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): January 21, 2010

(Exact Name of Registrant as Specified in Its Charter)

OHIO

(State or Other Jurisdiction of Incorporation)

001-33653	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)

(800) 972-3030

(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 January 21, 2010, Fifth Third Bancorp issued a press release and its quarterly and annual financial supplements announcing its earnings release for the fourth quarter of 2009. A copy of this press release and its quarterly and annual financial supplements are attached as Exhibits 99.1, 99.2 and 99.3, 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 January 21, 2010, Fifth Third Bancorp issued a press release and its quarterly and annual financial supplements announcing its earnings release for the fourth quarter of 2009. Copies of this press release and its quarterly and annual financial supplements are attached as Exhibits 99.1, 99.2 and 99.3, 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 credit trends and certain information regarding its portfolio of loans and leases. Copies of these items are attached as Exhibits 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 January 21, 2010
Exhibit 99.2	–	Quarterly Financial Supplement
Exhibit 99.3	–	Annual Financial Supplement
Exhibit 99.4	–	Fourth Quarter 2009 Credit Trends
Exhibit 99.5	–	Fourth Quarter 2009 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)
January 21, 2010	/s/ Daniel T. Poston
	Daniel T. Poston
	Executive Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

		News Release
CONTACTS:	Jim Eglseder (Investors)	FOR IMMEDIATE RELEASE
	(513) 534-8424 Rich Rosen (Investors) (513) 534-3307 Debra DeCourcy, APR (Media) (513) 534-6957	January 21, 2010

FIFTH THIRD BANCORP REPORTS 2009 NET INCOME OF $737 MILLION

Includes fourth quarter 2009 net loss of $98 million

• Fourth quarter 2009 net loss of $0.20 per diluted share

• Third quarter 2009 net loss of $97 million; $0.20 per diluted share

• Third quarter 2009 results included net benefit related to Visa shares of $317 million pre-tax or $206 million after tax; $0.26 per diluted share

• Net interest margin of 3.55%, up 12 bps from the previous quarter

• Noninterest income up 7% sequentially excluding the third quarter 2009 Visa gain

• Improving credit trends

• Net charge-offs declined 6%

• Both early and late stage delinquencies declined significantly from the third quarter

• Nonperforming assets increased 1 percent sequentially; including loans held-for-sale, total nonperforming assets declined 1 percent

• Average core deposits up 11%, wholesale funding down 44% from a year ago

• Tangible common equity ratio of 6.45%, Tier 1 common ratio of 7.00%, Leverage ratio of 12.43%, Tier 1 ratio of 13.31%, total capital ratio of 17.48%

• Allowance to loan ratio increased to 4.88%, allowance to nonperforming loans ratio increased to 127%, allowance 1.3 times annualized net charge-offs

• Extended $19 billion of new and renewed credit in the fourth quarter

Earnings Highlights

	For the Three Months Ended															% Change
	December 2009			September 2009			June 2009			March 2009			December 2008			Seq		Yr/Yr
Earnings ($ in millions)
Net income (loss)	($	98	)	($	97	)	$	882		$	50		($	2,142	)	(1	%)	95	%
Net income (loss) available to common shareholders	($	160	)	($	159	)	$	856		($	26	)	($	2,184	)	(1	%)	93	%
Common Share Data
Earnings per share, basic		(0.20	)		(0.20	)		1.35			(0.04	)		(3.78	)	—		95	%
Earnings per share, diluted		(0.20	)		(0.20	)		1.15			(0.04	)		(3.78	)	—		95	%
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01		—		—
Financial Ratios
Return on average assets		(.35	%)		(.34	%)		3.05	%		0.17	%		(7.16	%)	(3	%)	95	%
Return on average common equity		(6.3	)		(6.1	)		41.2			(1.4	)		(94.6	)	(3	%)	93	%
Tier I capital		13.31			13.19			12.90			10.93			10.59		1	%	26	%
Tier I common equity		7.00			7.01			6.94			4.50			4.37		—		60	%
Net interest margin (a)		3.55			3.43			3.26			3.06			3.46		3	%	3	%
Efficiency (a)		63.1			50.8			29.9			65.1			131.3		24	%	(52	%)
Common shares outstanding (in thousands)		795,068			795,316			795,313			576,936			577,387		—		38	%
Average common shares outstanding (in thousands):
Basic		790,442			790,334			629,789			571,810			571,809		—		38	%
Diluted		790,442			790,334			718,245			571,810			571,809		—		38	%

(a) Presented on a fully taxable equivalent basis

Fifth Third Bancorp (Nasdaq: FITB) today reported full year 2009 net income of $737 million compared with a net loss of $2.1 billion in 2008. 2009 net income available to common shareholders was $511 million or $0.67 per diluted share compared with a 2008 net loss of $2.2 billion or $3.91 per diluted share.

Fourth quarter 2009 results were a net loss of $98 million compared with a net loss of $97 million in the third quarter of 2009 and a net loss of $2.1 billion in the fourth quarter of 2008. After preferred dividends, the fourth quarter 2009 net loss available to common shareholders was $160 million or $0.20 per diluted share, compared with a third quarter net loss of $159 million or $0.20 per diluted share, and a net loss of $2.2 billion or $3.78 per diluted share in the fourth quarter of 2008.

Fourth quarter results included the benefit of a $20 million pre-tax mark-to-market adjustment on warrants related to the Fifth Third Processing Solutions joint venture, recorded in other noninterest income, offset by a $22 million pre-tax litigation reserve accrual recorded in other noninterest expense for litigation associated with bank card association membership. Third quarter 2009 results included a pre-tax net benefit of $317 million, or $0.26 per diluted share after-tax, from the sale of our Visa, Inc. Class B common shares and the release of Visa litigation reserves. Fourth quarter 2008 results included net charges of $1.0 billion pre-tax or $1.76 per diluted share: a $965 million goodwill impairment charge, a $40 million other-than-temporary-impairment charge on securities, a $34 million charge to lower the cash surrender value of a BOLI policy, and an $8 million charge due to changes in loss estimates related to the Bancorp’s indemnification obligation with Visa.

“Fourth quarter credit trends were better than expected and showed encouraging signs of improvement”, said Kevin T. Kabat, Chairman, CEO and President of Fifth Third Bancorp. “Net charge-offs were $708 million, down $48 million from the third quarter, with improvement in both commercial and consumer loan losses. We expect net charge-offs to decline again in the first quarter, reflecting relatively stable consumer trends and lower C&I and commercial real estate losses, and our current expectation is for full-year 2010 net charge-offs to decline from those realized in 2009 as we experience lower loss content in problem assets at this stage of the cycle. Loans 30-89 days past due and loans more than 90 days past due were down significantly during the quarter primarily due to improvement in commercial delinquencies. Nonperforming assets increased 1 percent, significantly lower than previous quarters during this cycle. Our current expectation is for nonperforming assets to increase moderately in the first quarter and for growth to continue to slow moving forward.

The provision for loan losses exceeded net charge-offs by $68 million, increasing the reserve to loan ratio to 4.88 percent and coverage of non-performing loans and leases to 127 percent. We do not expect further appreciable increases in our loan loss reserve levels to be necessary, given our strong reserve position and current expectations for credit trends.

In addition to credit results, fourth quarter operating results were significantly improved. Net interest income was up modestly from last quarter with 12 bps of net interest margin expansion. Core deposit growth remains

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strong, particularly in transaction deposits which were up 6 percent sequentially. This transaction deposit growth offset a reduction in retail CDs and allowed us to reduce wholesale funding that resulted in a significantly better liquidity position. We originated $19 billion in loans and renewals during the quarter despite loan demand that remains weak. Excluding the benefit of actions related to our shares in Visa, Inc., noninterest income increased 7 percent and expenses increased 2 percent. Pre-provision net revenue of $562 million increased 7 percent excluding the Visa benefit.

We currently expect credit and operating results to improve further in the first quarter, and that our aggressive actions to address the issues presented by this cycle will continue to serve us well as the economic environment stabilizes and improves.”

Income Statement Highlights

	For the Three Months Ended															% Change
	December 2009			September 2009			June 2009			March 2009			December 2008			Seq		Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	882		$	874		$	836		$	781		$	897		1	%	(2	%)
Provision for loan and lease losses		776			952			1,041			773			2,356		(18	%)	(67	%)
Total noninterest income		651			851			2,583			697			642		(23	%)	1	%
Total noninterest expense		967			876			1,021			962			2,022		10	%	(52	%)
Income (loss) before income taxes (taxable equivalent)		(210	)		(103	)		1,357			(257	)		(2,839	)	(104	%)	93	%
Taxable equivalent adjustment		4			5			5			5			5		(20	%)	(20	%)
Applicable income taxes		(116	)		(11	)		470			(312	)		(702	)	(955	%)	83	%
Net income (loss)		(98	)		(97	)		882			50			(2,142	)	(1	%)	95	%
Dividends on preferred stock		62			62			26			76			42		—		48	%
Net income (loss) available to common shareholders		(160	)		(159	)		856			(26	)		(2,184	)	(1	%)	93	%
Earnings per share, diluted	($	0.20	)	($	0.20	)	$	1.15		($	0.04	)	($	3.78	)	—		95	%
Net Interest Income
	For the Three Months Ended															% Change
	December 2009			September 2009			June 2009			March 2009			December 2008			Seq		Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,147		$	1,174		$	1,184		$	1,183		$	1,411		(2	%)	(19	%)
Total interest expense		265			300			348			402			514		(12	%)	(48	%)
Net interest income (taxable equivalent)	$	882		$	874		$	836		$	781		$	897		1	%	(2	%)
Average Yield
Yield on interest-earning assets		4.61	%		4.61	%		4.62	%		4.63	%		5.44	%	—		(15	%)
Yield on interest-bearing liabilities		1.39	%		1.51	%		1.67	%		1.89	%		2.28	%	(8	%)	(39	%)
Net interest rate spread (taxable equivalent)		3.22	%		3.10	%		2.95	%		2.74	%		3.16	%	4	%	2	%
Net interest margin (taxable equivalent)		3.55	%		3.43	%		3.26	%		3.06	%		3.46	%	3	%	3	%
Average Balances ($ in millions)
Loans and leases, including held for sale	$	79,920		$	82,888		$	84,996		$	85,829		$	87,426		(4	%)	(9	%)
Total securities and other short-term investments		18,869			18,065			17,762			17,835			15,683		4	%	20	%
Total interest-bearing liabilities		75,815			78,759			83,407			86,218			89,440		(4	%)	(15	%)
Shareholders’ equity		13,724			13,885			12,490			12,084			10,291		(1	%)	33	%

Net interest income of $882 million on a taxable equivalent basis increased $8 million, or 1 percent, from the third quarter of 2009. The net interest margin was 3.55 percent, up 12 bps from 3.43 percent in the previous quarter. The sequential increase in net interest income and net interest margin was largely driven by reduced funding costs as our deposit mix continued to shift to lower cost core deposits from higher priced term

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deposits. This positive funding effect was partially offset by lower loan balances coupled with stabilization of spreads on loans originated during the quarter.

Compared with the fourth quarter of 2008, net interest income decreased $15 million and the net interest margin increased 9 bps from 3.46 percent. Fourth quarter 2008 results included $81 million in loan discount accretion related to the First Charter acquisition compared with $23 million this quarter and $27 million last quarter. Excluding this impact in both periods, year-over-year net interest income increased by 5 percent and net interest margin increased by 30 bps largely as a result of the runoff of higher cost term deposits throughout the year.

Average Securities

During the quarter, average securities balances increased by $804 million, primarily through the purchase of agency mortgage-backed securities partially offset by a reduction in Variable Rate Demand Notes (VRDNs) during the quarter.

Average Loans

	For the Three Months Ended										% Change
	December 2009		September 2009		June 2009		March 2009		December 2008		Seq		Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial loans	$	25,816	$	27,400	$	28,027	$	28,949	$	30,227	(6	%)	(15	%)
Commercial mortgage		11,981		12,269		12,463		12,508		13,189	(2	%)	(9	%)
Commercial construction		4,024		4,337		4,672		4,987		5,990	(7	%)	(33	%)
Commercial leases		3,574		3,522		3,477		3,564		3,629	1	%	(2	%)
Subtotal - commercial loans and leases		45,395		47,528		48,639		50,008		53,035	(4	%)	(14	%)
Consumer:
Residential mortgage loans		8,129		8,355		8,713		9,195		9,335	(3	%)	(13	%)
Home equity		12,291		12,452		12,636		12,763		12,677	(1	%)	(3	%)
Automobile loans		8,973		8,871		8,692		8,687		8,428	1	%	6	%
Credit card		1,982		1,955		1,863		1,825		1,748	1	%	13	%
Other consumer loans and leases		831		899		1,030		1,083		1,146	(8	%)	(27	%)
Subtotal - consumer loans and leases		32,206		32,532		32,934		33,553		33,334	(1	%)	(3	%)
Total average loans and leases (excluding held for sale)	$	77,601	$	80,060	$	81,573	$	83,561	$	86,369	(3	%)	(10	%)
Average loans held for sale		2,319		2,828		3,422		2,268		1,057	(18	%)	119	%

Average portfolio loan and lease balances decreased 3 percent sequentially and declined 10 percent from the fourth quarter of 2008 primarily due to lower demand for consumer and commercial loans and leases.

Average commercial loan and lease balances decreased 4 percent sequentially and declined 14 percent from the fourth quarter of the previous year. The sequential and year-over-year decline in average commercial loan and lease balances was largely driven by lower customer line usage, which was down $1.0 billion from the previous quarter and $3.9 billion from the same quarter the previous year. During the fourth quarter of 2009, commercial and industrial (C&I) average loans decreased by 6 percent sequentially and 15 percent from the previous year primarily due to lower customer line usage. Average commercial mortgage and commercial construction loan balances declined by a combined 4 percent sequentially and 17 percent from the same period the previous year, reflecting low customer demand and tighter underwriting standards.

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Average consumer loan and lease balances decreased 1 percent sequentially and declined 3 percent from the fourth quarter of 2008. Both sequential and year-over-year comparisons reflect lower home equity and residential mortgage loan balances partially offset by growth in credit card and auto balances.

Nearly all of Fifth Third’s mortgages are originated to be sold to agencies and are not reflected in portfolio loans or portfolio loan growth. Warehoused residential mortgages held-for-sale remain at relatively high levels of $2.0 billion due to continued high mortgage origination volumes.

Average Deposits

	For the Three Months Ended										% Change
	December 2009		September 2009		June 2009		March 2009		December 2008		Seq		Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	18,137	$	17,059	$	16,689	$	15,532	$	14,602	6	%	24	%
Interest checking		16,324		14,869		14,837		14,229		13,698	10	%	19	%
Savings		17,540		16,967		16,705		16,272		15,960	3	%	10	%
Money market		4,279		4,280		4,167		4,559		4,983	—		(14	%)
Foreign office (a)		2,516		2,432		1,717		1,755		1,876	3	%	34	%
Subtotal - Transaction deposits		58,796		55,607		54,115		52,347		51,119	6	%	15	%
Other time		13,049		14,264		14,612		14,501		13,337	(9	%)	(2	%)
Subtotal - Core deposits		71,845		69,871		68,727		66,848		64,456	3	%	11	%
Certificates - $100,000 and over		8,200		10,055		11,455		11,802		12,468	(18	%)	(34	%)
Other		51		95		240		247		1,090	(46	%)	(95	%)
Total deposits	$	80,096	$	80,021	$	80,422	$	78,897	$	78,014	—		3	%

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

Average core deposits increased 3 percent sequentially and 11 percent from the fourth quarter of 2008. Sequential growth in demand deposit accounts (DDA), interest checking and savings was partially offset by lower consumer CD balances. Higher priced, short-term consumer CDs originated in the second half of 2008 continue to be replaced by lower cost deposit products. Average transaction deposits excluding consumer time deposits were up 6 percent from third quarter of 2009 and increased 15 percent from the same period the previous year.

Retail average core deposits were flat sequentially and increased 6 percent from the fourth quarter of 2008. Sequential growth in DDA, interest checking, and savings deposits was offset by a decline in consumer CD balances. Higher average account balances drove the increase. On a year-over-year basis, growth in DDA, interest checking, and savings was partially offset by lower money market and consumer CD balances. Commercial average core deposits increased 12 percent sequentially and 28 percent from the previous year. The sequential and year-over-year growth was driven by DDA and interest checking, as average account balances increased and public funds balances were higher in the fourth quarter due to seasonality.

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Noninterest Income

	For the Three Months Ended													% Change
	December 2009		September 2009			June 2009		March 2009			December 2008			Seq		Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	159	$	164		$	162	$	146		$	162		(3	%)	(2	%)
Corporate banking revenue		98		86			99		116			121		15	%	(19	%)
Mortgage banking net revenue		132		140			147		134			(29	)	(6	%)	NM
Investment advisory revenue		77		74			73		76			78		4	%	(2	%)
Card and processing revenue		76		74			243		223			230		3	%	(67	%)
Gain on sale of FTPS joint venture		—		(6	)		1,764		—			—		100	%	NM
Other noninterest income		107		311			49		10			24		(66	%)	349	%
Securities gains (losses), net		2		8			5		(24	)		(40	)	(75	%)	NM
Securities gains, net-non-qualifying hedges on mortgage servicing rights		—		—			41		16			96		NM		(100	%)
Total noninterest income	$	651	$	851		$	2,583	$	697		$	642		(23	%)	1	%

NM: Not Meaningful

Noninterest income of $651 million decreased $200 million sequentially and increased $9 million from a year ago. Third quarter 2009 results included a $244 million gain from the sale of our Visa, Inc. Class B common shares, while fourth quarter 2009 included a benefit of $20 million in mark-to-market adjustments on warrants related to the Fifth Third Processing Solutions joint venture. Excluding these items, as well as investment securities gains/losses in all periods, noninterest income increased by $30 million, or 5 percent, from the previous quarter driven by strong growth in corporate banking revenue as well as growth in card and processing revenue and investment advisory revenue. Additionally, losses on the sale of other real estate owned (OREO), fair value adjustments on commercial loans held-for-sale, and gains and losses on loan sales adversely affected fee income by $30 million in the fourth quarter of 2009 compared with $45 million in the previous quarter.

Fourth quarter 2009 results benefited from $39 million in revenue associated with the transition service agreement (TSA) entered into as part of our processing joint venture, under which the Bancorp provides services to the processing business to support its operations during the deconversion period. Revenue from the TSA was $38 million in the previous quarter. Fourth quarter 2008 results included a non-cash charge of $34 million to lower the cash surrender value of one of our BOLI policies and $40 million in other than temporary impairment (OTTI) charges on certain securities. Fourth quarter 2008 results also included $160 million of revenue from the merchant processing and financial institutions businesses that were sold in the second quarter of 2009. Excluding these items and those noted above, noninterest income increased by $73 million, or 13 percent, from the fourth quarter of 2008, driven by strong mortgage banking revenue. Losses on the sale of OREO, fair value adjustments on commercial loans held-for-sale, and gains and losses on loan sales adversely affected noninterest income by $22 million in the fourth quarter of 2008.

Service charges on deposits of $159 million declined 3 percent sequentially and 2 percent compared with the same quarter last year. Retail service charges declined 6 percent from the previous quarter and 3 percent compared with the fourth quarter of 2008. The sequential and year-over-year declines were largely driven by a reduction of NSF fees due to changes in overdraft policies. Commercial service charges increased 1 percent sequentially and declined by 1 percent versus last year.

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Corporate banking revenue of $98 million increased 15 percent from soft third quarter results and declined 19 percent from the same period the previous year. Sequential results were driven primarily by growth in institutional sales, interest rate derivative sales revenue, and business lending fees, partially offset by a decline in foreign exchange revenue. On a year-over-year basis, lower foreign exchange and interest rate derivative sales revenue more than offset growth in institutional sales and business lending fees.

Mortgage banking net revenue was $132 million in the fourth quarter of 2009, a decrease of $8 million from strong third quarter 2009 results and an increase of $161 million from the fourth quarter of 2008. Fourth quarter 2008 results included mortgage servicing rights (MSR) valuation adjustments, including mark-to-market related adjustments on free-standing derivatives that represented a net loss of $96 million; this net loss was fully offset by gains in MSR balance sheet hedges reported in securities gains, net non-qualifying hedges on mortgage servicing rights. Fourth quarter 2009 originations of $4.4 billion were unchanged from the previous quarter and up from $2.1 billion in the fourth quarter of 2008. Fourth quarter 2009 originations resulted in gains of $97 million on mortgages sold compared with gains of $96 million during the previous quarter and $45 million during the same period in 2008. Net servicing revenue, before MSR valuation adjustments, totaled $26 million in the third quarter, compared with $21 million last quarter and $22 million a year ago. MSR valuation adjustments, including mark-to-market related adjustments on free-standing derivatives used to economically hedge the MSR portfolio, represented a net gain of $9 million in the fourth quarter of 2009, compared with a net gain of $23 million last quarter and a net loss of $96 million a year ago. The mortgage-servicing asset, net of the valuation reserve, was $699 million at quarter end on a servicing portfolio of $49 billion.

Investment advisory revenue of $77 million was up 4 percent sequentially and down 2 percent from the fourth quarter of 2008. Institutional trust revenue was up 10 percent from the previous quarter and 13 percent from the previous year while private client revenue increased 5 percent both sequentially and versus the fourth quarter of 2008. Both sequential and year-over-year comparisons were driven by increases in market values of assets. Mutual fund fees were down 14 percent from the previous quarter and 27 percent from the previous year generally due to lower mutual fund balances. Brokerage fees were up 9 percent from the third quarter of 2009 and declined 7 percent from the same period the previous year. Sequential growth was due to higher retail trading volumes and strong volume in structured products.

Card and processing revenue was $76 million in the fourth quarter, an increase of 3 percent from the previous quarter. Results from the fourth quarter of 2008 included merchant processing revenue and financial institutions revenue, which are now part of the processing business joint venture. These items contributed $160 million to card and processing revenue in the fourth quarter of 2008. Excluding the divested revenue, card and processing revenue increased by $6 million, or 9 percent, from the previous year due to growth in debit card transaction volumes.

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Other noninterest income totaled $107 million in the fourth quarter of 2009 versus $311 million in the previous quarter and $24 million in the fourth quarter of 2008. Fourth quarter 2009 results included a benefit of $20 million of mark-to-market adjustments on warrants related to the Fifth Third Processing Solutions joint venture. Third quarter 2009 results included a $244 million gain from the Visa transaction, while fourth quarter 2008 results included a non-cash charge of $34 million that lowered the cash surrender value of one of our BOLI policies. Excluding these items, other noninterest income increased by $20 million compared with the previous quarter and increased by $29 million from the same period the previous year. Fourth quarter 2009 results included $39 million of revenue related to the processing business TSA compared with $38 million in the third quarter. Income from our ownership interest in the processing business joint venture was $8 million in the fourth quarter of 2009 versus $7 million in the previous quarter. Losses on the sale of OREO totaled $21 million in the fourth quarter compared with $22 million in the previous quarter and in the fourth quarter of 2008. Fair value charges on commercial loans held-for-sale totaled $17 million in the fourth quarter of 2009 compared with $30 million in the previous quarter. There were no fair value adjustments that affected other noninterest income in the fourth quarter of 2008. There were no gains from loan sales recorded in the fourth quarter of 2008 compared with net gains on loan sales of $8 million in both the third and fourth quarters of 2009.

There were no net securities gains on non-qualifying hedges on MSRs in the fourth quarter of 2009 or in the previous quarter while fourth quarter 2008 results included gains of $96 million.

Net gains on investment securities were $2 million in the fourth quarter of 2009, compared with securities gains of $8 million in the previous quarter and net losses of $40 million in the same period the previous year.

Noninterest Expense

	For the Three Months Ended										% Change
	December 2009		September 2009		June 2009		March 2009		December 2008		Seq		Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	331	$	335	$	346	$	327	$	337	(1	%)	(2	%)
Employee benefits	$	69	$	83	$	75	$	83	$	61	(16	%)	13	%
Net occupancy expense	$	75	$	75	$	79	$	79	$	77	1	%	(3	%)
Technology and communications	$	47	$	43	$	45	$	45	$	48	9	%	(2	%)
Equipment expense	$	31	$	30	$	30	$	31	$	35	4	%	(11	%)
Card and processing expense	$	27	$	25	$	75	$	67	$	70	5	%	(62	%)
Other noninterest expense	$	387	$	285	$	370	$	330	$	1,394	36	%	(72	%)
Total noninterest expense	$	967	$	876	$	1,021	$	962	$	2,022	10	%	(52	%)

Noninterest expense of $967 million increased $91 million sequentially and decreased $1.1 billion from a year ago. Fourth quarter 2009 results included a $22 million reserve established for litigation associated with bank card association memberships. Third quarter 2009 results included the Visa litigation reserve reversal of $73 million and $10 million of seasonal pension settlement expense. Excluding the effect of these items, fourth quarter 2009 noninterest expense increased by $6 million, or 1 percent, from the previous quarter, driven largely by tax related accruals and higher marketing expenses. Fourth quarter 2008 results included a $965 million charge to record goodwill impairment and an $8 million charge due to loss estimates related to the Bancorp’s indemnification obligation with Visa. Excluding these items, expenses decreased by $104 million

8

from a year ago, or 10 percent, driven by lower credit-related costs and a reduction in core expenses due to the processing business sale.

During the fourth quarter we incurred approximately $39 million in operating expenses compared with $38 million in the previous quarter, related to the processing business joint venture that were offset with revenue under the transition service agreement (TSA) that was reported in other noninterest income.

Expenses incurred related to problem assets totaled $55 million in the fourth quarter of 2009, compared with $100 million in the previous quarter and $105 million in the fourth quarter of 2008. The largest driver of the sequential and year-over-year decline was in the provision expense for unfunded commitments, which was $10 million in the fourth quarter of 2009 compared with $45 million the previous quarter and $63 million in the fourth quarter of 2008. Derivative valuation adjustments related to customer risk resulted in a $2 million gain this quarter versus $21 million of expense last quarter and no effect a year ago. Other work-out related expenses were $37 million in the fourth quarter, compared with $28 million the previous quarter and $39 million in the same period last year. OREO expense was $9 million this quarter, compared with $6 million last quarter and $4 million a year ago.

Credit Quality

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Total net losses charged off ($ in millions)
Commercial loans	($	183	)	($	256	)	($	177	)	($	103	)	($	422	)
Commercial mortgage loans		(142	)		(118	)		(85	)		(77	)		(465	)
Commercial construction loans		(135	)		(126	)		(79	)		(76	)		(539	)
Commercial leases		(8	)		—			(1	)		—			—
Residential mortgage loans		(78	)		(92	)		(147	)		(75	)		(49	)
Home equity		(82	)		(80	)		(88	)		(72	)		(54	)
Automobile loans		(32	)		(34	)		(36	)		(46	)		(43	)
Credit card		(44	)		(45	)		(45	)		(36	)		(30	)
Other consumer loans and leases		(4	)		(5	)		32			(5	)		(25	)
Total net losses charged off		(708	)		(756	)		(626	)		(490	)		(1,627	)
Total losses		(743	)		(796	)		(693	)		(521	)		(1,633	)
Total recoveries		35			40			67			31			6
Total net losses charged off	($	708	)	($	756	)	($	626	)	($	490	)	($	1,627	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		3.62	%		3.75	%		3.08	%		2.38	%		7.50	%
Commercial		4.08	%		4.17	%		2.81	%		2.08	%		10.70	%
Consumer		2.97	%		3.13	%		3.48	%		2.82	%		2.40	%

Net charge-offs were $708 million in the fourth quarter of 2009, or 362 bps of average loans on an annualized basis. Third quarter net charge-offs were $756 million, or 375 bps of average loans on an annualized basis. Loss experience overall continues to be disproportionately affected by commercial and residential real estate loans in Michigan and Florida. In aggregate, Florida and Michigan represented approximately 53 percent of total losses during the quarter and 27 percent of total loans and leases.

9

Commercial net charge-offs were $468 million, or 408 bps, in the fourth quarter of 2009, a decrease of $32 million from the third quarter of 2009, which included $95 million of losses on shared national credits. Within the commercial portfolio, C&I losses were $183 million, a decrease of $73 million from the previous quarter. Losses on loans to companies in real estate-related industries were $71 million, an increase of $31 million from the previous quarter. Commercial mortgage net losses totaled $142 million, an increase of $24 million from the previous quarter. Michigan and Florida accounted for 56 percent of commercial mortgage losses. Commercial construction net losses were $135 million, an increase of $9 million from the previous quarter. Michigan and Florida accounted for 61 percent of total commercial construction losses. Across all commercial portfolios, net losses on residential builder and developer portfolio loans totaled $110 million, compared with $108 million in the third quarter. These homebuilder losses included $58 million on commercial construction loans, $39 million on commercial mortgage loans, and $13 million on C&I loans. Originations of homebuilder/developer loans were suspended in 2007 and the remaining portfolio balance totals $1.6 billion.

Consumer net charge-offs of $240 million, or 297 bps, declined $16 million from the third quarter of 2009. Michigan and Florida represented 47 percent of third quarter home equity losses and 29 percent of total home equity loans. Net charge-offs within the residential mortgage portfolio were $78 million, a decrease of $14 million from the previous quarter, with losses in Michigan and Florida representing 73 percent of losses in the fourth quarter and approximately 42 percent of total residential mortgage loans. Home equity net charge-offs of $82 million increased $2 million sequentially. Net losses on brokered home equity loans were $34 million, up $4 million sequentially, and represented 42 percent of fourth quarter home equity losses. Brokered home equity loans represented $1.9 billion, or 16 percent, of the total home equity portfolio with originations being discontinued in 2007. Net charge-offs in the auto portfolio decreased by $2 million from the third quarter of 2009 to $32 million reflecting improved values on used cars sold at auction. Net losses on consumer credit card loans were $44 million, a $1 million decrease from the previous quarter, as higher unemployment and weakened economic conditions continue to affect the credit card portfolio.

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	3,681		$	3,485		$	3,070		$	2,787		$	2,058
Total net losses charged off		(708	)		(756	)		(626	)		(490	)		(1,627	)
Provision for loan and lease losses		776			952			1,041			773			2,356
Allowance for loan and lease losses, ending		3,749			3,681			3,485			3,070			2,787
Reserve for unfunded commitments, beginning		284			239			231			195			132
Provision for unfunded commitments		10			45			8			36			63
Reserve for unfunded commitments, ending		294			284			239			231			195
Components of allowance for credit losses:
Allowance for loan and lease losses		3,749			3,681			3,485			3,070			2,787
Reserve for unfunded commitments		294			284			239			231			195
Total allowance for credit losses	$	4,043		$	3,965		$	3,724		$	3,301		$	2,982
Allowance for loan and lease losses ratio
As a percent of loans and leases		4.88	%		4.69	%		4.28	%		3.72	%		3.31	%
As a percent of nonperforming loans and leases (a) (b)		127	%		125	%		135	%		128	%		157	%
As a percent of nonperforming assets (a) (b)		116	%		114	%		123	%		116	%		139	%

(a) Excludes non accrual loans and leases in loans held for sale

(b) During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured terms. For comparability purposes, prior periods were adjusted to reflect this reclassification.

10

Provision for loan and lease losses totaled $776 million in the fourth quarter of 2009, exceeding net charge-offs by $68 million. The allowance for loan and lease losses represented 4.88 percent of total loans and leases outstanding as of quarter end, compared with 4.69 percent last quarter, and represented 127 percent of nonperforming loans and leases and 132 percent of fourth quarter annualized net charge-offs.

	As of
	December 2009			September 2009			June 2009			March 2009			December 2008
Nonperforming Assets and Delinquent Loans ($ in millions)
Nonaccrual portfolio loans and leases:
Commercial loans	$	734		$	752		$	603		$	667		$	541
Commercial mortgage loans		898			912			760			692			482
Commercial construction loans		646			697			684			551			362
Commercial leases		67			51			51			27			21
Residential mortgage loans		275			267			262			265			259
Home equity		21			24			26			25			26
Automobile loans		1			1			1			2			5
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual loans and leases	$	2,642		$	2,704		$	2,387		$	2,229		$	1,696
Restructured loans and leases - commercial (non accrual) (a)		47			18			12			—			—
Restructured loans and leases - consumer (non accrual) (a)		258			225			188			167			(67	)
Total nonperforming loans and leases	$	2,947		$	2,947		$	2,587		$	2,396		$	1,629
Repossessed personal property		22			22			21			25			24
Other real estate owned (b)		275			251			232			227			206
Total nonperforming assets (c)	$	3,244		$	3,220		$	2,840		$	2,648		$	1,859
Nonaccrual loans held for sale		220			286			352			403			473
Restructured loans - commercial (non accrual) held for sale		4			2			—			—			—
Total nonperforming assets including loans held for sale	$	3,468		$	3,508		$	3,192		$	3,051		$	2,332
Restructured Consumer loans and leases (accrual) (a)	$	1,392		$	1,280		$	1,074		$	615			494
Restructured Commercial loans and leases (accrual) (a)	$	68			—			—			—			—
Total loans and leases 90 days past due	$	567		$	992		$	762		$	733		$	662
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (c)		3.82	%		3.75	%		3.17	%		2.89	%		2.11	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (c)		4.21	%		4.09	%		3.48	%		3.20	%		2.38	%

(a) During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured terms. For comparability purposes, prior periods were adjusted to reflect this reclassification.

(b) Excludes government insured advances.

(c) Does not include non accrual loans held-for-sale.

Nonperforming assets (NPAs) at quarter end were $3.2 billion or 4.21 percent of total loans, leases and OREO, and increased $24 million, or 1 percent from the previous quarter. Including $224 million of nonaccrual loans classified as held-for-sale, total NPAs were $3.5 billion and were down $40 million, or 1 percent compared with the third quarter. In aggregate, Florida and Michigan represented approximately 44 percent of NPAs in the loan portfolio. Total NPAs are currently carried at approximately 59 percent of their original face value through the process of taking charge-offs, purchase accounting marks, and specific reserves recorded through the fourth quarter.

Commercial NPAs at quarter-end were $2.5 billion, or 5.67 percent, and declined $20 million, or 1 percent, from the third quarter of 2009. C&I portfolio NPAs of $781 million declined $9 million from the previous quarter. Commercial construction portfolio NPAs were $707 million, a decline of $44 million from the third quarter of 2009. Commercial mortgage NPAs were $985 million, a sequential increase of $16 million. Commercial real estate loans in Michigan and Florida represented 37 percent of our total commercial real estate portfolio in the fourth quarter 2009 and 45 percent of commercial real estate NPAs. Across the entire commercial loan portfolio, residential real estate builder and developer portfolio NPAs were down $52 million

11

from the third quarter to $548 million, of which $279 million were commercial construction NPAs, $240 million were commercial mortgage NPAs and $29 million were C&I NPAs.

At quarter-end, $224 million of commercial nonaccrual loans were held-for-sale, compared with $288 million at the end of the third quarter. During the fourth quarter, we recorded a net gain of $4 million on $61 million of loans that were sold or settled, and we transferred $3 million of loans to OREO. These loans continue to be carried at the lower of cost or market, currently recorded at 33 percent of the original balance.

Consumer NPAs of $704 million, or 2.20 percent, increased $44 million, or 7 percent, from the third quarter of 2009. Of consumer NPAs, $594 million were in residential real estate portfolios. Residential mortgage NPAs were $523 million, up $38 million from the previous quarter. Home equity NPAs decreased $1 million from last quarter to $71 million. Residential real estate loans in Michigan and Florida represented 59 percent of total residential real estate NPAs and 34 percent of total residential real estate loans. Consumer nonaccrual troubled debt restructurings (TDRs) were $258 million, compared with $225 million last quarter.

Fourth quarter OREO balances were $275 million compared with OREO balances of $251 million in the third quarter of 2009, and included $111 million in residential mortgage assets, $16 million in home equity assets, and $148 million in commercial real estate assets. Repossessed personal property of $22 million largely consisted of autos.

Loans still accruing over 90 days past due were $567 million, down $425 million from the third quarter of 2009. Commercial 90 days past due balances declined $414 million to $198 million in the fourth quarter of 2009. Consumer 90 days past due balances of $369 million declined by $12 million from the previous quarter, largely driven by a $10 million reduction in residential mortgage balances. Loans 30-89 days past due of $895 million declined $298 million from the third quarter. Commercial 30-89 days past due balances were down $318 million sequentially and consumer 30-89 days past due were up $20 million from the third quarter reflecting seasonality.

12

Capital Position

	For the Three Months Ended
	December 2009		September 2009		June 2009		March 2009		December 2008
Capital Position
Average shareholders’ equity to average assets	12.31	%	12.24	%	10.78	%	10.18	%	8.65	%
Tangible equity (a)	9.71	%	10.08	%	9.72	%	7.89	%	7.86	%
Tangible common equity (excluding unrealized gains/losses) (a)	6.45	%	6.74	%	6.55	%	4.23	%	4.23	%
Tangible common equity (including unrealized gains/losses) (a)	6.64	%	6.98	%	6.67	%	4.35	%	4.31	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)	7.06	%	7.07	%	6.96	%	4.51	%	4.39	%
Regulatory capital ratios: (c)
Tier I capital	13.31	%	13.19	%	12.90	%	10.93	%	10.59	%
Total risk-based capital	17.48	%	17.43	%	16.96	%	15.13	%	14.78	%
Tier I leverage	12.43	%	12.34	%	12.17	%	10.29	%	10.27	%
Tier I common equity	7.00	%	7.01	%	6.94	%	4.50	%	4.37	%
Book value per share	12.44		12.69		12.71		13.61		13.57
Tangible book value per share (a)	9.26		9.50		9.51		8.79		8.74

(a) The tangible equity ratio, tangible common equity ratios and tangible book value per share ratio, while not required by accounting principles generally accepted in the United States of America (GAAP), are considered to be critical metrics with which to analyze banks. The ratios have been included herein to facilitate a greater understanding of the Bancorp’s capital structure and financial condition. See the Regulation G Non-GAAP Reconciliation table for a reconciliation of these ratios to GAAP.

(b) Under the banking agencies risk-based capital guidelines, assets and credit equivalent amounts of derivatives and off-balance sheet exposures are assigned to broad risk categories. The aggregate dollar amount in each risk category is multiplied by the associated risk weight of the category. The resulting weighted values are added together resulting in the Bancorp’s total risk weighted assets.

(c) Current period regulatory capital data ratios are estimated.

Compared with the prior quarter, the Tier 1 common equity ratio decreased 1 bp to 7.00 percent, the Tier 1 capital ratio increased 12 bps to 13.31 percent, and the total capital ratio increased 5 bps to 17.48 percent. The tangible common equity to tangible assets ratio decreased 29 bps to 6.45 percent, reflecting the addition of low risk-weighted investment securities. Book value per share at December 31, 2009 was $12.44 and tangible book value per share was $9.26, compared with September 30, 2009 book value per share of $12.69 and tangible book value per share of $9.50.

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 will be available beginning approximately two hours after the conference call until Thursday, February 4^th by dialing 800-642-1687 for domestic access and 706-645-9291 for international access (passcode 48111121#).

13

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of December 31, 2009, the Company has $113 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 103 Bank Mart^® locations open seven days a week inside select grocery stores and 2,358 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2009, has $187 billion in assets under care, of which it managed $25 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 news release contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K and our most recent quarterly report on Form 10-Q. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us.

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 nationally 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) maintaining capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third (10) competitive pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies; (13) 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; (14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties in separating Fifth Third Processing Solutions from Fifth Third; (21) loss of income from any sale or potential sale of businesses that could have an adverse effect on Fifth Third’s earnings and future growth;(22) ability to secure confidential information through the use of computer systems and telecommunications networks; and (23) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity.

You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements.

# # #

14

Quarterly Financial Review for December 31, 2009

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
Regulation G Non-GAAP Reconciliation	30
Segment Presentation	31

15

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended									% Change				Year to Date						% Change
	December 2009			September 2009			December 2008			Seq		Yr/Yr		December 2009			December 2008			Yr/Yr
Income Statement Data
Net interest income (a)	$	882		$	874		$	897		1	%	(2	%)	$	3,373		$	3,536		(5	%)
Noninterest income		651			851			642		(23	%)	1	%		4,782			2,946		62	%
Total revenue (a)		1,533			1,725			1,539		(11	%)	—			8,155			6,482		26	%
Provision for loan and lease losses		776			952			2,356		(18	%)	(67	%)		3,543			4,560		(22	%)
Noninterest expense		967			876			2,022		10	%	(52	%)		3,826			4,564		(16	%)
Net income (loss)		(98	)		(97	)		(2,142	)	1	%	(95	%)		737			(2,113	)	NM
Net income (loss) available to common shareholders		(160	)		(159	)		(2,184	)	1	%	(93	%)		511			(2,180	)	NM
Common Share Data
Earnings per share, basic	($	0.20	)	($	0.20	)	($	3.78	)	—		(95	%)	$	0.73		($	3.91	)	NM
Earnings per share, diluted		(0.20	)		(0.20	)		(3.78	)	—		(95	%)		0.67			(3.91	)	NM
Cash dividends per common share		0.01			0.01			0.01		—		—			0.04			0.75		(95	%)
Book value per share		12.44			12.69			13.57		(2	%)	(8	%)		12.44			13.57		(8	%)
Market price per share		9.75			10.13			8.26		(4	%)	18	%		9.75			8.26		18	%
Common shares outstanding (in thousands)		795,068			795,316			577,387		—		38	%		795,068			577,387		38	%
Average common shares outstanding (in thousands):
Basic		790,442			790,334			571,809		—		38	%		696,452			553,113		26	%
Diluted		790,442			790,334			571,809		—		38	%		726,508			553,113		31	%
Market capitalization	$	7,752		$	8,057		$	4,769		(4	%)	63	%	$	7,752		$	4,769		63	%
Financial Ratios
Return on assets		(0.35	%)		(0.34	%)		(7.16	%)	3	%	(95	%)		0.64	%		(1.85	%)	NM
Return on average common equity		(6.3	%)		(6.1	%)		(94.6	%)	3	%	(93	%)		5.6	%		(23.0	%)	NM
Noninterest income as a percent of total revenue		42	%		49	%		42	%	(14	%)	—			59	%		45	%	31	%
Average equity as a percent of average assets		12.31	%		12.24	%		8.65	%	1	%	42	%		11.36	%		8.78	%	29	%
Tangible equity (b) (d)		9.71	%		10.08	%		7.86	%	(4	%)	24	%		9.71	%		7.86	%	24	%
Tangible common equity (c) (d)		6.45	%		6.74	%		4.23	%	(4	%)	52	%		6.45	%		4.23	%	52	%
Net interest margin (a)		3.55	%		3.43	%		3.46	%	3	%	3	%		3.32	%		3.54	%	(6	%)
Efficiency (a)		63.1	%		50.8	%		131.3	%	24	%	(52	%)		46.9	%		70.4	%	(33	%)
Effective tax rate		54.4	%		10.2	%		(24.7	%)	433	%	NM			3.9	%		20.7	%	(81	%)
Credit Quality
Net losses charged off	$	708		$	756		$	1,627		(6	%)	(56	%)	$	2,581		$	2,710		(5	%)
Net losses charged off as a percent of average loans and leases		3.62	%		3.75	%		7.50	%	(3	%)	(52	%)		3.20	%		3.23	%	(1	%)
Allowance for loan and lease losses as a percent of loans and leases		4.88	%		4.69	%		3.31	%	4	%	47	%		4.88	%		3.31	%	47	%
Allowance for credit losses as a percent of loans and leases		5.27	%		5.06	%		3.54	%	4	%	49	%		5.27	%		3.54	%	49	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		4.22	%		4.09	%		2.38	%	3	%	77	%		4.22	%		2.38	%	77	%
Average Balances
Loans and leases, including held for sale	$	79,920		$	82,888		$	87,426		(4	%)	(9	%)	$	83,391		$	85,835		(3	%)
Total securities and other short-term investments		18,869			18,065			15,683		4	%	20	%		18,135			14,045		29	%
Total assets		111,505			113,453			118,953		(2	%)	(6	%)		114,856			114,296		—
Transaction deposits (f)		58,796			55,607			51,119		6	%	15	%		55,235			52,680		5	%
Core deposits (g)		71,845			69,871			64,456		3	%	11	%		69,338			63,815		9	%
Wholesale funding (h)		22,107			25,947			39,586		(15	%)	(44	%)		28,539			36,261		(21	%)
Shareholders’ equity		13,724			13,885			10,291		(1	%)	33	%		13,053			10,038		30	%
Regulatory Capital Ratios (i)
Tier I capital		13.31	%		13.19	%		10.59	%	1	%	26	%		13.31	%		10.59	%	26	%
Total risk-based capital		17.48	%		17.43	%		14.78	%	—		18	%		17.48	%		14.78	%	18	%
Tier I leverage		12.43	%		12.34	%		10.27	%	1	%	21	%		12.43	%		10.27	%	21	%
Tier I common equity		7.00	%		7.01	%		4.37	%	—		60	%		7.00	%		4.37	%	60	%
Operations
Banking centers		1,309			1,306			1,307		—		—			1,309			1,307		—
ATMs		2,358			2,372			2,341		(1	%)	1	%		2,358			2,341		1	%
Full-time equivalent employees		20,998			20,559			21,476		2	%	(2	%)		20,998			21,476		(2	%)

(a) Presented on a fully taxable equivalent basis

(b) The tangible equity ratio is calculated as tangible equity (shareholders’ equity less goodwill, intangible assets and accumulated other comprehensive income) divided by tangible assets (total assets less goodwill, intangible assets and tax effected accumulated other comprehensive income.)

(c) The tangible common equity ratio is calculated as tangible common equity (shareholders’ equity less preferred stock, goodwill intangible assets and accumulated other comprehensive income) divided by tangible assets (defined above.)

(d) The tangible equity and tangible common equity ratios, while not required by GAAP, are considered to be critical metrics with which to analyze banks. The ratios have been included herein to facilitate a greater understanding of the Bancorp’s capital structure and financial condition.

(e) Excludes nonaccrual loans held for sale

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

(g) Includes transaction deposits plus other time deposits

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

(i) Current period regulatory capital ratios are estimates

16

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Income Statement Data
Net interest income (a)	$	882		$	874		$	836		$	781		$	897
Noninterest income		651			851			2,583			697			642
Total revenue (a)		1,533			1,725			3,419			1,478			1,539
Provision for loan and lease losses		776			952			1,041			773			2,356
Noninterest expense		967			876			1,021			962			2,022
Net income (loss)		(98	)		(97	)		882			50			(2,142	)
Net income (loss) available to common shareholders		(160	)		(159	)		856			(26	)		(2,184	)
Common Share Data
Earnings per share, basic	($	0.20	)	($	0.20	)	$	1.35		($	0.04	)	($	3.78	)
Earnings per share, diluted		(0.20	)		(0.20	)		1.15			(0.04	)		(3.78	)
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01
Book value per share		12.44			12.69			12.71			13.61			13.57
Market price per share		9.75			10.13			7.10			2.92			8.26
Common shares outstanding (in thousands)		795,068			795,316			795,313			576,936			577,387
Average common shares outstanding (in thousands):
Basic		790,442			790,334			629,789			571,810			571,809
Diluted		790,442			790,334			718,245			571,810			571,809
Market capitalization	$	7,752		$	8,057		$	5,647		$	1,685		$	4,769
Financial Ratios
Return on assets		(0.35	%)		(0.34	%)		3.05	%		0.17	%		(7.16	%)
Return on average common equity		(6.3	%)		(6.1	%)		41.2	%		(1.4	%)		(94.6	%)
Noninterest income as a percent of total revenue		42	%		49	%		76	%		47	%		42	%
Average equity as a percent of average assets		12.31	%		12.24	%		10.78	%		10.18	%		8.65	%
Tangible equity (b) (d)		9.71	%		10.08	%		9.72	%		7.89	%		7.86	%
Tangible common equity (c) (d)		6.45	%		6.74	%		6.55	%		4.23	%		4.23	%
Net interest margin (a)		3.55	%		3.43	%		3.26	%		3.06	%		3.46	%
Efficiency (a)		63.1	%		50.8	%		29.9	%		65.1	%		131.3	%
Effective tax rate		54.4	%		10.2	%		34.7	%		(119.0	%)		(24.7	%)
Credit Quality
Net losses charged off	$	708		$	756		$	626		$	490		$	1,627
Net losses charged off as a percent of average loans and leases		3.62	%		3.75	%		3.08	%		2.38	%		7.50	%
Allowance for loan and lease losses as a percent of loans and leases		4.88	%		4.69	%		4.28	%		3.72	%		3.31	%
Allowance for credit losses as a percent of loans and leases		5.27	%		5.06	%		4.57	%		4.00	%		3.54	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		4.22	%		4.09	%		3.48	%		3.20	%		2.38	%
Average Balances
Loans and leases, including held for sale	$	79,920		$	82,888		$	84,996		$	85,829		$	87,426
Total securities and other short-term investments		18,869			18,065			17,762			17,835			15,683
Total assets		111,505			113,453			115,878			118,681			118,953
Transaction deposits (f)		58,796			55,607			54,115			52,347			51,119
Core deposits (g)		71,845			69,871			68,727			66,848			64,456
Wholesale funding (h)		22,107			25,947			31,369			34,902			39,586
Shareholders’ equity		13,724			13,885			12,490			12,084			10,291
Regulatory Capital Ratios (i)
Tier I capital		13.31	%		13.19	%		12.90	%		10.93	%		10.59	%
Total risk-based capital		17.48	%		17.43	%		16.96	%		15.13	%		14.78	%
Tier I leverage		12.43	%		12.34	%		12.17	%		10.29	%		10.27	%
Tier I common equity		7.00	%		7.01	%		6.94	%		4.50	%		4.37	%
Operations
Banking centers		1,309			1,306			1,306			1,311			1,307
ATMs		2,358			2,372			2,355			2,354			2,341
Full-time equivalent employees		20,998			20,559			20,702			20,618			21,476

(a) Presented on a fully taxable equivalent basis

(b) The tangible equity ratio is calculated as tangible equity (shareholders’ equity less goodwill, intangible assets and accumulated other comprehensive income) divided by tangible assets (total assets less goodwill, intangible assets and tax effected accumulated other comprehensive income.)

(c) The tangible common equity ratio is calculated as tangible common equity (shareholders’ equity less preferred stock, goodwill intangible assets and accumulated other comprehensive income) divided by tangible assets (defined above.)

(d) The tangible equity and tangible common equity ratios, while not required by GAAP, are considered to be critical metrics with which to analyze banks. The ratios have been included herein to facilitate a greater understanding of the Bancorp’s capital structure and financial condition.

(e) Excludes nonaccrual loans held for sale

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

(g) Includes transaction deposits plus other time deposits

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

(i) Current period regulatory capital ratios are estimates

17

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income

$ in millions

(unaudited)

	For the Three Months Ended									% Change				Year to Date						% Change
	December 2009			September 2009			December 2008			Seq		Yr/Yr		December 2009			December 2008			Yr/Yr
Interest Income
Interest and fees on loans and leases	$	957		$	986		$	1,218		(3	%)	(21	%)	$	3,934		$	4,935		(20	%)
Interest on securities		186			183			187		2	%	(1	%)		733			660		11	%
Interest on other short-term investments		—			—			1		11	%	(76	%)		1			13		(89	%)
Total interest income		1,143			1,169			1,406		(2	%)	(19	%)		4,668			5,608		(17	%)
Interest Expense
Interest on deposits		194			228			322		(15	%)	(40	%)		953			1,289		(26	%)
Interest on short-term borrowings		2			4			55		(63	%)	(97	%)		43			248		(83	%)
Interest on long-term debt		69			68			137		—		(50	%)		318			557		(43	%)
Total interest expense		265			300			514		(12	%)	(48	%)		1,314			2,094		(37	%)
Net Interest Income		878			869			892		1	%	(2	%)		3,354			3,514		(5	%)
Provision for loan and lease losses		776			952			2,356		(18	%)	(67	%)		3,543			4,560		(22	%)
Net interest income (loss) after provision for loan and lease losses		102			(83	)		(1,464	)	NM		NM			(189	)		(1,046	)	(82	%)
Noninterest Income
Service charges on deposits		159			164			162		(3	%)	(2	%)		632			641		(1	%)
Corporate banking revenue		98			86			121		15	%	(19	%)		399			444		(10	%)
Mortgage banking net revenue		132			140			(29	)	(6	%)	NM			553			199		178	%
Investment advisory revenue		77			74			78		4	%	(2	%)		299			353		(15	%)
Card and processing revenue		76			74			230		3	%	(67	%)		615			912		(33	%)
Gain on sale of processing business		—			(6	)		—		100	%	NM			1,758			—		NM
Other noninterest income		107			311			24		(66	%)	349	%		479			363		32	%
Securities gains (losses), net		2			8			(40	)	(75	%)	NM			(10	)		(86	)	(88	%)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			96		NM		(100	%)		57			120		(52	%)
Total noninterest income		651			851			642		(23	%)	1	%		4,782			2,946		62	%
Noninterest Expense
Salaries, wages and incentives		331			335			337		(1	%)	(2	%)		1,339			1,337		—
Employee benefits		69			83			61		(16	%)	13	%		311			278		12	%
Net occupancy expense		75			75			77		1	%	(3	%)		308			300		3	%
Technology and communications		47			43			48		9	%	(2	%)		181			191		(5	%)
Equipment expense		31			30			35		4	%	(11	%)		123			130		(5	%)
Card and processing expense		27			25			70		5	%	(62	%)		193			274		(29	%)
Other noninterest expense		387			285			1,394		36	%	(72	%)		1,371			2,054		(33	%)
Total noninterest expense		967			876			2,022		10	%	(52	%)		3,826			4,564		(16	%)
Income (loss) before income taxes		(214	)		(108	)		(2,844	)	99	%	(92	%)		767			(2,664	)	NM
Applicable income taxes		(116	)		(11	)		(702	)	955	%	(83	%)		30			(551	)	NM
Net income (loss)		(98	)		(97	)		(2,142	)	1	%	(95	%)		737			(2,113	)	NM
Dividends on preferred stock		62			62			42		—		48	%		226			67		237	%
Net income (loss) available to common shareholders	($	160	)	($	159	)	($	2,184	)	1	%	(93	%)	$	511		($	2,180	)	NM

18

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Interest Income
Interest and fees on loans and leases	$	957		$	986		$	995		$	997		$	1,218
Interest on securities		186			183			184			180			187
Interest on other short-term investments		—			—			—			1			1
Total interest income		1,143			1,169			1,179			1,178			1,406
Taxable equivalent adjustment		4			5			5			5			5
Total interest income (taxable equivalent)		1,147			1,174			1,184			1,183			1,411
Interest Expense
Interest on deposits		194			228			258			274			322
Interest on short-term borrowings		2			4			12			24			55
Interest on long-term debt		69			68			78			104			137
Total interest expense		265			300			348			402			514
Net interest income (taxable equivalent)		882			874			836			781			897
Provision for loan and lease losses		776			952			1,041			773			2,356
Net interest income (loss) (taxable equivalent) after provision for loan and lease losses		106			(78	)		(205	)		8			(1,459	)
Noninterest Income
Service charges on deposits		159			164			162			146			162
Corporate banking revenue		98			86			99			116			121
Mortgage banking net revenue		132			140			147			134			(29	)
Investment advisory revenue		77			74			73			76			78
Card and processing revenue		76			74			243			223			230
Gain on sale of FTPS joint venture		—			(6	)		1,764			—			—
Other noninterest income		107			311			49			10			24
Securities gains (losses), net		2			8			5			(24	)		(40	)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			41			16			96
Total noninterest income		651			851			2,583			697			642
Noninterest Expense
Salaries, wages and incentives		331			335			346			327			337
Employee benefits		69			83			75			83			61
Net occupancy expense		75			75			79			79			77
Technology and communications		47			43			45			45			48
Equipment expense		31			30			31			31			35
Card and processing expense		27			25			75			67			70
Other noninterest expense		387			285			370			330			1,394
Total noninterest expense		967			876			1,021			962			2,022
Income (loss) before income taxes (taxable equivalent)		(210	)		(103	)		1,357			(257	)		(2,839	)
Taxable equivalent adjustment		4			5			5			5			5
Income (loss) before income taxes		(214	)		(108	)		1,352			(262	)		(2,844	)
Applicable income taxes		(116	)		(11	)		470			(312	)		(702	)
Net income (loss)		(98	)		(97	)		882			50			(2,142	)
Dividends on preferred stock		62			62			26			76			42
Net income (loss) available to common shareholders	($	160	)	($	159	)	$	856		($	26	)	($	2,184	)

19

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	December 2009			September 2009			December 2008			Seq		Yr/Yr
Assets
Cash and due from banks	$	2,318		$	2,130		$	2,739		9	%	(15	%)
Available-for-sale and other securities (a)		18,213			15,682			12,728		16	%	43	%
Held-to-maturity securities (b)		355			356			360		—		(1	%)
Trading securities		355			1,079			1,191		(67	%)	(70	%)
Other short-term investments		3,369			1,126			3,578		199	%	(6	%)
Loans held for sale		2,067			2,063			1,452		—		42	%
Portfolio loans and leases:
Commercial loans		25,683			26,175			29,197		(2	%)	(12	%)
Commercial mortgage loans		11,803			12,105			12,502		(3	%)	(6	%)
Commercial construction loans		3,784			4,147			5,114		(9	%)	(26	%)
Commercial leases		3,535			3,584			3,685		(1	%)	(4	%)
Residential mortgage loans		8,035			8,229			9,385		(2	%)	(14	%)
Home equity		12,174			12,377			12,752		(2	%)	(5	%)
Automobile loans		8,995			8,972			8,594		—		5	%
Credit card		1,990			1,973			1,811		1	%	10	%
Other consumer loans and leases		780			857			1,103		(9	%)	(29	%)
Portfolio loans and leases		76,779			78,419			84,143		(2	%)	(9	%)
Allowance for loan and lease losses		(3,749	)		(3,681	)		(2,787	)	2	%	35	%
Portfolio loans and leases, net		73,030			74,738			81,356		(2	%)	(10	%)
Bank premises and equipment		2,400			2,426			2,494		(1	%)	(4	%)
Operating lease equipment		499			486			463		3	%	8	%
Goodwill		2,417			2,417			2,624		—		(8	%)
Intangible assets		106			119			168		(11	%)	(37	%)
Servicing rights		700			626			499		12	%	40	%
Other assets		7,551			7,492			10,112		1	%	(25	%)
Total assets	$	113,380		$	110,740		$	119,764		2	%	(5	%)
Liabilities
Deposits:
Demand	$	19,411		$	17,666		$	15,268		10	%	27	%
Interest checking		19,935			15,168			14,222		31	%	40	%
Savings		17,898			17,098			16,063		5	%	11	%
Money market		4,431			4,378			4,689		1	%	(5	%)
Foreign office		2,454			2,356			2,144		4	%	14	%
Other time		12,466			13,725			14,350		(9	%)	(13	%)
Certificates - $100,000 and over		7,700			8,962			11,851		(14	%)	(35	%)
Other		10			5			26		119	%	(61	%)
Total deposits		84,305			79,358			78,613		6	%	7	%
Federal funds purchased		182			433			287		(58	%)	(36	%)
Other short-term borrowings		1,415			3,674			9,959		(61	%)	(86	%)
Accrued taxes, interest and expenses		773			878			2,029		(12	%)	(62	%)
Other liabilities		2,701			2,547			3,214		6	%	(16	%)
Long-term debt		10,507			10,162			13,585		3	%	(23	%)
Total liabilities		99,883			97,052			107,687		3	%	(7	%)
Shareholders’ equity
Common stock		1,779			1,779			1,295		—		37	%
Preferred stock		3,609			3,599			4,241		—		(15	%)
Capital surplus		1,743			1,729			848		1	%	106	%
Retained earnings		6,326			6,496			5,824		(3	%)	9	%
Accumulated other comprehensive income (loss)		241			285			98		(15	%)	146	%
Treasury stock		(201	)		(200	)		(229	)	1	%	(12	%)
Total shareholders’ equity (c)		13,497			13,688			12,077		(1	%)	12	%
Total liabilities and shareholders’ equity	$	113,380		$	110,740		$	119,764		2	%	(5	%)
(a) Amortized cost	$	17,879		$	15,260		$	12,550		17	%	42	%
(b) Market values		355			356			360		—		(1	%)
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			2,000,000			2,000,000		—		—
Outstanding, excluding treasury		795,068			795,316			577,387		—		38	%
Treasury		6,436			6,188			(809	)	4	%	NM

20

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	December 2009			September 2009			June 2009			March 2009			December 2008
Assets
Cash and due from banks	$	2,318		$	2,130		$	2,899		$	2,491		$	2,739
Available-for-sale and other securities (a)		18,213			15,682			16,061			16,916			12,728
Held-to-maturity securities (b)		355			356			357			358			360
Trading securities		355			1,079			1,354			1,407			1,191
Other short-term investments		3,369			1,126			513			1,587			3,578
Loans held for sale		2,067			2,063			3,341			2,602			1,452
Portfolio loans and leases:
Commercial loans		25,683			26,175			28,409			28,617			29,197
Commercial mortgage loans		11,803			12,105			12,407			12,560			12,502
Commercial construction loans		3,784			4,147			4,491			4,745			5,114
Commercial leases		3,535			3,584			3,497			3,521			3,685
Residential mortgage loans		8,035			8,229			8,489			8,875			9,385
Home equity		12,174			12,377			12,511			12,710			12,752
Automobile loans		8,995			8,972			8,741			8,688			8,594
Credit card		1,990			1,973			1,914			1,816			1,811
Other consumer loans and leases		780			857			970			1,037			1,103
Portfolio loans and leases		76,779			78,419			81,429			82,569			84,143
Allowance for loan and lease losses		(3,749	)		(3,681	)		(3,485	)		(3,070	)		(2,787	)
Portfolio loans and leases, net		73,030			74,738			77,944			79,499			81,356
Bank premises and equipment		2,400			2,426			2,440			2,490			2,494
Operating lease equipment		499			486			474			470			463
Goodwill		2,417			2,417			2,417			2,623			2,624
Intangible assets		106			119			133			154			168
Servicing rights		700			626			595			481			499
Other assets		7,551			7,492			7,456			8,235			10,112
Total assets	$	113,380		$	110,740		$	115,984		$	119,313		$	119,764
Liabilities
Deposits:
Demand	$	19,411		$	17,666		$	17,237		$	16,370		$	15,268
Interest checking		19,935			15,168			14,630			14,510			14,222
Savings		17,898			17,098			16,819			16,517			16,063
Money market		4,431			4,378			4,193			4,353			4,689
Foreign office		2,454			2,356			2,244			1,671			2,144
Other time		12,466			13,725			14,540			14,571			14,350
Certificates - $100,000 and over		7,700			8,962			10,688			11,784			11,851
Other		10			5			469			6			26
Total deposits		84,305			79,358			80,820			79,782			78,613
Federal funds purchased		182			433			435			363			287
Other short-term borrowings		1,415			3,674			6,802			11,076			9,959
Accrued taxes, interest and expenses		773			878			959			904			2,029
Other liabilities		2,701			2,547			3,166			2,908			3,214
Long-term debt		10,507			10,162			10,102			12,178			13,585
Total liabilities		99,883			97,052			102,284			107,211			107,687
Shareholders’ equity
Common stock		1,779			1,779			1,779			1,295			1,295
Preferred stock		3,609			3,599			3,588			4,252			4,241
Capital surplus		1,743			1,729			1,722			841			848
Retained earnings		6,326			6,496			6,663			5,792			5,824
Accumulated other comprehensive income (loss)		241			285			152			151			98
Treasury stock		(201	)		(200	)		(204	)		(229	)		(229	)
Total shareholders’ equity (c)		13,497			13,688			13,700			12,102			12,077
Total liabilities and shareholders’ equity	$	113,380		$	110,740		$	115,984		$	119,313		$	119,764
(a) Amortized cost	$	17,879		$	15,260		$	15,820		$	16,642		$	12,550
(b) Market values		355			356			357			358			360
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			2,000,000			2,000,000			2,000,000			2,000,000
Outstanding, excluding treasury		795,068			795,316			795,313			576,936			577,387
Treasury		6,436			6,188			6,191			6,491			(809	)

21

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

$ in millions

(unaudited)

	For the Three Months Ended						Year to Date
	December 2009			December 2008			December 2009			December 2008
Total shareholders’ equity, beginning	$	13,688		$	10,696		$	12,077		$	9,161
Net income (loss)		(98	)		(2,142	)		737			(2,113	)
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		(58	)		163			100			209
Qualifying cash flow hedges		(3	)		47			18			63
Change in accumulated other comprehensive income related to employee benefit plans		17			(52	)		25			(49	)
Comprehensive income		(142	)		(1,984	)		880			(1,890	)
Cash dividends declared:
Common stock		(8	)		(6	)		(29	)		(413	)
Preferred stock		(51	)		(23	)		(220	)		(48	)
Issuance of common stock		—			—			986			—
Dividends on (redemption) / exchange of preferred stock		—			(19	)		35			(19	)
Retirement of preferred stock		—			(9	)		—			(9	)
Issuance of preferred stock, Series G		—			—			—			1,072
Exchange of preferred stock, Series G		—			—			(269	)		—
Issuance of preferred stock, Series F		—			3,408			—			3,408
Stock-based compensation expense		9			14			45			57
Loans repaid (issued) related to exercise of stock-based awards, net		—			1			—			4
Change in corporate tax benefit related to stock-based compensation		—			(1	)		(29	)		(16	)
Shares issued in an acquisition		—			—			—			770
Reversal of OTTI		—			—			24			—
Other		1			—			(3	)		—
Total shareholders’ equity, ending	$	13,497		$	12,077		$	13,497		$	12,077

22

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	December 2009			September 2009			December 2008			Seq		Yr/Yr
Assets
Interest-earning assets:
Commercial loans	$	25,838		$	27,416		$	30,227		(6	%)	(15	%)
Commercial mortgage loans		12,126			12,449			13,194		(3	%)	(8	%)
Commercial construction loans		4,134			4,475			5,990		(8	%)	(31	%)
Commercial leases		3,574			3,522			3,629		1	%	(2	%)
Residential mortgage loans		10,142			10,820			10,327		(6	%)	(2	%)
Home equity		12,291			12,452			12,677		(1	%)	(3	%)
Automobile loans		8,973			8,871			8,428		1	%	6	%
Credit card		1,982			1,955			1,748		1	%	13	%
Other consumer loans and leases		860			928			1,206		(7	%)	(29	%)
Taxable securities		17,521			16,850			14,882		4	%	18	%
Tax exempt securities		205			246			288		(17	%)	(29	%)
Other short-term investments		1,143			969			513		18	%	123	%
Total interest-earning assets		98,789			100,953			103,109		(2	%)	(4	%)
Cash and due from banks		2,276			2,257			2,897		1	%	(21	%)
Other assets		14,084			13,724			15,089		3	%	(7	%)
Allowance for loan and lease losses		(3,644	)		(3,481	)		(2,142	)	5	%	70	%
Total assets	$	111,505		$	113,453		$	118,953		(2	%)	(6	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	16,324		$	14,869		$	13,698		10	%	19	%
Savings		17,540			16,967			15,960		3	%	10	%
Money market		4,279			4,280			4,983		—		(14	%)
Foreign office		2,516			2,432			1,876		3	%	34	%
Other time		13,049			14,264			13,337		(9	%)	(2	%)
Certificates - $100,000 and over		8,200			10,055			12,468		(18	%)	(34	%)
Other		51			95			1,090		(46	%)	(95	%)
Federal funds purchased		423			404			2,016		5	%	(79	%)
Other short-term borrowings		3,029			5,285			10,912		(43	%)	(72	%)
Long-term debt		10,404			10,108			13,100		3	%	(21	%)
Total interest-bearing liabilities		75,815			78,759			89,440		(4	%)	(15	%)
Demand deposits		18,137			17,059			14,602		6	%	24	%
Other liabilities		3,829			3,750			4,620		2	%	(17	%)
Total liabilities		97,781			99,568			108,662		(2	%)	(10	%)
Shareholders’ equity		13,724			13,885			10,291		(1	%)	33	%
Total liabilities and shareholders’ equity	$	111,505		$	113,453		$	118,953		(2	%)	(6	%)
Yield Analysis
Interest-earning assets:
Commercial loans		4.48	%		4.36	%		4.96	%
Commercial mortgage loans		4.19	%		4.22	%		6.10	%
Commercial construction loans		2.65	%		2.74	%		5.32	%
Commercial leases		4.59	%		4.59	%		3.75	%
Residential mortgage loans		5.19	%		5.23	%		6.37	%
Home equity		4.06	%		4.10	%		5.08	%
Automobile loans		6.18	%		6.32	%		6.40	%
Credit card		9.66	%		9.87	%		10.68	%
Other consumer loans and leases		11.59	%		9.59	%		5.70	%
Total loans and leases		4.77	%		4.73	%		5.55	%
Taxable securities		4.17	%		4.24	%		4.91	%
Tax exempt securities		6.06	%		7.05	%		7.41	%
Other short-term investments		0.10	%		0.10	%		0.91	%
Total interest-earning assets		4.61	%		4.61	%		5.44	%
Interest-bearing liabilities:
Interest checking		0.27	%		0.24	%		0.60	%
Savings		0.70	%		0.67	%		1.27	%
Money market		0.51	%		0.55	%		1.29	%
Foreign office		0.36	%		0.43	%		0.95	%
Other time		2.95	%		3.24	%		3.62	%
Certificates - $100,000 and over		2.27	%		2.56	%		3.39	%
Other		0.09	%		0.19	%		0.64	%
Federal funds purchased		0.13	%		0.15	%		0.71	%
Other short-term borrowings		0.20	%		0.32	%		1.87	%
Long-term debt		2.65	%		2.67	%		4.13	%
Total interest-bearing liabilities		1.39	%		1.51	%		2.28	%
Ratios:
Net interest margin (taxable equivalent)		3.55	%		3.43	%		3.46	%
Net interest rate spread (taxable equivalent)		3.22	%		3.10	%		3.16	%
Interest-bearing liabilities to interest-earning assets		76.74	%		78.02	%		86.74	%

23

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	December 2009			December 2008			Yr/Yr
Assets
Interest-earning assets:
Commercial loans	$	27,556		$	28,426		(3	%)
Commercial mortgage loans		12,511			12,776		(2	%)
Commercial construction loans		4,638			5,846		(21	%)
Commercial leases		3,508			3,699		(5	%)
Residential mortgage loans		10,886			10,993		(1	%)
Home equity		12,534			12,269		2	%
Automobile loans		8,807			8,925		(1	%)
Credit card		1,907			1,708		12	%
Other consumer loans and leases		1,044			1,193		(13	%)
Taxable securities		16,861			13,082		29	%
Tax exempt securities		239			342		(30	%)
Other short-term investments		1,035			621		67	%
Total interest-earning assets		101,526			99,880		2	%
Cash and due from banks		2,329			2,490		(6	%)
Other assets		14,266			13,411		6	%
Allowance for loan and lease losses		(3,265	)		(1,485	)	120	%
Total assets	$	114,856		$	114,296		—
Liabilities
Interest-bearing liabilities:
Interest checking	$	15,070		$	14,191		6	%
Savings		16,875			16,192		4	%
Money market		4,320			6,127		(29	%)
Foreign office		2,108			2,153		(2	%)
Other time		14,103			11,135		27	%
Certificates - $100,000 and over		10,367			9,531		9	%
Other		157			2,066		(92	%)
Federal funds purchased		517			2,975		(83	%)
Other short-term borrowings		6,463			7,785		(17	%)
Long-term debt		11,035			13,904		(21	%)
Total interest-bearing liabilities		81,015			86,059		(6	%)
Demand deposits		16,862			14,017		20	%
Other liabilities		3,926			4,182		(6	%)
Total liabilities		101,803			104,258		(2	%)
Shareholders’ equity		13,053			10,038		30	%
Total liabilities and shareholders’ equity	$	114,856		$	114,296		—
Yield Analysis
Interest-earning assets:
Commercial loans		4.22	%		5.35	%
Commercial mortgage loans		4.35	%		6.78	%
Commercial construction loans		2.90	%		5.86	%
Commercial leases		4.24	%		0.49	%
Residential mortgage loans		5.53	%		6.41	%
Home equity		4.15	%		5.71	%
Automobile loans		6.31	%		6.34	%
Credit card		10.10	%		9.77	%
Other consumer loans and leases		8.49	%		5.28	%
Total loans and leases		4.73	%		5.77	%
Taxable securities		4.28	%		4.91	%
Tax exempt securities		7.19	%		7.35	%
Other short-term investments		0.14	%		2.15	%
Total interest-earning assets		4.62	%		5.64	%
Interest-bearing liabilities:
Interest checking		0.26	%		0.91	%
Savings		0.75	%		1.38	%
Money market		0.60	%		1.92	%
Foreign office		0.45	%		1.60	%
Other time		3.33	%		3.69	%
Certificates - $100,000 and over		2.70	%		3.40	%
Other		0.20	%		2.42	%
Federal funds purchased		0.20	%		2.34	%
Other short-term borrowings		0.64	%		2.29	%
Long-term debt		2.89	%		4.01	%
Total interest-bearing liabilities		1.62	%		2.43	%
Ratios:
Net interest margin (taxable equivalent)		3.32	%		3.54	%
Net interest rate spread (taxable equivalent)		3.00	%		3.21	%
Interest-bearing liabilities to interest-earning assets		79.80	%		86.16	%

24

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Assets
Interest-earning assets:
Commercial loans	$	25,838		$	27,416		$	28,038		$	28,968		$	30,227
Commercial mortgage loans		12,126			12,449			12,668			12,809			13,194
Commercial construction loans		4,134			4,475			4,842			5,115			5,990
Commercial leases		3,574			3,522			3,477			3,564			3,629
Residential mortgage loans		10,142			10,820			11,669			10,921			10,327
Home equity		12,291			12,452			12,636			12,763			12,677
Automobile loans		8,973			8,871			8,692			8,687			8,428
Credit card		1,982			1,955			1,863			1,825			1,748
Other consumer loans and leases		860			928			1,111			1,177			1,206
Taxable securities		17,521			16,850			16,778			16,283			14,882
Tax exempt securities		205			246			242			262			288
Other short-term investments		1,143			969			742			1,290			513
Total interest-earning assets		98,789			100,953			102,758			103,664			103,109
Cash and due from banks		2,276			2,257			2,350			2,438			2,897
Other assets		14,084			13,724			13,907			15,363			15,089
Allowance for loan and lease losses		(3,644	)		(3,481	)		(3,137	)		(2,784	)		(2,142	)
Total assets	$	111,505		$	113,453		$	115,878		$	118,681		$	118,953
Liabilities
Interest-bearing liabilities:
Interest checking	$	16,324		$	14,869		$	14,837		$	14,229		$	13,698
Savings		17,540			16,967			16,705			16,272			15,960
Money market		4,279			4,280			4,167			4,559			4,983
Foreign office		2,516			2,432			1,717			1,755			1,876
Other time		13,049			14,264			14,612			14,501			13,337
Certificates - $100,000 and over		8,200			10,055			11,455			11,802			12,468
Other		51			95			240			247			1,090
Federal funds purchased		423			404			542			701			2,016
Other short-term borrowings		3,029			5,285			8,002			9,621			10,912
Long-term debt		10,404			10,108			11,130			12,531			13,100
Total interest-bearing liabilities		75,815			78,759			83,407			86,218			89,440
Demand deposits		18,137			17,059			16,689			15,532			14,602
Other liabilities		3,829			3,750			3,292			4,847			4,620
Total liabilities		97,781			99,568			103,388			106,597			108,662
Shareholders’ equity		13,724			13,885			12,490			12,084			10,291
Total liabilities and shareholders’ equity	$	111,505		$	113,453		$	115,878		$	118,681		$	118,953
Yield Analysis
Interest-earning assets:
Commercial loans		4.48	%		4.36	%		4.06	%		4.00	%		4.96	%
Commercial mortgage loans		4.19	%		4.22	%		4.44	%		4.56	%		6.10	%
Commercial construction loans		2.65	%		2.74	%		2.80	%		3.35	%		5.32	%
Commercial leases		4.59	%		4.59	%		4.66	%		3.12	%		3.75	%
Residential mortgage loans		5.19	%		5.23	%		5.65	%		6.04	%		6.37	%
Home equity		4.06	%		4.10	%		4.14	%		4.28	%		5.08	%
Automobile loans		6.18	%		6.32	%		6.36	%		6.40	%		6.40	%
Credit card		9.66	%		9.87	%		10.06	%		10.89	%		10.68	%
Other consumer loans and leases		11.59	%		9.59	%		7.52	%		6.18	%		5.70	%
Total loans and leases		4.77	%		4.73	%		4.71	%		4.73	%		5.55	%
Taxable securities		4.17	%		4.24	%		4.33	%		4.39	%		4.91	%
Tax exempt securities		6.06	%		7.05	%		8.04	%		7.44	%		7.41	%
Other short-term investments		0.10	%		0.10	%		0.15	%		0.19	%		0.91	%
Total interest-earning assets		4.61	%		4.61	%		4.62	%		4.63	%		5.44	%
Interest-bearing liabilities:
Interest checking		0.27	%		0.24	%		0.27	%		0.27	%		0.60	%
Savings		0.70	%		0.67	%		0.77	%		0.89	%		1.27	%
Money market		0.51	%		0.55	%		0.63	%		0.72	%		1.29	%
Foreign office		0.36	%		0.43	%		0.54	%		0.54	%		0.95	%
Other time		2.95	%		3.24	%		3.48	%		3.62	%		3.62	%
Certificates - $100,000 and over		2.27	%		2.56	%		2.80	%		3.04	%		3.39	%
Other		0.09	%		0.19	%		0.19	%		0.23	%		0.64	%
Federal funds purchased		0.13	%		0.15	%		0.18	%		0.30	%		0.71	%
Other short-term borrowings		0.20	%		0.32	%		0.61	%		1.00	%		1.87	%
Long-term debt		2.65	%		2.67	%		2.79	%		3.36	%		4.13	%
Total interest-bearing liabilities		1.39	%		1.51	%		1.67	%		1.89	%		2.28	%
Ratios:
Net interest margin (taxable equivalent)		3.55	%		3.43	%		3.26	%		3.06	%		3.46	%
Net interest rate spread (taxable equivalent)		3.22	%		3.10	%		2.95	%		2.74	%		3.16	%
Interest-bearing liabilities to interest-earning assets		76.74	%		78.02	%		81.17	%		83.17	%		86.74	%

25

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	December 2009		September 2009		June 2009		March 2009		December 2008
Average Loans and Leases
Commercial:
Commercial loans	$	25,816	$	27,400	$	28,027	$	28,949	$	30,227
Commercial mortgage loans		11,981		12,269		12,463		12,508		13,189
Commercial construction loans		4,024		4,337		4,672		4,987		5,990
Commercial leases		3,574		3,522		3,477		3,564		3,629
Subtotal - commercial		45,395		47,528		48,639		50,008		53,035
Consumer:
Residential mortgage loans		8,129		8,355		8,713		9,195		9,335
Home equity		12,291		12,452		12,636		12,763		12,677
Automobile loans		8,973		8,871		8,692		8,687		8,428
Credit card		1,982		1,955		1,863		1,825		1,748
Other consumer loans and leases		831		899		1,030		1,083		1,146
Subtotal - consumer		32,206		32,532		32,934		33,553		33,334
Total average loans and leases (excluding held for sale)	$	77,601	$	80,060	$	81,573	$	83,561	$	86,369
Average loans held for sale		2,319		2,828		3,422		2,268		1,057
End of Period Loans and Leases
Commercial:
Commercial loans	$	25,683	$	26,175	$	28,409	$	28,617	$	29,197
Commercial mortgage loans		11,803		12,105		12,407		12,560		12,502
Commercial construction loans		3,784		4,147		4,491		4,745		5,114
Commercial leases		3,535		3,584		3,497		3,521		3,685
Subtotal - commercial		44,805		46,011		48,804		49,443		50,498
Consumer:
Residential mortgage loans		8,035		8,229		8,489		8,875		9,385
Home equity		12,174		12,377		12,511		12,710		12,752
Automobile loans		8,995		8,972		8,741		8,688		8,594
Credit card		1,990		1,973		1,914		1,816		1,811
Other consumer loans and leases		780		857		970		1,037		1,103
Subtotal - consumer		31,974		32,408		32,625		33,126		33,645
Total portfolio loans and leases	$	76,779	$	78,419	$	81,429	$	82,569	$	84,143
Core business activity		1,851		1,775		2,989		2,199		979
Portfolio management activity		224		288		352		403		473
Total loans held for sale		2,067		2,063		3,341		2,602		1,452
Operating lease equipment		499		486		474		470		463
Loans and Leases Serviced for Others (a):
Commercial loans		1,193		1,367		1,706		2,091		2,518
Commercial mortgage loans		264		256		264		297		312
Commercial construction loans		196		196		216		258		264
Commercial leases		150		149		152		154		170
Residential mortgage loans		48,638		46,837		43,527		41,524		40,378
Home equity		263		266		267		272		273
Automobile loans		1,230		1,394		1,569		1,754		1,946
Credit card		15		15		15		16		17
Other consumer loans and leases		7		7		7		7		7
Total loans and leases serviced for others		51,956		50,487		47,723		46,373		45,885
Total loans and leases serviced	$	131,301	$	131,455	$	132,967	$	132,014	$	131,943

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

26

Fifth Third Bancorp and Subsidiaries

Regulatory Capital (a)

$ in millions

(unaudited)

	As of
	December 2009			September 2009			June 2009			March 2009			December 2008
Tier I capital:
Shareholders’ equity	$	13,497		$	13,688		$	13,700		$	12,102		$	12,077
Goodwill and certain other intangibles		(2,565	)		(2,559	)		(2,564	)		(2,785	)		(2,801	)
Unrealized (gains) losses		(240	)		(285	)		(152	)		(151	)		(109	)
Qualifying trust preferred securities		2,763			2,763			2,763			2,763			2,763
Other		(27	)		(33	)		(5	)		(5	)		(6	)
Total tier I capital	$	13,428		$	13,574		$	13,742		$	11,924		$	11,924
Total risk-based capital:
Tier I capital	$	13,428		$	13,574		$	13,742		$	11,924		$	11,924
Qualifying allowance for credit losses		1,284			1,308			1,350			1,375			1,413
Qualifying subordinated notes		2,923			3,044			2,980			3,203			3,309
Total risk-based capital	$	17,635		$	17,926		$	18,072		$	16,502		$	16,646
Risk-weighted assets (b)	$	100,862		$	102,875		$	106,538		$	109,087		$	112,622
Ratios:
Average shareholders’ equity to average assets		12.31	%		12.24	%		10.78	%		10.18	%		8.65	%
Regulatory capital:
Fifth Third Bancorp
Tier I capital		13.31	%		13.19	%		12.90	%		10.93	%		10.59	%
Total risk-based capital		17.48	%		17.43	%		16.96	%		15.13	%		14.78	%
Tier I leverage		12.43	%		12.34	%		12.17	%		10.29	%		10.27	%
Tier I common equity		7.00	%		7.01	%		6.94	%		4.50	%		4.37	%
Fifth Third Bank (c)
Tier I capital		13.50	%		13.41	%		11.53	%		8.83	%		8.13	%
Total risk-based capital		15.56	%		15.47	%		14.38	%		11.67	%		10.92	%
Tier I leverage		12.69	%		12.76	%		9.89	%		7.46	%		7.03	%
Tier I common equity		13.50	%		13.41	%		11.69	%		8.83	%		7.53	%
Fifth Third Bank (Michigan) (c)
Tier I capital		—			—			10.13	%		10.62	%		11.06	%
Total risk-based capital		—			—			12.07	%		12.53	%		12.95	%
Tier I leverage		—			—			9.45	%		10.06	%		10.45	%
Tier I common equity		—			—			9.18	%		9.61	%		10.09	%
Fifth Third Bank N.A. (c)
Tier I capital		—			—			12.83	%		13.10	%		16.33	%
Total risk-based capital		—			—			14.12	%		14.37	%		17.59	%
Tier I leverage		—			—			10.63	%		11.52	%		14.11	%
Tier I common equity		—			—			12.83	%		13.10	%		16.33	%

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

(b) Under the banking agencies risk-based capital guidelines, assets and credit equivalent amounts of derivatives and off-balance sheet exposures are assigned to broad risk categories. The aggregate dollar amount in each risk category is multiplied be the associated risk weight of the category. The resulting weighted values are added together resulting in the Bancorp’s total risk weighted assets.

(c) As of September 30, 2009, the Fifth Third Bank (Michigan) and Fifth Third Bank N.A. charters were merged into the Fifth Third Bank charter.

27

Fifth Third Bancorp and Subsidiaries

Summary of Credit Loss Experience

$ in millions

(unaudited)

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Average loans and leases (excluding held for sale):
Commercial loans	$	25,816		$	27,400		$	28,027		$	28,949		$	30,227
Commercial mortgage loans		11,981			12,269			12,463			12,508			13,189
Commercial construction loans		4,024			4,337			4,672			4,987			5,990
Commercial leases		3,574			3,522			3,512			3,564			3,610
Residential mortgage loans		8,129			8,355			8,713			9,195			9,335
Home equity		12,291			12,452			12,636			12,763			12,677
Automobile loans		8,973			8,871			8,692			8,687			8,428
Credit card		1,982			1,955			1,863			1,825			1,748
Other consumer loans and leases		831			899			995			1,083			1,165
Total average loans and leases (excluding held for sale)	$	77,601		$	80,060		$	81,573		$	83,561		$	86,369
Losses charged off:
Commercial loans	$	(197	)	$	(271	)	$	(185	)	$	(116	)	$	(430	)
Commercial mortgage loans		(144	)		(124	)		(89	)		(79	)		(468	)
Commercial construction loans		(134	)		(130	)		(79	)		(78	)		(541	)
Commercial leases		(11	)		—			(1	)		—			—
Residential mortgage loans		(78	)		(92	)		(148	)		(75	)		(49	)
Home equity		(85	)		(82	)		(90	)		(73	)		(55	)
Automobile loans		(41	)		(44	)		(48	)		(56	)		(50	)
Credit card		(46	)		(47	)		(47	)		(38	)		(32	)
Other consumer loans and leases		(7	)		(6	)		(6	)		(6	)		(8	)
Total losses		(743	)		(796	)		(693	)		(521	)		(1,633	)
Recoveries of losses previously charged off:
Commercial loans		14			15			8			13			8
Commercial mortgage loans		2			6			4			2			3
Commercial construction loans		(1	)		4			—			2			2
Commercial leases		3			—			—			—			—
Residential mortgage loans		—			—			1			—			—
Home equity		3			2			2			1			1
Automobile loans		9			10			12			10			7
Credit card		2			2			2			2			2
Other consumer loans and leases		3			1			38			1			(17	)
Total recoveries		35			40			67			31			6
Net losses charged off:
Commercial loans		(183	)		(256	)		(177	)		(103	)		(422	)
Commercial mortgage loans		(142	)		(118	)		(85	)		(77	)		(465	)
Commercial construction loans		(135	)		(126	)		(79	)		(76	)		(539	)
Commercial leases		(8	)		—			(1	)		—			—
Residential mortgage loans		(78	)		(92	)		(147	)		(75	)		(49	)
Home equity		(82	)		(80	)		(88	)		(72	)		(54	)
Automobile loans		(32	)		(34	)		(36	)		(46	)		(43	)
Credit card		(44	)		(45	)		(45	)		(36	)		(30	)
Other consumer loans and leases		(4	)		(5	)		32			(5	)		(25	)
Total net losses charged off	$	(708	)	$	(756	)	$	(626	)	$	(490	)	$	(1,627	)
Net charge-off Ratios:
Commercial loans		2.81	%		3.70	%		2.53	%		1.45	%		5.55	%
Commercial mortgage loans		4.69	%		3.82	%		2.73	%		2.50	%		14.05	%
Commercial construction loans		13.28	%		11.56	%		6.76	%		6.21	%		35.81	%
Commercial leases		0.88	%		(0.04	%)		0.02	%		—			(0.04	%)
Residential mortgage loans		3.82	%		4.38	%		5.17	%		3.30	%		2.90	%
Home equity		2.65	%		2.54	%		2.81	%		2.28	%		1.68	%
Automobile loans		1.38	%		1.52	%		1.65	%		2.17	%		2.00	%
Credit card		8.81	%		9.08	%		9.64	%		7.92	%		6.82	%
Other consumer loans and leases		2.49	%		2.62	%		1.95	%		1.63	%		2.41	%
Total net charge-off ratio		3.62	%		3.75	%		3.08	%		2.38	%		7.50	%

28

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	December 2009			September 2009			June 2009			March 2009			December 2008
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	3,681		$	3,485		$	3,070		$	2,787		$	2,058
Total net losses charged off		(708	)		(756	)		(626	)		(490	)		(1,627	)
Provision for loan and lease losses		776			952			1,041			773			2,356
Allowance for loan and lease losses, ending	$	3,749		$	3,681		$	3,485		$	3,070		$	2,787
Reserve for unfunded commitments, beginning	$	284		$	239		$	231		$	195		$	132
Provision for unfunded commitments		10			45			8			36			63
Reserve for unfunded commitments, ending	$	294		$	284		$	239		$	231		$	195
Components of allowance for credit losses:
Allowance for loan and lease losses	$	3,749		$	3,681		$	3,485		$	3,070		$	2,787
Reserve for unfunded commitments		294			284			239			231			195
Total allowance for credit losses	$	4,043		$	3,965		$	3,724		$	3,301		$	2,982
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial loans	$	734		$	752		$	603		$	667		$	541
Commercial mortgage loans		898			912			760			692			482
Commercial construction loans		646			697			684			551			362
Commercial leases		67			51			51			27			21
Residential mortgage loans		275			267			262			265			259
Home equity		21			24			26			25			26
Automobile loans		1			1			1			2			5
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual portfolio loans and leases		2,642			2,704			2,387			2,229			1,696
Restructured loans and leases - commercial (non accrual)		47			18			12			—			—
Restructured loans and leases - consumer (non accrual)		258			225			188			167			80
Total nonperforming portfolio loans and leases		2,947			2,947			2,587			2,396			1,776
Repossessed personal property		22			22			21			25			24
Other real estate owned		275			251			232			227			206
Total nonperforming assets (a)		3,244			3,220			2,840			2,648			2,006
Nonaccrual loans held for sale		220			286			352			403			473
Restructured loans - commercial (non accrual) held for sale		4			2			—			—			—
Total nonperforming assets including loans held for sale	$	3,468		$	3,508		$	3,192		$	3,051		$	2,479
Restructured Consumer loans and leases (accrual)	$	1,392		$	1,280		$	1,074		$	615		$	494
Restructured Commercial loans and leases (accrual)	$	68			—			—			—			—
Ninety days past due loans and leases:
Commercial loans	$	118		$	256		$	142		$	131		$	76
Commercial mortgage loans		59			184			131			124			136
Commercial construction loans		17			168			60			49			74
Commercial leases		4			4			5			6			4
Residential mortgage loans		189			198			242			231			198
Home equity		99			104			99			105			96
Automobile loans		17			17			18			18			21
Credit card		64			60			65			68			56
Other consumer loans and leases		—			1			—			1			1
Total ninety days past due loans and leases	$	567		$	992		$	762		$	733		$	662
Ratios
Net losses charged off as a percent of average loans and leases		3.62	%		3.75	%		3.08	%		2.38	%		7.50	%
Allowance for loan and lease losses:
As a percent of loans and leases		4.88	%		4.69	%		4.28	%		3.72	%		3.31	%
As a percent of nonperforming loans and leases (a)		127	%		125	%		135	%		128	%		157	%
As a percent of nonperforming assets (a)		116	%		114	%		123	%		116	%		139	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		3.82	%		3.75	%		3.17	%		2.89	%		2.11	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		4.21	%		4.09	%		3.48	%		3.20	%		2.38	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		4.38	%		4.34	%		3.75	%		3.57	%		2.89	%

(a) Does not include nonaccrual loans held for sale

29

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

			For the Three Months Ended
	December 2009		September 2009		June 2009		March 2009		December 2008
Total shareholders’ equity	13,497		13,688		13,700		12,102		12,077
Less:
Preferred stock	(3,609	)	(3,599	)	(3,588	)	(4,252	)	(4,241	)
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,623	)	(2,624	)
Intangible assets	(106	)	(119	)	(133	)	(154	)	(168	)
Tangible common equity, including unrealized gains / losses (a)	7,365		7,553		7,562		5,073		5,044
Less: Accumulated other comprehensive income / loss	(241	)	(285	)	(152	)	(151	)	(98	)
Tangible common equity, excluding unrealized gains / losses (b)	7,124		7,268		7,410		4,922		4,946
Add back: Preferred stock	3,609		3,599		3,588		4,252		4,241
Tangible equity (c)	10,733		10,867		10,998		9,174		9,187
Total assets (d)	113,380		110,740		115,984		119,313		119,764
Less:
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,623	)	(2,624	)
Intangible assets	(106	)	(119	)	(133	)	(154	)	(168	)
Tangible assets, including unrealized gains / losses (e)	110,857		108,204		113,434		116,536		116,972
Less: Accumulated other comprehensive income / loss, before tax	(370	)	(438	)	(234	)	(233	)	(151	)
Tangible assets, excluding unrealized gains / losses (f)	110,487		107,766		113,200		116,303		116,821
Common shares outstanding (g)	795		795		795		577		577
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (h)	100,862		102,874		106,537		109,086		112,621
Ratios
Tangible equity (c) / (f)	9.71	%	10.08	%	9.72	%	7.89	%	7.86	%
Tangible common equity (excluding unrealized gains/losses) (b) / (f)	6.45	%	6.74	%	6.55	%	4.23	%	4.23	%
Tangible common equity (including unrealized gains/losses) (a) / (e)	6.64	%	6.98	%	6.67	%	4.35	%	4.31	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (b) / (h)	7.06	%	7.07	%	6.96	%	4.51	%	4.39	%
Tangible book value per share (a) / (g)	9.26		9.50		9.51		8.79		8.74

30

Fifth Third Bancorp and Subsidiaries

Segment Presentation

$ in millions

(unaudited)

For the three months ended December 31, 2009 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	357		388		109		40		(11	)	883
Provision for loan and lease losses	(405	)	(159	)	(128	)	(14	)	(70	)	(776	)
Net interest income after provision for loan and lease losses	(48	)	229		(19	)	26		(81	)	107
Total noninterest income	144		236		132		89		50		651
Total noninterest expense	(243	)	(349	)	(130	)	(94	)	(152	)	(968	)
Net income (loss) before taxes	(147	)	116		(17	)	21		(183	)	(210	)
Applicable income taxes (a)	84		(41	)	6		(7	)	70		112
Net income (loss)	(63	)	75		(11	)	14		(113	)	(98	)
Dividends on preferred stock	—		—		—		—		62		62
Net income (loss) available to common shareholders	(63	)	75		(11	)	14		(175	)	(160	)
For the three months ended September 30, 2009 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	351		396		114		41		(28	)	874
Provision for loan and lease losses	(447	)	(149	)	(142	)	(16	)	(198	)	(952	)
Net interest income after provision for loan and lease losses	(96	)	247		(28	)	25		(226	)	(78	)
Total noninterest income	115		227		147		84		278		851
Total noninterest expense	(245	)	(336	)	(115	)	(91	)	(89	)	(876	)
Net income (loss) before taxes	(226	)	138		4		18		(37	)	(103	)
Applicable income taxes (a)	102		(49	)	(1	)	(6	)	(40	)	6
Net income (loss)	(124	)	89		3		12		(77	)	(97	)
Dividends on preferred stock	—		—		—		—		62		62
Net income (loss) available to common shareholders	(124	)	89		3		12		(139	)	(159	)
For the three months ended June 30, 2009	Commercial Banking (b)		Branch Banking (b)		Consumer Lending (b)		Investment Advisors		Other/ Eliminations (b)		Total
Net interest income (a)	339		395		136		39		(73	)	836
Provision for loan and lease losses	(289	)	(149	)	(170	)	(18	)	(415	)	(1,041	)
Net interest income after provision for loan and lease losses	50		246		(34	)	21		(488	)	(205	)
Total noninterest income	165		227		190		82		1,919		2,583
Total noninterest expense	(263	)	(347	)	(151	)	(88	)	(172	)	(1,021	)
Net income (loss) before taxes	(48	)	126		5		15		1,259		1,357
Applicable income taxes (a)	46		(44	)	(2	)	(5	)	(470	)	(475	)
Net income (loss)	(2	)	82		3		10		789		882
Dividends on preferred stock	—		—		—		—		26		26
Net income (loss) available to common shareholders	(2	)	82		3		10		763		856
For the three months ended March 31, 2009	Commercial Banking (b)		Branch Banking (b)		Consumer Lending (b)		Investment Advisors		Other/ Eliminations (b)		Total
Net interest income (a)	335		380		136		37		(107	)	781
Provision for loan and lease losses	(218	)	(128	)	(135	)	(10	)	(282	)	(773	)
Net interest income after provision for loan and lease losses	117		252		1		27		(389	)	8
Total noninterest income	184		202		158		84		69		697
Total noninterest expense	(239	)	(338	)	(114	)	(83	)	(188	)	(962	)
Net income (loss) before taxes	62		116		45		28		(508	)	(257	)
Applicable income taxes (a)	7		(41	)	(16	)	(10	)	367		307
Net income (loss)	69		75		29		18		(141	)	50
Dividends on preferred stock	—		—		—		—		76		76
Net income (loss) available to common shareholders	69		75		29		18		(217	)	(26	)
For the three months ended December 31, 2008	Commercial Banking (b)		Branch Banking (b)		Consumer Lending (b)		Investment Advisors		Other/ Eliminations (b)		Total
Net interest income (a)	390		419		128		44		(83	)	898
Provision for loan and lease losses	(1,347	)	(125	)	(125	)	(28	)	(731	)	(2,356	)
Net interest income after provision for loan and lease losses	(957	)	294		3		16		(814	)	(1,458	)
Total noninterest income	182		221		77		87		75		642
Total noninterest expense	(1,000	)	(336	)	(337	)	(91	)	(258	)	(2,022	)
Net income (loss) before taxes	(1,775	)	179		(257	)	12		(997	)	(2,838	)
Applicable income taxes (a)	651		(63	)	90		(4	)	22		696
Net income (loss)	(1,124	)	116		(167	)	8		(975	)	(2,142	)
Dividends on preferred stock	—		—		—		—		42		42
Net income (loss) available to common shareholders	(1,124	)	116		(167	)	8		(1,017	)	(2,184	)

(a) Includes taxable equivalent adjustments of $4 million for the three months ended December 30, 2009 and $5 million for the three months ended September 30, 2009, June 30, 2009, March 31, 2009 and December 31, 2008.

(b) Prior period segment financial information has been restated to reflect the sale of the Processing Business on June 30, 2009 and the elimination of the Processing Solutions segment. Financial information for the Processing Business has been reclassified under General Corporate/Other for all periods presented. The retained retail credit card and commercial multi-card service business are included in Consumer Lending and Commercial Banking segments, respectively, for all periods presented. Additionally, interchange revenue previously recorded in the Processing Solutions segment and associated with cards currently included in Branch Banking, is now included in the Branch Banking segment for all periods presented.

31

EX-99.2

Exhibit 99.2

January 2010

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 IR@53.com

Jim Eglseder	Rich Rosen
VP / Investor Relations	VP / Investor Relations
(513) 534-8424	(513) 534-3307

Quarterly Data

	Three Months Ended
	December 31, 2009			September 30, 2009			June 30, 2009		March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Ratios (percent)
Return on assets		(0.35	)		(0.34	)		3.05		0.17			(7.16	)		(0.19	)		(0.72	)		1.03
Return on average common equity		(6.3	)		(6.1	)		41.2		(1.4	)		(94.6	)		(3.3	)		(8.5	)		12.3
Average equity as a percent of average assets		12.31			12.24			10.78		10.18			8.65			9.45			8.59			8.43
Net interest margin (a)		3.55			3.43			3.26		3.06			3.46			4.24			3.04			3.41
Efficiency (a)		63.1			50.8			29.9		65.1			131.3			54.2			58.6			42.3
Net losses charged off as a percent of average loans and leases		3.62			3.75			3.08		2.38			7.50			2.17			1.66			1.37
Allowance for loan and lease losses as a percent of loans and leases		4.88			4.69			4.28		3.72			3.31			2.41			1.85			1.49
Allowance for credit losses as a percent of loans and leases		5.27			5.06			4.57		4.00			3.54			2.56			1.98			1.62
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		4.22			4.09			3.48		3.19			2.38			2.86			2.26			1.81
Allowance for loan and lease losses as a percent of nonperforming assets (b)		108.08			104.90			109.17		100.63			112.44			83.98			81.49			81.96
Allowance for credit losses as a percent of nonperforming assets		116.56			112.99			116.67		108.20			120.30			89.35			87.41			88.96
Common Share Data
Earnings per share	$	(0.20	)	$	(0.20	)	$	1.35	$	(0.04	)	$	(3.78	)	$	(0.14	)	$	(0.37	)	$	0.54
Earnings per diluted share	$	(0.20	)	$	(0.20	)		1.15		(0.04	)		(3.78	)		(0.14	)		(0.37	)		0.54
Cash dividends per common share		0.01			0.01			0.01		0.01			0.01			0.15			0.15			0.44
Book value per share		12.44			12.69			12.71		13.61			13.57			16.65			16.75			17.56
Common shares outstanding, excluding treasury		795,068,164			795,316,187			795,313,448		576,935,997			577,386,612			577,486,544			577,529,636			532,106,075
Market price per share:
High	$	10.92		$	11.20		$	9.15	$	8.65		$	14.75		$	21.00		$	23.75		$	28.58
Low		8.76			6.33			2.50		1.01			6.32			7.96			8.96			20.25
End of period		9.75			10.13			7.10		2.92			8.26			11.90			10.18			20.92
Supplemental Data
Common dividends declared ($ in millions)	$	8		$	8		$	8	$	5		$	6		$	87		$	87		$	234
Full-time equivalent employees		20,998			20,559			20,702		20,618			21,476			21,522			21,617			21,726
Banking centers		1,309			1,306			1,306		1,311			1,307			1,298			1,308			1,232
ATMs		2,358			2,372			2,355		2,354			2,341			2,329			2,329			2,221

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

(b) Excludes nonperforming assets held for sale.

2

Quarterly Data

	Three Months Ended
	December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Income Statement ($ in millions)
Interest income (FTE)	$	1,147		$	1,174		$	1,184		$	1,183		$	1,411		$	1,553		$	1,213		$	1,453
Interest expense		265			300			348			402			514			485			469			627
Net interest income (FTE)		882			874			836			781			897			1,068			744			826
Provision for loan and lease losses		776			952			1,041			773			2,356			941			719			544
Noninterest income:
Service charges on deposits		159			164			162			146			162			172			159			147
Investment advisory revenue		77			74			73			76			78			90			92			93
Corporate banking revenue		98			86			99			116			121			104			111			107
Mortgage banking net revenue		132			140			147			134			(29	)		45			86			97
Card and processing revenue		76			74			243			223			230			235			235			213
Gain on sale of processing business		—			(6	)		1,764			—			—			—			—			—
Other noninterest income		183			385			292			233			24			112			49			177
Securities gains (losses), net		2			8			5			(24	)		(40	)		(63	)		(10	)		27
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			41			16			96			22			—			3
Total noninterest income		651			851			2,583			697			642			717			722			864
Noninterest expense:
Salaries, wages and incentives		331			335			346			327			337			321			331			347
Employee benefits		69			83			75			83			61			72			60			85
Net occupancy expense		75			75			79			79			77			77			73			72
Technology and communications		47			43			45			45			48			47			49			47
Equipment expense		31			30			31			31			35			34			31			31
Card and processing expense		27			25			75			67			70			70			67			66
Other noninterest expense		414			310			445			397			1,394			346			247			67
Total noninterest expense		967			876			1,021			962			2,022			967			858			715
Income (loss) before income taxes (FTE)		(210	)		(103	)		1,357			(257	)		(2,839	)		(123	)		(111	)		431
Taxable equivalent adjustment		4			5			5			5			5			5			6			6
Income (loss) before income taxes		(214	)		(108	)		1,352			(262	)		(2,844	)		(128	)		(117	)		425
Applicable income taxes		(116	)		(11	)		470			(312	)		(702	)		(72	)		85			139
Net income (loss)	$	(98	)	$	(97	)	$	882		$	50		$	(2,142	)	$	(56	)	$	(202	)	$	286
Dividends on preferred stock		62			62			26			76			42			25			—			—
Net income (loss) available to common shareholders	$	(160	)	$	(159	)	$	856		$	(26	)	$	(2,184	)	$	(81	)	$	(202	)	$	286
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	13,428		$	13,574		$	13,742		$	11,924		$	11,924		$	9,734		$	9,829		$	8,993
Tier II capital		4,207			4,352			4,330			4,578			4,722			4,239			4,202			4,211
Total risk-based capital	$	17,635		$	17,926		$	18,072		$	16,502		$	16,646		$	13,973		$	14,031		$	13,204
Risk-weighted assets	$	100,862		$	102,875		$	106,538		$	109,087		$	112,622		$	113,601		$	115,481		$	116,451
Tier I capital ratio		13.31	%		13.19	%		12.90	%		10.93	%		10.59	%		8.57	%		8.51	%		7.72	%
Total risk-based capital ratio		17.48	%		17.43	%		16.96	%		15.13	%		14.78	%		12.30	%		12.15	%		11.34	%
Tier I leverage ratio		12.43	%		12.34	%		12.17	%		10.29	%		10.27	%		8.77	%		9.08	%		8.28	%
Tier I common equity ratio		7.00	%		7.01	%		6.94	%		4.50	%		4.37	%		5.18	%		5.18	%		5.74	%

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

3

Quarterly Data

	As of
	December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,318		$	2,130		$	2,899		$	2,491		$	2,739		$	2,774		$	2,853		$	3,092
Available-for-sale and other securities		18,213			15,682			16,061			16,916			12,728			13,177			12,718			12,421
Held-to-maturity securities		355			356			357			358			360			360			361			353
Trading securities		355			1,079			1,354			1,407			1,191			915			241			184
Other short-term investments		3,369			1,126			513			1,587			3,578			229			286			517
Total cash and securities		24,610			20,373			21,184			22,759			20,596			17,455			16,459			16,567
Loans held for sale		2,067			2,063			3,341			2,602			1,452			1,000			889			2,573
Portfolio loans and leases		76,779			78,419			81,429			82,569			84,143			85,498			85,524			80,886
Total loans and leases		78,846			80,482			84,770			85,171			85,595			86,498			86,413			83,459
Allowance for loan and lease losses		(3,749	)		(3,681	)		(3,485	)		(3,070	)		(2,787	)		(2,058	)		(1,580	)		(1,205	)
Bank premises and equipment		2,400			2,426			2,440			2,490			2,494			2,470			2,444			2,265
Operating lease equipment		499			486			474			470			463			369			364			317
Goodwill		2,417			2,417			2,417			2,623			2,624			3,592			3,603			2,460
Intangible assets		106			119			133			154			168			188			203			143
Servicing rights		700			626			595			481			499			687			701			596
Other real estate owned		300			274			249			255			231			214			208			193
Other assets		7,251			7,218			7,207			7,980			9,881			6,879			6,160			6,601
Total assets	$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294		$	114,975		$	111,396
Liabilities
Deposits:
Demand	$	19,411		$	17,666		$	17,202		$	16,370		$	15,287		$	14,241		$	16,259		$	14,949
Interest checking		19,935			15,168			14,630			14,510			14,222			13,251			14,002			14,842
Savings		17,898			17,098			16,819			16,517			16,063			15,955			16,602			16,572
Money market		4,431			4,378			4,193			4,353			4,689			5,352			6,806			7,077
Foreign office		2,454			2,356			2,244			1,671			2,144			1,999			2,174			2,354
Other time		12,466			13,725			14,540			14,571			14,350			11,778			9,839			9,883
Certificates - $100,000 and over		7,700			8,962			10,688			11,784			11,851			13,173			10,870			4,993
Other foreign office		10			5			504			6			7			1,711			864			731
Total deposits		84,305			79,358			80,820			79,782			78,613			77,460			77,416			71,401
Federal funds purchased		182			433			435			363			287			2,521			2,447			5,612
Other short-term borrowings		1,415			3,674			6,802			11,076			9,959			8,791			5,628			6,387
Other liabilities		3,474			3,425			4,125			3,812			5,243			3,879			3,684			4,603
Long-term debt		10,507			10,162			10,102			12,178			13,585			12,947			15,046			14,041
Total liabilities		99,883			97,052			102,284			107,211			107,687			105,598			104,221			102,044
Shareholders’ Equity
Common and preferred equity		13,457			13,603			13,752			12,180			12,208			10,986			11,138			11,537
Net unrealized gains (losses):
Available-for-sale securities		216			274			157			178			115			(47	)		(132	)		2
Qualifying cash flow hedges		105			108			95			76			88			41			34			64
Accumulated other comprehensive income related to employee benefit plans		(80	)		(97	)		(100	)		(103	)		(105	)		(53	)		(54	)		(55	)
Treasury stock, at cost		(201	)		(200	)		(204	)		(229	)		(229	)		(231	)		(232	)		(2,196	)
Total shareholders’ equity		13,497			13,688			13,700			12,102			12,077			10,696			10,754			9,352
Total liabilities & shareholders’ equity	$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294		$	114,975		$	111,396
Share Data
Preferred shares outstanding		152,771			152,771			152,771			180,620			180,620			53,550			53,550			9,250
Common shares outstanding, excluding treasury		795,068,164			795,316,187			795,313,448			576,935,997			577,386,612			577,486,544			577,529,636			532,106,075
Treasury shares held		6,436,023			6,188,001			6,190,740			6,491,107			6,040,492			5,940,560			5,897,468			51,321,029

4

Quarterly Data

	Three Months Ended
	December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	79,920		$	82,888		$	84,996		$	85,828		$	87,425		$	85,772		$	85,212		$	84,912
Taxable securities		17,521			16,850			16,778			16,283			14,882			13,310			12,554			11,560
Tax exempt securities		205			246			242			262			288			315			364			403
Other short-term investments		1,143			969			742			1,290			513			890			445			634
Total interest-earning assets		98,789			100,953			102,758			103,663			103,108			100,287			98,575			97,509
Cash and due from banks		2,276			2,257			2,350			2,438			2,897			2,468			2,357			2,236
Other assets		14,084			13,724			13,907			15,364			15,090			13,683			12,370			12,477
Allowance for loan and lease losses		(3,644	)		(3,481	)		(3,137	)		(2,784	)		(2,142	)		(1,654	)		(1,204	)		(931	)
Total assets	$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784		$	112,098		$	111,291
Liabilities
Interest-bearing liabilities:
Interest checking	$	16,324		$	14,869		$	14,837		$	14,229		$	13,698		$	13,843		$	14,396		$	14,836
Savings		17,540			16,967			16,705			16,272			15,960			16,154			16,583			16,075
Money market		4,279			4,280			4,167			4,559			4,983			6,051			6,592			6,896
Foreign office		2,516			2,432			1,717			1,755			1,876			2,126			2,169			2,443
Other time		13,049			14,264			14,612			14,501			13,337			10,780			9,517			10,884
Certificates - $100,000 and over		8,200			10,055			11,455			11,802			12,468			11,623			8,143			5,835
Other foreign office		51			95			240			247			1,090			395			2,948			3,861
Federal funds purchased		423			404			542			701			2,016			1,013			3,643			5,258
Other short-term borrowings		3,029			5,285			8,002			9,621			10,912			9,613			5,623			4,937
Long-term debt		10,404			10,108			11,130			12,531			13,101			14,392			14,803			13,328
Total interest-bearing liabilities		75,815			78,759			83,407			86,218			89,441			85,990			84,417			84,353
Demand deposits		18,137			17,059			16,689			15,532			14,602			14,225			14,023			13,208
Other liabilities		3,829			3,750			3,292			4,847			4,619			3,726			4,029			4,351
Total liabilities		97,781			99,568			103,388			106,597			108,662			103,941			102,469			101,912
Shareholders’ equity		13,724			13,885			12,490			12,084			10,291			10,843			9,629			9,379
Total liabilities & shareholders’ equity	$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784		$	112,098		$	111,291
Average loans and leases (excluding held for sale)	$	77,601		$	80,060		$	81,573		$	83,561		$	86,369		$	84,695		$	83,537		$	80,945
Average common shares outstanding:
Basic		790,441,911			790,334,226			629,789,476			571,810,034			571,809,026			571,705,319			540,029,899			528,497,585
Diluted		790,441,911			790,334,226			718,245,141			571,810,034			571,809,026			571,705,319			540,029,899			530,372,174

5

Quarterly Data

	Three Months Ended
	December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008			March 31, 2008
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	25,687		$	26,215		$	28,419		$	28,627		$	29,220		$	29,424		$	28,958		$	27,937
Commercial mortgage		11,936			12,252			12,600			12,768			12,952			13,355			13,394			12,155
Commercial construction		3,871			4,268			4,641			4,930			5,114			6,002			6,007			5,592
Commercial leases		3,535			3,584			3,532			3,521			3,666			3,642			3,647			3,727
Subtotal - commercial		45,029			46,319			49,192			49,846			50,952			52,423			52,006			49,411
Consumer:
Residential mortgage		9,845			9,955			11,440			10,972			10,292			10,292			10,704			10,985
Home equity		12,174			12,377			12,511			12,710			12,752			12,599			12,421			11,803
Automobile loans		8,995			8,972			8,741			8,688			8,594			8,306			8,362			8,394
Credit card		1,990			1,973			1,914			1,816			1,811			1,688			1,717			1,686
Other consumer loans and leases		813			886			972			1,139			1,198			1,190			1,203			1,180
Subtotal - consumer		33,817			34,163			35,578			35,325			34,647			34,075			34,407			34,048
Total loans and leases	$	78,846		$	80,482		$	84,770		$	85,171		$	85,599		$	86,498		$	86,413		$	83,459
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	25,838		$	27,416		$	28,038		$	28,968		$	30,227		$	28,284		$	28,557		$	26,617
Commercial mortgage		12,126			12,449			12,668			12,809			13,194			13,257			12,590			12,052
Commercial construction		4,134			4,475			4,842			5,115			5,990			6,110			5,700			5,577
Commercial leases		3,574			3,522			3,512			3,564			3,610			3,642			3,747			3,723
Subtotal - commercial		45,672			47,862			49,060			50,456			53,021			51,293			50,594			47,969
Consumer:
Residential mortgage		10,141			10,820			11,669			10,921			10,327			10,711			11,244			11,699
Home equity		12,291			12,452			12,636			12,763			12,677			12,534			12,012			11,846
Automobile loans		8,973			8,871			8,692			8,687			8,428			8,303			8,439			10,542
Credit card		1,982			1,955			1,863			1,825			1,748			1,720			1,703			1,660
Other consumer loans and leases		861			928			1,075			1,177			1,225			1,211			1,221			1,196
Subtotal - consumer		34,248			35,026			35,935			35,373			34,405			34,479			34,619			36,943
Total average loans and leases	$	79,920		$	82,888		$	84,995		$	85,829		$	87,426		$	85,772		$	85,213		$	84,912
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	2,642		$	2,704		$	2,387		$	2,229		$	1,696		$	2,179		$	1,670		$	1,224
Nonaccrual loans held for sale		220			286			352			403			473			—			—			—
Restructured loans - commercial (non accrual) held for sale		4			2			—			—			—			—			—			—
Restructured loans and leases (non accrual) portfolio		305			243			200			167			80			50			56			43
Other assets, including other real estate owned		297			273			253			252			230			222			212			204
Total nonperforming assets	$	3,468		$	3,508		$	3,192		$	3,051		$	2,479		$	2,451		$	1,938		$	1,471
Ninety days past due loans and leases	$	567		$	992		$	762		$	733		$	662		$	671		$	608		$	539
Nonperforming Loans ($ in millions)(non-accrual plus renegotiated)
Commercial loans and leases	$	840		$	826		$	673		$	704		$	586		$	573		$	425		$	311
Commercial mortgage		1,035			1,072			953			900			715			724			524			312
Commercial construction loans		741			820			837			736			578			636			537			408
Consumer mortgage and construction		412			379			360			346			279			221			166			156
Other consumer loans and leases		144			138			116			113			91			75			74			80
Total nonperforming loans and leases (including held for sale)	$	3,172		$	3,235		$	2,939		$	2,799		$	2,249		$	2,229		$	1,726		$	1,267
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(743	)	$	(796	)	$	(658	)	$	(521	)	$	(1,652	)	$	(481	)	$	(365	)	$	(293	)
Recoveries		35			40			32			31			25			18			21			17
Net losses charged off	$	(708	)	$	(756	)	$	(626	)	$	(490	)	$	(1,627	)	$	(463	)	$	(344	)	$	(276	)

6

EX-99.3

Exhibit 99.3

January 2010

ANNUAL 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 year-end 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 IR@53.com

Jim Eglseder	Rich Rosen
VP / Investor Relations	VP / Investor Relations
(513) 534-8424	(513) 534-3307

Yearly Data

	Years Ended December 31,
	2009		2008			2007		2006		2005
Ratios (percent)
Return on assets		0.64		(1.85	)		1.05		1.13		1.51
Return on average common equity		5.6		(23.0	)		11.2		12.1		16.6
Average equity as a percent of average assets		11.36		8.78			9.35		9.32		9.06
Net interest margin (a)		3.32		3.54			3.36		3.06		3.23
Efficiency (a)		46.9		70.4			60.2		55.4		52.1
Net losses charged off as a percent of average loans and leases		3.20		3.23			0.61		0.44		0.45
Allowance for loan and lease losses as a percent of loans and leases		4.88		3.31			1.17		1.04		1.06
Allowance for credit losses as a percent of loans and leases		5.27		3.54			1.29		1.14		1.16
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		4.22		2.38			1.32		0.61		0.52
Allowance for loan and lease losses as a percent of nonperforming assets		108.08		112.44			88.06		169.62		206.03
Allowance for credit losses as a percent of nonperforming assets		116.56		120.30			96.99		186.33		225.33
Common Share Data
Earnings per share	$	0.73	$	(3.91	)	$	1.99	$	2.13	$	2.79
Earnings per diluted share		0.67		(3.91	)		1.98		2.12		2.77
Cash dividends per common share		0.04		2.52			1.70		1.58		1.46
Book value per share		12.44		13.57			17.24		18.00		16.98
Common shares outstanding, excluding treasury		795,068,164		577,386,612			532,671,925		556,252,674		555,623,430
Market price per share:
High	$	11.20	$	28.58		$	43.32	$	41.57	$	48.12
Low		1.01		6.32			24.82		35.86		35.04
Close		9.75		8.26			25.13		40.93		37.72
Supplemental Data
Common dividends declared ($ in millions)	$	29	$	413		$	914	$	880	$	810
Full-time equivalent employees		20,998		21,476			21,683		21,362		21,681
Banking centers		1,309		1,307			1,227		1,150		1,119
ATMs		2,358		2,341			2,211		2,096		2,024

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

(b) Excludes nonperforming assets held for sale.

2

Yearly Data

	Years Ended December 31,
	2009			2008			2007			2006			2005
Income Statement ($ in millions)
Interest income (FTE)	$	4,687		$	5,630		$	6,051		$	5,981		$	5,026
Interest expense		1,314			2,094			3,018			3,082			2,030
Net interest income (FTE)		3,373			3,536			3,033			2,899			2,996
Provision for loan and lease losses		3,543			4,560			628			343			330
Noninterest income:
Service charges on deposits		632			641			579			517			522
Investment advisory revenue		299			353			382			367			358
Corporate banking revenue		399			444			367			318			299
Mortgage banking net revenue		553			199			133			155			174
Card and processing revenue		615			912			825			717			622
Gain on sale of processing business		1,758			—			—			—			—
Other noninterest income		479			1,275			154			299			360
Securities gains (losses), net		(10	)		(86	)		21			(364	)		39
Securities gains, net - non-qualifying hedges on mortgage servicing rights		57			120			6			3			—
Total noninterest income		4,782			2,946			2,467			2,012			2,374
Noninterest expense:
Salaries, wages, and incentives		1,339			1,337			1,239			1,174			1,133
Employee benefits		311			278			278			292			283
Net occupancy expense		308			300			269			245			221
Technology and communications		181			191			169			141			142
Equipment expense		123			130			123			116			105
Card and processing expense		193			274			244			184			145
Other noninterest expense		1,564			2,328			989			763			772
Total noninterest expense		3,826			4,564			3,311			2,915			2,801
Income (loss) before income taxes and cumulative effect (FTE)		786			(2,642	)		1,561			1,653			2,239
Taxable equivalent adjustment		19			22			24			26			31
Income (loss) before income taxes and cumulative effect		767			(2,664	)		1,537			1,627			2,208
Applicable income taxes		30			(551	)		461			443			659
Income (loss) before cumulative effect		737			(2,113	)		1,076			1,184			1,549
Cumulative effect of change in accounting principle, net of tax		—			—			—			4			—
Net income (loss)	$	737		$	(2,113	)	$	1,076		$	1,188		$	1,549
Dividend on Preferred Stock		226			67			1			—			1
Net income (loss) available to common shareholders	$	511		$	(2,180	)	$	1,075		$	1,188		$	1,548
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	13,428		$	11,924		$	8,924		$	8,625		$	8,209
Tier II capital		4,207			4,722			2,809			2,760			2,031
Total risk-based capital	$	17,635		$	16,646		$	11,733		$	11,385		$	10,240
Risk-weighted assets	$	100,862		$	112,622		$	115,529		$	102,823		$	98,293
Tier I capital ratio		13.31	%		10.59	%		7.72	%		8.39	%		8.35	%
Total risk-based capital ratio		17.48	%		14.78	%		10.16	%		11.07	%		10.42	%
Tier I leverage ratio		12.43	%		10.27	%		8.50	%		8.44	%		8.08	%
Tier I common equity ratio		7.00	%		4.37	%		5.72	%		8.22	%		8.17	%

(a) 2009 regulatory capital data and ratios are estimated.

3

Yearly Data

	Years Ended December 31,
	2009			2008			2007			2006			2005
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,318		$	2,739		$	2,660		$	2,705		$	3,070
Available-for-sale securities		18,213			12,728			10,677			11,053			21,924
Held-to-maturity securities		355			360			355			356			389
Trading securities		355			1,191			171			187			117
Other short-term investments		3,369			3,578			620			841			166
Total cash and securities		24,610			20,596			14,483			15,142			25,666
Loans held for sale		2,067			1,452			4,329			1,150			1,304
Portfolio loans and leases		76,779			84,143			80,253			74,353			69,925
Total loans and leases		78,846			85,595			84,582			75,503			71,229
Allowance for loan and lease losses		(3,749	)		(2,787	)		(937	)		(771	)		(744	)
Bank premises and equipment		2,400			2,494			2,223			1,940			1,726
Operating lease equipment		499			463			353			202			143
Goodwill		2,417			2,624			2,470			2,193			2,169
Intangible assets		106			168			147			166			208
Servicing rights		700			499			618			524			441
Other real estate owned		300			231			159			88			54
Other assets		7,251			9,881			9,087			7,622			6,059
Total assets	$	113,380		$	119,764		$	110,962		$	100,669		$	105,225
Liabilities
Deposits:
Demand	$	19,411		$	15,287		$	14,404		$	14,331		$	14,609
Interest checking		19,935			14,222			15,254			15,993			18,282
Savings		17,898			16,063			15,635			13,181			11,276
Money market		4,431			4,689			6,521			6,584			6,129
Foreign Office		2,454			2,144			2,572			1,353			421
Other time		12,466			14,350			11,440			10,987			9,313
Certificates - $100,000 and over		7,700			11,851			6,738			6,628			4,343
Other foreign office		10			7			2,881			323			3,061
Total deposits		84,305			78,613			75,445			69,380			67,434
Federal funds purchased		182			287			4,427			1,421			5,323
Other short-term borrowings		1,415			9,959			4,747			2,796			4,246
Other liabilities		3,474			5,243			4,325			4,492			3,549
Long-term debt		10,507			13,585			12,857			12,558			15,227
Total liabilities		99,883			107,687			101,801			90,647			95,779
Shareholders’ Equity
Common and preferred equity		13,457			12,208			11,496			11,433			11,138
Net unrealized gains (losses):
Available-for-sale securities		216			115			(93	)		(119	)		(395	)
Qualifying cash flow hedges		105			88			24			(1	)		(13	)
Accumulated other comprehensive income related to employee benefit plans		(80	)		(105	)		(57	)		(59	)		(5	)
Treasury stock, at cost		(201	)		(229	)		(2,209	)		(1,232	)		(1,279	)
Total shareholders’ equity		13,497			12,077			9,161			10,022			9,446
Total liabilities & shareholders’ equity	$	113,380		$	119,764		$	110,962		$	100,669		$	105,225
Share Data
Preferred shares outstanding		152,771			180,620			9,250			9,250			9,250
Common shares outstanding, excluding treasury		795,068,164			577,386,612			532,671,925			556,252,674			555,623,430
Treasury shares held		6,436,023			6,040,492			50,755,179			27,174,430			27,803,674

4

Yearly Data

	Years Ended December 31,
	2009			2008			2007			2006			2005
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	83,391		$	85,835		$	78,348		$	73,493		$	67,737
Taxable securities		16,861			13,082			11,131			20,306			24,017
Tax exempt securities		239			342			499			604			789
Other short-term investments		1,035			621			404			410			201
Total interest-earning assets		101,526			99,880			90,382			94,813			92,744
Cash and due from banks		2,329			2,490			2,275			2,463			2,750
Other assets		14,266			13,411			10,613			8,713			8,102
Allowance for loan and lease losses		(3,265	)		(1,485	)		(793	)		(751	)		(720	)
Total assets	$	114,856		$	114,296		$	102,477		$	105,238		$	102,876
Liabilities
Interest-bearing liabilities:
Interest checking	$	15,070		$	14,191		$	14,820		$	16,650		$	18,884
Savings		16,875			16,192			14,836			12,189			10,007
Money market		4,320			6,127			6,308			6,366			5,170
Foreign office		2,108			2,153			1,762			732			248
Other time		14,103			11,135			10,778			10,500			8,491
Certificates - $100,000 and over		10,367			9,532			6,466			5,795			4,001
Other foreign office		157			2,066			1,393			2,979			3,719
Federal funds purchased		517			2,975			3,646			4,148			4,225
Short-term borrowings		6,463			7,785			3,244			8,670			9,511
Long-term debt		11,035			13,903			12,505			14,247			16,384
Total interest-bearing liabilities		81,015			86,059			75,758			78,128			76,415
Demand deposits		16,862			14,017			13,261			13,741			13,868
Other liabilities		3,926			4,182			3,876			3,558			3,276
Total liabilities		101,803			104,258			92,894			95,427			93,559
Shareholders’ equity		13,053			10,038			9,583			9,811			9,317
Total liabilities & shareholders’ equity	$	114,856		$	114,296		$	102,477		$	105,238		$	102,876
Average loans and leases (excluding held for sale)	$	80,681		$	83,895		$	76,033		$	72,447		$	66,685
Average common shares outstanding:
Basic		696,452,466			553,112,898			537,669,793			554,983,021			554,410,581
Diluted		726,508,263			553,112,898			540,118,386			557,493,607			558,442,819

5

Yearly Data

	Years Ended December 31,
	2009			2008			2007			2006			2005
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	25,687		$	29,220		$	26,079		$	20,831		$	19,377
Commercial mortgage		11,936			12,952			11,967			10,405			9,188
Commercial construction		3,871			5,114			5,561			6,168			6,342
Commercial leases		3,535			3,666			3,737			3,841			3,698
Subtotal - commercial		45,029			50,952			47,344			41,245			38,605
Consumer:
Residential mortgage		9,845			10,292			11,433			9,905			8,991
Home equity		12,174			12,752			11,874			12,154			11,805
Automobile loans		8,995			8,594			11,183			10,028			9,396
Credit card		1,990			1,811			1,591			1,004			788
Other consumer loans and leases		813			1,198			1,157			1,167			1,644
Subtotal - consumer		33,817			34,647			37,238			34,258			32,624
Total loans and leases	$	78,846		$	85,599		$	84,582		$	75,503		$	71,229
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial loans	$	27,556		$	28,426		$	22,351		$	20,504		$	18,310
Commercial mortgage		12,511			12,776			11,078			9,797			8,923
Commercial construction		4,638			5,846			5,661			6,015			5,525
Commercial leases		3,543			3,680			3,683			3,730			3,495
Subtotal - commercial		48,248			50,728			42,773			40,046			36,253
Consumer:
Residential mortgage		10,886			10,993			10,489			9,574			8,982
Home equity		12,534			12,269			11,887			12,070			11,229
Automobile loans		8,807			8,925			10,704			9,570			8,650
Credit card		1,907			1,708			1,276			838			728
Other consumer loans and leases		1,009			1,213			1,219			1,394			1,897
Subtotal - consumer		35,143			35,108			35,575			33,446			31,486
Total average loans and leases	$	83,391		$	85,836		$	78,348		$	73,492		$	67,739
Asset Quality ($ in millions)
Nonaccrual loans and leases	$	2,642		$	1,696		$	813		$	352		$	294
Nonaccrual loans held for sale		220			473			—			—			—
Restructured loans - commercial (non accrual) held for sale		4			—			—			—			—
Restructured loans and leases (non accrual) portfolio		305			80			80			—			—
Other assets, including other real estate owned		297			230			171			103			67
Total nonperforming assets	$	3,468		$	2,479		$	1,064		$	455		$	361
Ninety days past due loans and leases	$	567		$	662		$	491		$	210		$	155
Nonperforming Loans ($ in millions) (non-accrual plus renegotiated)
Commercial mortgage	$	1,035			715			243			84		$	51
Commercial construction loans		741			578			249			54			31
Commercial loans and leases		840			586			180			133			146
Consumer mortgage and construction		412			279			121			38			30
Other consumer loans and leases		144			91			100			43			36
Total nonperforming loans	$	3,172		$	2,249		$	893		$	352		$	294
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(2,719	)	$	(2,792	)	$	(544	)	$	(408	)	$	(373	)
Recoveries		138			82			81			92			74
Net losses charged off	$	(2,581	)	$	(2,710	)	$	(463	)	$	(316	)	$	(299	)

6

EX-99.4

Fifth Third Bank | All Rights Reserved

4Q09 Credit Trends

January 21, 2010

Please refer to earnings release dated January 21, 2010

for full results including those reported on a U.S. GAAP basis

Exhibit 99.4

2

Fifth Third Bank | All Rights Reserved

Updated credit loss expectations vs. SCAP scenarios

$4.1B

$5.0B

$2.8B

Moody’s Longer

Recession / Weaker

Recovery Case**

Assumptions

(Dec. 2009)

Moody’s Base

Case** Assumptions

(Dec. 2009)

Realized credit losses have been significantly below SCAP submissions, which is expected to continue

SCAP Baseline Scenario

(Submitted; Mar 2009)

SCAP Adverse Scenario

(Supervisory; Mar 2009)

* Red SCAP line represents more adverse scenario as adjusted by supervisors for additional assumed two-year losses. Supervisory estimates of total two-year losses

under more adverse scenario were not allocated by period. Estimate allocates total two-year supervisory losses using the allocation under Fifth Third’s submission.

** Source for assumptions: Moody’s  Economy.com. Assumptions as of 2009 year end.

Actual

$2.6B

Actual

$2.7B

Fifth Third

capitalized for this

level of losses under

SCAP (plus surplus

raised vs. buffer)

Fifth Third’s realized credit losses

have been significantly below its

SCAP submitted baseline and

more adverse scenarios

–

In SCAP submissions, we

incorporated significant

conservatism, given then-

prevailing negative economic

and industry trends and

extreme uncertainty in

potential loss outcomes at

the time

–

Economic and credit market

conditions have been much

better than potential

downside expectations in

Spring 2009, benefitting

results vs. SCAP scenarios

Base and stress scenarios reflect

Moody’s Base Case and Moody’s

Longer Recession and Weaker

Recovery Case (as of December

2009)**

Our current expectation is for

2010 losses to be lower than 2009

$2.9B

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

$5,500

2008

2009

2010

3

Fifth Third Bank | All Rights Reserved

Credit by portfolio*

C&I

26%

Other

consumer

1%

Residential

mortgage

11%

Auto

4%

Commercial

construction

19%

Commercial

mortgage

20%

Coml Lease

1%

Home equity

12%

Card

6%

Net charge-offs by loan type

Net charge-offs by geography

* NPAs exclude loans held-for-sale.

MI

21%

OH

13%

IN

4%

IL

11%

KY

4%

TN

3%

NC

3%

Other /

National

9%

FL

32%

($ in millions)

C&I

Commercial

mortgage

Commercial

construction

Commercial

lease

Total

commercial

Residential

mortgage

Home equity

Auto

Credit card

consumer

Total consumer

Total loans &

leases

Loan balances

$25,683

$11,803

$3,784

$3,535

$44,805

$8,035

$12,174

$8,995

$1,990

$780

$31,974

$76,779

% of total

33%

15%

5%

5%

58%

10%

16%

12%

3%

1%

42%

NPAs

$781

$985

$707

$67

$2,540

$523

$71

$23

$87

$0

$704

$3,244

NPA ratio

3.04%

8.34%

18.68%

1.90%

5.67%

6.51%

0.58%

0.26%

4.38%

0.08%

2.20%

4.21%

Net charge-offs

$183

$142

$135

$8

$468

$78

$82

$32

$44

$4

$240

$708

Net charge-off ratio

2.81%

4.69%

13.28%

0.88%

4.08%

3.82%

2.65%

1.38%

8.81%

2.49%

2.97%

3.62%

Other

4

Fifth Third Bank | All Rights Reserved

Portfolio performance drivers

Performance Largely Driven By

No Participation In

Discontinued or Suspended Lending

* Residential construction-related consumer mortgages intended to be held in portfolio until permanent financing complete. Jumbo mortgage originations currently

being held due to market conditions.

Geography

•

Florida and Michigan most stressed

•

Remaining Midwest and Southeast performance 

reflect economic trends

Products

•

Homebuilder/developer charge-offs $110 million in

4Q09

–

Total charge-off ratio 3.6% (3.1% ex-HBs)

–

Commercial charge-off ratio 4.1% (3.2% ex-

HBs)

•

Brokered home equity charge-offs 7.0% in 4Q09

–

Direct home equity portfolio 1.9%

4Q09 NCO Ratios

Coml

Cons

Total

FL/MI

8.4%

5.3%

7.1%

Other

2.5%

2.1%

2.3%

•

Subprime

•

Option ARMs

Discontinued in 2007

•

Brokered home equity ($1.9B)

Suspended in 2008

•

Homebuilder/residential development ($1.6B)

•

Other non-owner occupied commercial RE

excluding homebuilder/developer ($8.0B)

Saleability

•

All mortgages originated for intended sale*

Total

4.1%

3.0%

3.6%

5

Fifth Third Bank | All Rights Reserved

Non-performing assets and net charge-offs:

Product view*

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or transferred to held-for-sale in 4Q08.

During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured

terms. For comparability purposes, prior periods were adjusted to reflect this reclassification.

Total NPAs

Total NCOs

0

200

400

600

800

1,000

4Q08

1Q09

2Q09

3Q09

4Q09

C&I/Lease

Auto/Other

CRE

Res RE

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4Q08

1Q09

2Q09

3Q09

4Q09

C&I/Lease

Auto/Other

CRE

Res RE

6

Fifth Third Bank | All Rights Reserved

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4Q08

1Q09

2Q09

3Q09

4Q09

Other SE

National

Other MW

Michigan

Florida

-

200

400

600

800

1,000

4Q08

1Q09

2Q09

3Q09

4Q09

Other SE

National

Other MW

Michigan

Florida

Total NPAs

Total NCOs

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or transferred to held-for-sale in 4Q08.

During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured

terms. For comparability purposes, prior periods were adjusted to reflect this reclassification.

Non-performing assets and net charge-offs:

Geographic view*

7

Fifth Third Bank | All Rights Reserved

Nonperforming assets*

•

Total NPAs of $3.2B

•

Homebuilder/developer NPAs of $548M;

represent 17% of total NPAs

•

Commercial NPAs of $2.5B; down 1% from   

the previous quarter

•

Consumer NPAs of $704M; up 7% from the  

previous quarter

17%

6%

17%

11%

4%

0%

14%

18%

13%

13%

18%

46%

1%

1%

7%

3%

4%

7%

21%

8%

11%

6%

2%

8%

7%

39%

16%

5%

10%

3%

11%

6%

29%

3%

17%

C&I^ (26%)

CRE (53%)

Residential (18%)

Other Consumer (3%)

Residential

$594M

18%

C&I*

$848M

26%

Other

$111M

3%

CRE

$1.7B

53%

^ C&I includes commercial lease

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

* NPAs exclude loans held-for-sale.

8

Fifth Third Bank | All Rights Reserved

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

39% of 4Q09 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $3.3B; 4Q09

NCO ratio of 8.5%

–

4Q09 C&I loss rate of 2.8%, excluding loans to real

estate related industries, 2.0%

•

FL represented 30% of 4Q09 losses, 7% of loans

OH

20%

IN

6%

Other

29%

NC

1%

TN

3%

IL

13%

KY

5%

FL

7%

MI

16%

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or

transferred to held-for-sale in 4Q08.

Auto Retailers

3%

Wholesale

Trade

7%

Other

35%

Real Estate

8%

Manufacturing

19%

Finance &

Insurance

16%

Auto

Manufacturing

1%

Construction

5%

Retail Trade

4%

Accomodation

2%

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$29,197

$28,617

$28,409

$26,175

$25,683

90+ days delinquent

$76

$131

$142

$256

$118

as % of loans

0.26%

0.46%

0.50%

0.98%

0.46%

NPAs

$548

$675

$634

$790

$781

as % of loans

1.88%

2.36%

2.23%

3.02%

3.04%

Net charge-offs

$151

$103

$177

$256

$183

as % of loans

5.03%

1.45%

2.53%

3.70%

2.81%

C&I

9

Fifth Third Bank | All Rights Reserved

Commercial mortgage*

Accomodation

4%

Retail Trade

4%

Construction

10%

Auto

Manufacturing

0%

Finance &

Insurance

1%

Manufacturing

5%

Real Estate

50%

Other

21%

Wholesale

Trade

2%

Auto Retailers

3%

Loans by geography

Credit trends

Loans by industry

Comments

•

Owner occupied 4Q09 NCO ratio of 2.2%, other non-owner

occupied 4Q09 NCO ratio of 6.9%

•

In 4Q08 reduced concentrations in most stressed markets (FL

and MI)

•

Loans from FL/MI represented 39% of total loans, 56% of total

losses in 4Q09

OH

27%

IN

6%

NC

7%

IL

10%

KY

4%

TN

2%

Other

5%

FL

13%

MI

26%

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on loans sold or

transferred to held-for-sale in 4Q08.

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$12,502

$12,560

$12,407

$12,105

$11,803

90+ days delinquent

$136

$124

$131

$184

$59

as % of loans

1.09%

0.99%

1.06%

1.52%

0.50%

NPAs

$502

$718

$791

$968

$985

as % of loans

4.02%

5.72%

6.37%

8.00%

8.34%

Net charge-offs

$151

$77

$85

$118

$142

as % of loans

2.84%

2.50%

2.73%

3.82%

4.69%

Commercial mortgage

10

Fifth Third Bank | All Rights Reserved

Commercial construction*

Accomodation

1%

Auto Retailers

1%

Finance &

insurance

3%

Construction

33%

Manufacturing

1%

Real estate

48%

Retail Trade

1%

Other

11%

Wholesale

Trade

1%

Loans by geography

Credit trends

Loans by industry

Comments

OH

29%

IN

6%

IL

10%

KY

3%

TN

4%

NC

8%

Other

8%

FL

18%

MI

14%

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on

loans sold or transferred to held-for-sale in 4Q08.

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$5,114

$4,745

$4,491

$4,147

$3,784

90+ days delinquent

$73

$49

$60

$168

$16

as % of loans

1.44%

1.02%

1.34%

4.04%

0.44%

NPAs

$400

$597

$735

$751

$707

as % of loans

7.82%

12.59%

16.36%

18.11%

18.68%

Net charge-offs

$151

$76

$79

$126

$135

as % of loans

10.00%

6.21%

6.76%

11.56%

13.28%

Commercial construction

•

Owner occupied 4Q09 NCO ratio of 6.8%, other non-owner

occupied 4Q09 NCO ratio of 14.8%

•

In 4Q08 reduced concentrations in most stressed markets (FL

and MI)

•

Loans from FL/MI represented 32% of total loans, 61% of total

losses in 4Q09

11

Fifth Third Bank | All Rights Reserved

Homebuilders/developers*

Loans by geography

Credit trends

Loans by industry

Comments

•

Making no new loans to builder/developer sector

•

Residential & land valuations under continued stress

•

3% of commercial loans; 2% of total loans

•

Balance by product approximately 42% Construction, 

45% Mortgage, 13% C&I

MI

18%

OH

24%

IN

7%

IL

5%

KY

4%

TN

5%

NC

15%

Other

2%

FL

20%

C&I

13%

Commercial

construction

42%

Commercial

mortgage

45%

* NPAs exclude loans held-for-sale. Net charge-offs exclude losses on

loans sold or transferred to held-for-sale in 4Q08.

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$2,481

$2,322

$2,102

$1,846

$1,563

90+ days delinquent

$74

$37

$53

$79

$19

as % of loans

2.98%

1.59%

2.51%

4.29%

1.19%

NPAs

$366

$554

$613

$600

$548

as % of loans

14.74%

23.87%

29.14%

32.51%

35.09%

Net charge-offs

$128

$64

$76

$108

$110

as % of loans

19.71%

10.73%

14.06%

21.92%

26.25%

Homebuilders/developers

12

Fifth Third Bank | All Rights Reserved

st

Residential mortgage

1

liens:

100%

;

weighted

average

LTV:

78%

Weighted average origination FICO: 728

Origination FICO distribution:  <660 10%; 660-689 8%; 690-719

12%;

720-749

13%;

750+

30%;

Other

^

27%

(note: loans <660 includes CRA loans and FHA/VA loans)

Origination LTV distribution: <=70 26%; 70.1-80 41%; 80.1-90

11%; 90.1-95 5%; >95% 17%

Vintage distribution: 2009 6%; 2008 13%; 2007 16%; 2006 16%;

2005 25%; 2004 and prior 24%

% through broker: 13%; performance similar to direct

Loans by geography

Credit trends

Portfolio details

Comments

28% FL concentration driving 59% of total losses

FL lots ($281M) running at 30% annualized loss rate (YTD)

Mortgage company originations targeting 95% salability

MI

14%

OH

22%

IN

5%

IL

8%

KY

4%

TN

2%

NC

6%

Other

11%

FL

28%

^ Includes acquired loans where FICO at origination is not available

During 1Q09 the Bancorp modified its nonaccrual policy to exclude TDR loans less than 90 days past due because they were performing in accordance with restructured

terms. For comparability purposes, prior periods were adjusted to reflect this reclassification.

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$9,385

$8,875

$8,489

$8,229

$8,035

90+ days delinquent

$198

$231

$242

$198

$189

as % of loans

2.11%

2.60%

2.85%

2.41%

2.35%

NPAs

$397

$475

$475

$484

$523

as % of loans

4.23%

5.35%

5.59%

5.89%

6.51%

Net charge-offs

$68

$75

$112

$92

$78

as % of loans

2.90%

3.27%

5.17%

4.38%

3.82%

Residential mortgage

13

Fifth Third Bank | All Rights Reserved

nd

Home equity

1

liens:

26%;

2

liens:

74%

Weighted average origination FICO: 757

Origination FICO distribution: <660 4%; 660-689 8%; 690-719 13%; 720-749

17%; 750+ 48%; Other 10%

Weighted

average

CLTV:

76%

(1

liens

61%;

2 

liens

81%)

Origination     

CLTV distribution: <=70 38%; 70.1-80 21%; 80.1-90 18%; 90.1-95 8%; >95

15%

Vintage distribution: 2009 5%; 2008 12%; 2007 12%; 2006 16%; 2005 15%;

2004 and prior 40%

% through broker channels: 16% WA FICO: 739 brokered, 760 direct; WA

CLTV: 90% brokered; 73% direct

Portfolio details

Comments

Brokered loans by geography

Direct loans by geography

Credit trends

Approximately 16% of portfolio concentration in broker product driving

approximately 42% total loss

Portfolio

experiencing

increased

loss

severity

(losses

on

2

liens

approximately 100%)

Aggressive home equity line management strategies in place

Note: Brokered and direct home equity net charge-off ratios are calculated based on end of period loan balances

^ Includes acquired loans where FICO at origination is not available

MI

21%

OH

33%

IN

9%

IL

12%

KY

8%

Other

1%

FL

9%

NC

5%

TN

2%

MI

21%

OH

25%

IN

10%

IL

11%

KY

7%

Other

20%

FL

3%

NC

1%

TN

2%

st

nd

st

nd

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$2,313

$2,225

$2,125

$2,028

$1,948

90+ days delinquent

$37

$42

$34

$38

$33

as % of loans

1.58%

1.91%

1.58%

1.87%

1.72%

Net charge-offs

$26

$30

$39

$30

$34

as % of loans

4.52%

5.46%

7.41%

5.96%

7.02%

Home equity -

brokered

($ in millions)

4Q08

1Q09

2Q09

3Q09

4Q09

Balance

$10,439

$10,486

$10,386

$10,349

$10,226

90+ days delinquent

$58

$61

$63

$66

$65

as % of loans

0.55%

0.59%

0.61%

0.64%

0.64%

Net charge-offs

$27

$42

$49

$49

$48

as % of loans

1.04%

1.62%

1.91%

1.89%

1.85%

Home equity -

direct

14

Fifth Third Bank | All Rights Reserved

Florida market*

Deterioration in real estate values having effect on credit trends as evidenced by increasing NPA/NCOs in real estate related products

Homebuilders, developers tied to

weakening real estate market

Increasing severity of loss due to

significant declines in valuations

Valuations; relatively small home

equity portfolio

22%

20%

9%

29%

13%

6%

1%

COML

MORTGAGE

C&I

RESI

MORTGAGE

OTHER

CONS

COML

CONST

COML

LEASE

HOME

EQUITY

AUTO

CREDIT

CARD

Total Loans

NPAs

NCOs

31%

32%

23%

12%

1%

1%

24%

20%

25%

20%

2%

7%

2%

* NPAs exclude loans held-for-sale.

($ in millions)

Loans

(bn)

% of

FITB

NPAs

(mm)

% of

FITB

NCOs

(mm)

% of

FITB

Commercial loans

1.7

7%

110

14%

56

30%

Commercial mortgage

1.5

13%

282

29%

44

31%

Commercial construction

0.7

18%

206

29%

56

42%

Commercial lease

0.0

1%

2

4%

-

0%

Commercial

3.9

9%

600

24%

156

33%

Mortgage

2.3

28%

270

52%

46

59%

Home equity

1.0

8%

6

9%

17

20%

Auto

0.5

5%

2

10%

4

13%

Credit card

0.1

6%

5

6%

5

11%

Other consumer

0.0

2%

0

23%

1

12%

Consumer

3.9

12%

283

40%

73

30%

Total

7.8

10%

883

27%

229

32%

15

Fifth Third Bank | All Rights Reserved

Michigan market*

Deterioration in home price values coupled with weak economy impacting credit trends due to frequency of defaults and severity

Homebuilders, developers tied to

weak real estate market

Negative impact from housing

valuations, economy,

unemployment

Economic weakness impacts

commercial real estate market

31%

4%

7%

20%

2%

23%

9%

1%

3%

COML

MORTGAGE

C&I

RESI

MORTGAGE

OTHER

CONS

COML

CONST

COML

LEASE

HOME

EQUITY

AUTO

CREDIT

CARD

Total Loans

NPAs

NCOs

8%

15%

2%

27%

24%

6%

18%

27%

37%

15%

2%

4%

1%

10%

4%

* NPAs exclude loans held-for-sale.

($ in millions)

Loans

(bn)

% of

FITB

NPAs

(mm)

% of

FITB

NCOs

(mm)

% of

FITB

Commercial loans

4.1

16%

145

19%

40

22%

Commercial mortgage

3.0

26%

194

20%

35

25%

Commercial construction

0.5

14%

81

11%

27

20%

Commercial lease

0.2

6%

10

14%

0

0%

Commercial

7.8

17%

430

17%

102

22%

Mortgage

1.1

14%

55

10%

11

15%

Home equity

2.6

21%

22

30%

22

27%

Auto

0.9

10%

4

18%

4

11%

Credit card

0.3

16%

20

22%

8

19%

Other consumer

0.1

10%

0

4%

1

12%

Consumer

5.0

16%

101

14%

46

19%

Total

12.8

17%

531

16%

148

21%

16

Fifth Third Bank | All Rights Reserved

Cautionary statement

This

report

may

contain

statements

that

we

believe

are

“forward-looking

statements”

within

the

meaning

of

Section

27A

of

the

Securities

Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended,

and Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future

performance

or

business.

They

usually

can

be

identified

by

the

use

of

forward-looking

language

such

as

“will

likely

result,”

“may,”

“are

expected to,”

“is anticipated,”

“estimate,”

“forecast,”

“projected,”

“intends to,”

or may include other similar words or phrases such as

“believes,”

“plans,”

“trend,”

“objective,”

“continue,”

“remain,”

or

similar

expressions,

or

future

or

conditional

verbs

such

as

“will,”

“would,”

“should,”

“could,”

“might,”

“can,”

or

similar

verbs.

You

should

not

place

undue

reliance

on

these

statements,

as

they

are

subject

to

risks and

uncertainties,

including

but

not

limited

to

the

risk

factors

set

forth

in

our

most

recent

Annual

Report

on

Form

10-K

and

our

most

recent

quarterly report on Form 10-Q. When considering these forward-looking statements, you should keep in mind these risks and

uncertainties,

as

well

as

any

cautionary

statements

we

may

make.

Moreover,

you

should

treat

these

statements

as

speaking

only

as

of

the

date they are made and based only on information then actually known to us.

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 nationally 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) maintaining

capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems

encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third (10) competitive

pressures

among

depository

institutions

increase

significantly;

(11)

effects

of

critical

accounting

policies

and

judgments;

(12)

changes

in

accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies;

(13) 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;

(14) ability

to

maintain

favorable

ratings

from

rating

agencies;

(15)

fluctuation

of

Fifth

Third’s

stock

price;

(16)

ability

to

attract

and

retain

key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current

shareholders’

ownership

of

Fifth

Third;

(19)

effects

of

accounting

or

financial

results

of

one

or

more

acquired

entities;

(20)

difficulties

in

separating Fifth Third Processing Solutions from Fifth Third; (21) loss of income from any sale or potential sale of businesses that could

have

an

adverse

effect

on

Fifth

Third’s

earnings

and

future

growth;

(22)

ability

to

secure

confidential

information

through

the

use

of

computer systems and telecommunications networks; and (23) the impact of reputational risk created by these developments on such

matters as business generation and retention, funding and liquidity.

You

should

refer

to

our

periodic

and

current

reports

filed

with

the

Securities

and

Exchange

Commission,

or

“SEC,”

for

further

information

on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking

statements.

EX-99.5

Exhibit 99.5

Fourth Quarter 2009 Portfolio Loan and Lease Stratifications

Please refer to earnings release dated January 21, 2010 for further information

including full results including those reported on a U.S. GAAP basis

Fourth Quarter 2009 Portfolio Loan and Lease Stratifications

Consumer

2

Brokered home equity ($1.9 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	1.2	%	14.4	%	10.2	%	12.9	%	9.5	%	9.7	%
	YTD NCO ratio	6.7	%	16.9	%	35.2	%	39.9	%	29.7	%	24.7	%
Michigan	Loans (% of total)	2	%	3	%	5	%	4	%	7	%	21	%
	NPA + 90+ ratio	2.1	%	3.1	%	2.5	%	2.7	%	2.7	%	2.6	%
	YTD NCO ratio	4.2	%	6.2	%	7.3	%	8.5	%	10.8	%	8.2	%
Other	Loans (% of total)	7	%	9	%	16	%	11	%	33	%	76	%
	NPA + 90+ ratio	1.8	%	2.9	%	2.4	%	2.7	%	2.5	%	2.5	%
	YTD NCO ratio	2.1	%	3.7	%	4.8	%	5.5	%	7.9	%	5.8	%
Total	Loans (% of total)	10	%	13	%	22	%	15	%	41	%	100	%
	NPA + 90+ ratio	1.8	%	3.6	%	2.6	%	2.9	%	2.7	%	2.7	%
	YTD NCO ratio	2.8	%	5.0	%	6.2	%	6.9	%	8.9	%	6.9	%
1sts	Loans (% of total)	4	%	4	%	2	%	1	%	4	%	14	%
	NPA + 90+ ratio	2.5	%	4.3	%	3.1	%	2.4	%	3.6	%	3.3	%
	YTD NCO ratio	2.6	%	4.1	%	4.5	%	1.4	%	3.8	%	3.6	%
2nds	Loans (% of total)	5	%	9	%	20	%	14	%	37	%	86	%
	NPA + 90+ ratio	1.3	%	3.3	%	2.6	%	2.9	%	2.6	%	2.6	%
	YTD NCO ratio	2.9	%	5.3	%	6.4	%	7.1	%	9.4	%	7.5	%
Total	Loans (% of total)	10	%	13	%	22	%	15	%	41	%	100	%
	NPA + 90+ ratio	1.8	%	3.6	%	2.6	%	2.9	%	2.7	%	2.7	%
	YTD NCO ratio	2.8	%	5.0	%	6.2	%	6.9	%	8.9	%	6.9	%
HE loans	Loans (% of total)	2	%	3	%	5	%	3	%	12	%	25	%
	NPA + 90+ ratio	1.6	%	5.6	%	3.1	%	3.7	%	2.8	%	3.2	%
	YTD NCO ratio	3.4	%	3.5	%	5.5	%	6.1	%	8.7	%	6.8	%
HELOCs	Loans (% of total)	8	%	10	%	18	%	11	%	28	%	75	%
	NPA + 90+ ratio	1.9	%	3.0	%	2.5	%	2.6	%	2.7	%	2.6	%
	YTD NCO ratio	2.7	%	5.4	%	6.4	%	7.1	%	9.0	%	6.9	%
Total	Loans (% of total)	10	%	13	%	22	%	15	%	41	%	100	%
	NPA + 90+ ratio	1.8	%	3.6	%	2.6	%	2.9	%	2.7	%	2.7	%
	YTD NCO ratio	2.8	%	5.0	%	6.2	%	6.9	%	8.9	%	6.9	%
< 660#	Loans (% of total)	<1	%	1	%	1	%	1	%	1	%	4	%
	NPA + 90+ ratio	2.9	%	11.7	%	5.5	%	3.9	%	2.7	%	4.8	%
	YTD NCO ratio	8.4	%	14.1	%	8.6	%	11.6	%	14.6	%	11.7	%
660-689	Loans (% of total)	1	%	1	%	3	%	2	%	5	%	12	%
	NPA + 90+ ratio	3.2	%	8.7	%	3.7	%	3.4	%	3.3	%	3.9	%
	YTD NCO ratio	2.1	%	8.5	%	9.0	%	10.0	%	12.6	%	10.3	%
690-719	Loans (% of total)	1	%	2	%	4	%	3	%	10	%	21	%
	NPA + 90+ ratio	3.6	%	4.5	%	2.8	%	3.0	%	3.6	%	3.4	%
	YTD NCO ratio	3.9	%	7.9	%	8.3	%	8.5	%	9.8	%	8.7	%
720-749	Loans (% of total)	1	%	3	%	5	%	4	%	11	%	23	%
	NPA + 90+ ratio	2.1	%	2.6	%	3.6	%	2.7	%	2.6	%	2.8	%
	YTD NCO ratio	6.5	%	6.6	%	6.9	%	5.6	%	8.9	%	7.6	%
750+	Loans (% of total)	5	%	6	%	9	%	6	%	13	%	39	%
	NPA + 90+ ratio	0.9	%	2.1	%	1.3	%	2.6	%	1.9	%	1.8	%
	YTD NCO ratio	0.9	%	1.8	%	3.8	%	5.2	%	6.0	%	4.0	%
Other^	Loans (% of total)	<1	%	<1	%	<1	%	<1	%	<1	%	<1	%
	NPA + 90+ ratio	2.9	%	10.8	%	0.0	%	0.0	%	0.0	%	2.5	%
	YTD NCO ratio	5.3	%	0.0	%	0.0	%	0.0	%	2.7	%	4.1	%
Total	Loans (% of total)	10	%	13	%	22	%	15	%	41	%	100	%
	NPA + 90+ ratio	1.8	%	3.6	%	2.6	%	2.9	%	2.7	%	2.7	%
	YTD NCO ratio	2.8	%	5.0	%	6.2	%	6.9	%	8.9	%	6.9	%

# Includes relationship based and private lending

^ Includes acquired loans where FICOs at origination is not available

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

3

Retail direct home equity ($10.3 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%	9%
	NPA + 90+ ratio	1.3%	1.8%	5.0%	2.9%	5.0%	2.0%
	YTD NCO ratio	2.3%	5.6%	12.6%	8.3%	23.7%	5.1%
Michigan	Loans (% of total)	9%	5%	4%	2%	2%	21%
	NPA + 90+ ratio	1.1%	1.2%	1.6%	1.2%	2.2%	1.3%
	YTD NCO ratio	1.1%	1.8%	3.2%	4.4%	6.0%	2.4%
Other	Loans (% of total)	29%	16%	13%	5%	8%	70%
	NPA + 90+ ratio	0.8%	1.0%	0.9%	1.4%	1.4%	0.9%
	YTD NCO ratio	0.6%	0.7%	1.9%	2.6%	3.0%	1.2%
Total	Loans (% of total)	43%	23%	18%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.1%	1.3%	1.4%	1.7%	1.1%
	YTD NCO ratio	0.9%	1.3%	2.8%	3.3%	4.3%	1.8%
1sts	Loans (% of total)	17%	7%	3%	1%	1%	28%
	NPA + 90+ ratio	0.7%	1.4%	1.6%	2.2%	1.5%	1.0%
	YTD NCO ratio	0.5%	0.9%	2.0%	3.6%	2.8%	0.9%
2nds	Loans (% of total)	26%	16%	15%	6%	9%	72%
	NPA + 90+ ratio	1.0%	0.9%	1.2%	1.3%	1.7%	1.2%
	YTD NCO ratio	1.2%	1.5%	2.9%	3.3%	4.4%	2.2%
Total	Loans (% of total)	43%	23%	18%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.1%	1.3%	1.4%	1.7%	1.1%
	YTD NCO ratio	0.9%	1.3%	2.8%	3.3%	4.3%	1.8%
HE loans	Loans (% of total)	4%	2%	2%	1%	2%	12%
	NPA + 90+ ratio	1.9%	1.4%	1.5%	1.2%	1.6%	1.6%
	YTD NCO ratio	1.1%	1.6%	2.1%	3.1%	5.1%	2.2%
HELOCs	Loans (% of total)	38%	21%	15%	5%	8%	88%
	NPA + 90+ ratio	0.8%	1.0%	1.2%	1.4%	1.7%	1.0%
	YTD NCO ratio	0.9%	1.3%	2.9%	3.3%	4.1%	1.8%
Total	Loans (% of total)	43%	23%	18%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.1%	1.3%	1.4%	1.7%	1.1%
	YTD NCO ratio	0.9%	1.3%	2.8%	3.3%	4.3%	1.8%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	2.3%	3.2%	4.0%	3.8%	3.5%	3.2%
	YTD NCO ratio	3.2%	4.1%	7.6%	7.0%	10.7%	5.8%
660-689	Loans (% of total)	2%	2%	1%	1%	1%	7%
	NPA + 90+ ratio	1.8%	2.7%	2.7%	3.2%	2.0%	2.3%
	YTD NCO ratio	1.7%	2.8%	6.7%	6.9%	6.8%	4.4%
690-719	Loans (% of total)	3%	3%	3%	1%	2%	11%
	NPA + 90+ ratio	1.0%	2.4%	2.0%	2.5%	2.5%	2.0%
	YTD NCO ratio	1.4%	2.7%	4.6%	4.7%	4.9%	3.3%
720-749	Loans (% of total)	4%	4%	3%	1%	2%	15%
	NPA + 90+ ratio	0.9%	1.4%	1.1%	0.9%	1.3%	1.1%
	YTD NCO ratio	0.8%	1.5%	2.8%	3.1%	4.3%	2.2%
750+	Loans (% of total)	20%	14%	9%	3%	4%	50%
	NPA + 90+ ratio	0.3%	0.5%	0.7%	0.6%	1.1%	0.5%
	YTD NCO ratio	0.2%	0.7%	1.3%	1.8%	2.4%	0.8%
Other^	Loans (% of total)	12%	<1%	<1%	<1%	<1%	13%
	NPA + 90+ ratio	1.5%	0.2%	0.9%	1.8%	1.1%	1.4%
	YTD NCO ratio	1.6%	0.1%	0.2%	0.9%	1.3%	1.6%
Total	Loans (% of total)	43%	23%	18%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.1%	1.3%	1.4%	1.7%	1.1%
	YTD NCO ratio	0.9%	1.3%	2.8%	3.3%	4.3%	1.8%

# Includes relationship based and private lending

^ Includes acquired loans where FICOs at origination is not available

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

4

Total home equity ($12.2 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	1.3%	2.6%	5.6%	4.3%	6.6%	2.5%
	YTD NCO ratio	2.4%	6.4%	15.0%	12.7%	25.8%	6.3%
Michigan	Loans (% of total)	8%	4%	4%	2%	3%	21%
	NPA + 90+ ratio	1.1%	1.3%	1.8%	1.7%	2.4%	1.5%
	YTD NCO ratio	1.2%	2.2%	4.0%	5.7%	7.8%	3.3%
Other	Loans (% of total)	25%	15%	13%	6%	12%	71%
	NPA + 90+ ratio	0.8%	1.2%	1.2%	1.8%	1.9%	1.2%
	YTD NCO ratio	0.7%	1.0%	2.5%	3.5%	5.2%	2.0%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	0.9%	1.3%	1.5%	1.8%	2.1%	1.4%
	YTD NCO ratio	1.0%	1.7%	3.4%	4.4%	6.3%	2.6%
1sts	Loans (% of total)	15%	6%	3%	1%	1%	26%
	NPA + 90+ ratio	0.8%	1.7%	1.8%	2.2%	2.5%	1.2%
	YTD NCO ratio	0.6%	1.2%	2.4%	3.2%	3.3%	1.1%
2nds	Loans (% of total)	23%	15%	16%	7%	14%	74%
	NPA + 90+ ratio	1.0%	1.2%	1.5%	1.8%	2.1%	1.4%
	YTD NCO ratio	1.2%	1.9%	3.6%	4.4%	6.5%	3.2%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	0.9%	1.3%	1.5%	1.8%	2.1%	1.4%
	YTD NCO ratio	1.0%	1.7%	3.4%	4.4%	6.3%	2.6%
HE loans	Loans (% of total)	4%	2%	3%	1%	4%	14%
	NPA + 90+ ratio	1.9%	2.2%	2.0%	2.0%	2.3%	2.1%
	YTD NCO ratio	1.2%	2.0%	3.1%	4.1%	7.1%	3.5%
HELOCs	Loans (% of total)	34%	19%	16%	6%	11%	86%
	NPA + 90+ ratio	0.8%	1.2%	1.5%	1.8%	2.1%	1.3%
	YTD NCO ratio	1.0%	1.6%	3.5%	4.4%	6.0%	2.5%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	0.9%	1.3%	1.5%	1.8%	2.1%	1.4%
	YTD NCO ratio	1.0%	1.7%	3.4%	4.4%	6.3%	2.6%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	2.4%	4.1%	4.3%	3.8%	3.3%	3.5%
	YTD NCO ratio	3.6%	5.1%	7.8%	8.5%	12.0%	6.9%
660-689	Loans (% of total)	2%	1%	2%	1%	2%	8%
	NPA + 90+ ratio	1.9%	3.4%	3.0%	3.2%	2.6%	2.7%
	YTD NCO ratio	1.7%	3.5%	7.3%	8.0%	9.5%	5.9%
690-719	Loans (% of total)	3%	3%	3%	1%	3%	13%
	NPA + 90+ ratio	1.2%	2.7%	2.2%	2.7%	3.0%	2.4%
	YTD NCO ratio	1.5%	3.4%	5.5%	6.0%	7.3%	4.7%
720-749	Loans (% of total)	4%	4%	4%	2%	4%	17%
	NPA + 90+ ratio	1.0%	1.5%	1.6%	1.5%	1.9%	1.5%
	YTD NCO ratio	1.2%	2.1%	3.7%	3.9%	6.5%	3.4%
750+	Loans (% of total)	18%	13%	9%	3%	6%	49%
	NPA + 90+ ratio	0.4%	0.6%	0.8%	1.1%	1.4%	0.7%
	YTD NCO ratio	0.3%	0.8%	1.7%	2.7%	3.8%	1.3%
Other^	Loans (% of total)	10%	<1%	<1%	<1%	<1%	11%
	NPA + 90+ ratio	1.5%	0.4%	0.8%	1.6%	0.9%	1.5%
	YTD NCO ratio	1.6%	0.1%	0.2%	0.9%	1.6%	1.6%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	0.9%	1.3%	1.5%	1.8%	2.1%	1.4%
	YTD NCO ratio	1.0%	1.7%	3.4%	4.4%	6.3%	2.6%

# Includes relationship based and private lending

^ Includes acquired loans where FICOs at origination is not available

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

5

Total residential mortgage ($8.0 billion)
FICO (origination)
		< 660#	660-689	690-719	720-750	750+	Other^	Total
Lots	Loans (% of total)	<1%	<1%	1%	1%	2%	3%	7%
	NPA + 90+ ratio	25.8%	20.6%	17.8%	12.4%	7.5%	22.7%	16.3%
	YTD NCO ratio	22.3%	26.3%	19.1%	14.4%	9.1%	22.4%	17.3%
Residential construction	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	-5.5%	-0.6%
Other non-owner occupied	Loans (% of total)	<1%	<1%	<1%	<1%	1%	4%	6%
	NPA + 90+ ratio	40.9%	27.5%	26.3%	19.3%	9.2%	22.2%	21.8%
	YTD NCO ratio	22.8%	23.1%	20.4%	16.8%	17.1%	10.7%	13.8%
Owner occupied	Loans (% of total)	10%	7%	11%	12%	27%	20%	86%
	NPA + 90+ ratio	11.5%	10.8%	8.0%	5.0%	2.7%	10.5%	7.1%
	YTD NCO ratio	4.6%	4.0%	2.7%	2.2%	1.2%	3.1%	2.6%
Total	Loans (% of total)	10%	8%	12%	13%	30%	26%	100%
	NPA + 90+ ratio	12.7%	12.0%	9.3%	6.0%	3.2%	13.4%	8.7%
	YTD NCO ratio	5.6%	6.0%	4.5%	3.5%	2.2%	6.1%	4.3%

Total residential mortgage ($8.0 billion)
Loan-to-value (origination)
		<=70%	70.1-80%	80.1-90%	90.1-95%	95.1 +	Total
Lots	Loans (% of total)	1%	2%	2%	<1%	2%	7%
	NPA + 90+ ratio	21.0%	22.7%	14.6%	11.6%	11.5%	16.3%
	YTD NCO ratio	19.0%	27.4%	15.5%	8.1%	11.1%	17.3%
Residential construction	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.2%	-1.8%	0.7%	0.0%	0.0%	-0.6%
Other non-owner occupied	Loans (% of total)	1%	3%	1%	<1%	<1%	6%
	NPA + 90+ ratio	15.1%	21.4%	31.8%	22.5%	14.6%	21.8%
	YTD NCO ratio	8.4%	12.9%	21.1%	12.8%	16.4%	13.8%
Owner occupied	Loans (% of total)	24%	35%	8%	5%	14%	86%
	NPA + 90+ ratio	5.4%	6.5%	12.4%	11.7%	6.9%	7.1%
	YTD NCO ratio	1.1%	2.2%	5.3%	4.8%	3.9%	2.6%
Total	Loans (% of total)	26%	41%	11%	5%	17%	100%
	NPA + 90+ ratio	6.4%	8.4%	14.8%	12.1%	7.7%	8.7%
	YTD NCO ratio	2.0%	4.2%	8.6%	5.2%	5.2%	4.3%

Total residential mortgage ($8.0 billion)
		Florida	Michigan	Other	Total
Lots	Loans (% of total)	3%	1%	3%	7%
	NPA + 90+ ratio	24.8%	6.0%	9.3%	16.3%
	YTD NCO ratio	30.1%	3.0%	6.4%	17.3%
Residential	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	1.1%	0.0%	-1.6%	-0.6%
Other non-owner occupied	Loans (% of total)	4%	<1%	2%	6%
	NPA + 90+ ratio	26.3%	29.1%	12.8%	21.8%
	YTD NCO ratio	16.6%	21.5%	7.8%	13.8%
Owner occupied	Loans (% of total)	21%	13%	52%	86%
	NPA + 90+ ratio	12.8%	6.2%	5.0%	7.1%
	YTD NCO ratio	5.4%	3.3%	1.3%	2.6%
Total	Loans (% of total)	28%	14%	58%	100%
	NPA + 90+ ratio	16.0%	6.6%	5.6%	8.7%
	YTD NCO ratio	9.9%	3.6%	1.8%	4.3%

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

^ Includes acquired loans where FICOs at origination is not available

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

6

Total auto ($9.0 billion)
FICO (origination)
		< 660		660-689		690-719		720-750		750+		Other^		Total
Auto/Van	Loans (% of total)	1	%	3	%	8	%	9	%	20	%	<1	%	42	%
	NPA + 90+ ratio	1.1	%	0.9	%	0.6	%	0.4	%	0.2	%	0.9	%	0.4	%
	YTD NCO ratio	5.5	%	3.9	%	2.4	%	1.5	%	0.6	%	3.0	%	1.5	%
Small/Med SUV and Compact Pickup	Loans (% of total)	<1	%	2	%	5	%	6	%	14	%	<1	%	28	%
	NPA + 90+ ratio	1.2	%	0.9	%	0.5	%	0.4	%	0.1	%	0.6	%	0.3	%
	YTD NCO ratio	5.1	%	3.2	%	2.2	%	1.2	%	0.5	%	1.8	%	1.2	%
Large SUV/Full Size Pickup	Loans (% of total)	<1	%	2	%	4	%	5	%	9	%	1	%	22	%
	NPA + 90+ ratio	1.2	%	1.0	%	0.8	%	0.5	%	0.2	%	0.3	%	0.5	%
	YTD NCO ratio	4.0	%	3.9	%	2.4	%	1.5	%	0.6	%	2.1	%	1.5	%
Other	Loans (% of total)	<1	%	1	%	1	%	2	%	4	%	<1	%	8	%
	NPA + 90+ ratio	1.2	%	2.5	%	1.4	%	1.2	%	0.6	%	2.9	%	1.1	%
	YTD NCO ratio	5.7	%	6.3	%	5.5	%	3.7	%	1.6	%	10.6	%	3.6	%
Total	Loans (% of total)	2	%	8	%	19	%	22	%	48	%	2	%	100	%
	NPA + 90+ ratio	1.1	%	1.0	%	0.7	%	0.5	%	0.2	%	1.0	%	0.5	%
	YTD NCO ratio	5.1	%	3.9	%	2.6	%	1.6	%	0.6	%	4.1	%	1.6	%
New	Loans (% of total)	1	%	3	%	8	%	10	%	25	%	1	%	48	%
	NPA + 90+ ratio	1.2	%	1.0	%	0.6	%	0.5	%	0.1	%	0.5	%	0.3	%
	YTD NCO ratio	4.6	%	3.4	%	2.1	%	1.4	%	0.4	%	1.8	%	1.2	%
Used	Loans (% of total)	1	%	5	%	11	%	12	%	23	%	1	%	52	%
	NPA + 90+ ratio	1.1	%	1.0	%	0.8	%	0.5	%	0.3	%	1.8	%	0.6	%
	YTD NCO ratio	5.4	%	4.3	%	2.9	%	1.7	%	0.8	%	7.3	%	2.0	%
Total	Loans (% of total)	2	%	8	%	19	%	22	%	48	%	2	%	100	%
	NPA + 90+ ratio	1.1	%	1.0	%	0.7	%	0.5	%	0.2	%	1.0	%	0.5	%
	YTD NCO ratio	5.1	%	3.9	%	2.6	%	1.6	%	0.6	%	4.1	%	1.6	%
<=100% advance rate	Loans (% of total)	1	%	5	%	9	%	11	%	30	%	2	%	58	%
	NPA + 90+ ratio	0.8	%	0.9	%	0.5	%	0.3	%	0.1	%	1.1	%	0.3	%
	YTD NCO ratio	4.2	%	2.6	%	1.6	%	0.9	%	0.3	%	4.0	%	1.0	%
>100% advance rate	Loans (% of total)	1	%	3	%	9	%	11	%	18	%	<1	%	42	%
	NPA + 90+ ratio	1.7	%	1.3	%	0.9	%	0.7	%	0.4	%	0.7	%	0.6	%
	YTD NCO ratio	6.8	%	5.8	%	3.5	%	2.2	%	1.2	%	4.8	%	2.4	%
Total	Loans (% of total)	2	%	8	%	19	%	22	%	48	%	2	%	100	%
	NPA + 90+ ratio	1.1	%	1.0	%	0.7	%	0.5	%	0.2	%	1.0	%	0.5	%
	YTD NCO ratio	5.1	%	3.9	%	2.6	%	1.6	%	0.6	%	4.1	%	1.6	%
<=60 month term	Loans (% of total)	<1	%	2	%	4	%	5	%	16	%	1	%	28	%
	NPA + 90+ ratio	1.0	%	0.7	%	0.4	%	0.3	%	0.1	%	0.5	%	0.2	%
	YTD NCO ratio	4.4	%	2.8	%	1.4	%	0.7	%	0.2	%	3.3	%	0.8	%
>60 month term	Loans (% of total)	1	%	6	%	15	%	17	%	32	%	1	%	72	%
	NPA + 90+ ratio	1.2	%	1.1	%	0.7	%	0.6	%	0.3	%	1.5	%	0.5	%
	YTD NCO ratio	5.4	%	4.2	%	2.8	%	1.8	%	0.8	%	4.9	%	1.9	%
Total	Loans (% of total)	2	%	8	%	19	%	22	%	48	%	2	%	100	%
	NPA + 90+ ratio	1.1	%	1.0	%	0.7	%	0.5	%	0.2	%	1.0	%	0.5	%
	YTD NCO ratio	5.1	%	3.9	%	2.6	%	1.6	%	0.6	%	4.1	%	1.6	%

^ Includes acquired loans where FICOs at origination is not available

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

7

		Consumer loans by vintage
		Mortgage								Home equity
		Lot		Resi constr		Other non- owner occ’d		Owner occ’d		Brokered		Direct		Auto		Card		Other		Total
2009	Loans (% of total, by loan type)	<1	%	29	%	1	%	7	%	0	%	5	%	39	%	17	%	8	%	15	%
	NPA + 90+ ratio	0.0	%	0.0	%	0.0	%	0.1	%	0.0	%	0.0	%	0.1	%	1.5	%	0.0	%	0.2	%
	YTD NCO ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.2	%	0.8	%	0.0	%	0.2	%
2008	Loans (% of total, by loan type)	2	%	37	%	2	%	15	%	1	%	14	%	28	%	16	%	40	%	17	%
	NPA + 90+ ratio	6.8	%	0.0	%	5.4	%	4.9	%	0.0	%	0.3	%	0.5	%	7.6	%	0.1	%	1.7	%
	YTD NCO ratio	1.0	%	0.0	%	7.3	%	1.1	%	1.0	%	0.7	%	2.0	%	8.9	%	1.2	%	1.7	%
2007	Loans (% of total, by loan type)	14	%	25	%	9	%	17	%	14	%	11	%	15	%	28	%	26	%	15	%
	NPA + 90+ ratio	11.6	%	0.0	%	19.5	%	7.3	%	2.3	%	1.0	%	0.5	%	9.4	%	0.1	%	3.8	%
	YTD NCO ratio	11.8	%	0.4	%	26.3	%	3.2	%	5.5	%	2.0	%	2.6	%	11.2	%	2.6	%	3.8	%
2006	Loans (% of total, by loan type)	35	%	4	%	18	%	14	%	32	%	13	%	8	%	10	%	11	%	13	%
	NPA + 90+ ratio	15.1	%	0.0	%	29.3	%	12.5	%	3.7	%	1.8	%	0.8	%	10.7	%	0.2	%	6.0	%
	YTD NCO ratio	14.5	%	-18.4	%	20.5	%	5.3	%	10.4	%	4.2	%	3.3	%	11.0	%	4.9	%	6.3	%
2005	Loans (% of total, by loan type)	38	%	2	%	37	%	23	%	26	%	13	%	6	%	8	%	9	%	15	%
	NPA + 90+ ratio	18.8	%	0.0	%	26.5	%	8.4	%	2.4	%	1.5	%	0.7	%	5.9	%	0.2	%	6.0	%
	YTD NCO ratio	23.1	%	2.1	%	15.1	%	3.2	%	6.8	%	2.7	%	2.5	%	9.6	%	4.2	%	5.0	%
2004 & prior	Loans (% of total, by loan type)	11	%	2	%	32	%	24	%	26	%	43	%	4	%	21	%	7	%	24	%
	NPA + 90+ ratio	20.0	%	0.0	%	14.8	%	6.0	%	2.2	%	1.2	%	1.5	%	8.9	%	0.4	%	3.3	%
	YTD NCO ratio	16.3	%	0.0	%	5.9	%	1.7	%	3.7	%	1.4	%	3.6	%	9.3	%	5.2	%	2.3	%
Total	Loans (% of total, by loan type)	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%	100	%
	NPA + 90+ ratio	16.3	%	0.0	%	21.8	%	7.1	%	2.7	%	1.1	%	0.5	%	7.6	%	0.1	%	3.4	%
	YTD NCO ratio	17.3	%	-0.6	%	13.8	%	2.6	%	6.9	%	1.8	%	1.6	%	8.5	%	2.5	%	3.1	%

Note: Consumer net charge-off ratios are calculated using end of period loan balances

Note: Percentages may not sum due to rounding

8

Fourth Quarter 2009 Portfolio Loan and Lease Stratifications

Commercial

9

Total commercial loans ($44.8 billion)
		Florida	Michigan	Other	Total
Other non-owner occupied RE	Loans (% of total)	3%	4%	13%	21%
	NPA ratio	27.4%	9.5%	12.5%	14.2%
	YTD NCO ratio	14.7%	6.1%	5.1%	6.9%
Owner-occupied RE	Loans (% of total)	2%	4%	8%	13%
	NPA ratio	10.5%	5.4%	4.6%	5.5%
	YTD NCO ratio	2.6%	2.7%	1.4%	1.9%
C&I	Loans (% of total)	4%	9%	44%	57%
	NPA ratio	6.4%	3.5%	2.7%	3.0%
	YTD NCO ratio	6.7%	3.5%	2.1%	2.6%
Commercial lease	Loans (% of total)	<1%	1%	7%	8%
	NPA ratio	9.0%	4.2%	1.7%	1.9%
	YTD NCO ratio	0.0%	0.1%	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)	9%	18%	73%	100%
	NPA ratio	15.2%	5.4%	4.6%	5.7%
	YTD NCO ratio	9.2%	4.0%	2.4%	3.3%
C&I	Loans (% of total)	4%	9%	44%	57%
	NPA ratio	6.4%	3.5%	2.7%	3.0%
	YTD NCO ratio	6.7%	3.5%	2.1%	2.6%
Commercial mortgage	Loans (% of total)	3%	7%	16%	26%
	NPA ratio	18.5%	6.4%	7.0%	8.3%
	YTD NCO ratio	7.6%	3.4%	2.5%	3.4%
Commercial construction	Loans (% of total)	2%	1%	6%	8%
	NPA ratio	30.3%	14.8%	16.5%	18.7%
	YTD NCO ratio	18.3%	10.5%	6.6%	9.2%
Commercial lease	Loans (% of total)	<1%	1%	7%	8%
	NPA ratio	9.0%	4.2%	1.7%	1.9%
	YTD NCO ratio	0.0%	0.1%	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)	9%	18%	73%	100%
	NPA ratio	15.2%	5.4%	4.6%	5.7%
	YTD NCO ratio	9.2%	4.0%	2.4%	3.3%
Homebuilders / developers (included in #’s above)	Loans (% of total)	1%	1%	2%	3%
	NPA ratio	50.7%	25.4%	32.7%	35.1%
	YTD NCO ratio	24.9%	20.3%	14.3%	17.5%

NPAs exclude loans held-for-sale

Note: Percentages may not sum due to rounding

10

Total commercial loans ($44.8 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Other non-owner occupied RE	Loans (% of total)	<1%	14%	7%	<1%	21%
	NPA ratio	0.0%	11.0%	20.6%	0.0%	14.2%
	YTD NCO ratio	0.0%	4.8%	10.6%	0.0%	6.9%
Owner-occupied RE	Loans (% of total)	<1%	12%	1%	<1%	13%
	NPA ratio	0.0%	5.2%	8.0%	0.0%	5.5%
	YTD NCO ratio	0.0%	1.8%	2.5%	0.0%	1.9%
C&I	Loans (% of total)	57%	<1%	<1%	<1%	57%
	NPA ratio	3.0%	0.0%	0.0%	0.0%	3.0%
	YTD NCO ratio	2.6%	0.0%	0.0%	0.0%	2.6%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	8%	8%
	NPA ratio	0.0%	0.0%	0.0%	1.9%	1.9%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.2%	0.2%
Other	Loans (% of total)	<1%	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.0%	NM	0.0%	0.0%	NM
Total	Loans (% of total)	57%	26%	8%	8%	100%
	NPA ratio	3.0%	8.3%	18.7%	1.9%	5.7%
	YTD NCO ratio	2.6%	3.4%	9.2%	0.2%	3.3%
Homebuilders / developers (included in #’s above)	Loans (% of total)	<1%	2%	1%	<1%	3%
	NPA ratio	14.7%	34.1%	42.3%	0.0%	35.1%
	YTD NCO ratio	11.8%	15.2%	21.0%	0.0%	17.5%

NPAs exclude loans held-for-sale

Note: Percentages may not sum due to rounding

11

Total commercial loans ($44.8 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)	1	%	1	%	2	%	1	%	1	%	15	%	21	%
	NPA ratio	33.8	%	38.1	%	30.7	%	22.2	%	24.7	%	7.7	%	14.2	%
	YTD NCO ratio	16.7	%	22.4	%	17.6	%	10.2	%	8.1	%	2.5	%	6.9	%
Owner-occupied RE	Loans (% of total)	<1	%	<1	%	<1	%	<1	%	<1	%	13	%	13	%
	NPA ratio	0.0	%	59.0	%	9.2	%	0.0	%	0.5	%	5.4	%	5.5	%
	YTD NCO ratio	0.0	%	1.7	%	5.1	%	0.0	%	NM		1.8	%	1.9	%
C&I	Loans (% of total)	<1	%	<1	%	1	%	<1	%	<1	%	56	%	57	%
	NPA ratio	31.3	%	10.4	%	15.2	%	3.8	%	2.8	%	2.8	%	3.0	%
	YTD NCO ratio	19.3	%	5.4	%	8.4	%	0.5	%	6.9	%	2.5	%	2.6	%
Commercial lease	Loans (% of total)	<1	%	<1	%	<1	%	<1	%	<1	%	8	%	8	%
	NPA ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	1.9	%	1.9	%
	YTD NCO ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.2	%	0.2	%
Other	Loans (% of total)	<1	%	<1	%	<1	%	<1	%	<1	%	<1	%	<1	%
	NPA ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%
	YTD NCO ratio	0.0	%	0.0	%	0.0	%	0.0	%	0.0	%	NM		NM
Total	Loans (% of total)	1	%	1	%	3	%	1	%	1	%	92	%	100	%
	NPA ratio	33.7	%	37.1	%	24.5	%	16.9	%	21.6	%	3.9	%	5.7	%
	YTD NCO ratio	16.8	%	21.3	%	14.4	%	7.6	%	7.6	%	2.2	%	3.3	%
Florida	Loans (% of total)	<1	%	<1	%	<1	%	<1	%	<1	%	7	%	9	%
	NPA ratio	65.4	%	35.5	%	51.0	%	7.8	%	38.2	%	9.5	%	15.2	%
	YTD NCO ratio	20.2	%	36.0	%	36.6	%	9.7	%	12.8	%	4.8	%	9.2	%
Michigan	Loans (% of total)	<1	%	<1	%	1	%	<1	%	<1	%	16	%	18	%
	NPA ratio	24.3	%	31.0	%	16.7	%	29.0	%	2.7	%	4.2	%	5.4	%
	YTD NCO ratio	21.2	%	28.5	%	15.7	%	14.3	%	4.1	%	2.7	%	4.0	%
Other	Loans (% of total)	1	%	1	%	2	%	1	%	1	%	68	%	73	%
	NPA ratio	27.2	%	39.1	%	21.4	%	16.6	%	15.8	%	3.2	%	4.6	%
	YTD NCO ratio	13.5	%	13.2	%	8.6	%	5.3	%	5.3	%	1.8	%	2.4	%
Total	Loans (% of total)	1	%	1	%	3	%	1	%	1	%	92	%	100	%
	NPA ratio	33.7	%	37.1	%	24.5	%	16.9	%	21.6	%	3.9	%	5.7	%
	YTD NCO ratio	16.8	%	21.3	%	14.4	%	7.6	%	7.6	%	2.2	%	3.3	%
Homebuilders / developers (included in #’s above)	Loans (% of total) NPA ratio YTD NCO ratio	1	%	1	%	1	%	<1	%	<1	%	<1	%	3	%
		34.0	%	37.1	%	41.2	%	0.0	%	0.0	%	9.0	%	35.1	%
		15.9	%	18.3	%	19.9	%	0.0	%	0.0	%	12.4	%	17.5	%

NPAs exclude loans held-for-sale

Note: Percentages may not sum due to rounding

12

Total commercial loans ($44.8 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Accommodation	Loans (% of total)	1%	1%	<1%	<1%	2%
	NPA ratio	4.1%	7.1%	9.6%	3.4%	5.5%
	YTD NCO ratio	1.7%	3.5%	0.3%	0.0%	2.3%
Auto manufacturing	Loans (% of total)	1%	<1%	<1%	<1%	1%
	NPA ratio	3.9%	1.7%	0.0%	0.0%	3.5%
	YTD NCO ratio	3.1%	0.0%	0.0%	NM	2.7%
Construction	Loans (% of total)	3%	3%	3%	<1%	8%
	NPA ratio	7.1%	23.7%	32.6%	4.4%	20.5%
	YTD NCO ratio	5.7%	10.5%	15.6%	0.6%	10.8%
Finance & insurance	Loans (% of total)	9%	<1%	<1%	<1%	10%
	NPA ratio	0.9%	5.2%	0.0%	0.0%	1.0%
	YTD NCO ratio	1.0%	0.7%	0.5%	0.0%	0.9%
Manufacturing	Loans (% of total)	11%	1%	<1%	1%	13%
	NPA ratio	3.8%	3.4%	0.0%	1.3%	3.6%
	YTD NCO ratio	1.9%	3.0%	0.0%	0.0%	1.8%
Real estate	Loans (% of total)	4%	13%	4%	<1%	22%
	NPA ratio	5.8%	8.5%	15.2%	0.9%	9.1%
	YTD NCO ratio	4.4%	3.3%	7.1%	0.9%	4.2%
Retail trade	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.5%	6.1%	5.8%	0.1%	3.6%
	YTD NCO ratio	2.3%	2.1%	4.5%	NM	2.2%
Auto retailers	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.7%	9.9%	8.2%	0.0%	4.6%
	YTD NCO ratio	6.2%	2.4%	0.5%	0.0%	5.3%
Wholesale trade	Loans (% of total)	4%	1%	<1%	<1%	5%
	NPA ratio	2.4%	2.8%	4.8%	0.6%	2.4%
	YTD NCO ratio	2.2%	1.7%	0.7%	NM	2.0%
Other	Loans (% of total)	20%	5%	1%	6%	32%
	NPA ratio	2.5%	3.1%	3.1%	2.2%	2.6%
	YTD NCO ratio	2.5%	0.9%	2.4%	0.2%	1.9%
Total	Loans (% of total)	57%	26%	8%	8%	100%
	NPA ratio	3.0%	8.3%	18.7%	1.9%	5.7%
	YTD NCO ratio	2.6%	3.4%	9.2%	0.2%	3.3%

NPAs exclude loans held-for-sale

Note: Percentages may not sum due to rounding

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Total commercial loans ($44.8 billion)
		Florida	Michigan	Other	Total
Accommodation	Loans (% of total)	<1%	<1%	1%	2%
	NPA ratio	13.4%	4.6%	3.3%	5.5%
	YTD NCO ratio	3.0%	2.9%	2.0%	2.3%
Auto manufacturing	Loans (% of total)	<1%	<1%	<1%	1%
	NPA ratio	0.0%	5.4%	1.2%	3.5%
	YTD NCO ratio	0.0%	4.8%	0.6%	2.7%
Construction	Loans (% of total)	1%	1%	6%	8%
	NPA ratio	38.3%	14.3%	18.7%	20.5%
	YTD NCO ratio	21.8%	11.4%	8.6%	10.8%
Finance & insurance	Loans (% of total)	<1%	1%	8%	10%
	NPA ratio	1.5%	0.5%	1.1%	1.0%
	YTD NCO ratio	3.4%	0.3%	0.9%	0.9%
Manufacturing	Loans (% of total)	<1%	2%	11%	13%
	NPA ratio	9.2%	3.1%	3.5%	3.6%
	YTD NCO ratio	6.1%	1.4%	1.7%	1.8%
Real estate	Loans (% of total)	3%	6%	14%	22%
	NPA ratio	24.8%	7.6%	6.3%	9.1%
	YTD NCO ratio	13.9%	4.0%	2.1%	4.2%
Retail trade	Loans (% of total)	<1%	1%	2%	3%
	NPA ratio	6.8%	6.6%	2.1%	3.6%
	YTD NCO ratio	2.8%	4.5%	1.3%	2.2%
Auto retailers	Loans (% of total)	<1%	<1%	2%	3%
	NPA ratio	9.2%	1.7%	4.7%	4.6%
	YTD NCO ratio	12.0%	3.2%	4.9%	5.3%
Wholesale trade	Loans (% of total)	<1%	1%	4%	5%
	NPA ratio	1.3%	2.1%	2.5%	2.4%
	YTD NCO ratio	0.4%	3.3%	1.9%	2.0%
Other	Loans (% of total)	3%	4%	25%	32%
	NPA ratio	1.7%	3.4%	2.5%	2.6%
	YTD NCO ratio	1.2%	3.7%	1.6%	1.9%
Total	Loans (% of total)	9%	18%	73%	100%
	NPA ratio	15.2%	5.4%	4.6%	5.7%
	YTD NCO ratio	9.2%	4.0%	2.4%	3.3%

NPAs exclude loans held-for-sale

Note: Percentages may not sum due to rounding

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Cautionary Statement

This report may contain statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K and our most recent quarterly report on Form 10-Q. When considering these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then actually known to us.

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 nationally 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) maintaining capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third (10) competitive pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies; (13) 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; (14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties in separating Fifth Third Processing Solutions from Fifth Third; (21) loss of income from any sale or potential sale of businesses that could have an adverse effect on Fifth Third’s earnings and future growth;(22) ability to secure confidential information through the use of computer systems and telecommunications networks; and (23) the impact of reputational risk created by these developments on such matters as business generation and retention, funding and liquidity.

You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors, which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements.

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