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): April 22, 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 April 22, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the first quarter of 2010. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.2, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 7.01 Regulation FD Disclosure

On April 22, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the first quarter of 2010. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.2, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

For the benefit of its investors, Fifth Third Bancorp is furnishing information regarding its trends and certain information regarding its portfolio of loans and leases. Copies of these items are attached as Exhibits 99.3 and 99.4, 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 April 22, 2010
Exhibit 99.2	–	Quarterly Financial Supplement
Exhibit 99.3	–	First Quarter 2010 Trends
Exhibit 99.4	–	First Quarter 2010 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)
April 22, 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) 579-4153	April 22, 2010

FIFTH THIRD BANCORP ANNOUNCES FIRST QUARTER 2010 RESULTS

Significant improvement in credit trends and continued strong operating results

• First quarter 2010 net loss of $10 million; $0.09 per diluted share

• Fourth quarter 2009 net loss of $98 million; $0.20 per diluted share

• Per share results include preferred dividends which reduced net income available to common shareholders by $0.08 per diluted share

• Significantly improved credit trends

• Nonperforming assets declined 3 percent and nonperforming loans declined 7 percent sequentially (lowest levels since 2Q09)

• Net charge-offs declined $126 million or 18 percent sequentially (lowest level since 1Q09)

• Total delinquencies declined 15 percent sequentially (lowest level since 3Q07), driven by lower loans 90 days past due

• Allowance to loan ratio increased to 4.91 percent, 139 percent of nonperforming loans and leases, and allowance of 1.6 times annualized 1Q10 net charge-offs

• Pre-provision net revenue (PPNR)* of $568 million up $6 million from 4Q09

• Net interest income increased $19 million, or 2 percent, sequentially; net interest margin of 3.63 percent, up 8 bps from the previous quarter

• Noninterest income down 4 percent sequentially, reflecting continued strong mortgage banking revenue more than offset by expected lower TSA revenue, warrant gains in 4Q09, and seasonality

• Noninterest expense down 1 percent sequentially, driven by expected lower TSA expense

• Capital and liquidity position remain very strong

• Average loans increased 1 percent, reflecting impact of consolidation due to accounting guidance adopted on January 1, 2010

• Average core deposits up 14 percent, wholesale funding down 42 percent from a year ago

• Tangible common equity ratio of 6.37 percent, Tier 1 common ratio of 6.97 percent, Leverage ratio of 12.00 percent, Tier 1 ratio of 13.40 percent, total capital ratio of 17.55 percent

• Extended $18 billion of new and renewed credit in the first quarter

* Pre-provision net revenue (PPNR): net interest income plus noninterest income minus noninterest expense.

Fifth Third Bancorp (Nasdaq: FITB) today reported a first quarter 2010 net loss of $10 million compared with a net loss of $98 million in the fourth quarter of 2009 and net income of $50 million in the first quarter of 2009. After preferred dividends, the first quarter 2010 net loss available to common shareholders was $72 million or $0.09 per diluted share, compared with a fourth quarter net loss of $160 million or $0.20 per diluted share, and a net loss of $26 million or $0.04 per diluted share in the first quarter of 2009.

First quarter 2009 net income included $121 million after-tax, or $0.21 per share, in benefits related to the decision to surrender one of our bank-owned life insurance (BOLI) policies, which included lower tax expense partially offset by non-cash charges, and also related to our agreement with the IRS to settle all of Fifth Third’s disputed leveraged leases for all open years, which included a reduction in tax expense partially offset by a reduction in net interest income.

Earnings Highlights

	For the Three Months Ended															% Change
	March 2010			December 2009			September 2009			June 2009			March 2009			Seq		Yr/Yr
Earnings ($ in millions)
Net income (loss)	($	10	)	($	98	)	($	97	)	$	882		$	50		89	%	NM
Net income (loss) available to common shareholders	($	72	)	($	160	)	($	159	)	$	856		($	26	)	55	%	(175	%)
Common Share Data
Earnings per share, basic		(0.09	)		(0.20	)		(0.20	)		1.35			(0.04	)	(55	%)	(125	%)
Earnings per share, diluted		(0.09	)		(0.20	)		(0.20	)		1.15			(0.04	)	(55	%)	(125	%)
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01		—		—
Financial Ratios
Return on average assets		(.04	%)		(.35	%)		(.34	%)		3.05	%		0.17	%	89	%	NM
Return on average common equity		(3.0	)		(6.3	)		(6.1	)		41.2			(1.4	)	52	%	(114	%)
Tier I capital		13.40			13.31			13.19			12.90			10.93		1	%	23	%
Tier I common equity		6.97			7.00			7.01			6.94			4.50		—		16	%
Net interest margin (a)		3.63			3.55			3.43			3.26			3.06		2	%	19	%
Efficiency (a)		62.6			63.1			50.8			29.9			65.1		(1	%)	(4	%)
Common shares outstanding (in thousands)		794,816			795,068			795,316			795,313			576,936		—		38	%
Average common shares outstanding (in thousands):
Basic		790,473			790,442			790,334			629,789			571,810		—		38	%
Diluted		790,473			790,442			790,334			718,245			571,810		—		38	%

(a) Presented on a fully taxable equivalent basis

NM: Not Meaningful

“First quarter results showed continued significant improvement, reflecting not only lower credit costs but also stronger than expected pre-provision earnings” said Kevin Kabat, chairman, CEO and president of Fifth Third Bancorp. “Since the beginning of the credit crisis, we have focused on addressing the sources of credit issues, on aggressively identifying and resolving problem loans. At the same time, we’ve sought to ensure that we were appropriately reserved and capitalized for the deterioration that we expected to occur as the credit cycle unfolded.

I believe our results this quarter reflect the benefit of those actions and efforts. Delinquent loans declined 15 percent to the lowest level since 2007. Nonperforming loans declined 7 percent to the lowest level we’ve seen since mid-2009. And net charge-offs declined $126 million or 18 percent, representing the lowest level

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experienced since the first quarter of 2009. Reserve coverage levels remain very strong, at 4.91 percent of loans, 139 percent of nonperforming loans, and 1.6 times annualized first quarter charge-offs.

We currently expect to see continued credit improvement in the second quarter, with delinquencies and nonperforming assets remaining relatively stable and charge-offs down another $100 million or so in the second quarter. We also expect full year charge-offs to be significantly below the $2.6 billion we experienced in 2009. Given recent credit trends and our current expectations for future credit results, we expect loan loss reserves to begin to come down next quarter. These expectations are dependent on economic trends remaining consistent with our current outlook.

Operating results also showed improvement. Pre-provision net revenue of $568 million reflected solid net interest income growth, better than expected fee income results, and lower expenses. Net interest income increased 2 percent from last quarter despite continued weak loan demand and excess liquidity. Average loans increased 1 percent and average core deposits increased 6 percent sequentially. Wholesale borrowings are down 42 percent from a year ago, reflecting our strong liquidity position. Noninterest income was down 4 percent from a seasonally strong fourth quarter with mortgage banking results stronger than expected. Noninterest expense was down 1 percent sequentially despite continued elevated credit-related expenses and investments in our business.

Capital levels remained strong, including a Tier 1 common equity ratio of 7.0 percent and a Tier 1 capital ratio of 13.4 percent. We expect second quarter capital levels to remain consistent with first quarter levels and to begin to reflect organic growth as our earnings results continue to improve.”

Income Statement Highlights

	For the Three Months Ended														% Change
	March 2010			December 2009			September 2009			June 2009		March 2009			Seq		Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	901		$	882		$	874		$	836	$	781		2	%	15	%
Provision for loan and lease losses		590			776			952			1,041		773		(24	%)	(24	%)
Total noninterest income		627			651			851			2,583		697		(4	%)	(10	%)
Total noninterest expense		956			967			876			1,021		962		(1	%)	(1	%)
Income (loss) before income taxes (taxable equivalent)		(18	)		(210	)		(103	)		1,357		(257	)	92	%	93	%
Taxable equivalent adjustment		4			4			5			5		5		—		(20	%)
Applicable income taxes		(12	)		(116	)		(11	)		470		(312	)	90	%	96	%
Net income (loss)		(10	)		(98	)		(97	)		882		50		89	%	NM
Dividends on preferred stock		62			62			62			26		76		—		(18	%)
Net income (loss) available to common shareholders		(72	)		(160	)		(159	)		856		(26	)	55	%	(175	%)
Earnings per share, diluted	($	0.09	)	($	0.20	)	($	0.20	)	$	1.15	($	0.04	)	(55	%)	(125	%)
NM: Not Meaningful

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Net Interest Income

	For the Three Months Ended															% Change
	March 2010			December 2009			September 2009			June 2009			March 2009			Seq		Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,147		$	1,147		$	1,174		$	1,184		$	1,183		—		(3	%)
Total interest expense		246			265			300			348			402		(7	%)	(39	%)
Net interest income (taxable equivalent)	$	901		$	882		$	874		$	836		$	781		2	%	15	%
Average Yield
Yield on interest-earning assets		4.62	%		4.61	%		4.61	%		4.62	%		4.63	%	—		—
Yield on interest-bearing liabilities		1.29	%		1.39	%		1.51	%		1.67	%		1.89	%	(7	%)	(32	%)
Net interest rate spread (taxable equivalent)		3.33	%		3.22	%		3.10	%		2.95	%		2.74	%	3	%	22	%
Net interest margin (taxable equivalent)		3.63	%		3.55	%		3.43	%		3.26	%		3.06	%	2	%	19	%
Average Balances ($ in millions)
Loans and leases, including held for sale	$	80,136		$	79,920		$	82,888		$	84,996		$	85,829		—		(7	%)
Total securities and other short-term investments		20,559			18,869			18,065			17,762			17,835		9	%	15	%
Total interest-bearing liabilities		77,655			75,815			78,759			83,407			86,218		2	%	(10	%)
Shareholders’ equity		13,518			13,724			13,885			12,490			12,084		(2	%)	12	%

Net interest income of $901 million on a taxable equivalent basis increased $19 million, or 2 percent, from the fourth quarter of 2009. The net interest margin was 3.63 percent, up 8 bps from 3.55 percent the previous quarter. The sequential increase in net interest income and net interest margin was largely driven by reduced funding costs and deposit mix shift to lower cost core deposits from higher priced term deposits as well as continued realization of more attractive spreads on loans originated during the quarter. Net interest income also benefitted by approximately $10 million from the effect of the consolidation of loans in accordance with accounting guidance adopted on January 1, 2010,

Compared with the first quarter of 2009, net interest income increased $120 million and the net interest margin increased 57 bps from 3.06 percent, largely the result of the mix shift from higher cost term deposits to lower cost deposit products throughout the year, partially offset by reduced loan demand.

Average Securities

During the quarter, average securities and other short-term investments increased by $1.7 billion. The increase was driven by a $2 billion sequential increase in average short-term investments, reflecting excess liquidity. The full-quarter effect of fourth quarter purchases of agency mortgage-backed securities was largely offset by the impact of the consolidation of certain of our off-balance sheet conduits at the beginning of the quarter. The consolidation reduced securities balances by approximately $940 million on a net basis.

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Average Loans

	For the Three Months Ended										% Change
	March 2010		December 2009		September 2009		June 2009		March 2009		Seq		Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial and industrial loans	$	26,294	$	25,816	$	27,400	$	28,027	$	28,949	2	%	(9	%)
Commercial mortgage		11,708		11,981		12,269		12,463		12,508	(2	%)	(6	%)
Commercial construction		3,700		4,024		4,337		4,672		4,987	(8	%)	(26	%)
Commercial leases		3,467		3,574		3,522		3,512		3,564	(3	%)	(3	%)
Subtotal - commercial loans and leases		45,169		45,395		47,528		48,674		50,008	—		(10	%)
Consumer:
Residential mortgage loans		7,976		8,129		8,355		8,713		9,195	(2	%)	(13	%)
Home equity		12,338		12,291		12,452		12,636		12,763	—		(3	%)
Automobile loans		10,185		8,973		8,871		8,692		8,687	14	%	17	%
Credit card		1,940		1,982		1,955		1,863		1,825	(2	%)	6	%
Other consumer loans and leases		773		831		899		995		1,083	(7	%)	(29	%)
Subtotal - consumer loans and leases		33,212		32,206		32,532		32,899		33,553	3	%	(1	%)
Total average loans and leases (excluding held for sale)	$	78,381	$	77,601	$	80,060	$	81,573	$	83,561	1	%	(6	%)
Average loans held for sale		1,756		2,319		2,828		3,422		2,268	(24	%)	(23	%)

Average portfolio loan and lease balances increased 1 percent sequentially and declined 6 percent from the first quarter of 2009.

Average commercial loan and lease balances were flat sequentially and declined 10 percent from the first quarter of 2009. Commercial and industrial (C&I) average loans increased 2 percent sequentially and declined 9 percent from the previous year. Sequential growth was driven by the addition of $724 million in C&I balances that were consolidated on January 1, 2010. Excluding this impact, sequential and year-over-year declines were impacted by continued low demand and lower customer line utilization, which was 34 percent of committed lines in the first quarter versus 35 and 41 percent in the fourth quarter and first quarter of 2009 respectively. Average commercial mortgage and commercial construction loan balances declined by a combined 4 percent sequentially and 12 percent from the same period the previous year, reflecting low customer demand and tighter underwriting standards.

Average consumer loan and lease balances increased 3 percent sequentially and declined 1 percent from the first quarter of 2009. The sequential increase was driven by $1.2 billion of securitized auto loans and $263 million of home equity loans that were consolidated on January 1, 2010. Excluding the impact of these consolidations, average consumer loan and lease balances declined 1 percent sequentially and 5 percent from the first quarter of 2009. Sequential declines reflect lower demand for consumer loans and leases, while year-over-year declines in residential mortgage loans and home equity were partially offset by growth in auto loans and credit card.

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 were $1.5 billion at quarter end.

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Average Deposits

	For the Three Months Ended										% Change
	March 2010		December 2009		September 2009		June 2009		March 2009		Seq		Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	18,822	$	18,137	$	17,059	$	16,689	$	15,532	4	%	21	%
Interest checking		19,533		16,324		14,869		14,837		14,229	20	%	37	%
Savings		18,469		17,540		16,967		16,705		16,272	5	%	13	%
Money market		4,622		4,279		4,280		4,167		4,559	8	%	1	%
Foreign office (a)		2,757		2,516		2,432		1,717		1,755	10	%	57	%
Subtotal - Transaction deposits		64,203		58,796		55,607		54,115		52,347	9	%	23	%
Other time		12,059		13,049		14,264		14,612		14,501	(8	%)	(17	%)
Subtotal - Core deposits		76,262		71,845		69,871		68,727		66,848	6	%	14	%
Certificates - $100,000 and over		7,049		8,200		10,055		11,455		11,802	(14	%)	(40	%)
Other		8		51		95		240		247	(85	%)	(97	%)
Total deposits	$	83,319	$	80,096	$	80,021	$	80,422	$	78,897	4	%	6	%

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

Average core deposits increased 6 percent sequentially and 14 percent from the first quarter of 2009. 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 mature, while demand deposits and interest checking balances continue to reflect excess customer liquidity, particularly public funds. Average transaction deposits excluding consumer time deposits were up 9 percent from fourth quarter of 2009 and increased 23 percent from the same period the previous year.

Retail average core deposits increased 1 percent sequentially and 3 percent from the first quarter of 2009. Sequential growth in savings, interest checking, and foreign deposits was partially offset by a decline in consumer CD balances. On a year-over-year basis, growth in savings, foreign deposits, and interest checking was partially offset by lower money market and consumer CD balances. Commercial average core deposits increased 20 percent sequentially and 46 percent from the previous year, reflecting excess customer liquidity. Sequential growth was driven by a $1.9 billion increase in average public funds balances and year-over-year growth was driven by interest checking and DDA, due to higher average account balances.

Noninterest Income

	For the Three Months Ended												% Change
	March 2010		December 2009		September 2009			June 2009		March 2009			Seq		Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	142	$	159	$	164		$	162	$	146		(11	%)	(3	%)
Corporate banking revenue		81		89		77			93		113		(8	%)	(28	%)
Mortgage banking net revenue		152		132		140			147		134		15	%	14	%
Investment advisory revenue		91		86		82			79		79		5	%	14	%
Card and processing revenue		73		76		74			243		223		(4	%)	(67	%)
Gain on sale of processing business		—		—		(6	)		1,764		—		NM		NM
Other noninterest income		74		107		312			49		10		(30	%)	633	%
Securities gains (losses), net		14		2		8			5		(24	)	600	%	NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—			41		16		NM		(100	%)
Total noninterest income	$	627	$	651	$	851		$	2,583	$	697		(4	%)	(10	%)

NM: Not Meaningful

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Noninterest income of $627 million decreased $24 million sequentially and $70 million from a year ago. Sequential growth in mortgage banking and investment advisory revenue was more than offset by declines in corporate banking revenue, service charges on deposits, and other noninterest income. The decline from a year ago was driven by the effect of processing business sale.

Noninterest income was negatively impacted by both a $9 million decline in fair value on a total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares and $2 million in mark-to-market adjustments on warrants related to the processing business sale. Results benefited from $13 million in revenue associated with the transition service agreement (TSA) entered into as part of our processing business sale, under which the Bancorp provides services to the processing business to support its operations during the deconversion period. Fourth quarter 2009 results included a benefit of $20 million in mark-to-market adjustments on warrants related to the processing business sale and $39 million in revenue from the TSA. First quarter 2009 results included $54 million in charges related to one of our BOLI policies. Excluding these items, as well as investment securities gains/losses in all periods, noninterest income increased by $21 million, or 4 percent, from the previous quarter, driven by strong mortgage banking revenue and lower credit-related costs, partially offset by the effects of seasonality. On the same basis, the $164 million, or 21 percent, decrease from the first quarter of 2009 was largely due to merchant processing and financial institution revenue in the first quarter of 2009 that was included with the processing business sale on June 30, 2009.

Service charges on deposits of $142 million declined 11 percent sequentially and 3 percent compared with the same quarter last year. Retail service charges declined 16 percent from the previous quarter and 5 percent compared with the first quarter of 2009. The sequential decline was largely driven by seasonality as well as a reduction of NSF fees related to fewer occurrences. The year-over-year decline was largely driven by the changes in overdraft policies. Commercial service charges decreased 6 percent sequentially and 1 percent versus last year, reflecting seasonality and higher client use of compensating balances to pay for treasury management services.

Corporate banking revenue of $81 million decreased 8 percent from seasonally strong fourth quarter 2009 results and declined 28 percent from the same period the previous year. Sequential results were driven by declines in business lending fees, foreign exchange revenue, and institutional sales, partially offset by modest growth in interest rate derivative sales 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. Results were impacted by a significant effect of lower loan demand and volume, affecting sales of corporate bonds and loan-related services such as interest rate derivatives.

Mortgage banking net revenue was $152 million in the first quarter of 2010, an increase of $20 million from fourth quarter 2009 results and an increase of $18 million from the first quarter of 2009. First quarter 2010 originations of $3.5 billion declined from strong levels of $4.8 billion in the previous quarter and $5.0 billion in

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the first quarter of 2009. First quarter 2010 originations resulted in gains of $70 million on mortgages sold compared with gains of $97 million during the previous quarter and $130 million during the same period in 2009. Net servicing revenue, before MSR valuation adjustments, totaled $31 million in the first quarter, compared with $26 million last quarter and $2 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 $51 million in the first quarter of 2010, compared with a net gain of $9 million last quarter and a net gain of $1 million a year ago. The mortgage-servicing asset, net of the valuation reserve, was $725 million at quarter end on a servicing portfolio of $50 billion.

Investment advisory revenue of $91 million was up 5 percent sequentially and up 14 percent from the first quarter of 2009. Sequential results were driven by seasonal growth in tax-related private client services fees and brokerage fees, partially offset by declines in institutional trust and mutual fund fees. On a year-over-year basis, growth in brokerage fees, private client services, and institutional trust revenue, primarily due to higher retail trading volumes and market value increases, was offset by lower mutual fund fees.

Card and processing revenue was $73 million in the first quarter of 2010, a decrease of 4 percent from the previous quarter due to seasonality. Results in the first quarter of 2009 included $155 million in merchant processing revenue and financial institutions revenue, which are now part of the processing business that was sold. Excluding the divested revenue, card and processing revenue increased by $5 million, or 8 percent, from the previous year due to growth in debit card transaction volumes.

Other noninterest income totaled $74 million in the first quarter of 2010 versus $107 million in the previous quarter and $10 million in the first quarter of 2009. First quarter 2010 results included the previously mentioned $9 million decline in fair value on a total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares, and $2 million decline in the valuation of warrants related to the processing business sale. First quarter results also included $13 million of TSA revenue and $5 million of revenue from our equity interest in the processing business. Fourth quarter 2009 results included a benefit of $20 million from the valuation of the processing business warrants, $39 million of TSA revenue, and $8 million of revenue from our processing business equity interest. First quarter 2009 results included $54 million in charges related to one of our BOLI policies. Excluding these items, other noninterest income increased $27 million from the previous quarter and $3 million from the first quarter of 2009. Credit-related costs recognized in noninterest income were $1 million in the first quarter of 2010, versus $30 million last quarter and $3 million in the first quarter of 2009. This quarter, we realized $25 million of net gains on the sale of loans held-for-sale which were offset by $9 million of fair value charges on commercial loans held-for-sale and $16 million of losses on the sale of other real estate owned (OREO). Fourth quarter 2009 results included net gains of $8 million on sale of loans held-for-sale, $17 million of fair value charges on commercial loans held-for-sale, and $21 million of losses on the sale of OREO. First quarter 2009 results included net gains of $11 million on the sale of loans, offset by $14 million of losses on the sale of OREO.

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There were no net securities gains on non-qualifying hedges on MSRs in the first quarter of 2010 or in the previous quarter while first quarter 2009 results included gains of $16 million.

Net gains on investment securities were $14 million in the first quarter of 2010, compared with securities gains of $2 million in the previous quarter and net losses of $24 million in the same period the previous year.

Noninterest Expense

	For the Three Months Ended										% Change
	March 2010		December 2009		September 2009		June 2009		March 2009		Seq		Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	329	$	331	$	335	$	346	$	327	(1	%)	1	%
Employee benefits		86		69		83		75		83	24	%	3	%
Net occupancy expense		76		75		75		79		79	2	%	(3	%)
Technology and communications		45		47		43		45		45	(5	%)	—
Equipment expense		30		31		30		31		31	(4	%)	(5	%)
Card and processing expense		25		27		25		75		67	(7	%)	(63	%)
Other noninterest expense		365		387		285		370		330	(6	%)	11	%
Total noninterest expense	$	956	$	967	$	876	$	1,021	$	962	(1	%)	(1	%)

Noninterest expense of $956 million decreased $11 million sequentially and decreased $6 million from a year ago. Other noninterest expense included a $4 million charge to increase the litigation reserve associated with bank card association memberships, compared with $22 million of such charges in the fourth quarter of 2009. During the first quarter we incurred approximately $13 million in operating expenses related to the processing business that were offset with revenue under the TSA reported in other noninterest income. TSA related expenses were $39 million in the fourth quarter of 2009. First quarter 2009 results included $8 million in severance expense. Excluding these items, first quarter 2010 noninterest expense increased by $33 million from the previous quarter, or 4 percent, and decreased by $15 million from a year ago, or 2 percent. This remaining sequential increase reflected an $18 million increase in credit-related expenses, outlined below, as well as a $16 million seasonal increase in FICA and unemployment costs. The decrease from a year ago was primarily driven by lower provision expense for unfunded commitments.

Expenses incurred related to problem assets totaled $91 million in the first quarter of 2010, compared with $73 million in the fourth quarter and $94 million in the first quarter of 2009. Noninterest expenses related to mortgage repurchase reserves were $39 million, compared with $18 million in the fourth quarter of 2009 and $6 million a year ago. (Realized repurchase losses realized were $13 million in the first quarter of 2010, compared with $14 million and $10 million in the fourth and first quarters of 2009.) Provision expense for unfunded commitments was $9 million in the first quarter of 2010 versus $11 million last quarter and $36 million a year ago. Derivative valuation adjustments related to customer credit risk resulted in an $8 million expense this quarter versus a $2 million gain last quarter and a $15 million expense a year ago. OREO expense was $6 million this quarter, compared with $9 million last quarter and $4 million a year ago. Other work-out related expenses were $29 million in the first quarter, compared with $37 million the previous quarter and $32 million in the same period last year.

9

Credit Quality

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Total net losses charged off ($ in millions)
Commercial and industrial loans	($	161	)	($	183	)	($	256	)	($	177	)	($	103	)
Commercial mortgage loans		(99	)		(142	)		(118	)		(85	)		(77	)
Commercial construction loans		(78	)		(135	)		(126	)		(79	)		(76	)
Commercial leases		(4	)		(8	)		—			(1	)		—
Residential mortgage loans		(88	)		(78	)		(92	)		(112	)		(75	)
Home equity		(73	)		(82	)		(80	)		(88	)		(72	)
Automobile loans		(31	)		(32	)		(34	)		(36	)		(46	)
Credit card		(44	)		(44	)		(45	)		(45	)		(36	)
Other consumer loans and leases		(4	)		(4	)		(5	)		(3	)		(5	)
Total net losses charged off		(582	)		(708	)		(756	)		(626	)		(490	)
Total losses		(622	)		(743	)		(796	)		(658	)		(521	)
Total recoveries		40			35			40			32			31
Total net losses charged off	($	582	)	($	708	)	($	756	)	($	626	)	($	490	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		3.01	%		3.62	%		3.75	%		3.08	%		2.38	%
Commercial		3.07	%		4.08	%		4.17	%		2.81	%		2.08	%
Consumer		2.93	%		2.97	%		3.13	%		3.48	%		2.82	%

Net charge-offs were $582 million in the first quarter of 2010, or 301 bps of average loans on an annualized basis. Fourth quarter net charge-offs were $708 million, or 362 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 46 percent of total losses during the quarter and 27 percent of total loans and leases.

Commercial net charge-offs were $342 million, or 307 bps, in the first quarter of 2010, a decrease of $126 million from the fourth quarter of 2009. Within the commercial portfolio, C&I losses were $161 million, a decrease of $22 million from the previous quarter. Within C&I, losses on loans to companies in real estate-related industries were $51 million, a decrease of $20 million from the previous quarter. Commercial mortgage net losses totaled $99 million, a decrease of $43 million from the previous quarter, with Michigan and Florida accounting for 53 percent of losses. Commercial construction net losses were $78 million, a decrease of $57 million from the previous quarter, with Michigan and Florida accounting for 40 percent of losses. Across all commercial portfolios, net losses on residential builder and developer portfolio loans totaled $81 million, down $29 million from the fourth quarter. These homebuilder losses included $39 million on commercial construction loans, $37 million on commercial mortgage loans, and $5 million on C&I loans. Originations of homebuilder/developer loans were suspended in 2007 and the remaining portfolio balance totals $1.3 billion.

Consumer net charge-offs of $240 million, or 293 bps, were flat compared with the fourth quarter of 2009. Net charge-offs within the residential mortgage portfolio were $88 million, an increase of $10 million from the previous quarter, with losses in Michigan and Florida representing 68 percent of losses in the first quarter and approximately 42 percent of total residential mortgage loans. Home equity net charge-offs of $73 million

10

decreased $9 million sequentially, with Michigan and Florida representing 44 percent of first quarter home equity losses and 29 percent of total home equity loans. Net losses on brokered home equity loans were $29 million, down $5 million sequentially, and represented 40 percent of first quarter home equity losses and 16 percent of the total home equity portfolio. The home equity portfolio included $1.9 billion of brokered loans; originations of these loans were discontinued in 2007. Net charge-offs in the auto portfolio of $31 million decreased $1 million from the fourth quarter of 2009 and net losses on consumer credit card loans were $44 million, consistent with the previous quarter.

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	3,749		$	3,681		$	3,485		$	3,070		$	2,787
Impact of cumulative effect of change in accounting principle		45			—			—			—			—
Total net losses charged off		(582	)		(708	)		(756	)		(626	)		(490	)
Provision for loan and lease losses		590			776			952			1,041			773
Allowance for loan and lease losses, ending		3,802			3,749			3,681			3,485			3,070
Reserve for unfunded commitments, beginning		294			284			239			231			195
Impact of cumulative effect of change in accounting principle		(43	)		—			—			—			—
Provision for unfunded commitments		9			10			45			8			36
Reserve for unfunded commitments, ending		260			294			284			239			231
Components of allowance for credit losses:
Allowance for loan and lease losses		3,802			3,749			3,681			3,485			3,070
Reserve for unfunded commitments		260			294			284			239			231
Total allowance for credit losses	$	4,062		$	4,043		$	3,965		$	3,724		$	3,301
Allowance for loan and lease losses ratio
As a percent of loans and leases		4.91	%		4.88	%		4.69	%		4.28	%		3.72	%
As a percent of nonperforming loans and leases (a) (b)		139	%		127	%		125	%		135	%		128	%
As a percent of nonperforming assets (a) (b)		122	%		116	%		114	%		123	%		116	%

(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.

Provision for loan and lease losses totaled $590 million in the first quarter of 2010, down $186 million from the fourth quarter and exceeding net charge-offs by $8 million. The allowance for loan and lease losses represented 4.91 percent of total loans and leases outstanding as of quarter end, compared with 4.88 percent last quarter, and represented 139 percent of nonperforming loans and leases and 161 percent of first quarter annualized net charge-offs.

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	As of
	March 2010			December 2009			September 2009			June 2009			March 2009
Nonperforming Assets and Delinquent Loans ($ in millions)
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	746		$	734		$	752		$	603		$	667
Commercial mortgage loans		853			898			912			760			692
Commercial construction loans		479			646			697			684			551
Commercial leases		55			67			51			51			27
Residential mortgage loans		266			275			267			262			265
Home equity		23			21			24			26			25
Automobile loans		1			1			1			1			2
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual loans and leases	$	2,423		$	2,642		$	2,704		$	2,387		$	2,229
Restructured loans and leases - commercial (non accrual)		39			47			18			12			—
Restructured loans and leases - consumer (non accrual)		271			258			225			188			167
Total nonperforming loans and leases	$	2,733		$	2,947		$	2,947		$	2,587		$	2,396
Repossessed personal property		21			22			22			21			25
Other real estate owned (a)		375			275			251			232			227
Total nonperforming assets (b)	$	3,129		$	3,244		$	3,220		$	2,840		$	2,648
Nonaccrual loans held for sale		239			220			286			352			403
Restructured loans - commercial (non accrual) held for sale		4			4			2			—			—
Total nonperforming assets including loans held for sale	$	3,372		$	3,468		$	3,508		$	3,192		$	3,051
Restructured Consumer loans and leases (accrual)	$	1,480		$	1,392		$	1,280		$	1,074		$	615
Restructured Commercial loans and leases (accrual)	$	76		$	68			—			—			—
Total loans and leases 90 days past due	$	436		$	567		$	992		$	762		$	733
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		3.51	%		3.82	%		3.75	%		3.17	%		2.89	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		4.02	%		4.22	%		4.09	%		3.48	%		3.20	%

(a) Excludes government insured advances.

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

Nonperforming assets (NPAs) at quarter end were $3.1 billion or 4.02 percent of total loans, leases and OREO, and decreased $115 million, or 4 percent, from the previous quarter. Including $243 million of nonaccrual loans classified as held-for-sale, total NPAs were $3.4 billion and were down $96 million, or 3 percent compared with the fourth quarter. In aggregate, Florida and Michigan represented approximately 45 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 first quarter.

Commercial NPAs at quarter-end were $2.4 billion, or 5.39 percent of commercial loans, leases and OREO, and declined $126 million, or 5 percent, from the fourth quarter of 2009. Commercial construction portfolio NPAs were $569 million, a decline of $138 million from the fourth quarter of 2009. Commercial mortgage NPAs were $1 billion, a sequential increase of $17 million. Commercial real estate loans in Michigan and Florida represented 47 percent of commercial real estate NPAs and 38 percent of our total commercial real estate portfolio. C&I portfolio NPAs of $788 million increased $7 million from the previous quarter. Within the commercial loan portfolio, residential real estate builder and developer portfolio NPAs were down $28 million from the fourth quarter to $520 million, of which $232 million were commercial construction assets, $265 million were commercial mortgage assets and $23 million were C&I assets. Commercial NPAs included $39 million of nonaccrual troubled debt restructurings (TDRs), compared with $47 million last quarter.

12

At quarter-end, $243 million of commercial nonaccrual loans were held-for-sale, compared with $224 million at the end of the fourth quarter, and included $80 million from loans transferred to held-for-sale during the first quarter. During the quarter, we also transferred $28 million of loans from loans held-for-sale to OREO. Loans held-for-sale are carried at the lower of cost or market, and this portfolio is currently recorded at 32 percent of original balances. We recorded negative valuation adjustments of $9 million on held-for-sale loans and we recorded net gains of $25 million on loans that were sold or settled, including loans moved to held-for-sale and sold during the quarter.

Consumer NPAs of $715 million, or 2.16 percent of consumer loans, leases and OREO, increased $10 million, or 1 percent, from the fourth quarter of 2009. Of consumer NPAs, $590 million were in residential real estate portfolios. Residential mortgage NPAs were $521 million, down $2 million from the previous quarter. Home equity NPAs decreased $1 million from last quarter to $70 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 TDRs were $271 million in the first quarter of 2010, compared with $258 million in the fourth quarter of 2009.

First quarter OREO balances included in NPAs were $375 million compared with $275 million in the fourth quarter of 2009, and included $220 million in commercial real estate assets, $113 million in residential mortgage assets, and $20 million in home equity assets. Repossessed personal property of $21 million largely consisted of autos.

Loans still accruing over 90 days past due were $436 million, down $131 million from the fourth quarter of 2009. Commercial balances 90 days past due declined $78 million to $120 million in the first quarter of 2010. Consumer balances 90 days past due of $316 million declined by $53 million from the previous quarter. Loans 30-89 days past due of $917 million increased $22 million or 2 percent from the fourth quarter. Commercial balances 30-89 days past due were up $34 million sequentially and consumer balances 30-89 days past due were down $12 million from the fourth quarter.

13

Capital Position

	For the Three Months Ended
	March 2010		December 2009		September 2009		June 2009		March 2009
Capital Position
Average shareholders’ equity to average assets	11.92	%	12.31	%	12.24	%	10.78	%	10.18	%
Tangible equity (a)	9.67	%	9.71	%	10.08	%	9.72	%	7.89	%
Tangible common equity (excluding unrealized gains/losses) (a)	6.37	%	6.45	%	6.74	%	6.55	%	4.23	%
Tangible common equity (including unrealized gains/losses) (a)	6.61	%	6.64	%	6.98	%	6.67	%	4.35	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)	7.04	%	7.06	%	7.07	%	6.96	%	4.51	%
Regulatory capital ratios: (c)
Tier I capital	13.40	%	13.31	%	13.19	%	12.90	%	10.93	%
Total risk-based capital	17.55	%	17.48	%	17.43	%	16.96	%	15.13	%
Tier I leverage	12.00	%	12.43	%	12.34	%	12.17	%	10.29	%
Tier I common equity	6.97	%	7.00	%	7.01	%	6.94	%	4.50	%
Book value per share	12.31		12.44		12.69		12.71		13.61
Tangible book value per share (a)	9.16		9.26		9.50		9.51		8.79

(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.

Capital ratios were relatively stable during the quarter and included the effect of the consolidation of certain of our off-balance sheet conduits at the beginning of the quarter. The corresponding cumulative effect of change in accounting principle reduced equity by $77 million. Compared with the prior quarter, the Tier 1 common equity ratio decreased 3 bps to 6.97 percent, the Tier 1 capital ratio increased 9 bps to 13.40 percent, and the total capital ratio increased 7 bps to 17.55 percent. The tangible common equity to tangible assets ratio decreased 8 bps to 6.37 percent. Book value per share at March 31, 2010 was $12.31 and tangible book value per share was $9.16, compared with December 31, 2009 book value per share of $12.44 and tangible book value per share of $9.26.

Conference Call

Fifth Third will host a conference call to discuss these financial results at 9:00 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).

14

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, May 6^th by dialing 800-642-1687 for domestic access and 706-645-9291 for international access (passcode 65786356#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2010, 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 2,364 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 March 31, 2010, had $190 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. 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.

# # #

15

Quarterly Financial Review for March 31, 2010

Table of Contents

Financial Highlights	17-18
Consolidated Statements of Income	19
Consolidated Statements of Income (Taxable Equivalent)	20
Consolidated Balance Sheets	21-22
Consolidated Statements of Changes in Shareholders’ Equity	23
Average Balance Sheet and Yield Analysis	24-25
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

16

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended									% Change
	March 2010			December 2009			March 2009			Seq		Yr/Yr
Income Statement Data
Net interest income (a)	$	901		$	882		$	781		2	%	15	%
Noninterest income		627			651			697		(4	%)	(10	%)
Total revenue (a)		1,528			1,533			1,478		—		3	%
Provision for loan and lease losses		590			776			773		(24	%)	(24	%)
Noninterest expense		956			967			962		(1	%)	(1	%)
Net income (loss)		(10	)		(98	)		50		(89	%)	NM
Net income (loss) available to common shareholders		(72	)		(160	)		(26	)	(55	%)	175	%
Common Share Data
Earnings per share, basic	($	0.09	)	($	0.20	)	($	0.04	)	(55	%)	125	%
Earnings per share, diluted		(0.09	)		(0.20	)		(0.04	)	(55	%)	125	%
Cash dividends per common share		0.01			0.01			0.01		—		—
Book value per share		12.31			12.44			13.61		(1	%)	(10	%)
Market price per share		13.56			9.75			2.92		39	%	364	%
Common shares outstanding (in thousands)		794,816			795,068			576,936		—		38	%
Average common shares outstanding (in thousands):
Basic		790,473			790,442			571,810		—		38	%
Diluted		790,473			790,442			571,810		—		38	%
Market capitalization	$	10,778		$	7,752		$	1,685		39	%	540	%
Financial Ratios
Return on assets		(0.04	%)		(0.35	%)		0.17	%	(89	%)	NM
Return on average common equity		(3.0	%)		(6.3	%)		(1.4	%)	(52	%)	114	%
Noninterest income as a percent of total revenue		41	%		42	%		47	%	(2	%)	(13	%)
Average equity as a percent of average assets		11.92	%		12.31	%		10.18	%	(3	%)	17	%
Tangible equity (b) (d)		9.67	%		9.71	%		7.89	%	—		23	%
Tangible common equity (c) (d)		6.37	%		6.45	%		4.23	%	(1	%)	51	%
Net interest margin (a)		3.63	%		3.55	%		3.06	%	2	%	19	%
Efficiency (a)		62.6	%		63.1	%		65.1	%	(1	%)	(4	%)
Effective tax rate		53.0	%		54.4	%		(119.0	%)	(3	%)	NM
Credit Quality
Net losses charged off	$	582		$	708		$	490		(18	%)	19	%
Net losses charged off as a percent of average loans and leases		3.01	%		3.62	%		2.38	%	(17	%)	26	%
Allowance for loan and lease losses as a percent of loans and leases		4.91	%		4.88	%		3.72	%	1	%	32	%
Allowance for credit losses as a percent of loans and leases		5.25	%		5.27	%		4.00	%	—		31	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		4.02	%		4.22	%		3.20	%	(5	%)	26	%
Average Balances
Loans and leases, including held for sale	$	80,136		$	79,920		$	85,829		—		(7	%)
Total securities and other short-term investments		20,559			18,869			17,835		9	%	15	%
Total assets		113,433			111,505			118,681		2	%	(4	%)
Transaction deposits (f)		64,203			58,796			52,347		9	%	23	%
Core deposits (g)		76,262			71,845			66,848		6	%	14	%
Wholesale funding (h)		20,215			22,107			34,902		(9	%)	(42	%)
Shareholders’ equity		13,518			13,724			12,084		(2	%)	12	%
Regulatory Capital Ratios (i)
Tier I capital		13.40	%		13.31	%		10.93	%	1	%	23	%
Total risk-based capital		17.55	%		17.48	%		15.13	%	—		16	%
Tier I leverage		12.00	%		12.43	%		10.29	%	(3	%)	17	%
Tier I common equity		6.97	%		7.00	%		4.50	%	—		55	%
Operations
Banking centers		1,309			1,309			1,311		—		—
ATMs		2,364			2,358			2,354		—		—
Full-time equivalent employees		20,038			20,998			20,618		(5	%)	(3	%)

(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

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Income Statement Data
Net interest income (a)	$	901		$	882		$	874		$	836		$	781
Noninterest income		627			651			851			2,583			697
Total revenue (a)		1,528			1,533			1,725			3,419			1,478
Provision for loan and lease losses		590			776			952			1,041			773
Noninterest expense		956			967			876			1,021			962
Net income (loss)		(10	)		(98	)		(97	)		882			50
Net income (loss) available to common shareholders		(72	)		(160	)		(159	)		856			(26	)
Common Share Data
Earnings per share, basic	($	0.09	)	($	0.20	)	($	0.20	)	$	1.35		($	0.04	)
Earnings per share, diluted		(0.09	)		(0.20	)		(0.20	)		1.15			(0.04	)
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01
Book value per share		12.31			12.44			12.69			12.71			13.61
Market price per share		13.56			9.75			10.13			7.10			2.92
Common shares outstanding (in thousands)		794,816			795,068			795,316			795,313			576,936
Average common shares outstanding (in thousands):
Basic		790,473			790,442			790,334			629,789			571,810
Diluted		790,473			790,442			790,334			718,245			571,810
Market capitalization	$	10,778		$	7,752		$	8,057		$	5,647		$	1,685
Financial Ratios
Return on assets		(0.04	%)		(0.35	%)		(0.34	%)		3.05	%		0.17	%
Return on average common equity		(3.0	%)		(6.3	%)		(6.1	%)		41.2	%		(1.4	%)
Noninterest income as a percent of total revenue		41	%		42	%		49	%		76	%		47	%
Average equity as a percent of average assets		11.92	%		12.31	%		12.24	%		10.78	%		10.18	%
Tangible equity (b) (d)		9.67	%		9.71	%		10.08	%		9.72	%		7.89	%
Tangible common equity (c) (d)		6.37	%		6.45	%		6.74	%		6.55	%		4.23	%
Net interest margin (a)		3.63	%		3.55	%		3.43	%		3.26	%		3.06	%
Efficiency (a)		62.6	%		63.1	%		50.8	%		29.9	%		65.1	%
Effective tax rate		53.0	%		54.4	%		10.2	%		34.7	%		(119.0	%)
Credit Quality
Net losses charged off	$	582		$	708		$	756		$	626		$	490
Net losses charged off as a percent of average loans and leases		3.01	%		3.62	%		3.75	%		3.08	%		2.38	%
Allowance for loan and lease losses as a percent of loans and leases		4.91	%		4.88	%		4.69	%		4.28	%		3.72	%
Allowance for credit losses as a percent of loans and leases		5.25	%		5.27	%		5.06	%		4.57	%		4.00	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		4.02	%		4.22	%		4.09	%		3.48	%		3.20	%
Average Balances
Loans and leases, including held for sale	$	80,136		$	79,920		$	82,888		$	84,996		$	85,829
Total securities and other short-term investments		20,559			18,869			18,065			17,762			17,835
Total assets		113,433			111,505			113,453			115,878			118,681
Transaction deposits (f)		64,203			58,796			55,607			54,115			52,347
Core deposits (g)		76,262			71,845			69,871			68,727			66,848
Wholesale funding (h)		20,215			22,107			25,947			31,369			34,902
Shareholders’ equity		13,518			13,724			13,885			12,490			12,084
Regulatory Capital Ratios (i)
Tier I capital		13.40	%		13.31	%		13.19	%		12.90	%		10.93	%
Total risk-based capital		17.55	%		17.48	%		17.43	%		16.96	%		15.13	%
Tier I leverage		12.00	%		12.43	%		12.34	%		12.17	%		10.29	%
Tier I common equity		6.97	%		7.00	%		7.01	%		6.94	%		4.50	%
Operations
Banking centers		1,309			1,309			1,306			1,306			1,311
ATMs		2,364			2,358			2,372			2,355			2,354
Full-time equivalent employees		20,038			20,998			20,559			20,702			20,618

(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

18

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income

$ in millions

(unaudited)

	For the Three Months Ended									% Change
	March 2010			December 2009			March 2009			Seq		Yr/Yr
Interest Income
Interest and fees on loans and leases	$	960		$	957		$	997		—		(4	%)
Interest on securities		182			186			180		(2	%)	1	%
Interest on other short-term investments		1			—			1		NM		—
Total interest income		1,143			1,143			1,178		—		(3	%)
Interest Expense
Interest on deposits		171			194			274		(12	%)	(38	%)
Interest on short-term borrowings		1			2			24		(44	%)	(96	%)
Interest on long-term debt		74			69			104		8	%	(29	%)
Total interest expense		246			265			402		(7	%)	(39	%)
Net Interest Income		897			878			776		2	%	16	%
Provision for loan and lease losses		590			776			773		(24	%)	(24	%)
Net interest income (loss) after provision for loan and lease losses		307			102			3		202	%	NM
Noninterest Income
Service charges on deposits		142			159			146		(11	%)	(3	%)
Corporate banking revenue		81			89			113		(8	%)	(28	%)
Mortgage banking net revenue		152			132			134		15	%	14	%
Investment advisory revenue		91			86			79		5	%	14	%
Card and processing revenue		73			76			223		(4	%)	(67	%)
Other noninterest income		74			107			10		(30	%)	633	%
Securities gains (losses), net		14			2			(24	)	600	%	NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			16		NM		NM
Total noninterest income		627			651			697		(4	%)	(10	%)
Noninterest Expense
Salaries, wages and incentives		329			331			327		(1	%)	1	%
Employee benefits		86			69			83		24	%	3	%
Net occupancy expense		76			75			79		2	%	(3	%)
Technology and communications		45			47			45		(5	%)	—
Equipment expense		30			31			31		(4	%)	(5	%)
Card and processing expense		25			27			67		(7	%)	(63	%)
Other noninterest expense		365			387			330		(6	%)	11	%
Total noninterest expense		956			967			962		(1	%)	(1	%)
Income (loss) before income taxes		(22	)		(214	)		(262	)	(90	%)	(92	%)
Applicable income taxes		(12	)		(116	)		(312	)	(90	%)	(96	%)
Net income (loss)		(10	)		(98	)		50		(89	%)	NM
Dividends on preferred stock		62			62			76		—		(18	%)
Net income (loss) available to common shareholders	($	72	)	($	160	)	($	26	)	(55	%)	175	%

19

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Interest Income
Interest and fees on loans and leases	$	960		$	957		$	986		$	995		$	997
Interest on securities		182			186			183			184			180
Interest on other short-term investments		1			—			—			—			1
Total interest income		1,143			1,143			1,169			1,179			1,178
Taxable equivalent adjustment		4			4			5			5			5
Total interest income (taxable equivalent)		1,147			1,147			1,174			1,184			1,183
Interest Expense
Interest on deposits		171			194			228			258			274
Interest on short-term borrowings		1			2			4			12			24
Interest on long-term debt		74			69			68			78			104
Total interest expense		246			265			300			348			402
Net interest income (taxable equivalent)		901			882			874			836			781
Provision for loan and lease losses		590			776			952			1,041			773
Net interest income (loss) (taxable equivalent) after provision for loan and lease losses		311			106			(78	)		(205	)		8
Noninterest Income
Service charges on deposits		142			159			164			162			146
Corporate banking revenue		81			89			77			93			113
Mortgage banking net revenue		152			132			140			147			134
Investment advisory revenue		91			86			82			79			79
Card and processing revenue		73			76			74			243			223
Gain on sale of processing business		—			—			(6	)		1,764			—
Other noninterest income		74			107			312			49			10
Securities gains (losses), net		14			2			8			5			(24	)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			—			41			16
Total noninterest income		627			651			851			2,583			697
Noninterest Expense
Salaries, wages and incentives		329			331			335			346			327
Employee benefits		86			69			83			75			83
Net occupancy expense		76			75			75			79			79
Technology and communications		45			47			43			45			45
Equipment expense		30			31			30			31			31
Card and processing expense		25			27			25			75			67
Other noninterest expense		365			387			285			370			330
Total noninterest expense		956			967			876			1,021			962
Income (loss) before income taxes (taxable equivalent)		(18	)		(210	)		(103	)		1,357			(257	)
Taxable equivalent adjustment		4			4			5			5			5
Income (loss) before income taxes		(22	)		(214	)		(108	)		1,352			(262	)
Applicable income taxes		(12	)		(116	)		(11	)		470			(312	)
Net income (loss)		(10	)		(98	)		(97	)		882			50
Dividends on preferred stock		62			62			62			26			76
Net income (loss) available to common shareholders	($	72	)	($	160	)	($	159	)	$	856		($	26	)

20

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	March 2010			December 2009			March 2009			Seq		Yr/Yr
Assets
Cash and due from banks	$	2,133		$	2,318		$	2,491		(8	%)	(14	%)
Available-for-sale and other securities (a)		16,935			18,213			16,916		(7	%)	—
Held-to-maturity securities (b)		355			355			358		—		(1	%)
Trading securities		305			355			1,407		(14	%)	(78	%)
Other short-term investments		3,904			3,369			1,587		16	%	146	%
Loans held for sale		1,607			2,067			2,602		(22	%)	(38	%)
Portfolio loans and leases:
Commercial and industrial loans		26,131			25,683			28,617		2	%	(9	%)
Commercial mortgage loans		11,744			11,803			12,560		—		(6	%)
Commercial construction loans		3,277			3,784			4,745		(13	%)	(31	%)
Commercial leases		3,388			3,535			3,521		(4	%)	(4	%)
Residential mortgage loans		7,918			8,035			8,875		(1	%)	(11	%)
Home equity		12,186			12,174			12,710		—		(4	%)
Automobile loans		10,180			8,995			8,688		13	%	17	%
Credit card		1,863			1,990			1,816		(6	%)	3	%
Other consumer loans and leases		736			780			1,037		(6	%)	(29	%)
Portfolio loans and leases		77,423			76,779			82,569		1	%	(6	%)
Allowance for loan and lease losses		(3,802	)		(3,749	)		(3,070	)	1	%	24	%
Portfolio loans and leases, net		73,621			73,030			79,499		1	%	(7	%)
Bank premises and equipment		2,384			2,400			2,490		(1	%)	(4	%)
Operating lease equipment		492			499			470		(2	%)	5	%
Goodwill		2,417			2,417			2,623		—		(8	%)
Intangible assets		94			106			154		(12	%)	(39	%)
Servicing rights		725			700			481		4	%	51	%
Other assets		7,679			7,551			8,235		2	%	(7	%)
Total assets	$	112,651		$	113,380		$	119,313		(1	%)	(6	%)
Liabilities
Deposits:
Demand	$	19,482		$	19,411		$	16,370		—		19	%
Interest checking		19,126			19,935			14,510		(4	%)	32	%
Savings		19,099			17,898			16,517		7	%	16	%
Money market		4,782			4,431			4,353		8	%	10	%
Foreign office		2,844			2,454			1,671		16	%	70	%
Other time		11,643			12,466			14,571		(7	%)	(20	%)
Certificates - $100,000 and over		6,596			7,700			11,784		(14	%)	(44	%)
Other		2			10			6		(84	%)	(73	%)
Total deposits		83,574			84,305			79,782		(1	%)	5	%
Federal funds purchased		271			182			363		49	%	(25	%)
Other short-term borrowings		1,359			1,415			11,076		(4	%)	(88	%)
Accrued taxes, interest and expenses		633			773			904		(18	%)	(30	%)
Other liabilities		2,459			2,701			2,908		(9	%)	(15	%)
Long-term debt		10,947			10,507			12,178		4	%	(10	%)
Total liabilities		99,243			99,883			107,211		(1	%)	(7	%)
Shareholders’ equity
Common stock		1,779			1,779			1,295		—		37	%
Preferred stock		3,620			3,609			4,252		—		(15	%)
Capital surplus		1,753			1,743			841		1	%	108	%
Retained earnings		6,169			6,326			5,792		(2	%)	6	%
Accumulated other comprehensive income (loss)		288			241			151		20	%	91	%
Treasury stock		(201	)		(201	)		(229	)	—		(12	%)
Total shareholders’ equity (c)		13,408			13,497			12,102		(1	%)	11	%
Total liabilities and shareholders’ equity	$	112,651		$	113,380		$	119,313		(1	%)	(6	%)
(a) Amortized cost	$	16,523		$	17,879		$	16,642		(8	%)	(1	%)
(b) Market values		355			355			358		—		(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		794,816			795,068			576,936		—		38	%
Treasury		6,688			6,436			6,491		4	%	3	%

21

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	March 2010			December 2009			September 2009			June 2009			March 2009
Assets
Cash and due from banks	$	2,133		$	2,318		$	2,130		$	2,899		$	2,491
Available-for-sale and other securities (a)		16,935			18,213			15,682			16,061			16,916
Held-to-maturity securities (b)		355			355			356			357			358
Trading securities		305			355			1,079			1,354			1,407
Other short-term investments		3,904			3,369			1,126			513			1,587
Loans held for sale		1,607			2,067			2,063			3,341			2,602
Portfolio loans and leases:
Commercial and industrial loans		26,131			25,683			26,175			28,409			28,617
Commercial mortgage loans		11,744			11,803			12,105			12,407			12,560
Commercial construction loans		3,277			3,784			4,147			4,491			4,745
Commercial leases		3,388			3,535			3,584			3,532			3,521
Residential mortgage loans		7,918			8,035			8,229			8,489			8,875
Home equity		12,186			12,174			12,377			12,511			12,710
Automobile loans		10,180			8,995			8,972			8,741			8,688
Credit card		1,863			1,990			1,973			1,914			1,816
Other consumer loans and leases		736			780			857			935			1,037
Portfolio loans and leases		77,423			76,779			78,419			81,429			82,569
Allowance for loan and lease losses		(3,802	)		(3,749	)		(3,681	)		(3,485	)		(3,070	)
Portfolio loans and leases, net		73,621			73,030			74,738			77,944			79,499
Bank premises and equipment		2,384			2,400			2,426			2,440			2,490
Operating lease equipment		492			499			486			474			470
Goodwill		2,417			2,417			2,417			2,417			2,623
Intangible assets		94			106			119			133			154
Servicing rights		725			700			626			595			481
Other assets		7,679			7,551			7,492			7,456			8,235
Total assets	$	112,651		$	113,380		$	110,740		$	115,984		$	119,313
Liabilities
Deposits:
Demand	$	19,482		$	19,411		$	17,666		$	17,202		$	16,370
Interest checking		19,126			19,935			15,168			14,630			14,510
Savings		19,099			17,898			17,098			16,819			16,517
Money market		4,782			4,431			4,378			4,193			4,353
Foreign office		2,844			2,454			2,356			2,244			1,671
Other time		11,643			12,466			13,725			14,540			14,571
Certificates - $100,000 and over		6,596			7,700			8,962			10,688			11,784
Other		2			10			5			504			6
Total deposits		83,574			84,305			79,358			80,820			79,782
Federal funds purchased		271			182			433			435			363
Other short-term borrowings		1,359			1,415			3,674			6,802			11,076
Accrued taxes, interest and expenses		633			773			878			959			904
Other liabilities		2,459			2,701			2,547			3,166			2,908
Long-term debt		10,947			10,507			10,162			10,102			12,178
Total liabilities		99,243			99,883			97,052			102,284			107,211
Shareholders’ equity
Common stock		1,779			1,779			1,779			1,779			1,295
Preferred stock		3,620			3,609			3,599			3,588			4,252
Capital surplus		1,753			1,743			1,729			1,722			841
Retained earnings		6,169			6,326			6,496			6,663			5,792
Accumulated other comprehensive income (loss)		288			241			285			152			151
Treasury stock		(201	)		(201	)		(200	)		(204	)		(229	)
Total shareholders’ equity (c)		13,408			13,497			13,688			13,700			12,102
Total liabilities and shareholders’ equity	$	112,651		$	113,380		$	110,740		$	115,984		$	119,313
(a) Amortized cost	$	16,523		$	17,879		$	15,260		$	15,820		$	16,642
(b) Market values		355			355			356			357			358
(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		794,816			795,068			795,316			795,313			576,936
Treasury		6,688			6,436			6,188			6,191			6,491

22

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

$ in millions

(unaudited)

	For the Three Months Ended
	March 2010			March 2009
Total shareholders’ equity, beginning	$	13,497		$	12,077
Net income (loss)		(10	)		50
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		51			63
Qualifying cash flow hedges		(6	)		(12	)
Change in accumulated other comprehensive income related to employee benefit plans		2			2
Comprehensive income		37			103
Cash dividends declared:
Common stock		(8	)		(5	)
Preferred stock		(51	)		(66	)
Stock-based compensation expense		10			11
Impact of cumulative effect of change in accounting principle		(77	)		—
Change in corporate tax benefit related to stock-based compensation		—			(18	)
Total shareholders’ equity, ending	$	13,408		$	12,102

23

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	March 2010			December 2009			March 2009			Seq		Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,299		$	25,838		$	28,968		2	%	(9	%)
Commercial mortgage loans		11,836			12,126			12,809		(2	%)	(8	%)
Commercial construction loans		3,781			4,134			5,115		(9	%)	(26	%)
Commercial leases		3,468			3,574			3,564		(3	%)	(3	%)
Residential mortgage loans		9,478			10,142			10,921		(7	%)	(13	%)
Home equity		12,338			12,291			12,763		—		(3	%)
Automobile loans		10,185			8,973			8,687		14	%	17	%
Credit card		1,940			1,982			1,825		(2	%)	6	%
Other consumer loans and leases		811			860			1,177		(6	%)	(31	%)
Taxable securities		17,240			17,521			16,283		(2	%)	6	%
Tax exempt securities		175			205			262		(15	%)	(33	%)
Other short-term investments		3,144			1,143			1,290		175	%	144	%
Total interest-earning assets		100,695			98,789			103,664		2	%	(3	%)
Cash and due from banks		2,247			2,276			2,438		(1	%)	(8	%)
Other assets		14,262			14,084			15,363		1	%	(7	%)
Allowance for loan and lease losses		(3,771	)		(3,644	)		(2,784	)	4	%	35	%
Total assets	$	113,433		$	111,505		$	118,681		2	%	(4	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	19,533		$	16,324		$	14,229		20	%	37	%
Savings		18,469			17,540			16,272		5	%	13	%
Money market		4,622			4,279			4,559		8	%	1	%
Foreign office		2,757			2,516			1,755		10	%	57	%
Other time		12,059			13,049			14,501		(8	%)	(17	%)
Certificates - $100,000 and over		7,049			8,200			11,802		(14	%)	(40	%)
Other		8			51			247		(85	%)	(97	%)
Federal funds purchased		220			423			701		(48	%)	(69	%)
Other short-term borrowings		1,449			3,029			9,621		(52	%)	(85	%)
Long-term debt		11,489			10,404			12,531		10	%	(8	%)
Total interest-bearing liabilities		77,655			75,815			86,218		2	%	(10	%)
Demand deposits		18,822			18,137			15,532		4	%	21	%
Other liabilities		3,438			3,829			4,847		(10	%)	(29	%)
Total liabilities		99,915			97,781			106,597		2	%	(6	%)
Shareholders’ equity		13,518			13,724			12,084		(2	%)	12	%
Total liabilities and shareholders’ equity	$	113,433		$	111,505		$	118,681		2	%	(4	%)
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.61	%		4.48	%		4.00	%
Commercial mortgage loans		4.20	%		4.19	%		4.56	%
Commercial construction loans		2.92	%		2.65	%		3.35	%
Commercial leases		4.54	%		4.59	%		3.12	%
Residential mortgage loans		5.18	%		5.19	%		6.04	%
Home equity		4.02	%		4.06	%		4.28	%
Automobile loans		6.24	%		6.18	%		6.40	%
Credit card		10.76	%		9.66	%		10.89	%
Other consumer loans and leases		11.87	%		11.59	%		6.18	%
Total loans and leases		4.87	%		4.77	%		4.73	%
Taxable securities		4.23	%		4.17	%		4.39	%
Tax exempt securities		7.08	%		6.06	%		7.44	%
Other short-term investments		0.18	%		0.10	%		0.19	%
Total interest-earning assets		4.62	%		4.61	%		4.63	%
Interest-bearing liabilities:
Interest checking		0.28	%		0.27	%		0.27	%
Savings		0.67	%		0.70	%		0.89	%
Money market		0.46	%		0.51	%		0.72	%
Foreign office		0.34	%		0.36	%		0.54	%
Other time		2.75	%		2.95	%		3.62	%
Certificates - $100,000 and over		2.16	%		2.27	%		3.04	%
Other		0.02	%		0.09	%		0.23	%
Federal funds purchased		0.13	%		0.13	%		0.30	%
Other short-term borrowings		0.23	%		0.20	%		1.00	%
Long-term debt		2.64	%		2.65	%		3.36	%
Total interest-bearing liabilities		1.29	%		1.39	%		1.89	%
Ratios:
Net interest margin (taxable equivalent)		3.63	%		3.55	%		3.06	%
Net interest rate spread (taxable equivalent)		3.33	%		3.22	%		2.74	%
Interest-bearing liabilities to interest-earning assets		77.12	%		76.74	%		83.17	%

24

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,299		$	25,838		$	27,416		$	28,038		$	28,968
Commercial mortgage loans		11,836			12,126			12,449			12,668			12,809
Commercial construction loans		3,781			4,134			4,475			4,842			5,115
Commercial leases		3,468			3,574			3,522			3,512			3,564
Residential mortgage loans		9,478			10,142			10,820			11,669			10,921
Home equity		12,338			12,291			12,452			12,636			12,763
Automobile loans		10,185			8,973			8,871			8,692			8,687
Credit card		1,940			1,982			1,955			1,863			1,825
Other consumer loans and leases		811			860			928			1,076			1,177
Taxable securities		17,240			17,521			16,850			16,778			16,283
Tax exempt securities		175			205			246			242			262
Other short-term investments		3,144			1,143			969			742			1,290
Total interest-earning assets		100,695			98,789			100,953			102,758			103,664
Cash and due from banks		2,247			2,276			2,257			2,350			2,438
Other assets		14,262			14,084			13,724			13,907			15,363
Allowance for loan and lease losses		(3,771	)		(3,644	)		(3,481	)		(3,137	)		(2,784	)
Total assets	$	113,433		$	111,505		$	113,453		$	115,878		$	118,681
Liabilities
Interest-bearing liabilities:
Interest checking	$	19,533		$	16,324		$	14,869		$	14,837		$	14,229
Savings		18,469			17,540			16,967			16,705			16,272
Money market		4,622			4,279			4,280			4,167			4,559
Foreign office		2,757			2,516			2,432			1,717			1,755
Other time		12,059			13,049			14,264			14,612			14,501
Certificates - $100,000 and over		7,049			8,200			10,055			11,455			11,802
Other		8			51			95			240			247
Federal funds purchased		220			423			404			542			701
Other short-term borrowings		1,449			3,029			5,285			8,002			9,621
Long-term debt		11,489			10,404			10,108			11,130			12,531
Total interest-bearing liabilities		77,655			75,815			78,759			83,407			86,218
Demand deposits		18,822			18,137			17,059			16,689			15,532
Other liabilities		3,438			3,829			3,750			3,292			4,847
Total liabilities		99,915			97,781			99,568			103,388			106,597
Shareholders’ equity		13,518			13,724			13,885			12,490			12,084
Total liabilities and shareholders’ equity	$	113,433		$	111,505		$	113,453		$	115,878		$	118,681
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.61	%		4.48	%		4.36	%		4.06	%		4.00	%
Commercial mortgage loans		4.20	%		4.19	%		4.22	%		4.44	%		4.56	%
Commercial construction loans		2.92	%		2.65	%		2.74	%		2.80	%		3.35	%
Commercial leases		4.54	%		4.59	%		4.59	%		4.66	%		3.12	%
Residential mortgage loans		5.18	%		5.19	%		5.23	%		5.65	%		6.04	%
Home equity		4.02	%		4.06	%		4.10	%		4.14	%		4.28	%
Automobile loans		6.24	%		6.18	%		6.32	%		6.36	%		6.40	%
Credit card		10.76	%		9.66	%		9.87	%		10.06	%		10.89	%
Other consumer loans and leases		11.87	%		11.59	%		9.59	%		7.52	%		6.18	%
Total loans and leases		4.87	%		4.77	%		4.73	%		4.71	%		4.73	%
Taxable securities		4.23	%		4.17	%		4.24	%		4.33	%		4.39	%
Tax exempt securities		7.08	%		6.06	%		7.05	%		8.04	%		7.44	%
Other short-term investments		0.18	%		0.10	%		0.10	%		0.15	%		0.19	%
Total interest-earning assets		4.62	%		4.61	%		4.61	%		4.62	%		4.63	%
Interest-bearing liabilities:
Interest checking		0.28	%		0.27	%		0.24	%		0.27	%		0.27	%
Savings		0.67	%		0.70	%		0.67	%		0.77	%		0.89	%
Money market		0.46	%		0.51	%		0.55	%		0.63	%		0.72	%
Foreign office		0.34	%		0.36	%		0.43	%		0.54	%		0.54	%
Other time		2.75	%		2.95	%		3.24	%		3.48	%		3.62	%
Certificates - $100,000 and over		2.16	%		2.27	%		2.56	%		2.80	%		3.04	%
Other		0.02	%		0.09	%		0.19	%		0.19	%		0.23	%
Federal funds purchased		0.13	%		0.13	%		0.15	%		0.18	%		0.30	%
Other short-term borrowings		0.23	%		0.20	%		0.32	%		0.61	%		1.00	%
Long-term debt		2.64	%		2.65	%		2.67	%		2.79	%		3.36	%
Total interest-bearing liabilities		1.29	%		1.39	%		1.51	%		1.67	%		1.89	%
Ratios:
Net interest margin (taxable equivalent)		3.63	%		3.55	%		3.43	%		3.26	%		3.06	%
Net interest rate spread (taxable equivalent)		3.33	%		3.22	%		3.10	%		2.95	%		2.74	%
Interest-bearing liabilities to interest-earning assets		77.12	%		76.74	%		78.02	%		81.17	%		83.17	%

25

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	March 2010		December 2009		September 2009		June 2009		March 2009
Average Loans and Leases
Commercial:
Commercial and industrial loans	$	26,294	$	25,816	$	27,400	$	28,027	$	28,949
Commercial mortgage loans		11,708		11,981		12,269		12,463		12,508
Commercial construction loans		3,700		4,024		4,337		4,672		4,987
Commercial leases		3,467		3,574		3,522		3,512		3,564
Subtotal - commercial		45,169		45,395		47,528		48,674		50,008
Consumer:
Residential mortgage loans		7,976		8,129		8,355		8,713		9,195
Home equity		12,338		12,291		12,452		12,636		12,763
Automobile loans		10,185		8,973		8,871		8,692		8,687
Credit card		1,940		1,982		1,955		1,863		1,825
Other consumer loans and leases		773		831		899		995		1,083
Subtotal - consumer		33,212		32,206		32,532		32,899		33,553
Total average loans and leases (excluding held for sale)	$	78,381	$	77,601	$	80,060	$	81,573	$	83,561
Average loans held for sale		1,756		2,319		2,828		3,422		2,268
End of Period Loans and Leases
Commercial:
Commercial and industrial loans	$	26,131	$	25,683	$	26,175	$	28,409	$	28,617
Commercial mortgage loans		11,744		11,803		12,105		12,407		12,560
Commercial construction loans		3,277		3,784		4,147		4,491		4,745
Commercial leases		3,388		3,535		3,584		3,532		3,521
Subtotal - commercial		44,540		44,805		46,011		48,839		49,443
Consumer:
Residential mortgage loans		7,918		8,035		8,229		8,489		8,875
Home equity		12,186		12,174		12,377		12,511		12,710
Automobile loans		10,180		8,995		8,972		8,741		8,688
Credit card		1,863		1,990		1,973		1,914		1,816
Other consumer loans and leases		736		780		857		935		1,037
Subtotal - consumer		32,883		31,974		32,408		32,590		33,126
Total portfolio loans and leases	$	77,423	$	76,779	$	78,419	$	81,429	$	82,569
Core business activity		1,364		1,851		1,775		2,989		2,199
Portfolio management activity		243		216		288		352		403
Total loans held for sale		1,607		2,067		2,063		3,341		2,602
Operating lease equipment		492		499		486		474		470
Loans and Leases Serviced for Others (a):
Commercial and industrial loans		503		1,193		1,367		1,706		2,091
Commercial mortgage loans		291		264		256		264		297
Commercial construction loans		134		196		196		216		258
Commercial leases		146		150		149		152		154
Residential mortgage loans		50,293		48,638		46,837		43,527		41,524
Home equity		—		263		266		267		272
Automobile loans		—		1,230		1,394		1,569		1,754
Credit card		—		15		15		15		16
Other consumer loans and leases		—		7		7		7		7
Total loans and leases serviced for others		51,367		51,956		50,487		47,723		46,373
Total loans and leases serviced	$	130,889	$	131,301	$	131,455	$	132,967	$	132,014

(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
	March 2010			December 2009			September 2009			June 2009			March 2009
Tier I capital:
Shareholders’ equity	$	13,408		$	13,497		$	13,688		$	13,700		$	12,102
Goodwill and certain other intangibles		(2,556	)		(2,565	)		(2,559	)		(2,564	)		(2,785	)
Unrealized (gains) losses		(288	)		(240	)		(285	)		(152	)		(151	)
Qualifying trust preferred securities		2,763			2,763			2,763			2,763			2,763
Other		(30	)		(27	)		(33	)		(5	)		(5	)
Total tier I capital	$	13,297		$	13,428		$	13,574		$	13,742		$	11,924
Total risk-based capital:
Tier I capital	$	13,297		$	13,428		$	13,574		$	13,742		$	11,924
Qualifying allowance for credit losses		1,276			1,284			1,308			1,350			1,375
Qualifying subordinated notes		2,843			2,923			3,044			2,980			3,203
Total risk-based capital	$	17,416		$	17,635		$	17,926		$	18,072		$	16,502
Risk-weighted assets (b)	$	99,220		$	100,862		$	102,875		$	106,538		$	109,087
Ratios:
Average shareholders’ equity to average assets		11.92	%		12.31	%		12.24	%		10.78	%		10.18	%
Regulatory capital:
Fifth Third Bancorp
Tier I capital		13.40	%		13.31	%		13.19	%		12.90	%		10.93	%
Total risk-based capital		17.55	%		17.48	%		17.43	%		16.96	%		15.13	%
Tier I leverage		12.00	%		12.43	%		12.34	%		12.17	%		10.29	%
Tier I common equity		6.97	%		7.00	%		7.01	%		6.94	%		4.50	%
Fifth Third Bank (c)
Tier I capital		13.89	%		13.50	%		13.41	%		11.53	%		8.83	%
Total risk-based capital		15.88	%		15.56	%		15.47	%		14.38	%		11.67	%
Tier I leverage		12.52	%		12.69	%		12.76	%		9.89	%		7.46	%
Tier I common equity		13.89	%		13.50	%		13.41	%		11.69	%		8.83	%
Fifth Third Bank (Michigan) (c)
Tier I capital		—			—			—			10.13	%		10.62	%
Total risk-based capital		—			—			—			12.07	%		12.53	%
Tier I leverage		—			—			—			9.45	%		10.06	%
Tier I common equity		—			—			—			9.18	%		9.61	%
Fifth Third Bank N.A. (c)
Tier I capital		—			—			—			12.83	%		13.10	%
Total risk-based capital		—			—			—			14.12	%		14.37	%
Tier I leverage		—			—			—			10.63	%		11.52	%
Tier I common equity		—			—			—			12.83	%		13.10	%

(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
	March 2010			December 2009			September 2009			June 2009			March 2009
Average loans and leases (excluding held for sale):
Commercial and industrial loans	$	26,294		$	25,816		$	27,400		$	28,027		$	28,949
Commercial mortgage loans		11,708			11,981			12,269			12,463			12,508
Commercial construction loans		3,700			4,024			4,337			4,672			4,987
Commercial leases		3,467			3,574			3,522			3,512			3,564
Residential mortgage loans		7,976			8,129			8,355			8,713			9,195
Home equity		12,338			12,291			12,452			12,636			12,763
Automobile loans		10,185			8,973			8,871			8,692			8,687
Credit card		1,940			1,982			1,955			1,863			1,825
Other consumer loans and leases		773			831			899			995			1,083
Total average loans and leases (excluding held for sale)	$	78,381		$	77,601		$	80,060		$	81,573		$	83,561
Losses charged off:
Commercial and industrial loans	($	175	)	($	197	)	($	271	)	($	185	)	($	116	)
Commercial mortgage loans		(102	)		(144	)		(124	)		(89	)		(79	)
Commercial construction loans		(80	)		(134	)		(130	)		(79	)		(78	)
Commercial leases		(4	)		(11	)		—			(1	)		—
Residential mortgage loans		(88	)		(78	)		(92	)		(113	)		(75	)
Home equity		(75	)		(85	)		(82	)		(90	)		(73	)
Automobile loans		(44	)		(41	)		(44	)		(48	)		(56	)
Credit card		(46	)		(46	)		(47	)		(47	)		(38	)
Other consumer loans and leases		(8	)		(7	)		(6	)		(6	)		(6	)
Total losses		(622	)		(743	)		(796	)		(658	)		(521	)
Recoveries of losses previously charged off:
Commercial and industrial loans		14			14			15			8			13
Commercial mortgage loans		3			2			6			4			2
Commercial construction loans		2			(1	)		4			—			2
Commercial leases		—			3			—			—			—
Residential mortgage loans		—			—			—			1			—
Home equity		2			3			2			2			1
Automobile loans		13			9			10			12			10
Credit card		2			2			2			2			2
Other consumer loans and leases		4			3			1			3			1
Total recoveries		40			35			40			32			31
Net losses charged off:
Commercial and industrial loans		(161	)		(183	)		(256	)		(177	)		(103	)
Commercial mortgage loans		(99	)		(142	)		(118	)		(85	)		(77	)
Commercial construction loans		(78	)		(135	)		(126	)		(79	)		(76	)
Commercial leases		(4	)		(8	)		—			(1	)		—
Residential mortgage loans		(88	)		(78	)		(92	)		(112	)		(75	)
Home equity		(73	)		(82	)		(80	)		(88	)		(72	)
Automobile loans		(31	)		(32	)		(34	)		(36	)		(46	)
Credit card		(44	)		(44	)		(45	)		(45	)		(36	)
Other consumer loans and leases		(4	)		(4	)		(5	)		(3	)		(5	)
Total net losses charged off	($	582	)	($	708	)	($	756	)	($	626	)	($	490	)
Net charge-off Ratios:
Commercial and industrial loans		2.49	%		2.81	%		3.70	%		2.53	%		1.45	%
Commercial mortgage loans		3.42	%		4.69	%		3.82	%		2.73	%		2.50	%
Commercial construction loans		8.57	%		13.28	%		11.56	%		6.76	%		6.21	%
Commercial leases		0.44	%		0.88	%		(0.04	%)		0.02	%		—
Residential mortgage loans		4.46	%		3.82	%		4.38	%		5.17	%		3.30	%
Home equity		2.38	%		2.65	%		2.54	%		2.81	%		2.28	%
Automobile loans		1.27	%		1.38	%		1.52	%		1.65	%		2.17	%
Credit card		9.23	%		8.81	%		9.08	%		9.64	%		7.92	%
Other consumer loans and leases		2.07	%		2.49	%		2.62	%		1.95	%		1.63	%
Total net charge-off ratio		3.01	%		3.62	%		3.75	%		3.08	%		2.38	%

28

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	March 2010			December 2009			September 2009			June 2009			March 2009
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	3,749		$	3,681		$	3,485		$	3,070		$	2,787
Impact of cumulative effect of change in accounting principle		45			—			—			—			—
Total net losses charged off		(582	)		(708	)		(756	)		(626	)		(490	)
Provision for loan and lease losses		590			776			952			1,041			773
Allowance for loan and lease losses, ending	$	3,802		$	3,749		$	3,681		$	3,485		$	3,070
Reserve for unfunded commitments, beginning	$	294		$	284		$	239		$	231		$	195
Impact of cumulative effect of change in accounting principle		(43	)		—			—			—			—
Provision for unfunded commitments		9			10			45			8			36
Reserve for unfunded commitments, ending	$	260		$	294		$	284		$	239		$	231
Components of allowance for credit losses:
Allowance for loan and lease losses	$	3,802		$	3,749		$	3,681		$	3,485		$	3,070
Reserve for unfunded commitments		260			294			284			239			231
Total allowance for credit losses	$	4,062		$	4,043		$	3,965		$	3,724		$	3,301
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	746		$	734		$	752		$	603		$	667
Commercial mortgage loans		853			898			912			760			692
Commercial construction loans		479			646			697			684			551
Commercial leases		55			67			51			51			27
Residential mortgage loans		266			275			267			262			265
Home equity		23			21			24			26			25
Automobile loans		1			1			1			1			2
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual portfolio loans and leases		2,423			2,642			2,704			2,387			2,229
Restructured loans and leases - commercial (non accrual)		39			47			18			12			—
Restructured loans and leases - consumer (non accrual)		271			258			225			188			167
Total nonperforming portfolio loans and leases		2,733			2,947			2,947			2,587			2,396
Repossessed personal property		21			22			22			21			25
Other real estate owned		375			275			251			232			227
Total nonperforming assets (a)		3,129			3,244			3,220			2,840			2,648
Nonaccrual loans held for sale		239			220			286			352			403
Restructured loans - commercial (non accrual) held for sale		4			4			2			—			—
Total nonperforming assets including loans held for sale	$	3,372		$	3,468		$	3,508		$	3,192		$	3,051
Restructured Consumer loans and leases (accrual)	$	1,480		$	1,392		$	1,280		$	1,074		$	615
Restructured Commercial loans and leases (accrual)	$	76		$	68			—			—			—
Ninety days past due loans and leases:
Commercial and industrial loans	$	63		$	118		$	256		$	142		$	131
Commercial mortgage loans		44			59			184			131			124
Commercial construction loans		9			17			168			60			49
Commercial leases		4			4			4			5			6
Residential mortgage loans		157			189			198			242			231
Home equity		89			99			104			99			105
Automobile loans		13			17			17			18			18
Credit card		57			64			60			65			68
Other consumer loans and leases		—			—			1			—			1
Total ninety days past due loans and leases	$	436		$	567		$	992		$	762		$	733
Ratios
Net losses charged off as a percent of average loans and leases		3.01	%		3.62	%		3.75	%		3.08	%		2.38	%
Allowance for loan and lease losses:
As a percent of loans and leases		4.91	%		4.88	%		4.69	%		4.28	%		3.72	%
As a percent of nonperforming loans and leases (a)		139	%		127	%		125	%		135	%		128	%
As a percent of nonperforming assets (a)		122	%		116	%		114	%		123	%		116	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		3.51	%		3.82	%		3.75	%		3.17	%		2.89	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		4.02	%		4.22	%		4.09	%		3.48	%		3.20	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		4.24	%		4.38	%		4.34	%		3.75	%		3.57	%

(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
	March 2010		December 2009		September 2009		June 2009		March 2009
Total shareholders’ equity	13,408		13,497		13,688		13,700		12,102
Less:
Preferred stock	(3,620	)	(3,609	)	(3,599	)	(3,588	)	(4,252	)
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,417	)	(2,623	)
Intangible assets	(94	)	(106	)	(119	)	(133	)	(154	)
Tangible common equity, including unrealized gains / losses (a)	7,277		7,365		7,553		7,562		5,073
Less: Accumulated other comprehensive income / loss	(288	)	(241	)	(285	)	(152	)	(151	)
Tangible common equity, excluding unrealized gains / losses (b)	6,989		7,124		7,268		7,410		4,922
Add back: Preferred stock	3,620		3,609		3,599		3,588		4,252
Tangible equity (c)	10,609		10,733		10,867		10,998		9,174
Total assets (d)	112,651		113,380		110,740		115,984		119,313
Less:
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,417	)	(2,623	)
Intangible assets	(94	)	(106	)	(119	)	(133	)	(154	)
Tangible assets, including unrealized gains / losses (e)	110,140		110,857		108,204		113,434		116,536
Less: Accumulated other comprehensive income / loss, before tax	(443	)	(370	)	(438	)	(234	)	(233	)
Tangible assets, excluding unrealized gains / losses (f)	109,697		110,487		107,766		113,200		116,303
Common shares outstanding (g)	795		795		795		795		577
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (h)	99,220		100,862		102,875		106,538		109,087
Ratios
Tangible equity (c) / (f)	9.67	%	9.71	%	10.08	%	9.72	%	7.89	%
Tangible common equity (excluding unrealized gains/losses) (b) / (f)	6.37	%	6.45	%	6.74	%	6.55	%	4.23	%
Tangible common equity (including unrealized gains/losses) (a) / (e)	6.61	%	6.64	%	6.98	%	6.67	%	4.35	%
Tangible common equity as a percent of risk-weighted assets
(excluding unrealized gains/losses) (b) / (h)	7.04	%	7.06	%	7.07	%	6.96	%	4.51	%
Tangible book value per share (a) / (g)	9.16		9.26		9.50		9.51		8.79

30

Fifth Third Bancorp and Subsidiaries

Segment Presentation

$ in millions

(unaudited)

For the three months ended March 31, 2010 ($ in millions)	Commercial Banking		Branch Banking		Consumer Lending		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	377		382		109		38		(5	)	901
Provision for loan and lease losses	(278	)	(153	)	(137	)	(13	)	(9	)	(590	)
Net interest income after provision for loan and lease losses	99		229		(28	)	25		(14	)	311
Total noninterest income	161		213		155		91		7		627
Total noninterest expense	(237	)	(374	)	(118	)	(96	)	(131	)	(956	)
Net income (loss) before taxes	23		68		9		20		(138	)	(18	)
Applicable income taxes (a)	28		(24	)	(3	)	(7	)	14		8
Net income (loss)	51		44		6		13		(124	)	(10	)
Dividends on preferred stock	—		—		—		—		62		62
Net income (loss) available to common shareholders	51		44		6		13		(186	)	(72	)
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		(12	)	882
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		(82	)	106
Total noninterest income	144		236		132		89		50		651
Total noninterest expense	(243	)	(349	)	(130	)	(94	)	(151	)	(967	)
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	)

(a) Includes taxable equivalent adjustments of $4 million for the three months ended March 31, 2010 and December 30, 2009 and $5 million for the three months ended September 30, 2009, June 30, 2009 and March 31, 2009.

(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

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

Quarterly Data

	Three Months Ended
	March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009		March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008
Ratios (percent)
Return on assets		(0.04	)		(0.35	)		(0.34	)		3.05		0.17			(7.16	)		(0.19	)		(0.72	)
Return on average common equity		(3.0	)		(6.3	)		(6.1	)		41.2		(1.4	)		(94.6	)		(3.3	)		(8.5	)
Average equity as a percent of average assets		11.92			12.31			12.24			10.78		10.18			8.65			9.45			8.59
Net interest margin (a)		3.63			3.55			3.43			3.26		3.06			3.46			4.24			3.04
Efficiency (a)		62.6			63.1			50.8			29.9		65.1			131.3			54.2			58.6
Net losses charged off as a percent of average loans and leases		3.01			3.62			3.75			3.08		2.38			7.50			2.17			1.66
Allowance for loan and lease losses as a percent of loans and leases		4.91			4.88			4.69			4.28		3.72			3.31			2.41			1.85
Allowance for credit losses as a percent of loans and leases		5.25			5.27			5.06			4.57		4.00			3.54			2.56			1.98
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		4.02			4.22			4.09			3.48		3.20			2.38			2.86			2.26
Allowance for loan and lease losses as a percent of nonperforming assets (b)		121.50			115.55			114.30			122.71		115.93			138.93			83.98			81.49
Allowance for credit losses as a percent of nonperforming assets		120.47			116.56			112.99			116.67		108.20			120.30			89.35			87.41
Common Share Data
Earnings per share	$	(0.09	)	$	(0.20	)	$	(0.20	)	$	1.35	$	(0.04	)	$	(3.78	)	$	(0.14	)	$	(0.37	)
Earnings per diluted share	$	(0.09	)	$	(0.20	)	$	(0.20	)		1.15		(0.04	)		(3.78	)		(0.14	)		(0.37	)
Cash dividends per common share		0.01			0.01			0.01			0.01		0.01			0.01			0.15			0.15
Book value per share		12.31			12.44			12.69			12.71		13.61			13.57			16.65			16.75
Common shares outstanding, excluding treasury		794,816,131			795,068,164			795,316,187			795,313,448		576,935,997			577,386,612			577,486,544			577,529,636
Market price per share:
High	$	14.05		$	10.92		$	11.20		$	9.15	$	8.65		$	14.75		$	21.00		$	23.75
Low		9.81			8.76			6.33			2.50		1.01			6.32			7.96			8.96
End of period		13.56			9.75			10.13			7.10		2.92			8.26			11.90			10.18
Supplemental Data
Common dividends declared ($ in millions)	$	8		$	8		$	8		$	8	$	5		$	6		$	87		$	87
Full-time equivalent employees		20,038			20,998			20,559			20,702		20,618			21,476			21,522			21,617
Banking centers		1,309			1,309			1,306			1,306		1,311			1,307			1,298			1,308
ATMs		2,364			2,358			2,372			2,355		2,354			2,341			2,329			2,329

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

(b) Excludes nonperforming assets held for sale.

Page 1

Quarterly Data

	Three Months Ended
	March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008
Income Statement ($ in millions)
Interest income (FTE)	$	1,147		$	1,147		$	1,174		$	1,184		$	1,183		$	1,411		$	1,553		$	1,213
Interest expense		246			265			300			348			402			514			485			469
Net interest income (FTE)		901			882			874			836			781			897			1,068			744
Provision for loan and lease losses		590			776			952			1,041			773			2,356			941			719
Noninterest income:
Service charges on deposits		142			159			164			162			146			162			172			159
Investment advisory revenue		91			86			82			79			79			81			93			96
Corporate banking revenue		81			89			77			93			113			118			101			107
Mortgage banking net revenue		152			132			140			147			134			(29	)		45			86
Card and processing revenue		73			76			74			243			223			230			235			235
Gain on sale of processing business		—			—			(6	)		1,764			—			—			—			—
Other noninterest income		74			107			312			49			10			24			112			49
Securities gains (losses), net		14			2			8			5			(24	)		(40	)		(63	)		(10	)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			—			41			16			96			22			—
Total noninterest income		627			651			851			2,583			697			642			717			722
Noninterest expense:
Salaries, wages and incentives		329			331			335			346			327			337			321			331
Employee benefits		86			69			83			75			83			61			72			60
Net occupancy expense		76			75			75			79			79			77			77			73
Technology and communications		45			47			43			45			45			48			47			49
Equipment expense		30			31			30			31			31			35			34			31
Card and processing expense		25			27			25			75			67			70			70			67
Other noninterest expense		365			387			285			370			330			1,394			346			247
Total noninterest expense		956			967			876			1,021			962			2,022			967			858
Income (loss) before income taxes (FTE)		(18	)		(210	)		(103	)		1,357			(257	)		(2,839	)		(123	)		(111	)
Taxable equivalent adjustment		4			4			5			5			5			5			5			6
Income (loss) before income taxes		(22	)		(214	)		(108	)		1,352			(262	)		(2,844	)		(128	)		(117	)
Applicable income tax (benefit)		(12	)		(116	)		(11	)		470			(312	)		(702	)		(72	)		85
Net income (loss)	$	(10	)	$	(98	)	$	(97	)	$	882		$	50		$	(2,142	)	$	(56	)	$	(202	)
Dividends on preferred stock		62			62			62			26			76			42			25			—
Net income (loss) available to common shareholders	$	(72	)	$	(160	)	$	(159	)	$	856		$	(26	)	$	(2,184	)	$	(81	)	$	(202	)
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	13,297		$	13,428		$	13,574		$	13,742		$	11,924		$	11,924		$	9,734		$	9,829
Tier II capital		4,119			4,207			4,352			4,330			4,578			4,722			4,239			4,202
Total risk-based capital	$	17,416		$	17,635		$	17,926		$	18,072		$	16,502		$	16,646		$	13,973		$	14,031
Risk-weighted assets	$	99,220		$	100,862		$	102,875		$	106,538		$	109,087		$	112,622		$	113,601		$	115,481
Tier I capital ratio		13.40	%		13.31	%		13.19	%		12.90	%		10.93	%		10.59	%		8.57	%		8.51	%
Total risk-based capital ratio		17.55	%		17.48	%		17.43	%		16.96	%		15.13	%		14.78	%		12.30	%		12.15	%
Tier I leverage ratio		12.00	%		12.43	%		12.34	%		12.17	%		10.29	%		10.27	%		8.77	%		9.08	%
Tier I common equity ratio		6.97	%		7.00	%		7.01	%		6.94	%		4.50	%		4.37	%		5.18	%		5.18	%

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

Page 2

Quarterly Data

	As of
	March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,133		$	2,318		$	2,130		$	2,899		$	2,491		$	2,739		$	2,774		$	2,853
Available-for-sale and other securities		16,935			18,213			15,682			16,061			16,916			12,728			13,177			12,718
Held-to-maturity securities		355			355			356			357			358			360			360			361
Trading securities		305			355			1,079			1,354			1,407			1,191			915			241
Other short-term investments		3,904			3,369			1,126			513			1,587			3,578			229			286
Total cash and securities		23,632			24,610			20,373			21,184			22,759			20,596			17,455			16,459
Loans held for sale		1,607			2,067			2,063			3,341			2,602			1,452			1,000			889
Portfolio loans and leases		77,423			76,779			78,419			81,429			82,569			84,143			85,498			85,524
Total loans and leases		79,030			78,846			80,482			84,770			85,171			85,595			86,498			86,413
Allowance for loan and lease losses		(3,802	)		(3,749	)		(3,681	)		(3,485	)		(3,070	)		(2,787	)		(2,058	)		(1,580	)
Bank premises and equipment		2,384			2,400			2,426			2,440			2,490			2,494			2,470			2,444
Operating lease equipment		492			499			486			474			470			463			369			364
Goodwill		2,417			2,417			2,417			2,417			2,623			2,624			3,592			3,603
Intangible assets		94			106			119			133			154			168			188			203
Servicing rights		725			700			626			595			481			499			687			701
Other real estate owned		399			300			274			249			255			231			214			208
Other assets		7,280			7,251			7,218			7,207			7,980			9,881			6,879			6,160
Total assets	$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294		$	114,975
Liabilities
Deposits:
Demand	$	19,482		$	19,411		$	17,666		$	17,202		$	16,370		$	15,287		$	14,241		$	16,259
Interest checking		19,126			19,935			15,168			14,630			14,510			14,222			13,251			14,002
Savings		19,099			17,898			17,098			16,819			16,517			16,063			15,955			16,602
Money market		4,782			4,431			4,378			4,193			4,353			4,689			5,352			6,806
Foreign office		2,844			2,454			2,356			2,244			1,671			2,144			1,999			2,174
Other time		11,643			12,466			13,725			14,540			14,571			14,350			11,778			9,839
Certificates - $100,000 and over		6,596			7,700			8,962			10,688			11,784			11,851			13,173			10,870
Other foreign office		2			10			5			504			6			7			1,711			864
Total deposits		83,574			84,305			79,358			80,820			79,782			78,613			77,460			77,416
Federal funds purchased		271			182			433			435			363			287			2,521			2,447
Other short-term borrowings		1,359			1,415			3,674			6,802			11,076			9,959			8,791			5,628
Other liabilities		3,092			3,474			3,425			4,125			3,812			5,243			3,879			3,684
Long-term debt		10,947			10,507			10,162			10,102			12,178			13,585			12,947			15,046
Total liabilities		99,243			99,883			97,052			102,284			107,211			107,687			105,598			104,221
Shareholders’ Equity
Common and preferred equity		13,321			13,457			13,603			13,752			12,180			12,208			10,986			11,138
Net unrealized gains (losses):
Available-for-sale securities		268			216			274			157			178			115			(47	)		(132	)
Qualifying cash flow hedges		98			105			108			95			76			88			41			34
Accumulated other comprehensive income related to employee benefit plans		(78	)		(80	)		(97	)		(100	)		(103	)		(105	)		(53	)		(54	)
Treasury stock, at cost		(201	)		(201	)		(200	)		(204	)		(229	)		(229	)		(231	)		(232	)
Total shareholders’ equity		13,408			13,497			13,688			13,700			12,102			12,077			10,696			10,754
Total liabilities & shareholders’ equity	$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294		$	114,975
Share Data
Preferred shares outstanding		152,771			152,771			152,771			152,771			180,620			180,620			53,550			53,550
Common shares outstanding, excluding treasury		794,816,131			795,068,164			795,316,187			795,313,448			576,935,997			577,386,612			577,486,544			577,529,636
Treasury shares held		6,688,056			6,436,023			6,188,001			6,190,740			6,491,107			6,040,492			5,940,560			5,897,468

Page 3

Quarterly Data

	Three Months Ended
	March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	80,136		$	79,920		$	82,888		$	84,996		$	85,828		$	87,425		$	85,772		$	85,212
Taxable securities		17,240			17,521			16,850			16,778			16,283			14,882			13,310			12,554
Tax exempt securities		175			205			246			242			262			288			315			364
Other short-term investments		3,144			1,143			969			742			1,290			513			890			445
Total interest-earning assets		100,695			98,789			100,953			102,758			103,663			103,108			100,287			98,575
Cash and due from banks		2,247			2,276			2,257			2,350			2,438			2,897			2,468			2,357
Other assets		14,262			14,084			13,724			13,907			15,364			15,090			13,683			12,370
Allowance for loan and lease losses		(3,771	)		(3,644	)		(3,481	)		(3,137	)		(2,784	)		(2,142	)		(1,654	)		(1,204	)
Total assets	$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784		$	112,098
Liabilities
Interest-bearing liabilities:
Interest checking	$	19,533		$	16,324		$	14,869		$	14,837		$	14,229		$	13,698		$	13,843		$	14,396
Savings		18,469			17,540			16,967			16,705			16,272			15,960			16,154			16,583
Money market		4,622			4,279			4,280			4,167			4,559			4,983			6,051			6,592
Foreign office		2,757			2,516			2,432			1,717			1,755			1,876			2,126			2,169
Other time		12,059			13,049			14,264			14,612			14,501			13,337			10,780			9,517
Certificates - $100,000 and over		7,049			8,200			10,055			11,455			11,802			12,468			11,623			8,143
Other foreign office		8			51			95			240			247			1,090			395			2,948
Federal funds purchased		220			423			404			542			701			2,016			1,013			3,643
Other short-term borrowings		1,449			3,029			5,285			8,002			9,621			10,912			9,613			5,623
Long-term debt		11,489			10,404			10,108			11,130			12,531			13,101			14,392			14,803
Total interest-bearing liabilities		77,655			75,815			78,759			83,407			86,218			89,441			85,990			84,417
Total interest-bearing liabilities
Demand deposits		18,822			18,137			17,059			16,689			15,532			14,602			14,225			14,023
Other liabilities		3,438			3,829			3,750			3,292			4,847			4,619			3,726			4,029
Total liabilities		99,915			97,781			99,568			103,388			106,597			108,662			103,941			102,469
Shareholders’ equity		13,518			13,724			13,885			12,490			12,084			10,291			10,843			9,629
Total liabilities & shareholders’ equity	$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784		$	112,098
Average loans and leases (excluding held for sale)	$	78,381		$	77,601		$	80,060		$	81,573		$	83,561		$	86,369		$	84,695		$	83,537
Average common shares outstanding:
Basic		790,472,577			790,441,911			790,334,226			629,789,476			571,810,034			571,809,026			571,705,319			540,029,899
Diluted		790,472,577			790,441,911			790,334,226			718,245,141			571,810,034			571,809,026			571,705,319			540,029,899

Page 4

Quarterly Data

	Three Months Ended
	March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008			June 30, 2008
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	26,134		$	25,687		$	26,215		$	28,419		$	28,627		$	29,220		$	29,424		$	28,958
Commercial mortgage		11,865			11,936			12,252			12,600			12,768			12,952			13,355			13,394
Commercial construction		3,396			3,871			4,268			4,641			4,930			5,114			6,002			6,007
Commercial leases		3,388			3,535			3,584			3,532			3,521			3,666			3,642			3,647
Subtotal - commercial		44,783			45,029			46,319			49,192			49,846			50,952			52,423			52,006
Consumer:
Residential mortgage		9,239			9,845			9,955			11,440			10,972			10,292			10,292			10,704
Home equity		12,186			12,174			12,377			12,511			12,710			12,752			12,599			12,421
Automobile loans		10,180			8,995			8,972			8,741			8,688			8,594			8,306			8,362
Credit card		1,863			1,990			1,973			1,914			1,816			1,811			1,688			1,717
Other consumer loans and leases		779			813			886			972			1,139			1,198			1,190			1,203
Subtotal - consumer		34,247			33,817			34,163			35,578			35,325			34,647			34,075			34,407
Total loans and leases	$	79,030		$	78,846		$	80,482		$	84,770		$	85,171		$	85,599		$	86,498		$	86,413
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	26,299		$	25,838		$	27,416		$	28,038		$	28,968		$	30,227		$	28,284		$	28,557
Commercial mortgage		11,836			12,126			12,449			12,668			12,809			13,194			13,257			12,590
Commercial construction		3,781			4,134			4,475			4,842			5,115			5,990			6,110			5,700
Commercial leases		3,468			3,574			3,522			3,512			3,564			3,610			3,642			3,747
Subtotal - commercial		45,384			45,672			47,862			49,060			50,456			53,021			51,293			50,594
Consumer:
Residential mortgage		9,478			10,141			10,820			11,669			10,921			10,327			10,711			11,244
Home equity		12,338			12,291			12,452			12,636			12,763			12,677			12,534			12,012
Automobile loans		10,185			8,973			8,871			8,692			8,687			8,428			8,303			8,439
Credit card		1,940			1,982			1,955			1,863			1,825			1,748			1,720			1,703
Other consumer loans and leases		811			861			928			1,075			1,177			1,225			1,211			1,221
Subtotal - consumer		34,752			34,248			35,026			35,935			35,373			34,405			34,479			34,619
Total average loans and leases	$	80,136		$	79,920		$	82,888		$	84,995		$	85,829		$	87,426		$	85,772		$	85,213
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	2,423		$	2,642		$	2,704		$	2,387		$	2,229		$	1,696		$	2,179		$	1,670
Nonaccrual loans held for sale		239			220			286			352			403			473			—			—
Restructured loans - commercial (non accrual) held for sale		4			4			2			—			—			—			—			—
Restructured loans and leases (non accrual) portfolio		310			305			243			200			167			80			50			56
Other assets, including other real estate owned		396			297			273			253			252			230			222			212
Total nonperforming assets	$	3,372		$	3,468		$	3,508		$	3,192		$	3,051		$	2,479		$	2,451		$	1,938
Ninety days past due loans and leases	$	436		$	567		$	992		$	762		$	733		$	662		$	671		$	608
Nonperforming Loans ($ in millions)(non-accrual plus renegotiated)
Commercial and industrial loans and leases	$	828		$	840		$	826		$	673		$	704		$	586		$	573		$	425
Commercial mortgage		980			1,035			1,072			953			900			715			724			524
Commercial construction loans		606			741			820			837			736			578			636			537
Consumer mortgage and construction		408			412			379			360			346			279			221			166
Other consumer loans and leases		153			144			138			116			113			91			75			74
Total nonperforming loans and leases (including held for sale)	$	2,975		$	3,172		$	3,235		$	2,939		$	2,799		$	2,249		$	2,229		$	1,726
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(622	)	$	(743	)	$	(796	)	$	(658	)	$	(521	)	$	(1,652	)	$	(481	)	$	(365	)
Recoveries		40			35			40			32			31			25			18			21
Net losses charged off	$	(582	)	$	(708	)	$	(756	)	$	(626	)	$	(490	)	$	(1,627	)	$	(463	)	$	(344	)

Page 5

EX-99.3

Fifth Third Bank | All Rights Reserved

1Q10 Credit Trends

April 22, 2010

Please refer to earnings release dated April 22, 2010

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

Exhibit 99.3

2

Fifth Third Bank | All Rights Reserved

Updated stress testing -

process overview

Similar

process

to

that

used

in

2008

and

SCAP

processes;

updated

for

actual

performance and current economic expectations

Moody’s

“Base”

and

“Longer

Recession

and

Weaker

Recovery”

case

scenarios

key

economic assumptions

Commercial

—

33 geographic/industry sectors analyzed and regressed against economic and

performance drivers

—

Migration trends from criticized to nonaccrual and charge-off evaluated by

region and industry

Consumer

—

Portfolios subdivided into appropriate categories (i.e. liquidating vs. non-

liquidating home equity)

—

Results derived using combination of regression models, loss curves and roll

rates, and applied economic factors

–

Mortgage and home equity key correlation: HPI

–

Credit card key correlation: unemployment

–

Other consumer key correlations: unemployment and GDP

Base

Adverse

Economic Assumptions*

2010

2010

Peak Unemployment

10.3%

11.4%

GDP

2.4%

0.3%

Avg. change in quarterly HPI

(1.8%)

(2.7%)

* Moody’s Economy.com; as of March

2010

3

Fifth Third Bank | All Rights Reserved

Updated credit loss expectations vs. SCAP scenarios

$4.1B

$5.0B

$2.8B

Moody’s Weaker          

Recovery / Mild

Second Recession   

Case** Assumptions

(Mar. 2010)

Moody’s Base

Case** Assumptions

(Mar. 2010)

Realized credit losses have been significantly below SCAP submissions; 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 macroeconomic assumptions: Moody’s Economy.com. Assumptions as of March 2010.

Actual

$2.6B

Actual

$2.7B

Fifth Third

capitalized for this

level of credit 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, benefiting

results vs. SCAP scenarios

Base and stress scenarios reflect

Moody’s Base Case and Moody’s

Weaker Recover / Mild Second 

Recession Case (as of March

2010)**

Our current expectation is for

2010 losses to be lower than 2009

$2.9B

$1,500

$1,750

$2,000

$2,250

$2,500

$2,750

$3,000

$3,250

$3,500

$3,750

$4,000

$4,250

$4,500

$4,750

$5,000

$5,250

$5,500

2008

2009

2010

4

Fifth Third Bank | All Rights Reserved

Credit by portfolio*

Net charge-offs by loan type

Net charge-offs by geography

*NPAs

exclude loans held-for-sale.

Ratios in above tables are subject to rounding.

($ in millions)

C&I

Commercial

mortgage

Commercial

construction

Commercial

lease

Total

commercial

Residential

mortgage

Home equity

Auto

Credit card

Other

consumer

Total

consumer

Total loans &

leases

Loan balances

$26,131

$11,744

$3,277

$3,388

$44,541

$7,918

$12,186

$10,180

$1,863

$736

$32,882

$77,423

% of total

34%

15%

4%

4%

58%

10%

16%

13%

2%

1%

42%

NPAs

$788

$1,002

$569

$55

$2,414

$521

$70

$22

$101

$1

$715

$3,129

NPA / Loans + OREO

3.01%

8.43%

16.95%

1.62%

5.39%

6.48%

0.57%

0.22%

5.45%

0.12%

2.16%

4.02%

Net charge-offs

$161

$99

$78

$4

$342

$88

$73

$31

$44

$4

$240

$582

Net charge-off ratio

2.49%

3.42%

8.57%

0.44%

3.07%

4.46%

2.38%

1.27%

9.23%

2.07%

2.93%

3.01%

C&I

28%

Commercial

mortgage

17%

Commercial

construction

13%

Coml

Lease

1%

Residential

mortgage

15%

Home equity

12%

Auto

5%

Card

8%

Other

consumer

1%

MI

25%

OH

15%

IN

5%

IL

11%

TN

3%

Other /

National

12%

FL

22%

KY

4%

NC

4%

5

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

$81

million

in

1Q10

–

Total

charge-off

ratio

3.0%

(2.4%

ex-HBs)

–

Commercial

charge-off

ratio

3.1%

(2.6%

ex-

HBs)

•

Brokered

home

equity

charge-offs

6.2%

in

1Q10

–

Direct home equity portfolio 1.6%

1Q10 NCO Ratios

Coml

Cons

Total

FL/MI

5.5%

5.2%

5.3%

Other

2.3%

2.1%

2.2%

•

Subprime

•

Option ARMs

Discontinued in 2007

•

Brokered home equity ($1.9B)

Suspended in 2008

•

Homebuilder/residential development ($1.3B)

•

Other non-owner occupied commercial RE

excluding homebuilder/developer ($8.0B)

Saleability

•

All mortgages originated for intended sale*

Total

3.1%

2.9%

3.0%

6

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

7

Fifth Third Bank | All Rights Reserved

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*

8

Fifth Third Bank | All Rights Reserved

Troubled debt restructurings (TDR) overview

Successive improvement in vintage performance during 2008 and

2009, even as volume of modification increased

Fifth Third’s mortgage portfolio TDRs

have redefaulted

at a lower

rate than other bank held portfolio modifications

—

Fifth Third’s TDRs

are about a third less likely to redefault

than modifications on GSE mortgages

Of $1.8B in consumer TDRs, over $1.3B (76%) are current

—

$940M of those have been current more than 6 months,

approximately half of which have been current more than a

year

As current TDRs

season, their default propensity declines

significantly

—

We

do not typically see significant defaults on current loans

once a vintage approaches 12 months since modification

Delinquent TDRs

total $415M (24%)

Of $1.8B in consumer TDRs, $1.5B are on accrual status and $271M

are nonaccruals

0%

10%

20%

30%

40%

50%

3

4

5

6

7

8

9

10

11

12

TDR performance has improved in newer vintages

Source:  Fifth Third and OCC/OTS data; data through 3Q09; industry data cumulative through 3Q09

Mortgage TDR 60+ redefault

trend by vintage

1Q08      $69M

2Q08    $135M

3Q08    $146M

4Q08    $176M

1Q09    $221M

2Q09    $257M

Months since modification

Volume by

vintage

3Q09    $386M

Current consumer TDRs

($MMs)

Outperforming redefault

benchmarks

Mortgage

TDR

60+

redefault

rate:

Fifth

Third

comparison

(through Sept. 2009)

Fannie Mae

Industry

portfolio loans

Fifth Third

Freddie Mac

9

Fifth Third Bank | All Rights Reserved

Nonperforming assets*

•

Total NPAs

of $3.1B

•

Homebuilder/developer

NPAs

of

$520M;

represent 17% of total NPAs

•

Commercial

NPAs

of

$2.4B;

down

5%

from   

the previous quarter

•

Consumer

NPAs

of

$715M;

up

1%

from

the  

previous quarter

C&I^ (27%)

CRE (50%)

Residential (19%)

Other Consumer (4%)

^ C&I includes commercial lease

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

* NPAs

exclude loans held-for-sale.

Residential

$590M

19%

C&I^

$843M

27%

Other

$96M

4%

CRE

$1.6B

50%

10

Fifth Third Bank | All Rights Reserved

Nonperforming loan rollforward

Commercial

Consumer

Total

1Q09

2Q09

3Q09

4Q09

1Q10

Beginning NPL amount

457

459

477

517

555

New nonaccrual loans

157

125

160

152

137

Net other activity

(155)

(107)

(120)

(114)

(131)

Ending Consumer NPL

459

477

517

555

561

Total NPL

2,396

2,587

2,947

2,947

2,733

Total new nonaccrual loans

956

669

992

754

542

1Q09

2Q09

3Q09

4Q09

1Q10

Beginning NPL amount

1,406

1,937

2,110

2,430

2,392

New nonaccrual loans

799

544

832

602

405

Paydowns, transfers and sales

(157)

(190)

(246)

(332)

(425)

Charge-offs

(111)

(181)

(266)

(308)

(200)

Ending Commercial NPL

1,937

2,110

2,430

2,392

2,172

11

Fifth Third Bank | All Rights Reserved

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

32%

of 1Q10 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $3.2B; 1Q10

NCO ratio of 6.6%

–

1Q10 C&I loss rate of 2.5%, excluding loans to real

estate related industries, 1.9%

•

FL represented 16% of 1Q10 losses, 7% of loans; MI

represented 27% of losses, 15% of loans

* NPAs

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

transferred to held-for-sale in 4Q08.

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$28,617

$28,409

$26,175

$25,683

$26,131

90+ days delinquent

$131

$142

$256

$118

$63

as % of loans

0.46%

0.50%

0.98%

0.46%

0.24%

NPAs

$675

$634

$790

$781

$788

as % of loans

2.36%

2.23%

3.02%

3.04%

3.02%

Net charge-offs

$103

$177

$256

$183

$162

as % of loans

1.45%

2.53%

3.70%

2.81%

2.49%

C&I

12

Fifth Third Bank | All Rights Reserved

Commercial mortgage*

Accomodation

4%

Retail Trade

4%

Construction

9%

Auto

Manufacturing

0%

Finance &

Insurance

1%

Manufacturing

4%

Real Estate

52%

Other

21%

Wholesale

Trade

2%

Auto Retailers

3%

Loans by geography

Credit trends

Loans by industry

Comments

•

Owner

occupied

1Q10

NCO

ratio

of

2.1%,

other

non-owner

occupied 1Q10 NCO ratio of 4.5%

•

In 4Q08 reduced problem assets in most stressed markets (FL

and MI) through portfolio actions

•

Loans

from

FL/MI

represented

40%

of

total

loans,

53%

of

total

losses in 1Q10

* NPAs

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

transferred to held-for-sale in 4Q08.

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$12,560

$12,407

$12,105

$11,803

$11,744

90+ days delinquent

$124

$131

$184

$59

$44

as % of loans

0.99%

1.06%

1.52%

0.50%

0.38%

NPAs

$718

$791

$968

$985

$1,002

as % of loans

5.72%

6.37%

8.00%

8.34%

8.53%

Net charge-offs

$77

$85

$118

$142

$99

as % of loans

2.50%

2.73%

3.82%

4.69%

3.42%

Commercial mortgage

13

Fifth Third Bank | All Rights Reserved

Commercial construction*

Accomodation

1%

Auto Retailers

0%

Finance &

insurance

3%

Construction

33%

Manufacturing

1%

Real estate

49%

Retail Trade

1%

Other

11%

Wholesale

Trade

1%

Loans by geography

Credit trends

Loans by industry

Comments

* NPAs

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

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

•

Owner

occupied

1Q10

NCO

ratio

of

4.6%,

other

non-owner

occupied 1Q10 NCO ratio of 9.7%

•

In 4Q08 reduced problem assets in most stressed markets (FL

and MI) through portfolio actions

•

Loans

from

FL/MI

represented

29%

of

total

loans,

40%

of

total

losses in 1Q10

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$4,745

$4,491

$4,147

$3,784

$3,277

90+ days delinquent

$49

$60

$168

$16

$9

as % of loans

1.02%

1.34%

4.04%

0.44%

0.28%

NPAs

$597

$735

$751

$707

$569

as % of loans

12.59%

16.36%

18.11%

18.68%

17.36%

Net charge-offs

$76

$79

$126

$135

$78

as % of loans

6.21%

6.76%

11.56%

13.28%

8.57%

Commercial construction

14

Fifth Third Bank | All Rights Reserved

Homebuilders/developers*

Loans by geography

Credit trends

Loans by industry

Comments

•

Currently 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 39% Construction, 

47% Mortgage, 14% C&I

MI

17%

OH

23%

IN

7%

IL

5%

KY

4%

TN

4%

NC

15%

Other

3%

FL

22%

C&I

14%

Commercial

construction

39%

Commercial

mortgage

47%

* NPAs

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

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

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$2,322

$2,102

$1,846

$1,563

$1,324

90+ days delinquent

$37

$53

$79

$19

$6

as % of loans

1.59%

2.51%

4.29%

1.19%

0.43%

NPAs

$554

$613

$600

$548

$520

as % of loans

23.87%

29.14%

32.51%

35.09%

39.28%

Net charge-offs

$64

$76

$108

$110

$81

as % of loans

10.73%

14.06%

21.92%

26.25%

22.89%

Homebuilders/developers

15

Fifth Third Bank | All Rights Reserved

Residential mortgage

1 

liens:

100%

;

weighted

average

LTV:

78%

Weighted average origination FICO: 724

Origination FICO distribution:  <660 11%; 660-689 8%; 690-719

12%;

720-749

14%;

750+

31%;

Other

^

24%

(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 6%; >95% 16%

Vintage distribution: 2010 2%;

2009 6%; 2008 13%; 2007 16%;

2006 15%; 2005 24%; 2004 and prior 24%

% through broker: 13%; performance similar to direct

Loans by geography

Credit trends

Portfolio details

Comments

FL portfolio 28% of loans driving 53% of total losses

FL lots ($260M) running at 29%

annualized loss rate (YTD)

Mortgage company originations targeting 95% salability

^ 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)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$8,875

$8,489

$8,229

$8,035

$7,918

90+ days delinquent

$231

$242

$198

$189

$157

as % of loans

2.60%

2.85%

2.41%

2.35%

1.98%

NPAs

$475

$475

$484

$523

$521

as % of loans

5.35%

5.59%

5.89%

6.51%

6.57%

Net charge-offs

$75

$112

$92

$78

$88

as % of loans

3.27%

5.17%

4.38%

3.82%

4.46%

Residential mortgage

st

16

Fifth Third Bank | All Rights Reserved

Home equity

1

liens:

29%;

2

liens:

71%

Weighted average origination FICO: 757

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

17%; 750+ 49%; Other 10%

Average CLTV: 75%

Origination CLTV distribution: <=70 43%; 70.1-80 23%;

80.1-90 17%; 90.1-95 6%; >95 10%

Vintage

distribution:

2010

1%;

2009

5%;

2008

11%;

2007

12%;

2006

16%;

2005 15%; 2004 and prior 41%

% 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 in broker product driving  approximately 40%

total loss

Approximately

one

third

of

Fifth

Third

2

liens

are

behind

Fifth

Third

1

liens

Sequential improvement generally due to lower losses in FL

2005/2006 vintages represent 31% of portfolio; account for 56% of losses

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

13%

KY

8%

Other

1%

FL

9%

NC

5%

TN

1%

MI

21%

OH

25%

IN

10%

IL

11%

KY

7%

Other

20%

FL

3%

NC

1%

TN

2%

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$2,225

$2,125

$2,028

$1,948

$1,906

90+ days delinquent

$42

$34

$38

$33

$29

as % of loans

1.91%

1.58%

1.87%

1.72%

1.53%

Net charge-offs

$30

$39

$30

$34

$30

as % of loans

5.46%

7.41%

5.96%

7.02%

6.31%

Home equity - brokered

($ in millions)

1Q09

2Q09

3Q09

4Q09

1Q10

Balance

$10,486

$10,386

$10,349

$10,226

$10,280

90+ days delinquent

$61

$63

$66

$65

$60

as % of loans

0.59%

0.61%

0.64%

0.64%

0.58%

Net charge-offs

$42

$49

$49

$48

$43

as % of loans

1.62%

1.91%

1.89%

1.85%

1.65%

Home equity - direct

nd

st

nd

st

17

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

Losses

due to significant declines in

valuations

Valuations; relatively small home

equity portfolio

COML

MORTGAGE

C&I

RESI

MORTGAGE

OTHER

CONS

COML

CONST

COML

LEASE

HOME

EQUITY

AUTO

CREDIT

CARD

Total Loans

NPAs

NCOs

* 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%

128

16%

27

16%

Commercial mortgage

1.5

13%

295

29%

20

20%

Commercial construction

0.6

18%

174

31%

16

21%

Commercial lease

0.0

1%

2

4%

-

0%

Commercial

3.9

9%

599

25%

63

18%

Mortgage

2.2

28%

271

52%

46

53%

Home equity

1.0

8%

6

9%

11

15%

Auto

0.5

5%

2

8%

4

12%

Credit card

0.1

6%

7

7%

5

12%

Other consumer

0.0

2%

0

22%

0

9%

Consumer

3.8

12%

286

40%

67

28%

Total

7.7

10%

885

28%

130

22%

18

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

COML

MORTGAGE

C&I

RESI

MORTGAGE

OTHER

CONS

COML

CONST

COML

LEASE

HOME

EQUITY

AUTO

CREDIT

CARD

Total Loans

NPAs

NCOs

* NPAs

exclude loans held-for-sale.

($ in millions)

Loans (bn)

% of

FITB

NPAs (mm)

% of

FITB

NCOs

(mm)

% of

FITB

Commercial loans

3.9

15%

143

18%

44

27%

Commercial mortgage

3.2

27%

218

22%

33

33%

Commercial construction

0.4

11%

51

9%

15

19%

Commercial lease

0.2

6%

9

16%

2

0%

Commercial

7.7

17%

421

17%

94

27%

Mortgage

1.1

14%

51

10%

13

15%

Home equity

2.6

21%

22

32%

21

28%

Auto

1.0

10%

4

16%

3

11%

Credit card

0.3

16%

23

22%

8

19%

Other consumer

0.1

10%

0

11%

1

13%

Consumer

5.1

16%

100

14%

46

19%

Total

12.8

16%

521

17%

140

24%

19

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. 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-99.4

Exhibit 99.4

First Quarter 2010 Portfolio Loan and Lease Stratifications

Please refer to earnings release dated April 22, 2010 for further information

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

First Quarter 2010 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	6.0%	18.8%	4.0%	5.8%	5.5%	8.6%
	YTD NCO ratio	1.3%	15.9%	43.2%	41.9%	34.9%	26.2%
Michigan	Loans (% of total)	2%	3%	5%	4%	7%	21%
	NPA + 90+ ratio	1.2%	2.9%	2.2%	2.3%	2.7%	2.4%
	YTD NCO ratio	4.1%	5.0%	7.1%	9.3%	9.4%	7.6%
Other	Loans (% of total)	7%	9%	16%	11%	33%	76%
	NPA + 90+ ratio	2.1%	2.7%	2.2%	2.4%	2.1%	2.2%
	YTD NCO ratio	1.5%	2.4%	4.8%	7.2%	6.1%	5.1%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	3.7%	2.3%	2.4%	2.3%	2.4%
	YTD NCO ratio	2.1%	3.7%	6.3%	8.3%	7.3%	6.2%
1sts	Loans (% of total)	5%	4%	3%	1%	4%	15%
	NPA + 90+ ratio	2.1%	3.4%	3.4%	3.1%	2.9%	2.8%
	YTD NCO ratio	2.4%	1.5%	2.1%	0.0%	3.7%	2.3%
2nds	Loans (% of total)	5%	9%	20%	14%	37%	85%
	NPA + 90+ ratio	2.1%	3.8%	2.1%	2.4%	2.2%	2.4%
	YTD NCO ratio	1.8%	4.7%	6.8%	8.6%	7.6%	7.0%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	3.7%	2.3%	2.4%	2.3%	2.4%
	YTD NCO ratio	2.1%	3.7%	6.3%	8.3%	7.3%	6.2%
HE loans	Loans (% of total)	1%	3%	5%	3%	12%	24%
	NPA + 90+ ratio	1.3%	4.5%	3.5%	3.1%	2.4%	2.9%
	YTD NCO ratio	0.5%	4.2%	4.7%	12.2%	7.4%	6.7%
HELOCs	Loans (% of total)	9%	10%	18%	11%	28%	76%
	NPA + 90+ ratio	2.2%	3.4%	1.9%	2.2%	2.2%	2.3%
	YTD NCO ratio	2.4%	3.6%	6.7%	7.2%	7.3%	6.1%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	3.7%	2.3%	2.4%	2.3%	2.4%
	YTD NCO ratio	2.1%	3.7%	6.3%	8.3%	7.3%	6.2%
< 660#	Loans (% of total)	1%	1%	1%	1%	1%	4%
	NPA + 90+ ratio	4.8%	9.4%	5.7%	5.1%	2.9%	5.0%
	YTD NCO ratio	4.7%	5.2%	16.1%	6.6%	6.1%	8.6%
660-689	Loans (% of total)	1%	1%	3%	2%	5%	12%
	NPA + 90+ ratio	4.0%	9.7%	4.8%	4.0%	3.2%	4.3%
	YTD NCO ratio	2.3%	5.5%	9.6%	8.1%	8.4%	7.9%
690-719	Loans (% of total)	1%	2%	4%	3%	10%	21%
	NPA + 90+ ratio	4.0%	2.8%	2.9%	3.1%	2.8%	2.9%
	YTD NCO ratio	5.7%	5.5%	5.7%	8.1%	8.6%	7.4%
720-749	Loans (% of total)	2%	3%	5%	4%	11%	23%
	NPA + 90+ ratio	2.1%	3.2%	1.6%	1.5%	2.1%	2.0%
	YTD NCO ratio	1.6%	3.3%	8.8%	8.5%	7.7%	7.1%
750+	Loans (% of total)	5%	6%	9%	5%	13%	39%
	NPA + 90+ ratio	1.0%	2.6%	1.1%	1.8%	1.6%	1.6%
	YTD NCO ratio	1.0%	2.7%	3.0%	8.6%	5.7%	4.4%
Other^	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	2.1%	0.0%	0.0%	0.0%	0.0%	1.5%
	YTD NCO ratio	2.4%	43.6%	0.0%	0.0%	-0.4%	3.4%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	3.7%	2.3%	2.4%	2.3%	2.4%
	YTD NCO ratio	2.1%	3.7%	6.3%	8.3%	7.3%	6.2%

# 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 ($10.1 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	1.4%	1.8%	2.5%	3.4%	7.2%	1.9%
	YTD NCO ratio	1.7%	3.1%	11.2%	6.4%	6.1%	3.3%
Michigan	Loans (% of total)	9%	5%	4%	1%	2%	21%
	NPA + 90+ ratio	0.8%	1.0%	1.4%	1.6%	1.7%	1.1%
	YTD NCO ratio	1.5%	1.2%	3.1%	3.1%	6.4%	2.3%
Other	Loans (% of total)	29%	16%	13%	5%	7%	70%
	NPA + 90+ ratio	0.9%	0.9%	0.9%	1.2%	1.2%	0.9%
	YTD NCO ratio	0.8%	0.7%	1.2%	2.5%	3.4%	1.2%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	1.0%	1.0%	1.1%	1.4%	1.5%	1.1%
	YTD NCO ratio	1.0%	1.0%	2.2%	2.8%	4.1%	1.6%
1sts	Loans (% of total)	20%	8%	3%	1%	1%	32%
	NPA + 90+ ratio	0.5%	1.2%	1.5%	1.6%	1.9%	0.8%
	YTD NCO ratio	0.5%	0.7%	0.5%	1.4%	0.1%	0.5%
2nds	Loans (% of total)	24%	15%	14%	6%	9%	68%
	NPA + 90+ ratio	1.3%	0.9%	1.0%	1.4%	1.5%	1.2%
	YTD NCO ratio	1.5%	1.1%	2.5%	2.9%	4.4%	2.1%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	1.0%	1.0%	1.1%	1.4%	1.5%	1.1%
	YTD NCO ratio	1.0%	1.0%	2.2%	2.8%	4.1%	1.6%
HE loans	Loans (% of total)	4%	2%	2%	1%	2%	11%
	NPA + 90+ ratio	2.1%	1.5%	1.6%	1.3%	1.7%	1.7%
	YTD NCO ratio	1.1%	0.4%	1.5%	1.5%	3.9%	1.5%
HELOCs	Loans (% of total)	39%	21%	15%	5%	8%	89%
	NPA + 90+ ratio	0.8%	0.9%	1.0%	1.4%	1.5%	1.0%
	YTD NCO ratio	1.0%	1.0%	2.3%	3.1%	4.1%	1.6%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	1.0%	1.0%	1.1%	1.4%	1.5%	1.1%
	YTD NCO ratio	1.0%	1.0%	2.2%	2.8%	4.1%	1.6%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	2.9%	3.1%	2.3%	2.5%	3.7%	2.9%
	YTD NCO ratio	1.9%	3.9%	9.0%	8.5%	7.5%	5.2%
660-689	Loans (% of total)	2%	2%	1%	1%	1%	7%
	NPA + 90+ ratio	1.2%	2.9%	3.0%	3.4%	2.2%	2.3%
	YTD NCO ratio	3.6%	2.4%	3.2%	7.0%	5.5%	3.9%
690-719	Loans (% of total)	3%	3%	2%	1%	2%	11%
	NPA + 90+ ratio	1.0%	2.2%	1.4%	2.8%	1.6%	1.6%
	YTD NCO ratio	1.1%	1.2%	3.2%	3.6%	7.2%	2.9%
720-749	Loans (% of total)	5%	4%	3%	1%	2%	16%
	NPA + 90+ ratio	0.9%	1.2%	1.2%	0.7%	1.5%	1.1%
	YTD NCO ratio	0.9%	1.2%	1.7%	1.7%	3.6%	1.6%
750+	Loans (% of total)	20%	14%	9%	3%	4%	50%
	NPA + 90+ ratio	0.3%	0.3%	0.6%	0.7%	1.0%	0.4%
	YTD NCO ratio	0.3%	0.5%	1.3%	1.5%	1.9%	0.8%
Other^	Loans (% of total)	12%	<1%	<1%	<1%	<1%	12%
	NPA + 90+ ratio	1.8%	0.6%	0.2%	0.0%	0.0%	1.8%
	YTD NCO ratio	1.8%	0.0%	2.5%	7.2%	4.5%	1.8%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	1.0%	1.0%	1.1%	1.4%	1.5%	1.1%
	YTD NCO ratio	1.0%	1.0%	2.2%	2.8%	4.1%	1.6%

# 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

4

Total home equity ($11.9 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	1.4%	2.9%	2.6%	3.7%	6.6%	2.2%
	YTD NCO ratio	1.7%	3.9%	14.3%	11.1%	15.8%	4.6%
Michigan	Loans (% of total)	8%	5%	4%	2%	3%	21%
	NPA + 90+ ratio	0.9%	1.2%	1.6%	1.8%	2.1%	1.3%
	YTD NCO ratio	1.6%	1.6%	3.9%	5.0%	7.6%	3.1%
Other	Loans (% of total)	25%	15%	13%	6%	11%	71%
	NPA + 90+ ratio	1.0%	1.0%	1.1%	1.6%	1.6%	1.2%
	YTD NCO ratio	0.8%	0.8%	1.9%	3.9%	4.6%	1.9%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.3%	1.7%	1.8%	1.3%
	YTD NCO ratio	1.1%	1.2%	3.0%	4.4%	5.5%	2.4%
1sts	Loans (% of total)	17%	7%	3%	1%	1%	29%
	NPA + 90+ ratio	0.6%	1.4%	1.7%	1.8%	2.4%	1.0%
	YTD NCO ratio	0.5%	0.7%	0.8%	1.2%	1.8%	0.7%
2nds	Loans (% of total)	21%	14%	15%	7%	13%	71%
	NPA + 90+ ratio	1.4%	1.1%	1.2%	1.7%	1.8%	1.4%
	YTD NCO ratio	1.5%	1.5%	3.4%	4.7%	5.8%	3.0%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.3%	1.7%	1.8%	1.3%
	YTD NCO ratio	1.1%	1.2%	3.0%	4.4%	5.5%	2.4%
HE loans	Loans (% of total)	4%	2%	2%	1%	3%	13%
	NPA + 90+ ratio	2.0%	2.1%	2.1%	1.9%	2.1%	2.1%
	YTD NCO ratio	1.0%	1.2%	2.5%	5.2%	5.8%	3.0%
HELOCs	Loans (% of total)	34%	19%	16%	6%	11%	87%
	NPA + 90+ ratio	0.9%	1.1%	1.2%	1.7%	1.8%	1.2%
	YTD NCO ratio	1.1%	1.2%	3.0%	4.3%	5.4%	2.3%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.3%	1.7%	1.8%	1.3%
	YTD NCO ratio	1.1%	1.2%	3.0%	4.4%	5.5%	2.4%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	3.1%	3.8%	3.0%	3.3%	3.4%	3.3%
	YTD NCO ratio	2.1%	4.0%	10.6%	7.8%	7.0%	5.8%
660-689	Loans (% of total)	2%	1%	2%	1%	2%	8%
	NPA + 90+ ratio	1.4%	3.6%	3.4%	3.6%	2.6%	2.8%
	YTD NCO ratio	3.5%	2.7%	4.9%	7.4%	6.9%	4.9%
690-719	Loans (% of total)	3%	3%	3%	1%	3%	13%
	NPA + 90+ ratio	1.2%	2.3%	1.7%	2.9%	2.2%	2.0%
	YTD NCO ratio	1.4%	1.8%	3.8%	5.2%	7.9%	4.0%
720-749	Loans (% of total)	4%	4%	4%	2%	4%	17%
	NPA + 90+ ratio	1.0%	1.5%	1.3%	1.0%	1.8%	1.3%
	YTD NCO ratio	0.9%	1.5%	3.2%	3.9%	5.5%	2.8%
750+	Loans (% of total)	18%	13%	9%	3%	5%	49%
	NPA + 90+ ratio	0.3%	0.5%	0.7%	1.0%	1.2%	0.6%
	YTD NCO ratio	0.4%	0.7%	1.6%	3.3%	3.3%	1.2%
Other^	Loans (% of total)	10%	<1%	<1%	<1%	<1%	10%
	NPA + 90+ ratio	1.8%	0.5%	0.2%	0.0%	0.0%	1.8%
	YTD NCO ratio	1.8%	0.8%	2.3%	6.7%	3.5%	1.8%
Total	Loans (% of total)	38%	21%	18%	8%	15%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.3%	1.7%	1.8%	1.3%
	YTD NCO ratio	1.1%	1.2%	3.0%	4.4%	5.5%	2.4%

# 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%	2%	7%
	NPA + 90+ ratio	30.8%	21.7%	17.6%	11.4%	6.9%	19.7%	15.1%
	YTD NCO ratio	13.6%	10.3%	22.2%	16.0%	9.9%	34.5%	20.8%
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%	0.0%	0.0%
Other non-owner occupied	Loans (% of total)	<1%	<1%	<1%	<1%	1%	4%	6%
	NPA + 90+ ratio	35.9%	25.0%	26.4%	18.8%	9.6%	20.6%	20.5%
	YTD NCO ratio	9.3%	22.4%	12.6%	15.4%	13.0%	9.4%	11.2%
Owner occupied	Loans (% of total)	10%	7%	11%	12%	28%	19%	87%
	NPA + 90+ ratio	11.2%	10.6%	7.8%	5.3%	2.8%	10.6%	7.1%
	YTD NCO ratio	4.8%	4.1%	2.9%	1.5%	1.7%	3.3%	2.7%
Total	Loans (% of total)	11%	8%	12%	14%	31%	25%	100%
	NPA + 90+ ratio	12.4%	11.8%	9.1%	6.1%	3.3%	13.0%	8.4%
	YTD NCO ratio	5.2%	5.2%	4.5%	2.9%	2.5%	7.2%	4.5%

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	20.2%	21.6%	13.2%	7.5%	10.5%	15.1%
	YTD NCO ratio	14.3%	23.3%	22.2%	43.0%	17.9%	20.8%
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	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Other non-owner occupied	Loans (% of total)	1%	3%	1%	<1%	<1%	6%
	NPA + 90+ ratio	15.0%	20.4%	29.0%	19.4%	13.7%	20.5%
	YTD NCO ratio	9.9%	11.4%	13.5%	14.0%	4.7%	11.2%
Owner occupied	Loans (% of total)	23%	36%	8%	5%	14%	87%
	NPA + 90+ ratio	5.8%	6.7%	11.6%	11.4%	6.2%	7.1%
	YTD NCO ratio	1.8%	2.2%	5.6%	3.6%	3.6%	2.7%
Total	Loans (% of total)	26%	41%	11%	6%	17%	100%
	NPA + 90+ ratio	6.7%	8.4%	13.6%	11.5%	6.9%	8.4%
	YTD NCO ratio	2.6%	3.8%	9.0%	5.7%	5.6%	4.5%

Total residential mortgage ($8.0 billion)
		Florida	Michigan	Other	Total
Lots	Loans (% of total)	3%	1%	3%	7%
	NPA + 90+ ratio	24.0%	4.5%	7.9%	15.1%
	YTD NCO ratio	29.1%	5.9%	14.9%	20.8%
Residential	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.0%
Other non-owner occupied	Loans (% of total)	4%	<1%	2%	6%
	NPA + 90+ ratio	25.9%	22.4%	11.4%	20.5%
	YTD NCO ratio	13.4%	27.5%	5.4%	11.2%
Owner occupied	Loans (% of total)	21%	13%	53%	87%
	NPA + 90+ ratio	12.9%	6.0%	5.1%	7.1%
	YTD NCO ratio	4.5%	4.2%	1.6%	2.7%
Total	Loans (% of total)	28%	14%	58%	100%
	NPA + 90+ ratio	15.8%	6.3%	5.4%	8.4%
	YTD NCO ratio	8.5%	4.7%	2.5%	4.5%

# 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 ($10.0 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	0.7%	0.8%	0.5%	0.3%	0.1%	0.8%	0.3%
	YTD NCO ratio	2.5%	2.8%	2.0%	1.5%	0.7%	2.0%	1.3%
Small/Med SUV and	Loans (% of total)	<1%	2%	6%	6%	15%	<1%	29%
Compact Pickup	NPA + 90+ ratio	0.5%	0.6%	0.4%	0.2%	0.1%	0.5%	0.2%
	YTD NCO ratio	3.6%	1.9%	1.3%	0.9%	0.4%	1.5%	0.8%
Large SUV/Full Size Pickup	Loans (% of total)	<1%	2%	5%	5%	10%	1%	22%
	NPA + 90+ ratio	0.8%	0.8%	0.5%	0.4%	0.1%	0.5%	0.3%
	YTD NCO ratio	3.4%	2.6%	1.9%	1.2%	0.5%	1.2%	1.2%
Other	Loans (% of total)	<1%	1%	1%	1%	3%	<1%	7%
	NPA + 90+ ratio	2.1%	1.9%	1.8%	0.7%	0.8%	2.7%	1.2%
	YTD NCO ratio	3.2%	6.3%	3.3%	4.7%	1.2%	5.4%	2.9%
Total	Loans (% of total)	1%	8%	19%	22%	48%	2%	100%
	NPA + 90+ ratio	0.9%	0.8%	0.5%	0.3%	0.2%	1.1%	0.3%
	YTD NCO ratio	3.1%	2.7%	1.9%	1.4%	0.6%	2.4%	1.3%
New	Loans (% of total)	<1%	3%	8%	10%	25%	1%	47%
	NPA + 90+ ratio	0.8%	0.8%	0.5%	0.3%	0.1%	0.5%	0.3%
	YTD NCO ratio	3.1%	2.5%	1.7%	1.4%	0.4%	0.9%	1.0%
Used	Loans (% of total)	1%	5%	11%	12%	23%	1%	53%
	NPA + 90+ ratio	1.0%	0.8%	0.6%	0.3%	0.2%	1.9%	0.4%
	YTD NCO ratio	3.1%	2.9%	2.0%	1.5%	0.8%	4.4%	1.5%
Total	Loans (% of total)	1%	8%	19%	22%	48%	2%	100%
	NPA + 90+ ratio	0.9%	0.8%	0.5%	0.3%	0.2%	1.1%	0.3%
	YTD NCO ratio	3.1%	2.7%	1.9%	1.4%	0.6%	2.4%	1.3%
<=100% advance rate	Loans (% of total)	1%	5%	10%	11%	30%	1%	58%
	NPA + 90+ ratio	0.9%	0.7%	0.4%	0.2%	0.1%	1.1%	0.3%
	YTD NCO ratio	2.3%	1.9%	1.1%	0.8%	0.2%	2.0%	0.7%
>100% advance rate	Loans (% of total)	<1%	3%	10%	11%	18%	<1%	42%
	NPA + 90+ ratio	1.0%	1.0%	0.7%	0.5%	0.3%	1.0%	0.5%
	YTD NCO ratio	4.6%	3.8%	2.7%	2.0%	1.2%	3.8%	2.0%
Total	Loans (% of total)	1%	8%	19%	22%	48%	2%	100%
	NPA + 90+ ratio	0.9%	0.8%	0.5%	0.3%	0.2%	1.1%	0.3%
	YTD NCO ratio	3.1%	2.7%	1.9%	1.4%	0.6%	2.4%	1.3%
<=60 month term	Loans (% of total)	<1%	2%	4%	5%	16%	1%	27%
	NPA + 90+ ratio	0.4%	0.6%	0.3%	0.2%	0.0%	0.5%	0.2%
	YTD NCO ratio	1.9%	1.4%	0.9%	0.7%	0.2%	0.5%	0.5%
>60 month term	Loans (% of total)	1%	6%	16%	17%	32%	1%	73%
	NPA + 90+ ratio	1.2%	0.9%	0.6%	0.4%	0.2%	1.6%	0.4%
	YTD NCO ratio	3.6%	3.1%	2.1%	1.6%	0.7%	4.1%	1.5%
Total	Loans (% of total)	1%	8%	19%	22%	48%	2%	100%
	NPA + 90+ ratio	0.9%	0.8%	0.5%	0.3%	0.2%	1.1%	0.3%
	YTD NCO ratio	3.1%	2.7%	1.9%	1.4%	0.6%	2.4%	1.3%

^ 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
2010	Loans (% of total, by loan type)	<1%	1%	<1%	2%	0%	1%	<1%	1%	2%	4%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	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%	0.0%	0.0%	0.0%	0.0%	0.0%
2009	Loans (% of total, by loan type)	<1%	38%	1%	7%	0%	5%	32%	17%	8%	14%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.1%	0.0%	0.0%	0.2%	2.2%	0.1%	0.3%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.1%	0.0%	0.0%	0.6%	4.0%	4.0%	0.7%
2008	Loans (% of total, by loan type)	2%	32%	3%	15%	1%	13%	22%	15%	40%	16%
	NPA + 90+ ratio	5.6%	0.0%	11.8%	4.7%	0.1%	0.4%	0.4%	9.1%	0.1%	1.8%
	YTD NCO ratio	12.2%	0.0%	8.1%	2.1%	0.0%	0.7%	1.8%	11.1%	1.0%	2.1%
2007	Loans (% of total, by loan type)	14%	19%	9%	17%	14%	11%	19%	27%	25%	16%
	NPA + 90+ ratio	10.6%	0.0%	20.9%	7.8%	2.0%	0.9%	0.5%	10.3%	0.3%	3.5%
	YTD NCO ratio	11.8%	0.0%	15.1%	2.9%	6.1%	2.1%	1.7%	11.5%	1.8%	3.5%
2006	Loans (% of total, by loan type)	35%	5%	18%	13%	32%	13%	9%	10%	10%	13%
	NPA + 90+ ratio	13.6%	0.0%	27.3%	12.9%	3.0%	1.6%	0.5%	11.5%	0.2%	5.5%
	YTD NCO ratio	25.5%	0.0%	20.0%	4.7%	9.9%	2.9%	2.0%	10.9%	1.5%	5.7%
2005	Loans (% of total, by loan type)	38%	3%	36%	22%	26%	13%	5%	8%	8%	13%
	NPA + 90+ ratio	17.3%	0.0%	24.8%	8.9%	2.5%	1.5%	0.5%	10.1%	0.3%	6.1%
	YTD NCO ratio	22.1%	0.0%	11.2%	3.5%	5.2%	2.9%	1.8%	9.4%	2.3%	4.7%
2004 & prior	Loans (% of total, by loan type)	11%	2%	33%	24%	27%	44%	3%	21%	6%	23%
	NPA + 90+ ratio	20.2%	0.0%	13.5%	5.7%	2.0%	1.2%	1.7%	9.4%	0.2%	3.1%
	YTD NCO ratio	15.6%	0.0%	6.1%	2.1%	3.3%	1.3%	2.7%	9.0%	8.8%	2.3%
Total	Loans (% of total, by loan type)	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
	NPA + 90+ ratio	15.1%	0.0%	20.5%	7.1%	2.4%	1.1%	0.3%	8.5%	0.2%	3.2%
	YTD NCO ratio	20.8%	0.0%	11.2%	2.7%	6.2%	1.6%	1.2%	9.2%	2.1%	2.9%

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

Note: Percentages may not sum due to rounding

8

First Quarter 2010 Portfolio Loan and Lease Stratifications

Commercial

9

Total commercial loans ($44.5 billion)
		Florida	Michigan	Other	Total
Other non-owner occupied	Loans (% of total)	3%	5%	13%	21%
RE	NPA ratio	28.2%	8.8%	11.6%	13.6%
	YTD NCO ratio	9.1%	8.2%	4.8%	6.2%
Owner-occupied RE	Loans (% of total)	2%	3%	8%	13%
	NPA ratio	8.7%	6.0%	4.6%	5.4%
	YTD NCO ratio	4.9%	3.8%	1.2%	2.3%
C&I	Loans (% of total)	4%	9%	46%	59%
	NPA ratio	7.4%	3.6%	2.5%	3.0%
	YTD NCO ratio	5.0%	3.6%	2.1%	2.5%
Commercial lease	Loans (% of total)	<1%	<1%	7%	8%
	NPA ratio	9.9%	4.0%	1.4%	1.6%
	YTD NCO ratio	0.0%	5.8%	0.1%	0.4%
Other	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	9%	17%	74%	100%
	NPA ratio	15.4%	5.5%	4.2%	5.4%
	YTD NCO ratio	6.5%	4.9%	2.3%	3.1%
C&I	Loans (% of total)	4%	9%	46%	59%
	NPA ratio	7.4%	3.6%	2.5%	3.0%
	YTD NCO ratio	6.2%	4.4%	1.8%	2.5%
Commercial mortgage	Loans (% of total)	3%	7%	16%	26%
	NPA ratio	19.4%	6.9%	6.9%	8.5%
	YTD NCO ratio	5.3%	4.4%	2.6%	3.4%
Commercial construction	Loans (% of total)	1%	1%	5%	7%
	NPA ratio	28.8%	14.2%	14.9%	17.4%
	YTD NCO ratio	10.4%	12.4%	7.8%	8.6%
Commercial lease	Loans (% of total)	<1%	<1%	7%	8%
	NPA ratio	9.9%	4.0%	1.4%	1.6%
	YTD NCO ratio	0.0%	4.0%	0.2%	0.4%
Other	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	9%	17%	74%	100%
	NPA ratio	15.4%	5.5%	4.2%	5.4%
	YTD NCO ratio	6.5%	4.9%	2.3%	3.1%
Homebuilders / developers	Loans (% of total)	1%	1%	2%	3%
(included in #’s above)	NPA ratio	57.4%	32.1%	34.9%	39.3%
	YTD NCO ratio	19.7%	46.2%	17.4%	22.9%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

10

Total commercial loans ($44.5 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Other non-owner occupied	Loans (% of total)	<1%	15%	6%	<1%	21%
RE	NPA ratio	0.0%	11.1%	19.5%	0.0%	13.6%
	YTD NCO ratio	0.0%	4.5%	9.7%	0.0%	6.2%
Owner-occupied RE	Loans (% of total)	<1%	12%	1%	<1%	13%
	NPA ratio	0.0%	5.3%	6.3%	0.0%	5.4%
	YTD NCO ratio	0.0%	2.1%	4.6%	0.0%	2.3%
C&I	Loans (% of total)	59%	<1%	<1%	<1%	59%
	NPA ratio	3.0%	0.0%	0.0%	0.0%	3.0%
	YTD NCO ratio	2.5%	0.0%	0.0%	0.0%	2.5%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	8%	8%
	NPA ratio	0.0%	0.0%	0.0%	1.6%	1.6%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.4%	0.4%
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%	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	59%	26%	7%	8%	100%
	NPA ratio	3.0%	8.5%	17.4%	1.6%	5.4%
	YTD NCO ratio	2.5%	3.4%	8.6%	0.4%	3.1%
Homebuilders / developers	Loans (% of total)	<1%	1%	1%	<1%	3%
(included in #’s above)	NPA ratio	12.7%	42.3%	45.1%	0.0%	39.3%
	YTD NCO ratio	9.8%	23.0%	26.9%	0.0%	22.9%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

11

Total commercial loans ($44.5 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%	16%	21%
	NPA ratio	40.4%	41.2%	30.5%	27.6%	25.9%	7.1%	13.6%
	YTD NCO ratio	32.5%	23.1%	12.4%	12.4%	6.2%	2.3%	6.2%
Owner-occupied RE	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	12%	13%
	NPA ratio	0.0%	57.1%	7.8%	0.0%	0.7%	5.3%	5.4%
	YTD NCO ratio	0.0%	26.9%	6.3%	0.0%	2.8%	2.2%	2.3%
C&I	Loans (% of total)	<1%	<1%	1%	<1%	<1%	57%	59%
	NPA ratio	30.1%	7.4%	15.8%	2.9%	7.9%	2.8%	3.0%
	YTD NCO ratio	9.6%	1.7%	9.7%	1.5%	4.3%	2.4%	2.5%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	8%	8%
	NPA ratio	0.0%	0.0%	0.0%	0.0%	0.0%	1.6%	1.6%
	YTD NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.5%	0.4%
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%	0.0%	0.0%
Total	Loans (% of total)	1%	1%	3%	1%	1%	93%	100%
	NPA ratio	39.8%	39.7%	23.8%	18.9%	22.7%	3.7%	5.4%
	YTD NCO ratio	31.3%	22.0%	11.0%	9.0%	5.8%	2.2%	3.1%
Florida	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	7%	9%
	NPA ratio	83.2%	42.2%	43.3%	8.8%	43.6%	10.1%	15.4%
	YTD NCO ratio	51.1%	4.2%	10.7%	7.9%	10.9%	4.9%	6.5%
Michigan	Loans (% of total)	<1%	<1%	1%	<1%	<1%	16%	17%
	NPA ratio	41.0%	22.0%	20.8%	34.7%	2.6%	4.1%	5.5%
	YTD NCO ratio	77.1%	39.0%	8.8%	12.6%	0.5%	3.2%	4.9%
Other	Loans (% of total)	1%	1%	2%	1%	1%	70%	73%
	NPA ratio	26.6%	41.9%	21.0%	18.7%	16.5%	3.0%	4.2%
	YTD NCO ratio	6.2%	27.7%	11.7%	8.4%	4.2%	1.6%	2.3%
Total	Loans (% of total)	1%	1%	3%	1%	1%	93%	100%
	NPA ratio	39.8%	39.7%	23.8%	18.9%	22.7%	3.7%	5.4%
	YTD NCO ratio	31.3%	22.0%	11.0%	9.0%	5.8%	2.2%	3.1%
Homebuilders / developers (included in #’s above)	Loans (% of total)	1%	1%	1%	<1%	<1%	<1%	3%
	NPA ratio	39.8%	39.7%	49.5%	0.0%	0.0%	4.2%	39.3%
	YTD NCO ratio	29.9%	20.8%	21.0%	0.0%	0.0%	6.2%	22.9%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

12

Total commercial loans ($44.5 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Accommodation	Loans (% of total)	1%	1%	<1%	<1%	2%
	NPA ratio	3.7%	9.4%	29.6%	0.0%	6.6%
	YTD NCO ratio	1.2%	2.1%	0.0%	0.0%	1.5%
Auto manufacturing	Loans (% of total)	1%	<1%	<1%	<1%	1%
	NPA ratio	3.4%	0.7%	0.0%	0.0%	3.0%
	YTD NCO ratio	0.6%	0.0%	0.0%	0.0%	0.5%
Construction	Loans (% of total)	3%	2%	2%	<1%	8%
	NPA ratio	8.1%	24.7%	29.0%	0.4%	19.6%
	YTD NCO ratio	8.8%	10.8%	15.7%	0.0%	11.4%
Finance & insurance	Loans (% of total)	9%	<1%	<1%	<1%	10%
	NPA ratio	2.2%	4.7%	0.0%	3.7%	2.2%
	YTD NCO ratio	1.7%	4.2%	0.0%	0.0%	1.7%
Manufacturing	Loans (% of total)	12%	1%	<1%	1%	14%
	NPA ratio	3.0%	4.6%	0.0%	1.3%	3.0%
	YTD NCO ratio	0.9%	NM	0.0%	0.8%	0.8%
Real estate	Loans (% of total)	4%	13%	4%	<1%	22%
	NPA ratio	4.7%	8.9%	14.6%	0.9%	8.9%
	YTD NCO ratio	5.0%	4.1%	9.7%	0.0%	5.2%
Retail trade	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.5%	6.0%	6.9%	0.0%	3.6%
	YTD NCO ratio	1.7%	6.6%	0.9%	0.4%	3.1%
Auto retailers	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.1%	9.3%	7.9%	0.0%	4.0%
	YTD NCO ratio	1.4%	0.9%	0.0%	0.0%	1.3%
Wholesale trade	Loans (% of total)	5%	1%	<1%	<1%	5%
	NPA ratio	1.9%	2.4%	3.8%	0.4%	1.9%
	YTD NCO ratio	1.3%	0.1%	0.9%	0.0%	1.1%
Other	Loans (% of total)	21%	6%	1%	5%	33%
	NPA ratio	2.6%	2.7%	3.7%	1.9%	2.5%
	YTD NCO ratio	2.9%	NM	NM	0.5%	1.6%
Total	Loans (% of total)	59%	26%	7%	8%	100%
	NPA ratio	3.0%	8.5%	17.4%	1.6%	5.4%
	YTD NCO ratio	2.5%	3.4%	8.6%	0.4%	3.1%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

13

Total commercial loans ($44.5 billion)
		Florida	Michigan	Other	Total
Accommodation	Loans (% of total)	<1%	<1%	1%	2%
	NPA ratio	16.9%	5.9%	3.8%	6.6%
	YTD NCO ratio	3.4%	2.7%	0.6%	1.5%
Auto manufacturing	Loans (% of total)	<1%	<1%	<1%	1%
	NPA ratio	0.0%	5.5%	0.3%	3.0%
	YTD NCO ratio	0.0%	0.1%	1.0%	0.5%
Construction	Loans (% of total)	1%	1%	6%	8%
	NPA ratio	38.1%	13.3%	17.7%	19.6%
	YTD NCO ratio	26.7%	9.3%	9.3%	11.4%
Finance & insurance	Loans (% of total)	<1%	1%	8%	10%
	NPA ratio	1.8%	2.2%	2.2%	2.2%
	YTD NCO ratio	2.9%	2.8%	1.4%	1.7%
Manufacturing	Loans (% of total)	<1%	2%	12%	14%
	NPA ratio	9.5%	3.3%	2.7%	3.0%
	YTD NCO ratio	3.6%	2.5%	0.4%	0.8%
Real estate	Loans (% of total)	3%	6%	13%	22%
	NPA ratio	26.2%	7.6%	5.7%	8.9%
	YTD NCO ratio	7.3%	8.1%	3.5%	5.2%
Retail trade	Loans (% of total)	<1%	1%	2%	3%
	NPA ratio	6.5%	6.9%	2.0%	3.6%
	YTD NCO ratio	0.5%	8.2%	1.8%	3.1%
Auto retailers	Loans (% of total)	<1%	<1%	2%	3%
	NPA ratio	7.6%	2.3%	4.0%	4.0%
	YTD NCO ratio	3.4%	0.2%	1.2%	1.3%
Wholesale trade	Loans (% of total)	<1%	1%	4%	5%
	NPA ratio	0.4%	2.0%	2.1%	1.9%
	YTD NCO ratio	2.9%	2.0%	0.8%	1.1%
Other	Loans (% of total)	3%	4%	26%	33%
	NPA ratio	3.0%	3.4%	2.3%	2.5%
	YTD NCO ratio	1.1%	2.3%	1.6%	1.6%
Total	Loans (% of total)	9%	17%	74%	100%
	NPA ratio	15.4%	5.5%	4.2%	5.4%
	YTD NCO ratio	6.5%	4.9%	2.3%	3.1%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

14

Cautionary Statement

This report 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. 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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