Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Fixed Charges

($ In Millions)

	Year Ended December 31,
Excluding Interest on Deposits:	2009			2008		2007	2006	2005
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	361		805		1,012	1,172	882
One-Third of Rents, Net of Income from Subleases		29		28		24	22	19
Total Fixed Charges	$	390		833		1,036	1,194	901
Earnings:
Income (Loss) Before Income Taxes & Cumulative Effect	$	767		(2,664	)	1,537	1,627	2,208
Fixed Charges		390		833		1,036	1,194	901
Total Earnings	$	1,157		(1,831	)	2,573	2,821	3,109
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits		2.97	x	N/A	(a)	2.48	2.36	3.45
Coverage Deficiency		—		(2,664	)	—	—	—
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	1,314		2,094		3,018	3,082	2,030
One-Third of Rents, Net of Income from Subleases		29		28		24	22	19
Total Fixed Charges	$	1,343		2,122		3,042	3,104	2,049
Earnings:
Income (Loss) Before Income Taxes & Cumulative Effect	$	767		(2,664	)	1,537	1,627	2,208
Fixed Charges		1,343		2,122		3,042	3,104	2,049
Total Earnings	$	2,110		(542	)	4,579	4,731	4,257
Ratio of Earnings to Fixed Charges, Including Interest On Deposits		1.57	x	N/A	(a)	1.51	1.52	2.08
Coverage Deficiency		—		(2,664	)	—	—	—

(a) Earnings were inadequate to cover fixed charges by $2.7 billion