EX-12.2 4 dex122.htm COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO COMBINED FIXED CHARGES Computations of Consolidated Ratios of Earnings to Combined Fixed Charges

Exhibit 12.2

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Combined Fixed Charges and Preferred Stock Dividend Requirements

($ In Millions)

 

     Three Months Ended
3/31/2010
 

Excluding Interest on Deposits:

  

Fixed Charges:

  

Interest Expense (excluding interest on deposits)

   $ 76   

One-Third of Rents, Net of Income from Subleases

     6   

Preferred Stock Dividends

     51   
        

Total Fixed Charges

   $ 133   
        

Earnings:

  

Loss Before Income Taxes

   $ (22

Fixed Charges – Excluding Preferred Stock Dividends

     82   
        

Total Earnings

   $ 60   
        

Ratio of Earnings to Fixed Charges, Excluding

  

Interest On Deposits

     N/A (a) 
        

Coverage Deficiency

   $ (73
        

Including Interest on Deposits:

  

Fixed Charges:

  

Interest Expense

   $ 247   

One-Third of Rents, Net of Income from Subleases

     6   

Preferred Stock Dividends

     51   
        

Total Fixed Charges

   $ 304   
        

Earnings:

  

Loss Before Income Taxes

   $ (22

Fixed Charges – Excluding Preferred Stock Dividends

     253   
        

Total Earnings

   $ 231   
        

Ratio of Earnings to Fixed Charges, Including

  

Interest On Deposits

     N/A (a) 
        

Coverage Deficiency

   $ (73
        

 

(a) Earnings were inadequate to cover fixed charges by $73.