First Quarter 2010 Trends

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

Updated stress testing -

process overview

Similar

process

that

used

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

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

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

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%

58%

10%

16%

13%

42%

NPAs

$788

$1,002

$569

$55

$2,414

$521

$70

$22

$101

$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

$342

$88

$73

$31

$44

$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

Residential

mortgage

15%

Home equity

12%

Auto

Card

Other

consumer

25%

15%

11%

Other /

National

12%

22%

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

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%

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%

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

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*

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

—

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

10%

20%

30%

40%

50%

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

Nonperforming assets*

•

Total NPAs

of $3.1B

•

Homebuilder/developer

NPAs

$520M;

represent 17% of total NPAs

•

Commercial

NPAs

$2.4B;

down

from

the previous quarter

•

Consumer

NPAs

$715M;

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

CRE

$1.6B

50%

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

2,733

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

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

Commercial mortgage*

Accomodation

Retail Trade

Construction

Auto

Manufacturing

Finance &

Insurance

Manufacturing

Real Estate

52%

Other

21%

Wholesale

Trade

Auto Retailers

Loans by geography

Credit trends

Loans by industry

Comments

•

Owner

occupied

1Q10

NCO

ratio

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%

total

loans,

53%

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

Commercial construction*

Accomodation

Auto Retailers

Finance &

insurance

Construction

33%

Manufacturing

Real estate

49%

Retail Trade

Other

11%

Wholesale

Trade

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

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%

total

loans,

40%

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

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

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

17%

23%

15%

Other

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

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

Residential mortgage

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

$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

Home equity

liens:

29%;

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

Fifth

Third

liens

are

behind

Fifth

Third

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

21%

33%

13%

Other

21%

25%

10%

11%

Other

20%

($ 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%

0.58%

Net charge-offs

$42

$49

$48

$43

as % of loans

1.62%

1.91%

1.89%

1.85%

1.65%

Home equity - direct

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

128

16%

Commercial mortgage

1.5

13%

295

29%

20%

Commercial construction

0.6

18%

174

31%

21%

Commercial lease

0.0

Commercial

3.9

599

25%

18%

Mortgage

2.2

28%

271

52%

53%

Home equity

1.0

15%

Auto

0.5

12%

Credit card

0.1

12%

Other consumer

0.0

22%

Consumer

3.8

12%

286

40%

28%

Total

7.7

10%

885

28%

130

22%

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%

27%

Commercial mortgage

3.2

27%

218

22%

33%

Commercial construction

0.4

11%

19%

Commercial lease

0.2

16%

Commercial

7.7

17%

421

17%

27%

Mortgage

1.1

14%

10%

15%

Home equity

2.6

21%

32%

28%

Auto

1.0

10%

16%

11%

Credit card

0.3

16%

22%

19%

Other consumer

0.1

10%

11%

13%

Consumer

5.1

16%

100

14%

19%

Total

12.8

16%

521

17%

140

24%

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.