	23.75		$	28.58	$	35.34	$	41.17	$	43.32	$	41.41	$	41.57	$	40.18
Low		8.96			20.25		24.82		33.60		37.88		37.93		37.75		35.95
End of period		10.18			20.92		25.13		33.88		39.77		38.69		40.93		38.08
Price/earnings ratio (b)		11.98			11.13		12.69		16.37		18.58		18.08		19.13		14.53
Supplemental Data
Common dividends declared ($ in millions)	$	87		$	234	$	234	$	224	$	225	$	231	$	222	$	223
Full-time equivalent employees		21,617			21,726		21,683		20,775		21,033		21,442		21,362		21,301
Banking centers		1,308			1,232		1,227		1,181		1,167		1,161		1,150		1,145
ATMs		2,329			2,221		2,211		2,153		2,132		2,104		2,096		2,114

(a) Presented on a fully taxable equivalent basis (“FTE”).

(b) Based on the most recent twelve-month earnings per diluted share and end of period stock prices.

2

Quarterly Data

	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			December 31, 2006			September 30, 2006
Income Statement ($ in millions)
Interest income (FTE)	$	1,213		$	1,453		$	1,556		$	1,535		$	1,495		$	1,466		$	1,551		$	1,540
Interest expense		469			627			771			775			750			724			807			821
Net interest income (FTE)		744			826			785			760			745			742			744			719
Provision for loan and lease losses		719			544			284			139			121			84			107			87
Noninterest income:
Electronic payment processing revenue		235			213			223			212			205			185			194			182
Service charges on deposits		159			147			160			151			142			126			122			134
Investment advisory revenue		92			93			94			95			97			96			90			89
Corporate banking revenue		111			107			106			91			88			83			82			79
Mortgage banking net revenue		86			97			26			26			41			40			30			36
Other noninterest income		49			177			(113	)		93			96			78			58			87
Securities gains (losses), net		(10	)		27			7			13			—			—			(398	)		19
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			3			6			—			—			—			3			—
Total noninterest income		722			864			509			681			669			608			181			626
Noninterest expense:
Salaries, wages and incentives		331			347			328			310			309			292			300			288
Employee benefits		60			85			56			67			68			87			61			74
Payment processing expense		67			66			68			65			59			52			51			48
Net occupancy expense		73			72			70			66			68			65			65			63
Technology and communications		49			47			47			41			41			40			39			36
Equipment expense		31			31			32			30			31			29			30			32
Other noninterest expense		247			67			339			274			189			188			214			190
Total noninterest expense		858			715			940			853			765			753			760			731
Income (loss) before income taxes (FTE)		(111	)		431			70			449			528			513			58			527
Taxable equivalent adjustment		6			6			6			6			6			6			6			6
Income (loss) before income taxes		(117	)		425			64			443			522			507			52			521
Applicable income taxes		85			139			48			118			146			148			(14	)		144
Net income (loss)	$	(202	)	$	286		$	16		$	325		$	376		$	359		$	66		$	377
Net income (loss) available to common shareholders (a)	$	(202	)	$	286		$	16		$	325		$	375		$	359		$	66		$	377
Regulatory Capital Data ($ in millions) (b)
Tier I capital	$	9,829		$	8,993		$	8,924		$	9,201		$	8,616		$	9,053		$	8,625		$	8,810
Tier II capital		4,201			4,211			2,809			2,623			2,547			2,581			2,760			2,007
Total risk-based capital	$	14,030		$	13,204		$	11,733		$	11,824		$	11,163		$	11,634		$	11,385		$	10,817
Risk-weighted assets	$	115,453		$	116,451		$	115,529		$	108,754		$	105,950		$	103,937		$	102,823		$	101,940
Tier I capital ratio		8.51	%		7.72	%		7.72	%		8.46	%		8.13	%		8.71	%		8.39	%		8.64	%
Total risk-based capital ratio		12.15	%		11.34	%		10.16	%		10.87	%		10.54	%		11.19	%		11.07	%		10.61	%
Tier I leverage ratio		9.08	%		8.28	%		8.50	%		9.23	%		8.76	%		9.36	%		8.44	%		8.52	%

(a) Dividends on preferred stock are $.185 million for all quarters presented.

(b) June 30, 2008 regulatory capital data and ratios are estimated.

3

Quarterly Data

	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			December 31, 2006			September 30, 2006
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,853		$	3,092		$	2,660		$	2,494		$	2,294		$	2,211		$	2,705		$	2,351
Available-for-sale and other securities		12,718			12,421			10,677			10,777			11,015			10,592			11,053			19,514
Held-to-maturity securities		361			353			355			346			346			347			356			359
Trading securities		241			184			171			155			148			160			187			164
Other short-term investments		286			517			620			765			437			256			840			173
Total cash and securities		16,459			16,567			14,483			14,537			14,240			13,566			15,141			22,561
Loans held for sale		889			2,573			4,329			2,761			1,708			1,382			1,150			872
Portfolio loans and leases		85,524			80,886			80,253			76,254			75,709			74,821			74,353			73,480
Total loans and leases		86,413			83,459			84,582			79,015			77,417			76,203			75,503			74,352
Allowance for loan and lease losses		(1,580	)		(1,205	)		(937	)		(827	)		(803	)		(784	)		(771	)		(761	)
Bank premises and equipment		2,444			2,265			2,223			2,127			2,063			2,001			1,940			1,902
Operating lease equipment		364			317			353			283			209			212			202			142
Goodwill		3,603			2,460			2,470			2,192			2,192			2,192			2,193			2,193
Intangible assets		203			143			147			138			147			158			166			175
Servicing rights		701			596			618			626			607			572			524			504
Other real estate owned		208			193			159			127			113			99			88			80
Other assets		6,160			6,601			6,864			6,047			5,205			5,605			5,683			4,680
Total assets	$	114,975		$	111,396		$	110,962		$	104,265		$	101,390		$	99,824		$	100,669		$	105,828
Liabilities
Deposits:
Demand	$	16,259		$	14,949		$	14,404		$	13,174		$	13,524		$	13,510		$	14,331		$	13,883
Interest checking		14,002			14,842			15,254			14,294			14,672			15,755			15,993			15,855
Savings		16,602			16,572			15,635			15,599			15,036			14,256			13,181			12,392
Money market		6,806			7,077			6,521			6,163			6,334			6,336			6,584			6,462
Foreign office		2,174			2,354			2,572			2,014			1,744			1,495			1,353			846
Other time		9,839			9,883			11,440			10,267			10,428			10,869			10,987			10,818
Certificates - $100,000 and over		10,870			4,993			6,738			5,973			6,204			6,776			6,628			6,871
Other foreign office		864			731			2,881			1,898			1,251			191			323			1,516
Total deposits		77,416			71,401			75,445			69,382			69,193			69,188			69,380			68,643
Federal funds purchased		2,447			5,612			4,427			5,130			3,824			1,622			1,421			5,434
Other short-term borrowings		5,628			6,387			4,747			3,796			3,331			2,383			2,796			3,833
Other liabilities		3,684			4,603			4,325			4,166			3,894			4,207			4,492			3,726
Long-term debt		15,046			14,041			12,857			12,498			11,957			12,620			12,558			14,170
Total liabilities		104,221			102,044			101,801			94,972			92,199			90,020			90,647			95,806
Shareholders' Equity
Common and preferred equity		11,138			11,537			11,496			11,665			11,542			11,440			11,433			11,576
Accumulated other comprehensive income related to employee benefit plans		(54	)		(55	)		(57	)		(55	)		(56	)		(58	)		(59	)		(5	)
Net unrealized gains (losses):
Available-for-sale securities		(132	)		2			(94	)		(149	)		(230	)		(105	)		(119	)		(382	)
Qualifying cash flow hedges		34			64			25			6			(7	)		—			(1	)		(5	)
Treasury stock, at cost		(232	)		(2,196	)		(2,209	)		(2,174	)		(2,058	)		(1,473	)		(1,232	)		(1,162	)
Total shareholders' equity		10,754			9,352			9,161			9,293			9,191			9,804			10,022			10,022
Total liabilities & shareholders' equity	$	114,975		$	111,396		$	110,962		$	104,265		$	101,390		$	99,824		$	100,669		$	105,828
Share Data
Preferred shares outstanding		53,550			9,250			9,250			9,250			9,250			9,250			9,250			9,250
Common shares outstanding, excluding treasury		577,529,636			532,106,075			532,671,925			532,626,990			535,696,910			550,077,279			556,252,674			558,066,338
Treasury shares held		5,897,468			51,321,029			51,516,339			50,800,114			47,730,194			33,349,825			27,174,430			25,360,766

4

Quarterly Data

	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			December 31, 2006			September 30, 2006
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	85,212		$	84,912		$	82,172		$	78,243		$	77,048		$	75,860		$	75,262		$	73,938
Taxable securities		12,554			11,560			11,360			11,180			11,030			10,951			16,685			20,836
Tax exempt securities		364			403			464			490			508			534			568			587
Other short-term investments		445			634			682			499			203			225			1,051			172
Total interest-earning assets		98,575			97,509			94,678			90,412			88,789			87,570			93,566			95,533
Cash and due from banks		2,357			2,236			2,424			2,189			2,235			2,251			2,356			2,343
Other assets		12,370			12,477			11,444			10,330			10,524			10,140			9,440			8,744
Allowance for loan and lease losses		(1,204	)		(931	)		(819	)		(800	)		(781	)		(769	)		(760	)		(752	)
Total assets	$	112,098		$	111,291		$	107,727		$	102,131		$	100,767		$	99,192		$	104,602		$	105,868
Liabilities
Interest-bearing liabilities:
Interest checking	$	14,396		$	14,836		$	14,394		$	14,334		$	15,061		$	15,509		$	15,744		$	16,251
Savings		16,583			16,075			15,616			15,390			14,620			13,689			12,812			12,279
Money market		6,592			6,896			6,363			6,247			6,244			6,377			6,572			6,371
Foreign office		2,169			2,443			2,249			1,808			1,637			1,343			1,047			770
Other time		9,517			10,884			11,011			10,290			10,780			11,037			10,991			10,794
Certificates -$100,000 and over		8,143			5,835			6,613			6,062			6,511			6,682			6,750			6,415
Other foreign office		2,948			3,861			2,464			1,981			732			364			1,711			2,898
Federal funds purchased		3,643			5,258			4,189			4,322			3,540			2,505			3,615			4,546
Other short-term borrowings		5,623			4,937			4,890			3,285			2,372			2,400			4,468			4,056
Long-term debt		14,803			13,328			13,188			12,351			12,238			12,242			13,059			14,355
Total interest-bearing liabilities		84,417			84,353			80,977			76,070			73,735			72,148			76,769			78,735
Demand deposits		14,023			13,208			13,345			13,143			13,370			13,185			13,882			13,642
Other liabilities		4,029			4,351			3,959			3,594			4,063			3,889			3,801			3,613
Total liabilities		102,469			101,912			98,281			92,807			91,168			89,222			94,452			95,990
Shareholders' equity		9,629			9,379			9,446			9,324			9,599			9,970			10,150			9,878
Total liabilities & shareholders' equity	$	112,098		$	111,291		$	107,727		$	102,131		$	100,767		$	99,192		$	104,602		$	105,868
Average loans and leases (excluding held for sale)	$	83,537		$	80,945		$	78,174		$	76,295		$	75,205		$	74,416		$	74,032		$	72,903
Average common shares outstanding:
Basic		540,029,899			528,497,585			529,119,898			530,123,356			540,263,755			551,501,038			554,978,470			555,565,365
Diluted		540,029,899			530,372,174			530,938,891			532,470,709			543,228,461			554,174,864			557,654,120			557,948,598

5

Quarterly Data

	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			December 31, 2006			September 30, 2006
Asset Quality ($ in millions)
Nonaccrual loans and leases	$	1,988		$	1,388		$	893		$	569		$	406		$	390		$	352		$	320
Other assets, including other real estate owned		210			204			171			137			122			104			103			91
Total nonperforming assets	$	2,198		$	1,592		$	1,064		$	706		$	528		$	494		$	455		$	411
Ninety days past due loans and leases	$	605		$	539		$	491		$	360		$	302		$	243		$	210		$	196
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	28,958		$	27,937		$	26,079		$	23,317		$	22,162		$	21,479		$	20,831		$	21,260
Commercial mortgage		13,394			12,155			11,967			11,178			11,112			10,909			10,405			9,879
Commercial construction		6,007			5,592			5,561			5,463			5,469			5,688			6,168			5,879
Commercial leases		3,647			3,727			3,737			3,710			3,698			3,694			3,841			3,752
Subtotal - commercial		52,006			49,411			47,344			43,668			42,441			41,770			41,245			40,770
Consumer:
Residential mortgage		10,704			10,985			11,433			9,945			10,038			9,730			9,905			9,629
Home equity		12,421			11,803			11,874			11,737			11,780			11,948			12,154			12,235
Automobile loans		8,362			8,394			11,183			11,043			10,714			10,400			10,028			9,599
Credit card		1,717			1,686			1,591			1,460			1,263			1,111			1,004			876
Other consumer loans and leases		1,203			1,180			1,157			1,162			1,181			1,244			1,167			1,243
Subtotal - consumer		34,407			34,048			37,238			35,347			34,976			34,433			34,258			33,582
Total loans and leases	$	86,413		$	83,459		$	84,582		$	79,015		$	77,417		$	76,203		$	75,503		$	74,352
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	28,557		$	26,617		$	24,526		$	22,345		$	21,587		$	20,908		$	21,228		$	20,879
Commercial mortgage		12,590			12,052			11,588			11,117			11,030			10,566			9,929			9,833
Commercial construction		5,700			5,577			5,544			5,499			5,595			6,014			6,099			5,913
Commercial leases		3,747			3,723			3,692			3,700			3,678			3,661			3,762			3,740
Subtotal - commercial		50,594			47,969			45,350			42,661			41,890			41,149			41,018			40,365
Consumer:
Residential mortgage		11,244			11,699			11,181			10,396			10,201			10,166			10,038			9,699
Home equity		12,012			11,846			11,843			11,752			11,886			12,072			12,225			12,174
Automobile loans		8,439			10,542			11,158			10,865			10,552			10,230			9,834			9,522
Credit card		1,703			1,660			1,461			1,366			1,248			1,021			915			870
Other consumer loans and leases		1,221			1,196			1,179			1,203			1,271			1,222			1,232			1,308
Subtotal - consumer		34,619			36,943			36,822			35,582			35,158			34,711			34,244			33,573
Total average loans and leases	$	85,213		$	84,912		$	82,172		$	78,243		$	77,048		$	75,860		$	75,262		$	73,938
Nonperforming Loans ($ in millions) (non-accrual plus renegotiated)
Commercial loans and leases	$	425		$	311		$	180		$	180		$	141		$	143		$	133		$	167
Commercial mortgage		524			312			243			146			113			107			84			49
Commercial construction loans		537			408			249			105			65			57			54			31
Consumer mortgage and construction		329			211			121			74			40			38			38			34
Other consumer loans and leases		173			146			100			64			47			45			43			39
Total nonperforming loans and leases	$	1,988		$	1,388		$	893		$	569		$	406		$	390		$	352		$	320
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(365	)	$	(293	)	$	(193	)	$	(127	)	$	(124	)	$	(99	)	$	(118	)	$	(96	)
Recoveries		21			17			19			12			22			28			21			17
Net losses charged off	$	(344	)	$	(276	)	$	(174	)	$	(115	)	$	(102	)	$	(71	)	$	(97	)	$	(79	)

6

EX-99.3

Fifth Third Bank | All Rights Reserved

June 2008

Capital Planning:

Credit Scenario Analysis

Exhibit 99.3

2

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Statement of purpose

These scenarios do not constitute a forecast or otherwise reflect Fifth

Third’s outlook for 2009 expected results.

This exercise was designed for evaluating capital plans rather than for

forecasting purposes. Therefore, it was intended to evaluate what could

happen under significantly more stressed conditions, not to predict what will

happen.

These

scenarios

were

produced

as

part

of

analysis

related

to

the

capital

plan announced June 18, 2008. It is based on information available at that

time.

Please refer to the cautionary statement attached to this document which

contains important information regarding certain forward-looking information

and risk factors related to current and future results.

3

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Capital planning: credit scenario analysis

A key driver of the capital planning process was an analysis of potential credit losses under

variety of economic and credit market conditions

Analysis involved a detailed process that segregated our loan portfolio into approximately

50 granular pools of similar assets

—

e.g., loan type, collateral, industry exposure, and geography

Scenarios were created by applying varying levels of stress to the relevant factors that

affect asset pool performance

—

We believe the range of scenario outcomes represents reasonably possible results

under varying levels of potential stress

Capital plan based on maintaining Tier 1 capital ratio >8% through the end of 2009 under

the most stressed scenario evaluated

Credit modeling for capital plan intended to be conservative to ensure strong capital

position

—

This

was

an

exercise

in

what

could

happen,

not

what

will

happen

–

these

are

not

forecasts

—

We

do

not

view

high

stress

2009

outcome

to

be

likely,

we

view

it

as

possible

if

trends

continue or deteriorate further and loss severity experience worsens

—

Excess capital created through the capital plan also provides for outcomes resulting

from possible deterioration in credit trends beyond those currently viewed as

plausible

4

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Consumer charge-off

scenario methodology

Three-month moving average roll-rates used to project baseline charge-offs

through the end of 2009

Used forecasts for relevant economic indicators to predict loss severities

—

Relied upon Moody’s Economy.com/Case-Shiller Home Price Index

Forecast* for real estate

—

For the auto portfolio, assumed loss severity above recent loss given default

trends to reflect additional stress related to large SUVs and trucks given

higher recent gas prices –

this added incremental loss severity of 14% to

the overall auto portfolio in 2009

Stressed roll rate assumptions for all portfolios using economic

forecasts and

additional stress on loss frequency

—

For auto and credit cards, also used Moody’s forecast for bankruptcies to

apply additional stress

*Moody’s Economy.com/Case-Shiller Home Price Index Forecasts, April 2008.

5

Fifth Third Bank | All Rights Reserved

As of June 2008

Consumer charge-off

scenario methodology (cont.)

High stress case added incremental losses related to severity and roll-

rate shocks

—

For Florida and lot exposures, used Moody’s Florida severe

recession home price forecast anticipating an additional 27%

decline in home prices through the end of 2009*; for rest of portfolio,

used Moody’s severe recession forecast for the national index,

anticipating an additional 25% decline in home prices through the

end of 2009*

—

Roll rates were further stressed in most consumer portfolios

—

These stress components represented approximately 55% in

additional losses incorporated into the high stress scenario over the

18 months ended YE 2009

*Peak-to-current and current-to-trough devaluation is not additive (peak-to-current would be calculated off peak prices; current-to-trough would be

calculated off current prices which embed devaluation from peak). For Florida, peak-to-current devaluation has been 22%, producing peak-to-trough

devaluation of 43%; for national index, peak-to-current devaluation has been 17%, producing peak-to-trough devaluation of 38%.

Moody

’s Economy.com/Case-Shiller Home Price Index Forecast, April 2008.

6

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Home price appreciation

trends and forecasts

Source:  Moody

’s Economy.com/Case-Shiller Home Price Index Forecast, April 2008

Florida

100

120

140

160

180

200

220

240

260

280

Baseline

Recession

Severe Recession

US

100

120

140

160

180

200

220

240

260

280

Baseline

Recession

Severe Recession

Ohio

100

120

140

160

180

200

220

240

260

280

Baseline

Recession

Severe Recession

Michigan

100

120

140

160

180

200

220

240

260

280

Baseline

Recession

Severe Recession

7

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Consumer segmentation for applying stress factors

Mortgage

—

Florida other than lots

—

Lots

—

All other

Home Equity

—

Delivery channel (Retail, retail brokered, HEA)

—

Loan-to-value (greater than and less than 85% LTV)

—

Type (loan or line)

Auto

—

New and used

—

SUV/truck and other

Credit card

Other

More granular segmentation for roll-rate analysis

8

Fifth Third Bank | All Rights Reserved

As of June 2008

Illustration of impact

of roll rate and severity stresses

Loss severities stressed as described earlier

Due

to

compounding

effects,

roll

rate

shocks

can

have

a

dramatic

effect

on

losses

—

In the example below, a 7% shock to each roll rate results in a 30% increase in losses holding all

else equal

—

Bankruptcy shocks would be another example of a roll-rate shock (not depicted)

—

Roll rate shocks are applied in combination with loss severity shock

The application of roll-rate shocks was an element of added conservativism, given that default unit

results have generally been in-line with forecasts

Assumptions for example:

—

5% roll rate from current to 1 month past

due shocked to 5.35%

—

5% roll rate from 1 month past due to 2

months past due shocked to 5.35%

—

5% roll rate from 2 month past due to 3

months past due shocked to 5.35%

—

5% roll rate from 3 month past due to

charge off shocked to 5.35%

—

20% loss severity at charge off (shocked

20% to 24%)

Example results in incremental 55% in losses

Illustration not intended to depict a

particular portfolio

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

$2,200

$2,400

$2,600

$2,800

$3,000

Months

Baseline Losses

Loss Severity Shock

Aggregate Shock (Loss

Severity and Roll Rate)

9

Fifth Third Bank | All Rights Reserved

As of June 2008

Capital planning: 2008 commercial

charge-off scenario methodology

Commercial loan portfolio was segmented into 30 portfolios

—

10 industries segregated into 3 geographies (Florida, Michigan, and Other)

Asset quality trends over last 3 and 6 quarters extrapolated to project baseline

charge-off scenario for each portfolio

—

Inherent

in

baseline

is

continued

deterioration

following

recent

(typically

high) trends

—

Each portfolio was reviewed with appropriate senior lending officers to

determine if other segment specific factors should be included in the

scenarios

Additional scenarios were created by applying stresses to the baseline and by

incorporating the lagging correlation of portfolio performance to relevant leading

economic indicators

—

For real estate assets, property depreciation of 35%-50% was generally

applied to any properties on highest risk nonaccruals

Geographic economic outlooks, industry health, prior trends in asset quality, and

current or expected stresses were considered when developing the

range of

scenarios

10

Fifth Third Bank | All Rights Reserved

As of June 2008

Capital planning: 2009 commercial          

charge-off scenario methodology

Builds upon 2008 methodology

Utilized Moody’s Economy.com Industry Workstation Net Income Forecasts by

industry to project baseline criticized assets (watch, classified, nonaccrual loans)

—

Moody’s industry net income forecast calls for modest improvement in

economic activity in 2009

Assumed migration from criticized to nonaccrual to charge-off consistent with

recent trends to create baseline

—

Baseline migration trends were stressed for certain segments (Michigan,

Florida and real estate industries) to reflect probable higher loss frequency

and severity than recently experienced

High stress scenario added 10% growth in criticized assets per quarter and

increased migration trends by 10-20% to the baseline

—

These stress components represented approximately 35% in additional

losses incorporated into the high stress scenario over the 18 months ended

YE 2009

* Moody

’s

Economy.com

Industry

Workstation

Net

Income

Forecasts,

May

2008.

11

Fifth Third Bank | All Rights Reserved

As of June 2008

Illustration of commercial

scenario methodology

2008

methodology

range

2009

methodology

range

Illustration not intended to depict a particular portfolio

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

$100,000

4Q'07

1Q'08

2Q'08

3Q'08

4Q'08

1Q'09

2Q'09

3Q'09

4Q'09

3 Quarter Trend

6 Quarter Trend

Scenario -

Low Stress

Baseline

Scenario -

High Stress

12

©

Fifth Third Bank | All Rights Reserved

As of June 2008

Industries

—

Accommodation

—

Auto

Manufacturing

—

Construction

—

Finance and

Insurance

—

Manufacturing

—

Real Estate

—

Retail Trade

—

Auto Retailers

—

Wholesale Trade

—

Other

Commercial portfolio

segmentation

Geographies

—

Florida

—

Michigan

—

Other

13

Fifth Third Bank | All Rights Reserved

As of June 2008

FY 2008

FY 2009

160-170 bps

$1.3-1.4 billion

bps

$

bps

$

bps

$

Actual

Actual

Scenarios

Scenarios

Scenarios

Scenarios

1H08

1H08

FY2008

#

FY2008

#

FY2009

FY2009

Commercial

132 bps

317 million

120-160 bps

$.6 -

.8 billion

125-215 bps

$.7 -

1.2 billion

Consumer

180 bps

303 million

170-205 bps

.6 -

.7 billion

230-295 bps

.8 -

1.0 billion

Total

152 bps

620 million

145-180 bps

$1.2 -

1.5 billion

170-250 bps

$1.5 -

2.2 billion

Scenarios (not projections or forecast)

TBD in 2009 budget process

Outlook (as of July 22, 2008)

Outcome of loan loss scenarios for capital plan

Purpose of credit scenario analysis:

—

Exercise designed for evaluating capital plans rather than for forecasting purposes (what could happen

under

a

variety

of

stress

scenarios,

not

what

will

happen);

as

a

result,

scenarios

do

not

reflect

the

Company’s

outlook

for

2009

expected

results

—

Scenarios produced for capital plan announced June 18, 2008, based on information available prior to

that date

Key loss drivers:

—

Real estate-related losses represented approximately two-thirds of 2009 losses in commercial and in

consumer scenarios

Capital plan intended to maintain Tier 1 capital ratio > 8% through end of 2009 under scenarios evaluated

—

The highest stress scenario outlined above (which we view as unlikely) would represent an increase in

charge-offs of approximately 60% relative to our full year 2008 outlook. We believe our Tier 1 capital

ratio would exceed 8% with 2009 loan losses of up to 85% more than expected 2008 loan losses

#2008 full-year scenario range adjusted to reflect 2Q08 actual results vs. May forecast for 2Q08.

14

Fifth Third Bank | All Rights Reserved

As of June 2008

Cautionary Statement

This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of

Sections

27A

of

the

Securities

Act

of

1933,

as

amended,

and

Rule

175

promulgated

thereunder,

and

21E

of

the

Securities

Exchange

Act

of

1934,

as

amended, and Rule 3b-6 promulgated thereunder, that involve inherent risks and uncertainties.  This report may contain certain forward-looking

statements

with

respect

to

the

financial

condition,

results

of

operations,

plans,

objectives,

future

performance

and

business

of

Fifth

Third

Bancorp

and/or

the

combined

company

including

statements

preceded

by,

followed

by

or

that

include

the

words

or

phrases

such

as

“believes,”

“expects,”

“anticipates,”

“plans,”

“trend,”

“objective,”

“continue,”

“remain”

or

similar

expressions

or

future

or

conditional

verbs

such

as

“will,”

“would,”

“should,”

“could,”

“might,”

“can,”

“may”

or similar expressions.  There are a number of important factors that could cause future results to differ materially from historical

performance and these forward-looking statements.  Factors that might cause such a difference include, but are not limited to: (1) general economic

conditions and weakening in the economy, specifically the real estate market, either national or in the states in which Fifth Third, one or more acquired

entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or

other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce

interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain

required capital levels and adequate sources of funding and liquidity; (7) changes and trends in capital markets; (8) competitive pressures among

depository institutions increase significantly; (9) effects of critical accounting policies and judgments; (10) changes in accounting policies or procedures

as may be required by the Financial Accounting Standards Board or other regulatory agencies; (11) legislative or regulatory changes or actions, or

significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one

or more acquired entities and/or the combined company are engaged; (12) ability to maintain favorable ratings from rating agencies; (13) fluctuation of

Fifth Third’s stock price; (14) ability to attract and retain key personnel;

(15) ability to receive dividends from its subsidiaries; (16) potentially dilutive effect

of

future

acquisitions

on

current

shareholders'

ownership

of

Fifth

Third;

(17)

effects

of

accounting

or

financial

results

of

one

or

more

acquired

entities;

(18)

difficulties

in

combining

the

operations

of

acquired

entities;

(19)

inability

to

generate

the

gains

on

sale

and

related

increase

in

shareholders’

equity

that it anticipates from the sale of certain non-core businesses, (20) loss of income from the sale of certain non-core businesses could have an adverse

effect on Fifth Third’s earnings and future growth  (21) ability to secure confidential information through the use of computer systems and

telecommunications

networks;

and

(22)

the

impact

of

reputational

risk

created

by

these

developments

on

such

matters

as

business

generation

and

retention, funding and liquidity. Moreover,.  Additional information concerning factors that could cause actual results to differ materially from those

expressed or implied in the forward-looking statements is available in the Bancorp's Annual Report on Form 10-K for the year ended December 31,

2007, filed with the United States Securities and Exchange Commission (SEC). Copies of this filing are available at no cost on the SEC's Web site at

www.sec.gov

or

on

the

Fifth

Third’s

Web

site

at

www.53.com.

Fifth

Third

undertakes

no

obligation

to

release

revisions

to

these

forward-looking

statements

or reflect events or circumstances after the date of this report.

EX-99.4

Fifth Third Bank | All Rights Reserved

Second Quarter 2008 Credit Trends

Exhibit 99.4

2

Fifth Third Bank | All Rights Reserved

($ in millions)

C&I

Commercial

mortgage

Commercial

construction

Commercial

lease

Total

commercial

Residential

mortgage

Home equity

Auto

Credit card

Other

consumer

Total

consumer

Total loans &

leases

Loan balances

$28,958

$13,394

$6,007

$3,647

$52,006

$9,866

$12,421

$8,362

$1,717

$1,152

$33,518

$85,524

% of total

34%

16%

7%

4%

61%

12%

15%

10%

2%

1%

39%

Non-performing assets

$414

$540

$552

$18

$1,524

$448

$183

$28

$15

$1

$674

$2,198

NPA ratio

1.43%

4.03%

9.19%

0.49%

2.93%

4.54%

1.47%

0.33%

0.88%

0.08%

2.00%

2.56%

Net charge-offs

$107

$21

$49

$0

$177

$63

$54

$26

$21

$3

$167

$344

Net charge-off ratio

1.52%

0.66%

3.46%

-0.01%

1.41%

2.57%

1.83%

1.21%

4.93%

1.31%

2.04%

1.66%

Credit by portfolio

C&I

32%

Home equity

16%

Other

consumer

1%

Auto

7%

Residential

mortgage

18%

Commercial

mortgage

6%

Commercial

construction

14%

Card

6%

MI

20%

KY

2%

Other

25%

IL

6%

OH

19%

IN

4%

FL

24%

Net charge-offs by loan type

Net charge-offs by geography

3

Fifth Third Bank | All Rights Reserved

Nonperforming assets

–

Total NPAs

of $2.2B, or 256bps

–

Commercial NPAs

of $1.5B; recent growth

driven by commercial construction and real

estate, particularly in Michigan, and Florida

–

Consumer NPAs

of $674M; recent growth

driven by residential real estate, particularly in

Michigan and Florida

17%

7%

17%

7%

14%

22%

16%

20%

3%

8%

1%

7%

39%

22%

31%

6%

4%

1%

4%

37%

17%

C&I* (20%)

CRE (49%)

Residential (29%)

Other Consumer (2%)

ILLINOIS

INDIANA

FLORIDA

OTHER

KENTUCKY

OHIO

MICHIGAN

Residential

$630M

29%

C&I*

$431M

20%

Other

$44M

2%

CRE

$1.1B

49%

*C&I includes commercial lease

30%

8%

4%

9%

22%

16%

11%

4

Fifth Third Bank | All Rights Reserved

NCOs

NPAs

Res

RE

CRE

NPA, charge-off growth driven by residential, commercial real estate

Res

RE

CRE

Real estate driving credit deterioration

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Q2 2007

Q3 2007

Q4 2007

Q1 2008

Q2 2008

Auto

CRE

Res RE

0

100,000

200,000

300,000

400,000

Q2 2007

Q3 2007

Q4 2007

Q1 2008

Q2 2008

C&I/Lease

Auto

Credit Card

Other

CRE

Res RE

C&I/Lease

5

Fifth Third Bank | All Rights Reserved

NCOs

NPAs

Stressed

markets

Stressed

markets

Michigan and Florida: most stressed markets

NPA, charge-off growth driven by Florida and Michigan

-

500,000

1,000,000

1,500,000

2,000,000

2,500,000

Q2 2007

Q3 2007

Q4 2007

Q1 2008

Q2 2008

Other SE

National

Other MW

Michigan

Florida

-

100,000

200,000

300,000

400,000

Q2 2007

Q3 2007

Q4 2007

Q1 2008

Q2 2008

Other SE

National

Other MW

Michigan

Florida

6

©

Fifth Third Bank | All Rights Reserved

Michigan market

Total Loans

Home Equity

17%

Credit Card

2%

Auto

7%

Resi Mortgage

9%

Coml Lease

1%

C&I

32%

Commercial

Mortgage

24%

Coml Const

7%

Other Cons

1%

NPAs

Home Equity

10%

Credit Card

1%

Auto

1%

Resi Mortgage

12%

Coml Lease

1%

C&I

15%

Commercial

Mortgage

27%

Coml Const

33%

Net charge-offs

Auto

5%

Other Cons

1%

Credit Card

6%

Home Equity

21%

Resi Mortgage

8%

C&I

24%

Commercial

Mortgage

15%

Coml Const

20%

Summary:

Deterioration in home price values coupled with weak economy (unemployment rate

of 7.4%) impacting credit trends due to frequency of defaults and severity

Issues: homebuilders, developers

tied to weak real estate market

Issues:  valuations, economy,

unemployment

Economic weakness impacts

commercial real estate market

($ in millions)

Loans

(bn)

% of

FITB

NPAs

(mm)

% of

FITB

NCOs

(mm)

% of

FITB

Commercial loans

5.01

17%

87

21%

16

15%

Commercial mortgage

3.86

29%

152

28%

10

50%

Commercial construction

1.16

19%

187

34%

14

29%

Commercial lease

0.22

6%

7

42%

(0)

3%

Commercial

10.24

20%

$434

28%

41

23%

Mortgage

1.43

15%

70

16%

6

9%

Home equity

2.68

22%

55

30%

15

27%

Auto

1.14

14%

4

15%

4

14%

Credit card

0.30

18%

3

20%

4

19%

Other consumer

0.12

10%

0

6%

0

12%

Consumer

5.67

17%

$132

20%

29

17%

Total

15.91

19%

$566

26%

69

20%

7

©

Fifth Third Bank | All Rights Reserved

Florida market

NPAs

Home Equity

2%

Resi Mortgage

32%

C&I

9%

Commercial

Mortgage

30%

Coml Const

27%

Net charge-offs

Auto

3%

Other Cons

1%

Credit Card

1%

Home Equity

10%

Resi Mortgage

47%

C&I

17%

Commercial

Mortgage

2%

Coml Const

19%

Summary:

Deterioration in real estate values having effect on credit trends as evidenced by

increasing NPA/NCOs in real estate related products

Issues: homebuilders, developers

tied to weakening real estate market

Issues: increasing severity of loss

due to significant declines in

valuations

Issues: valuations; relatively small

home equity portfolio

Total Loans

Home Equity

9%

Credit Card

1%

Auto

4%

Resi Mortgage

31%

C&I

21%

Commercial

Mortgage

20%

Coml Const

13%

Other Cons

1%

($ in millions)

Loans

(bn)

% of

FITB

NPAs

(mm)

% of

FITB

NCOs

(mm)

% of

FITB

Commercial loans

2.11

7%

61

15%

14

13%

Commercial mortgage

1.95

15%

215

40%

2

8%

Commercial construction

1.26

21%

193

35%

16

33%

Commercial lease

0.00

0%

-

0%

-

0%

Commercial

5.31

10%

$469

31%

32

18%

Mortgage

3.09

31%

233

52%

40

63%

Home equity

0.91

7%

14

8%

8

15%

Auto

0.42

5%

3

12%

2

9%

Credit card

0.08

5%

1

4%

1

5%

Other consumer

0.12

10%

0

14%

1

15%

Consumer

4.61

14%

$251

37%

52

31%

Total

9.92

12%

$720

33%

84

24%

8

©

Fifth Third Bank | All Rights Reserved

Commercial construction

FL

21%

KY

5%

IL

8%

MI

19%

IN

8%

Other

13%

OH

26%

Accomodation

1%

Auto Retailers

1%

Finance &

insurance

1%

Construction

37%

Manufacturing

1%

Real estate

44%

Retail Trade

1%

Other

8%

Wholesale

Trade

6%

Loans by geography

Credit trends

Loans by industry

Comments

•

Declining valuations in residential and land

developments

•

Higher concentrations in now stressed markets (Florida

and Michigan)

•

Continued stress expected through 2008

($ in millions)

2Q07

3Q07

4Q07

1Q08

2Q08

Balance

$5,469

$5,463

$5,561

$5,592

$6,007

90+ days delinquent

$33

$54

$67

$49

$53

90+ days ratio

0.60%

0.99%

1.21%

0.87%

0.88%

NPAs

$66

$106

$257

$418

$552

as % of loans

1.21%

1.94%

4.61%

7.48%

9.19%

Net charge-offs

$7

$5

$12

$72

$49

as % of loans

0.48%

0.35%

0.83%

5.20%

3.46%

Commercial construction

9

Fifth Third Bank | All Rights Reserved

Homebuilder/developer

Credit trends

Loans by property type

Comments

Other MW

21%

MI

22%

Other SE

21%

NE OH

4%

FL

32%

Raw &

developed

land

52%

Other

including

acquired

portfolio

29%

Residential

vertical

19%

*Current definition not in use prior to 3Q07

•

Making no new loans to builder/developer sector

•

Residential & land valuations under continued stress

•

6% of commercial loans; < 4% of total gross loans

•

Balance by product approximately 53% Construction,

39% Mortgage, 8% C&I

•12% of loans are speculative loans

C&I

8%

Commercial

mortgage

39%

Commercial

construction

53%

Portfolio split

Loans by geography

($ in millions)

3Q07

4Q07

1Q08

2Q08

Balance

$2,594

$2,868

$2,705

$3,295

90+ days delinquent

$50

$57

$60

$123

90+ days ratio

1.94%

1.99%

2.21%

3.73%

NPAs

$78

$176

$309

$547

as % of loans

3.01%

6.14%

11.42%

16.62%

Net charge-offs

$4

$8

$43

$34

as % of loans

0.54%

1.11%

6.14%

4.63%

Homebuilders/developers*

10

©

Fifth Third Bank | All Rights Reserved

Residential mortgage

1   liens: 100% ; weighted average LTV: 77%

Weighted average origination FICO: 728

Origination FICO distribution:  <659 13%; 660-689 11%; 690-719

17%; 720-749 18%; 750+ 41%

(note: loans <659 includes CRA loans and FHA/VA loans)

Origination LTV distribution: <70 26%; 70.1-80 42%; 80.1-90 11%;

90.1-95 5%; >95% 16%

Vintage distribution: 2008 8%; 2007 18%; 2006 17%; 2005 28%;

2004 14%; prior to 2004 15%

% through broker: 12%; performance similar to direct

OH

23%

FL

31%

IL

6%

KY

4%

MI

15%

IN

6%

Other

15%

Loans by geography

Credit trends

Portfolio details

Comments

31% FL concentration driving 63% total loss

FL lots ($454 mm) running at 15% annualized loss

rate (YTD)

Mortgage company originations targeting 95%

salability

($ in millions)

2Q07

3Q07

4Q07

1Q08

2Q08

Balance

$8,477

$9,057

$10,540

$9,873

$9,866

90+ days delinquent

$98

$116

$186

$192

$229

90+ days ratio

1.15%

1.28%

1.76%

1.95%

2.32%

NPAs

$112

$150

$216

$333

$448

as % of loans

1.32%

1.65%

2.04%

3.37%

4.54%

Net charge-offs

$9

$9

$18

$34

$63

as % of loans

0.43%

0.41%

0.72%

1.33%

2.57%

Residential mortgage

11

©

Fifth Third Bank | All Rights Reserved

Home equity

1 

liens:

24%;

2     liens:

76%

(18%

of

2    liens

behind

FITB

1 

s)

Weighted average origination FICO: 755

Origination FICO distribution: <659 5%; 660-689 9%; 690-719 16%; 720-

749 19%; 750+ 51%

Weighted

average

CLTV:

77%

(1   liens

65%;

2    liens

82%)Origination

CLTV distribution: <70 28%; 70.1-80 22%; 80.1-90 21%; 90.1-95 10; >95

20%

Vintage distribution: 2008 7%; 2007 13%; 2006 19%; 2005 17%; 2004

13%; prior to 2004 31%

% through broker channels: 20% WA FICO: 740 brokered, 758 direct;

WA CLTV: 89% brokered; 74% direct

Portfolio details

Comments

OH

25%

FL

3%

IL

11%

KY

8%

MI

20%

IN

10%

Other

24%

OH

33%

FL

8%

IL

10%

KY

9%

MI

22%

IN

10%

Other

8%

Brokered loans by geography

Direct loans by geography

Credit trends

Approximately 20% of portfolio concentration in

broker product driving approximately 51% total loss

Portfolio experiencing increased loss severity (losses

on

2

liens

approximately

100%)

Aggressive home equity line management strategies

in place

($ in millions)

2Q07

3Q07

4Q07

1Q08

2Q08

Balance

$2,810

$2,746

$2,713

$2,651

$2,433

90+ days delinquent

$24

$30

$34

$33

$34

90+ days ratio

0.86%

1.08%

1.25%

1.26%

1.40%

Net charge-offs

$9

$14

$17

$23

$28

as % of loans

1.19%

1.94%

2.52%

3.29%

4.64%

Home equity - brokered

($ in millions)

2Q07

3Q07

4Q07

1Q08

2Q08

Balance

$8,970

$8,991

$9,161

$9,152

$9,988

90+ days delinquent

$37

$34

$38

$43

$42

90+ days ratio

0.41%

0.38%

0.41%

0.47%

0.42%

Net charge-offs

$11

$14

$15

$18

$27

as % of loans

0.48%

0.59%

0.66%

0.78%

1.07%

Home equity - direct

Note: Brokered and direct home equity net charge-off ratios

are calculated based on end of period loan balances

12

Fifth Third Bank | All Rights Reserved

Cautionary Statement

This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of

Sections

27A

of

the

Securities

Act

of

1933,

as

amended,

and

Rule

175

promulgated

thereunder,

and

21E

of

the

Securities

Exchange

Act

of

1934,

as

amended, and Rule 3b-6 promulgated thereunder, that involve inherent risks and uncertainties.  This report may contain certain forward-looking

statements

with

respect

to

the

financial

condition,

results

of

operations,

plans,

objectives,

future

performance

and

business

of

Fifth

Third

Bancorp

and/or

the

combined

company

including

statements

preceded

by,

followed

by

or

that

include

the

words

or

phrases

such

as

“believes,”

“expects,”

“anticipates,”

“plans,”

“trend,”

“objective,”

“continue,”

“remain”

or

similar

expressions

or

future

or

conditional

verbs

such

as

“will,”

“would,”

“should,”

“could,”

“might,”

“can,”

“may”

or similar expressions.  There are a number of important factors that could cause future results to differ materially from historical

performance and these forward-looking statements.  Factors that might cause such a difference include, but are not limited to: (1) general economic

conditions and weakening in the economy, specifically the real estate market, either national or in the states in which Fifth Third, one or more acquired

entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or

other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce

interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain

required capital levels and adequate sources of funding and liquidity; (7) changes and trends in capital markets; (8) competitive pressures among

depository institutions increase significantly; (9) effects of critical accounting policies and judgments; (10) changes in accounting policies or procedures

as may be required by the Financial Accounting Standards Board or other regulatory agencies; (11) legislative or regulatory changes or actions, or

significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one

or more acquired entities and/or the combined company are engaged; (12) ability to maintain favorable ratings from rating agencies; (13) fluctuation of

Fifth Third’s stock price; (14) ability to attract and retain key personnel;

(15) ability to receive dividends from its subsidiaries; (16) potentially dilutive effect

of

future

acquisitions

on

current

shareholders'

ownership

of

Fifth

Third;

(17)

effects

of

accounting

or

financial

results

of

one

or

more

acquired

entities;

(18)

difficulties

in

combining

the

operations

of

acquired

entities;

(19)

inability

to

generate

the

gains

on

sale

and

related

increase

in

shareholders’

equity

that it anticipates from the sale of certain non-core businesses, (20) loss of income from the sale of certain non-core businesses could have an adverse

effect on Fifth Third’s earnings and future growth  (21) ability to secure confidential information through the use of computer systems and

telecommunications

networks;

and

(22)

the

impact

of

reputational

risk

created

by

these

developments

on

such

matters

as

business

generation

and

retention, funding and liquidity.  Additional information concerning factors that could cause actual results to differ materially from those expressed or

implied in the forward-looking statements is available in the Bancorp's Annual Report on Form 10-K for the year ended December 31, 2007, filed with the

United

States

Securities

and

Exchange

Commission

(SEC).

Copies

of

this

filing

are

available

at

no

cost

on

the

SEC's

Web

site

at

www.sec.gov

or

on

the

Fifth

Third’s

Web

site

at

www.53.com.

Fifth

Third

undertakes

no

obligation

to

release

revisions

to

these

forward-looking

statements

or

reflect

events

or

circumstances after the date of this report.

EX-99.5

Exhibit 99.5

Second Quarter 2008 Portfolio Loan and Lease Stratifications

Second Quarter 2008 Portfolio Loan and Lease Stratifications:

Consumer

2

Brokered home equity - Includes retail brokered and HEA ($2.4 billion)

Combined loan-to-value (origination)

	<=70%		70.1-80%		80.1-90%		90.1-95%		95.1 +		Total
Florida
Loans (% of total)	< 1	%	1	%	1	%	< 1	%	1	%	3	%
NPA + 90+ ratio	1.6	%	0.0	%	8.0	%	28.8	%	17.1	%	10.2	%
YTD NCO ratio	0.0	%	4.4	%	11.4	%	28.5	%	34.1	%	17.2	%
Michigan
Loans (% of total)	2	%	2	%	5	%	4	%	7	%	20	%
NPA + 90+ ratio	2.9	%	1.7	%	1.3	%	3.9	%	6.2	%	3.7	%
YTD NCO ratio	3.6	%	2.9	%	4.6	%	3.9	%	6.8	%	4.9	%
Other
Loans (% of total)	6	%	9	%	17	%	11	%	33	%	77	%
NPA + 90+ ratio	3.3	%	0.1	%	2.4	%	4.5	%	4.8	%	3.6	%
YTD NCO ratio	1.9	%	1.8	%	2.2	%	3.9	%	5.2	%	3.6	%
Total
Loans (% of total)	9	%	12	%	23	%	15	%	41	%	100	%
NPA + 90+ ratio	3.1	%	0.5	%	2.4	%	4.8	%	5.3	%	3.8	%
YTD NCO ratio	2.2	%	2.1	%	3.0	%	4.4	%	6.2	%	4.3	%
1sts
Loans (% of total)	4	%	3	%	2	%	1	%	3	%	14	%
NPA + 90+ ratio	1.6	%	0.0	%	7.4	%	25.6	%	8.7	%	4.8	%
YTD NCO ratio	3.2	%	2.6	%	3.0	%	7.7	%	4.9	%	3.6	%
2nds
Loans (% of total)	5	%	9	%	20	%	15	%	38	%	86	%
NPA + 90+ ratio	4.3	%	0.6	%	1.8	%	4.1	%	5.0	%	3.6	%
YTD NCO ratio	1.4	%	2.0	%	3.0	%	4.3	%	6.3	%	4.5	%
Total
Loans (% of total)	9	%	12	%	23	%	15	%	41	%	100	%
NPA + 90+ ratio	3.1	%	0.5	%	2.4	%	4.8	%	5.3	%	3.8	%
YTD NCO ratio	2.2	%	2.1	%	3.0	%	4.4	%	6.2	%	4.3	%
HE loans
Loans (% of total)	2	%	3	%	5	%	3	%	12	%	26	%
NPA + 90+ ratio	3.2	%	0.5	%	2.4	%	4.2	%	5.0	%	3.7	%
YTD NCO ratio	1.6	%	3.1	%	3.5	%	4.6	%	6.4	%	4.9	%
HELOCs
Loans (% of total)	7	%	9	%	18	%	12	%	29	%	74	%
NPA + 90+ ratio	3.1	%	0.4	%	2.3	%	5.0	%	5.5	%	3.8	%
YTD NCO ratio	2.3	%	1.8	%	2.9	%	4.3	%	6.1	%	4.2	%
Total
Loans (% of total)	9	%	12	%	23	%	15	%	41	%	100	%
NPA + 90+ ratio	3.1	%	0.5	%	2.3	%	4.9	%	5.3	%	3.8	%
YTD NCO ratio	2.2	%	2.1	%	3.0	%	4.4	%	6.2	%	4.3	%
< 660#
Loans (% of total)	< 1	%	1	%	1	%	1	%	1	%	4	%
NPA + 90+ ratio	10.8	%	2.3	%	10.1	%	16.1	%	12.6	%	11.0	%
YTD NCO ratio	14.9	%	12.2	%	8.7	%	8.0	%	12.7	%	11.0	%
660-689
Loans (% of total)	1	%	1	%	3	%	2	%	5	%	12	%
NPA + 90+ ratio	7.4	%	0.4	%	2.0	%	9.6	%	8.3	%	6.3	%
YTD NCO ratio	4.1	%	3.4	%	4.3	%	8.2	%	8.4	%	6.7	%
690-719
Loans (% of total)	1	%	2	%	4	%	3	%	10	%	21	%
NPA + 90+ ratio	4.8	%	0.6	%	2.6	%	6.4	%	5.9	%	4.7	%
YTD NCO ratio	2.0	%	2.9	%	3.8	%	6.5	%	8.6	%	6.3	%
720-749
Loans (% of total)	1	%	3	%	5	%	4	%	11	%	23	%
NPA + 90+ ratio	2.8	%	0.7	%	2.6	%	3.4	%	5.1	%	3.7	%
YTD NCO ratio	3.1	%	2.2	%	3.2	%	3.8	%	5.8	%	4.4	%
750+
Loans (% of total)	5	%	6	%	9	%	6	%	13	%	39	%
NPA + 90+ ratio	0.9	%	0.1	%	1.2	%	1.9	%	3.0	%	1.7	%
YTD NCO ratio	0.3	%	0.6	%	1.4	%	2.0	%	3.0	%	1.8	%
Total
Loans (% of total)	9	%	12	%	23	%	15	%	41	%	100	%
NPA + 90+ ratio	3.1	%	0.5	%	2.4	%	4.8	%	5.3	%	3.8	%
YTD NCO ratio	2.2	%	2.1	%	3.0	%	4.4	%	6.2	%	4.3	%

^# Includes relationship based and private client lending

Note: All consumer YTD net charge-off ratios throughout this document are calculated using second quarter end of period loan balances

Note: Percentages may not sum due to rounding

3

Direct home equity ($10.0 billion)

Combined loan-to-value (origination)

	<=70%		70.1-80%		80.1-90%		90.1-95%		95.1 +		Total
Florida
Loans (% of total)	5	%	2	%	1	%	< 1	%	< 1	%	8	%
NPA + 90+ ratio	2.5	%	0.0	%	4.2	%	13.5	%	10.3	%	3.0	%
YTD NCO ratio	0.4	%	2.3	%	6.3	%	4.3	%	9.2	%	2.0	%
Michigan
Loans (% of total)	9	%	5	%	4	%	2	%	2	%	22	%
NPA + 90+ ratio	1.5	%	0.3	%	1.8	%	5.3	%	4.6	%	1.9	%
YTD NCO ratio	0.7	%	1.3	%	2.1	%	3.3	%	3.2	%	1.6	%
Other
Loans (% of total)	28	%	15	%	12	%	5	%	9	%	70	%
NPA + 90+ ratio	1.3	%	0.1	%	1.5	%	4.6	%	2.6	%	1.5	%
YTD NCO ratio	0.3	%	0.6	%	0.6	%	0.9	%	1.5	%	0.6	%
Total
Loans (% of total)	42	%	21	%	18	%	7	%	12	%	100	%
NPA + 90+ ratio	1.5	%	0.1	%	1.7	%	5.2	%	3.3	%	1.7	%
YTD NCO ratio	0.4	%	0.8	%	1.3	%	1.6	%	2.1	%	0.9	%
1sts
Loans (% of total)	16	%	7	%	3	%	1	%	1	%	26	%
NPA + 90+ ratio	0.6	%	0.0	%	1.8	%	10.5	%	5.2	%	0.9	%
YTD NCO ratio	0.4	%	0.8	%	1.2	%	0.9	%	1.8	%	0.6	%
2nds
Loans (% of total)	26	%	15	%	15	%	7	%	11	%	74	%
NPA + 90+ ratio	2.1	%	0.2	%	1.7	%	4.7	%	3.1	%	2.0	%
YTD NCO ratio	0.4	%	0.9	%	1.3	%	1.7	%	2.1	%	1.1	%
Total
Loans (% of total)	42	%	21	%	18	%	7	%	12	%	100	%
NPA + 90+ ratio	1.5	%	0.1	%	1.7	%	5.2	%	3.3	%	1.7	%
YTD NCO ratio	0.4	%	0.8	%	1.3	%	1.6	%	2.1	%	0.9	%
HE loans
Loans (% of total)	6	%	3	%	3	%	1	%	2	%	16	%
NPA + 90+ ratio	2.1	%	0.3	%	1.6	%	5.1	%	3.1	%	2.1	%
YTD NCO ratio	0.4	%	0.9	%	1.2	%	1.6	%	2.1	%	1.0	%
HELOCs
Loans (% of total)	35	%	18	%	15	%	6	%	10	%	84	%
NPA + 90+ ratio	1.4	%	0.1	%	1.8	%	5.2	%	3.3	%	1.7	%
YTD NCO ratio	0.4	%	0.8	%	1.3	%	1.6	%	2.1	%	0.9	%
Total
Loans (% of total)	42	%	21	%	18	%	7	%	12	%	100	%
NPA + 90+ ratio	1.5	%	0.1	%	1.7	%	5.2	%	3.3	%	1.7	%
YTD NCO ratio	0.4	%	0.8	%	1.3	%	1.6	%	2.1	%	0.9	%
< 660#
Loans (% of total)	2	%	1	%	1	%	< 1	%	1	%	5	%
NPA + 90+ ratio	5.3	%	0.9	%	6.5	%	12.9	%	10.8	%	6.1	%
YTD NCO ratio	1.3	%	2.4	%	2.8	%	3.3	%	4.5	%	2.6	%
660-689
Loans (% of total)	3	%	2	%	2	%	1	%	1	%	8	%
NPA + 90+ ratio	2.5	%	0.3	%	3.1	%	13.1	%	6.4	%	4.0	%
YTD NCO ratio	1.2	%	2.8	%	3.1	%	3.0	%	4.6	%	2.8	%
690-719
Loans (% of total)	5	%	3	%	3	%	1	%	2	%	14	%
NPA + 90+ ratio	1.9	%	0.2	%	2.6	%	5.9	%	4.4	%	2.6	%
YTD NCO ratio	0.5	%	1.1	%	2.1	%	2.3	%	3.0	%	1.7	%
720-749
Loans (% of total)	6	%	4	%	4	%	2	%	3	%	18	%
NPA + 90+ ratio	1.0	%	0.2	%	1.8	%	5.3	%	2.5	%	1.7	%
YTD NCO ratio	0.6	%	1.3	%	1.3	%	1.6	%	1.7	%	1.2	%
750+
Loans (% of total)	26	%	12	%	9	%	3	%	5	%	55	%
NPA + 90+ ratio	0.5	%	0.0	%	0.6	%	2.2	%	1.1	%	0.6	%
YTD NCO ratio	0.1	%	0.3	%	0.5	%	0.8	%	0.9	%	0.4	%
Total
Loans (% of total)	42	%	21	%	18	%	7	%	12	%	100	%
NPA + 90+ ratio	1.5	%	0.1	%	1.7	%	5.2	%	3.3	%	1.7	%
YTD NCO ratio	0.4	%	0.8	%	1.3	%	1.6	%	2.1	%	0.9	%

^# Includes relationship based and private client lending

4

Total home equity ($12.4 billion)

Combined loan-to-value (origination)

	<=70%		70.1-80%		80.1-90%		90.1-95%		95.1 +		Total
Florida
Loans (% of total)	4	%	1	%	1	%	< 1	%	1	%	7	%
NPA + 90+ ratio	2.5	%	0.0	%	4.8	%	16.3	%	13.1	%	3.7	%
YTD NCO ratio	0.4	%	2.5	%	7.1	%	8.7	%	19.2	%	3.4	%
Michigan
Loans (% of total)	7	%	4	%	4	%	2	%	3	%	22	%
NPA + 90+ ratio	1.6	%	0.4	%	1.7	%	4.9	%	5.2	%	2.2	%
YTD NCO ratio	0.8	%	1.4	%	2.7	%	3.5	%	4.6	%	2.2	%
Other
Loans (% of total)	24	%	14	%	13	%	6	%	14	%	71	%
NPA + 90+ ratio	1.4	%	0.1	%	1.7	%	4.5	%	3.6	%	2.0	%
YTD NCO ratio	0.4	%	0.7	%	1.0	%	1.9	%	3.2	%	1.3	%
Total
Loans (% of total)	35	%	20	%	19	%	9	%	18	%	100	%
NPA + 90+ ratio	1.6	%	0.2	%	1.9	%	5.1	%	4.2	%	2.1	%
YTD NCO ratio	0.5	%	1.0	%	1.7	%	2.5	%	4.0	%	1.6	%
1sts
Loans (% of total)	13	%	6	%	3	%	1	%	1	%	24	%
NPA + 90+ ratio	0.6	%	0.0	%	2.9	%	13.0	%	6.9	%	1.4	%
YTD NCO ratio	0.5	%	1.0	%	1.5	%	2.0	%	3.3	%	0.9	%
2nds
Loans (% of total)	22	%	14	%	16	%	8	%	16	%	76	%
NPA + 90+ ratio	2.2	%	0.2	%	1.7	%	4.5	%	4.0	%	2.4	%
YTD NCO ratio	0.5	%	1.0	%	1.7	%	2.6	%	4.0	%	1.8	%
Total
Loans (% of total)	35	%	20	%	19	%	9	%	18	%	100	%
NPA + 90+ ratio	1.6	%	0.2	%	1.9	%	5.1	%	4.2	%	2.1	%
YTD NCO ratio	0.5	%	1.0	%	1.7	%	2.5	%	4.0	%	1.6	%
HE loans
Loans (% of total)	6	%	3	%	3	%	2	%	4	%	18	%
NPA + 90+ ratio	2.2	%	0.3	%	1.9	%	4.8	%	4.1	%	2.6	%
YTD NCO ratio	0.4	%	1.3	%	1.9	%	2.8	%	4.4	%	2.1	%
HELOCs
Loans (% of total)	30	%	17	%	16	%	7	%	13	%	82	%
NPA + 90+ ratio	1.5	%	0.1	%	1.9	%	5.1	%	4.2	%	2.1	%
YTD NCO ratio	0.5	%	1.0	%	1.6	%	2.5	%	3.8	%	1.5	%
Total
Loans (% of total)	35	%	20	%	19	%	9	%	18	%	100	%
NPA + 90+ ratio	1.6	%	0.2	%	1.9	%	5.1	%	4.2	%	2.1	%
YTD NCO ratio	0.5	%	1.0	%	1.7	%	2.5	%	4.0	%	1.6	%
< 660#
Loans (% of total)	2	%	1	%	1	%	< 1	%	1	%	4	%
NPA + 90+ ratio	5.8	%	1.0	%	7.4	%	14.0	%	11.4	%	7.1	%
YTD NCO ratio	2.5	%	3.6	%	4.3	%	4.8	%	7.2	%	4.3	%
660-689
Loans (% of total)	2	%	2	%	2	%	1	%	2	%	9	%
NPA + 90+ ratio	2.9	%	0.3	%	2.8	%	11.8	%	7.3	%	4.6	%
YTD NCO ratio	1.4	%	2.9	%	3.4	%	4.9	%	6.4	%	3.9	%
690-719
Loans (% of total)	4	%	3	%	3	%	2	%	4	%	15	%
NPA + 90+ ratio	2.2	%	0.2	%	2.6	%	6.1	%	5.2	%	3.2	%
YTD NCO ratio	0.7	%	1.4	%	2.4	%	3.8	%	5.6	%	3.0	%
720-749
Loans (% of total)	5	%	3	%	4	%	2	%	4	%	19	%
NPA + 90+ ratio	1.1	%	0.2	%	2.0	%	4.7	%	3.8	%	2.2	%
YTD NCO ratio	0.7	%	1.4	%	1.9	%	2.4	%	4.0	%	2.1	%
750+
Loans (% of total)	22	%	11	%	9	%	4	%	6	%	52	%
NPA + 90+ ratio	0.5	%	0.1	%	0.8	%	2.1	%	1.9	%	0.8	%
YTD NCO ratio	0.1	%	0.3	%	0.7	%	1.2	%	1.7	%	0.6	%
Total
Loans (% of total)	35	%	20	%	19	%	9	%	18	%	100	%
NPA + 90+ ratio	1.6	%	0.2	%	1.9	%	5.1	%	4.2	%	2.1	%
YTD NCO ratio	0.5	%	1.0	%	1.7	%	2.5	%	4.0	%	1.6	%

^# Includes relationship based and private client lending

5

Total residential mortgage ($9.9 billion)

	Florida		Michigan		Other		Total
Lots
Loans (% of total)	4	%	1	%	2	%	7	%
NPA + 90+ ratio	28.2	%	7.8	%	3.5	%	19.2	%
YTD NCO ratio	15.2	%	1.3	%	0.9	%	9.8	%
Residential construction
Loans (% of total)	1	%	1	%	3	%	5	%
NPA + 90+ ratio	6.1	%	3.1	%	2.5	%	3.6	%
YTD NCO ratio	1.6	%	0.7	%	1.2	%	1.2	%
Other non-owners occupied
Loans (% of total)	5	%	< 1	%	2	%	8	%
NPA + 90+ ratio	22.2	%	26.7	%	18.7	%	21.3	%
YTD NCO ratio	3.8	%	17.4	%	6.9	%	5.3	%
Owner occupied
Loans (% of total)	19	%	12	%	48	%	80	%
NPA + 90+ ratio	5.3	%	7.3	%	3.4	%	4.5	%
YTD NCO ratio	1.9	%	1.8	%	0.5	%	1.0	%
Total
Loans (% of total)	30	%	14	%	56	%	100	%
NPA + 90+ ratio	11.6	%	7.5	%	4.0	%	6.8	%
YTD NCO ratio	4.1	%	2.0	%	0.8	%	2.0	%

Total residential mortgage ($9.9 billion)

Loan-to-value (origination)

	<=70%		70.1-80%		80.1-90%		90.1-95%		95.1 +		Total
Lots
Loans (% of total)	1	%	2	%	1	%	< 1	%	3	%	7	%
NPA + 90+ ratio	24.8	%	20.7	%	22.7	%	30.7	%	13.3	%	19.2	%
YTD NCO ratio	13.3	%	10.9	%	7.4	%	9.8	%	8.9	%	9.8	%
Residential construction
Loans (% of total)	1	%	2	%	1	%	1	%	< 1	%	5	%
NPA + 90+ ratio	3.3	%	2.6	%	5.0	%	1.1	%	22.0	%	3.6	%
YTD NCO ratio	1.8	%	0.9	%	1.4	%	1.1	%	0.0	%	1.2	%
Other non-owners occupied
Loans (% of total)	2	%	4	%	2	%	< 1	%	1	%	8	%
NPA + 90+ ratio	12.2	%	15.8	%	32.2	%	36.7	%	45.0	%	21.3	%
YTD NCO ratio	1.8	%	4.9	%	3.2	%	10.8	%	22.7	%	5.3	%
Owner occupied
Loans (% of total)	22	%	33	%	7	%	4	%	13	%	80	%
NPA + 90+ ratio	1.8	%	2.4	%	8.7	%	8.6	%	10.6	%	4.5	%
YTD NCO ratio	0.2	%	0.6	%	1.6	%	2.2	%	2.5	%	1.0	%
Total
Loans (% of total)	26	%	42	%	11	%	5	%	16	%	100	%
NPA + 90+ ratio	3.3	%	4.7	%	13.5	%	10.4	%	12.3	%	6.8	%
YTD NCO ratio	0.9	%	1.6	%	2.5	%	2.9	%	4.2	%	2.0	%
Total residential mortgage ($9.9 billion)
FICO (origination)
	< 660#		660-689		690-719		720-750		750+		Total
Lots
Loans (% of total)	< 1	%	1	%	1	%	1	%	3	%	7	%
NPA + 90+ ratio	24.1	%	18.7	%	19.3	%	16.6	%	12.6	%	19.2	%
YTD NCO ratio	19.6	%	11.1	%	11.2	%	8.9	%	6.1	%	9.8	%
Residential construction
Loans (% of total)	< 1	%	< 1	%	1	%	1	%	2	%	5	%
NPA + 90+ ratio	4.3	%	2.0	%	4.3	%	0.0	%	0.6	%	3.6	%
YTD NCO ratio	9.8	%	0.4	%	2.0	%	0.0	%	0.0	%	1.2	%
Other non-owners occupied
Loans (% of total)	1	%	1	%	2	%	2	%	3	%	8	%
NPA + 90+ ratio	29.6	%	21.5	%	22.2	%	14.7	%	13.1	%	21.3	%
YTD NCO ratio	19.0	%	8.8	%	8.4	%	10.3	%	7.9	%	5.3	%
Owner occupied
Loans (% of total)	11	%	9	%	13	%	14	%	33	%	80	%
NPA + 90+ ratio	16.6	%	7.9	%	4.8	%	2.9	%	1.3	%	4.5	%
YTD NCO ratio	2.9	%	1.4	%	1.3	%	0.8	%	0.4	%	1.0	%
Total
Loans (% of total)	13	%	11	%	17	%	18	%	41	%	100	%
NPA + 90+ ratio	17.0	%	9.1	%	6.7	%	4.4	%	2.4	%	6.8	%
YTD NCO ratio	4.3	%	2.5	%	2.4	%	1.8	%	1.0	%	2.0	%

^# Loan with FICO < 660 include CRA and FHA/VA loans as well as relationship based and private client lending

6

Total auto ($8.4 billion)

FICO (origination)

	< 660		660-689		690-719		720-750		750+		Total
Auto/Van
Loans (% of total)	1	%	5	%	10	%	9	%	20	%	46	%
NPA + 90+ ratio	0.7	%	0.6	%	0.5	%	0.4	%	0.1	%	0.3	%
YTD NCO ratio	3.4	%	3.0	%	1.8	%	1.4	%	0.5	%	1.4	%
Small/Med SUV and Compact Pickup
Loans (% of total)	1	%	3	%	7	%	6	%	13	%	29	%
NPA + 90+ ratio	0.8	%	0.8	%	0.5	%	0.3	%	0.1	%	0.3	%
YTD NCO ratio	3.1	%	2.7	%	1.8	%	1.2	%	0.4	%	1.3	%
Large SUV/Full Size Pickup
Loans (% of total)	1	%	3	%	6	%	5	%	10	%	25	%
NPA + 90+ ratio	1.0	%	1.0	%	0.6	%	0.4	%	0.1	%	0.5	%
YTD NCO ratio	3.8	%	3.0	%	2.1	%	1.6	%	0.6	%	1.6	%
Total
Loans (% of total)	3	%	12	%	22	%	20	%	42	%	100	%
NPA + 90+ ratio	0.8	%	0.8	%	0.5	%	0.4	%	0.1	%	0.4	%
YTD NCO ratio	3.4	%	2.9	%	1.9	%	1.4	%	0.5	%	1.4	%
New
Loans (% of total)	1	%	4	%	9	%	8	%	20	%	42	%
NPA + 90+ ratio	0.7	%	0.8	%	0.5	%	0.3	%	0.1	%	0.3	%
YTD NCO ratio	3.4	%	2.4	%	1.5	%	1.1	%	0.4	%	1.0	%
Used
Loans (% of total)	2	%	8	%	13	%	12	%	22	%	58	%
NPA + 90+ ratio	0.8	%	0.7	%	0.5	%	0.4	%	0.2	%	0.4	%
YTD NCO ratio	3.5	%	3.2	%	2.1	%	1.5	%	0.6	%	1.7	%
Total
Loans (% of total)	3	%	12	%	22	%	20	%	42	%	100	%
NPA + 90+ ratio	0.8	%	0.8	%	0.5	%	0.4	%	0.1	%	0.4	%
YTD NCO ratio	3.4	%	2.9	%	1.9	%	1.4	%	0.5	%	1.4	%
<=100% advance rate
Loans (% of total)	2	%	6	%	11	%	10	%	27	%	56	%
NPA + 90+ ratio	0.5	%	0.4	%	0.3	%	0.2	%	0.1	%	0.2	%
YTD NCO ratio	2.6	%	1.7	%	0.8	%	0.6	%	0.2	%	0.7	%
>100% advance rate
Loans (% of total)	1	%	6	%	12	%	10	%	15	%	44	%
NPA + 90+ ratio	1.2	%	1.2	%	0.7	%	0.6	%	0.3	%	0.6	%
YTD NCO ratio	4.7	%	4.3	%	2.8	%	2.1	%	1.1	%	2.4	%
Total
Loans (% of total)	3	%	12	%	22	%	20	%	42	%	100	%
NPA + 90+ ratio	0.8	%	0.8	%	0.5	%	0.4	%	0.1	%	0.4	%
YTD NCO ratio	3.4	%	2.9	%	1.9	%	1.4	%	0.5	%	1.4	%
<=60 month term
Loans (% of total)	1	%	3	%	6	%	5	%	16	%	32	%
NPA + 90+ ratio	0.6	%	0.4	%	0.3	%	0.2	%	0.1	%	0.2	%
YTD NCO ratio	2.5	%	1.9	%	1.0	%	0.7	%	0.2	%	0.8	%
>60 month term
Loans (% of total)	2	%	9	%	17	%	14	%	26	%	68	%
NPA + 90+ ratio	1.0	%	0.9	%	0.6	%	0.5	%	0.2	%	0.5	%
YTD NCO ratio	4.1	%	3.3	%	2.1	%	1.6	%	0.7	%	1.7	%
Total
Loans (% of total)	3	%	12	%	22	%	20	%	42	%	100	%
NPA + 90+ ratio	0.8	%	0.8	%	0.5	%	0.4	%	0.1	%	0.4	%
YTD NCO ratio	3.4	%	2.9	%	1.9	%	1.4	%	0.5	%	1.4	%

7

	Consumer loans by vintage Mortgage								Home equity
	Lot		Resi Constr		Other non- owner occ’d		Owner occ’d		Brokerd		Direct		Auto		Card		Other		Total
2008
Loans (% of total, by loan type)	1	%	18	%	1	%	10	%	1	%	9	%	26	%	11	%	23	%	13	%
NPA + 90+ ratio	0.0	%	2.9	%	0.0	%	0.1	%	0.0	%	0.0	%	0.2	%	0.3	%	0.0	%	0.2	%
YTD NCO ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.1	%	0.2	%	0.0	%	0.0	%
2007
Loans (% of total, by loan type)	7	%	54	%	10	%	18	%	14	%	13	%	31	%	40	%	28	%	21	%
NPA + 90+ ratio	6.2	%	2.7	%	11.7	%	2.9	%	1.4	%	0.6	%	0.4	%	2.5	%	0.0	%	1.5	%
YTD NCO ratio	0.4	%	0.0	%	2.4	%	0.4	%	3.7	%	0.4	%	2.1	%	3.4	%	1.1	%	1.5	%
2006
Loans (% of total, by loan type)	34	%	17	%	19	%	15	%	33	%	15	%	17	%	12	%	16	%	17	%
NPA + 90+ ratio	10.5	%	9.1	%	26.9	%	6.6	%	4.3	%	2.3	%	0.5	%	4.1	%	0.3	%	4.3	%
YTD NCO ratio	6.6	%	3.7	%	8.8	%	1.5	%	6.0	%	1.5	%	2.5	%	6.9	%	2.0	%	3.0	%
2005
Loans (% of total, by loan type)	45	%	9	%	39	%	26	%	26	%	15	%	18	%	9	%	18	%	20	%
NPA + 90+ ratio	27.4	%	nm		22.3	%	5.0	%	3.8	%	2.2	%	0.3	%	3.9	%	0.2	%	5.0	%
YTD NCO ratio	15.2	%	3.3	%	4.6	%	1.6	%	3.9	%	1.7	%	1.3	%	6.9	%	0.8	%	2.7	%
2004 and prior
Loans (% of total, by loan type)	13	%	2	%	31	%	31	%	25	%	48	%	8	%	28	%	15	%	29	%
NPA + 90+ ratio	22.3	%	10.4	%	20.7	%	5.2	%	4.7	%	2.0	%	0.5	%	3.2	%	0.6	%	3.7	%
YTD NCO ratio	5.7	%	13.5	%	4.7	%	0.9	%	3.0	%	0.9	%	1.1	%	7.3	%	1.9	%	1.5	%
Total
Loans (% of total, by loan type)	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%
NPA + 90+ ratio	19.2	%	3.6	%	21.3	%	4.5	%	3.8	%	1.7	%	0.4	%	2.7	%	0.2	%	3.2	%
YTD NCO ratio	9.8	%	1.2	%	5.2	%	1.0	%	4.3	%	0.9	%	1.4	%	4.9	%	1.1	%	1.8	%

8

Second Quarter 2008 Portfolio Loan and Lease Stratifications:

Commercial

9

Total Commercial loans ($52.0 billion)

	Florida		Michigan		Other		Total
C&I
Loans (% of total)	4	%	9	%	42	%	56	%
NPA ratio	3.0	%	1.8	%	1.2	%	1.4	%
YTD NCO ratio	1.8	%	0.9	%	1.0	%	1.1	%
Commercial mortgage
Loans (% of total)	4	%	7	%	14	%	26	%
NPA ratio	9.9	%	3.9	%	2.3	%	4.0	%
YTD NCO ratio	0.6	%	1.6	%	0.5	%	0.9	%
Commercial construction
Loans (% of total)	3	%	2	%	7	%	12	%
NPA ratio	14.5	%	16.3	%	4.8	%	9.2	%
YTD NCO ratio	4.7	%	10.3	%	1.9	%	4.3	%
Lease
Loans (% of total)	< 1	%	< 1	%	8	%	8	%
NPA ratio	0.0	%	3.1	%	0.3	%	0.4	%
YTD NCO ratio	0.0	%	0.2	%	0.2	%	0.2	%
Other
Loans (% of total)	< 1	%	< 1	%	-1	%	-1	%
NPA ratio	0.0	%	0.0	%	0.0	%	0.0	%
YTD NCO ratio	nm		0.0	%	nm		nm
Total
Loans (% of total)	10	%	20	%	70	%	100	%
NPA ratio	8.7	%	4.2	%	1.7	%	2.9	%
YTD NCO ratio	2.1	%	2.2	%	0.9	%	1.3	%
Other non-owner occupied RE
Loans (% of total)	5	%	6	%	13	%	24	%
NPA ratio	14.5	%	9.2	%	3.8	%	7.3	%
YTD NCO ratio	2.8	%	5.6	%	1.1	%	2.6	%
Owner-occupied RE
Loans (% of total)	2	%	4	%	8	%	13	%
NPA ratio	2.6	%	3.3	%	2.0	%	2.5	%
YTD NCO ratio	0.1	%	0.9	%	0.5	%	0.5	%
C&I
Loans (% of total)	4	%	9	%	42	%	56	%
NPA ratio	3.0	%	1.8	%	1.2	%	1.4	%
YTD NCO ratio	1.8	%	0.9	%	1.0	%	1.1	%
Commercial lease
Loans (% of total)	< 1	%	< 1	%	8	%	8	%
NPA ratio	0.0	%	3.1	%	0.3	%	0.4	%
YTD NCO ratio	0.0	%	0.2	%	0.2	%	0.2	%
Other
Loans (% of total)	< 1	%	< 1	%	-1	%	-1	%
NPA ratio	0.0	%	0.0	%	0.0	%	0.0	%
YTD NCO ratio	nm		0.0	%	nm		nm
Total
Loans (% of total)	10	%	20	%	70	%	100	%
NPA ratio	8.7	%	4.2	%	1.7	%	2.9	%
YTD NCO ratio	2.1	%	2.2	%	0.9	%	1.3	%
Homebuilders / developers (included in #’s above)
Loans (% of total)	2	%	1	%	3	%	6	%
NPA ratio	25.4	%	22.3	%	8.0	%	16.6	%
YTD NCO ratio	1.6	%	13.7	%	3.6	%	5.4	%

10

Total commercial loans ($52.0 billion)

	C&I		Commercial mortgage		Commercial construction		Commercial lease		Total
Other non-owner occupied RE
Loans (% of total)	—		15	%	10	%	—		24	%
NPA ratio	—		5.5	%	10.1	%	—		7.3	%
YTD NCO ratio	—		1.0	%	5.0	%	—		2.6	%
Owner-occupied RE
Loans (% of total)	—		11	%	2	%	—		13	%
NPA ratio	—		2.1	%	4.4	%	—		2.5	%
YTD NCO ratio	—		0.5	%	0.5	%	—		0.5	%
C&I
Loans (% of total)	54	%	—		—		1	%	56	%
NPA ratio	1.5	%	—		—		0.0	%	1.4	%
YTD NCO ratio	1.1	%	—		—		0.0	%	1.1	%
Commercial lease
Loans (% of total)	—		—		—		8	%	8	%
NPA ratio	—		—		—		0.4	%	0.4	%
YTD NCO ratio	—		—		—		0.2	%	0.2	%
Other
Loans (% of total)	1	%	< 1	%	< 1	%	-2	%	-1	%
NPA ratio	0.0	%	nm		nm		0.0	%	0.0	%
YTD NCO ratio	0.0	%	nm		nm		nm		nm
Total
Loans (% of total)	56	%	26	%	12	%	7	%	100	%
NPA ratio	1.4	%	4.0	%	9.2	%	0.5	%	2.9	%
YTD NCO ratio	1.1	%	0.9	%	4.3	%	nm		1.3	%
Homebuilders / developers (included in #’s above)
Loans (% of total)	1	%	2	%	3	%	—		6	%
NPA ratio	9.0	%	18.3	%	16.6	%	—		16.6	%
YTD NCO ratio	0.7	%	2.3	%	8.5	%	—		5.4	%

11

Total commercial loans ($52.0 billion)

	Residential raw land		Residential developed land		Residential vertical land		Commercial raw land		Commercial developed land		Other		Total
Other non-owner occupied RE
Loans (% of total)	2	%	2	%	4	%	1	%	1	%	14	%	24	%
NPA ratio	15.7	%	18.0	%	8.6	%	5.5	%	5.5	%	4.9	%	7.3	%
YTD NCO ratio	8.3	%	3.5	%	3.6	%	1.8	%	6.6	%	1.2	%	2.6	%
Owner-occupied RE
Loans (% of total)	—		< 1	%	1	%	—		< 1	%	13	%	13	%
NPA ratio	—		1.0	%	12.5	%	—		1.5	%	2.1	%	2.5	%
YTD NCO ratio	—		0.0	%	2.3	%	—		0.0	%	0.5	%	0.5	%
C&I
Loans (% of total)	< 1	%	< 1	%	1	%	< 1	%	< 1	%	54	%	56	%
NPA ratio	1.6	%	0.0	%	4.4	%	2.9	%	2.6	%	1.4	%	1.4	%
YTD NCO ratio	2.1	%	0.0	%	0.6	%	0.4	%	0.0	%	1.1	%	1.1	%
Commercial lease
Loans (% of total)	—		—		—		—		—		8	%	8	%
NPA ratio	—		—		—		—		—		0.4	%	0.4	%
YTD NCO ratio	—		—		—		—		—		0.2	%	0.2	%
Other
Loans (% of total)	—		—		—		—		—		-1	%	-1	%
NPA ratio	—		—		—		—		—		na		na
YTD NCO ratio	—		—		—		—		—		na		na
Total
Loans (% of total)	2	%	2	%	5	%	2	%	1	%	88	%	100	%
NPA ratio	15.0	%	16.9	%	8.1	%	5.0	%	5.1	%	2.0	%	2.9	%
YTD NCO ratio	8.0	%	3.2	%	2.7	%	1.6	%	5.9	%	1.0	%	1.3	%
Florida
Loans (% of total)	1	%	1	%	1	%	< 1	%	< 1	%	7	%	10	%
NPA ratio	10.3	%	35.4	%	11.6	%	7.1	%	9.1	%	5.9	%	8.7	%
YTD NCO ratio	2.8	%	0.1	%	1.3	%	2.7	%	7.8	%	1.9	%	2.1	%
Michigan
Loans (% of total)	1	%	< 1	%	1	%	< 1	%	< 1	%	17	%	20	%
NPA ratio	22.4	%	9.6	%	16.0	%	7.4	%	13.4	%	2.6	%	4.2	%
YTD NCO ratio	15.8	%	11.1	%	8.0	%	2.3	%	22.2	%	1.0	%	2.2	%
Other
Loans (% of total)	1	%	1	%	3	%	1	%	1	%	64	%	70	%
NPA ratio	13.7	%	4.1	%	4.0	%	3.3	%	1.6	%	1.4	%	1.7	%
YTD NCO ratio	6.8	%	1.7	%	0.6	%	0.9	%	1.2	%	0.8	%	0.9	%
Total
Loans (% of total)	2	%	2	%	5	%	2	%	1	%	88	%	100	%
NPA ratio	15.0	%	16.9	%	8.1	%	5.0	%	5.1	%	2.0	%	2.9	%
YTD NCO ratio	8.0	%	3.2	%	2.7	%	1.6	%	5.9	%	1.0	%	1.3	%
Homebuilders / developers (included in #’s above)
Loans (% of total)	2	%	2	%	2	%	—		—		1	%	6	%
NPA ratio	15.0	%	16.9	%	11.6	%	—		—		42.0	%	16.6	%
YTD NCO ratio	7.9	%	3.9	%	4.0	%	—		—		1.6	%	5.4	%

12

Total commercial loans ($52.0 billion)

	C&I		Commercial mortgage		Commercial construction		Commercial lease		Total
Accommodation
Loans (% of total)	1	%	1	%	< 1	%	< 1	%	2	%
NPA ratio	3.2	%	5.5	%	33.3	%	0.0	%	5.5	%
YTD NCO ratio	0.8	%	0.1	%	0.0	%	0.0	%	0.5	%
Auto manufacturing
Loans (% of total)	1	%	< 1	%	—		< 1	%	1	%
NPA ratio	0.3	%	11.3	%	—		0.8	%	0.8	%
YTD NCO ratio	nm		0.0	%	—		0.9	%	0.0	%
Construction
Loans (% of total)	3	%	2	%	4	%	< 1	%	10	%
NPA ratio	4.5	%	8.2	%	14.6	%	0.1	%	9.6	%
YTD NCO ratio	0.8	%	3.7	%	8.0	%	0.0	%	4.6	%
Finance & insurance
Loans (% of total)	5	%	0	%	< 1	%	< 1	%	5	%
NPA ratio	1.0	%	2.6	%	0.0	%	0.0	%	1.0	%
YTD NCO ratio	1.0	%	nm		0.0	%	0.0	%	0.9	%
Manufacturing
Loans (% of total)	11	%	1	%	< 1	%	< 1	%	13	%
NPA ratio	0.8	%	2.8	%	0.0	%	1.0	%	1.0	%
YTD NCO ratio	0.5	%	2.0	%	0.0	%	0.2	%	0.5	%
Real estate
Loans (% of total)	5	%	13	%	5	%	1	%	24	%
NPA ratio	2.3	%	3.0	%	6.2	%	0.1	%	3.5	%
YTD NCO ratio	1.0	%	0.3	%	2.0	%	0.1	%	0.8	%
Retail trade
Loans (% of total)	2	%	1	%	< 1	%	< 1	%	3	%
NPA ratio	2.5	%	2.6	%	10.2	%	1.0	%	2.5	%
YTD NCO ratio	0.7	%	0.5	%	1.3	%	0.0	%	0.6	%
Auto retailers
Loans (% of total)	4	%	1	%	< 1	%	< 1	%	5	%
NPA ratio	1.5	%	0.5	%	0.0	%	0.0	%	1.3	%
YTD NCO ratio	0.8	%	0.2	%	0.0	%	0.0	%	0.7	%
Wholesale trade
Loans (% of total)	4	%	1	%	1	%	< 1	%	6	%
NPA ratio	0.7	%	1.3	%	1.6	%	0.2	%	0.9	%
YTD NCO ratio	1.2	%	0.0	%	0.0	%	0.0	%	1.0	%
Other
Loans (% of total)	20	%	6	%	1	%	4	%	31	%
NPA ratio	1.2	%	5.5	%	6.9	%	0.5	%	2.1	%
YTD NCO ratio	1.7	%	1.2	%	2.6	%	nm		1.3	%
Total
Loans (% of total)	56	%	26	%	12	%	7	%	100	%
NPA ratio	1.4	%	4.0	%	9.2	%	0.5	%	2.9	%
YTD NCO ratio	1.1	%	0.9	%	4.3	%	nm		1.3	%

13

Total commercial loans ($52.0 billion)

	Florida		Michigan		Other		Total
Accommodation
Loans (% of total)	< 1	%	< 1	%	1	%	2	%
NPA ratio	13.0	%	3.3	%	4.0	%	5.5	%
YTD NCO ratio	0.4	%	0.8	%	0.4	%	0.5	%
Auto manufacturing
Loans (% of total)	< 1	%	1	%	1	%	1	%
NPA ratio	0.0	%	0.5	%	1.1	%	0.8	%
YTD NCO ratio	0.0	%	nm		0.2	%	0.0	%
Construction
Loans (% of total)	2	%	2	%	6	%	10	%
NPA ratio	13.4	%	15.5	%	6.2	%	9.6	%
YTD NCO ratio	7.7	%	9.1	%	1.9	%	4.6	%
Finance & insurance
Loans (% of total)	1	%	1	%	4	%	5	%
NPA ratio	0.0	%	0.4	%	1.2	%	1.0	%
YTD NCO ratio	2.6	%	1.6	%	0.5	%	0.9	%
Manufacturing
Loans (% of total)	< 1	%	2	%	10	%	13	%
NPA ratio	1.9	%	1.3	%	0.9	%	1.0	%
YTD NCO ratio	0.2	%	0.7	%	0.5	%	0.5	%
Real estate
Loans (% of total)	4	%	7	%	13	%	24	%
NPA ratio	9.7	%	3.4	%	1.6	%	3.5	%
YTD NCO ratio	1.1	%	1.8	%	0.2	%	0.8	%
Retail trade
Loans (% of total)	< 1	%	1	%	2	%	3	%
NPA ratio	1.0	%	3.3	%	2.5	%	2.5	%
YTD NCO ratio	0.4	%	1.0	%	0.5	%	0.6	%
Auto retailers
Loans (% of total)	< 1	%	1	%	4	%	5	%
NPA ratio	2.0	%	1.6	%	1.2	%	1.3	%
YTD NCO ratio	0.0	%	0.8	%	0.7	%	0.7	%
Wholesale trade
Loans (% of total)	< 1	%	1	%	5	%	6	%
NPA ratio	0.0	%	0.5	%	1.0	%	0.9	%
YTD NCO ratio	1.9	%	0.4	%	1.1	%	1.0	%
Other
Loans (% of total)	2	%	5	%	24	%	31	%
NPA ratio	9.5	%	3.1	%	1.1	%	2.1	%
YTD NCO ratio	0.9	%	1.0	%	1.4	%	1.3	%
Total
Loans (% of total)	10	%	20	%	70	%	100	%
NPA ratio	8.7	%	4.2	%	1.7	%	2.9	%
YTD NCO ratio	2.1	%	2.2	%	0.9	%	1.3	%

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Cautionary Statement

This report may contain forward-looking statements about Fifth Third Bancorp and/or the company as combined acquired entities within the meaning of Sections 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, that involve inherent risks and uncertainties. This report may contain certain forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance and business of Fifth Third Bancorp and/or the combined company including statements preceded by, followed by or that include the words or phrases such as “believes,” “expects,” “anticipates,” “plans,” “trend,” “objective,” “continue,” “remain” or similar expressions or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may” or similar expressions. There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and weakening in the economy, specifically the real estate market, either national or in the states in which Fifth Third, one or more acquired entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) changes and trends in capital markets; (8) competitive pressures among depository institutions increase significantly; (9) effects of critical accounting policies and judgments; (10) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies; (11) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged; (12) ability to maintain favorable ratings from rating agencies; (13) fluctuation of Fifth Third’s stock price; (14) ability to attract and retain key personnel; (15) ability to receive dividends from its subsidiaries; (16) potentially dilutive effect of future acquisitions on current shareholders' ownership of Fifth Third; (17) effects of accounting or financial results of one or more acquired entities; (18) difficulties in combining the operations of acquired entities; (19) inability to generate the gains on sale and related increase in shareholders’ equity that it anticipates from the sale of certain non-core businesses, (20) loss of income from the sale of certain non-core businesses could have an adverse effect on Fifth Third’s earnings and future growth (21) ability to secure confidential information through the use of computer systems and telecommunications networks; and (22) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity. Additional information concerning factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements is available in the Bancorp's Annual Report on Form 10-K for the year ended December 31, 2007, filed with the United States Securities and Exchange Commission (SEC). Copies of this filing are available at no cost on the SEC's Web site at www.sec.gov or on the Fifth Third’s Web site at www.53.com. Fifth Third undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this report.

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