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): July 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 July 22, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2010. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.3, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

Item 7.01 Regulation FD Disclosure

On July 22, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2010. A copy of this press release and its quarterly financial supplement are attached as Exhibits 99.1 and 99.3, respectively. This information is furnished under both Item 2.02 Results of Operations and Financial Condition and Item 7.01 Regulation FD Disclosure. The information in this Form 8-K and Exhibits attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference.

For the benefit of its investors, Fifth Third Bancorp is furnishing information regarding its earnings conference call and certain information regarding its portfolio of loans and leases. Copies of these items are attached as Exhibits 99.2 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 July 22, 2010

Exhibit 99.2 – Second Quarter Earnings Conference Call

Exhibit 99.3 – Quarterly Financial Supplement

Exhibit 99.4 – Second 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)
July 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	July 22, 2010
	Rich Rosen (Investors)
	(513) 534-3307
	Debra DeCourcy, APR (Media)
	(513) 579-4153

FIFTH THIRD BANCORP ANNOUNCES SECOND QUARTER 2010 EARNINGS

Net income of $192 million driven by further reductions in credit costs

• 2Q10 net income of $192 million versus 1Q10 net loss of $10 million

• 2Q10 net income available to common shareholders of $130 million, or $0.16 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 results

• Net charge-off ratio of 2.26 percent, down 75 bps sequentially from 3.01 percent; net charge-offs declined $148 million, or 25 percent, sequentially (lowest level of net charge-offs since 2Q08)

• Nonperforming assets declined 5 percent and nonperforming loans declined 8 percent sequentially (lowest levels since the first half of 2009)

• Total delinquencies (includes loans and leases 30-89 days past due and 90 days past due) declined 17 percent sequentially (lowest level since 2Q07)

• Provision expense reflecting $434 million of net charge offs and $109 million reduction in the allowance for loan and lease losses

• Loan loss allowance of 4.85 percent of loans, 146 percent of nonperforming loans and leases, and more than two times 2Q10 annualized net charge-offs

• Pre-provision net revenue (PPNR)* of $567 million, consistent with strong 1Q10 levels

• PPNR represented 174 percent of provision expense and 131 percent of net charge-offs

• Liquidity position remains very strong

• Average loans and leases decreased 2 percent sequentially, due to continued low loan demand

• Average core deposits up 12 percent year-over-year and up 1 percent sequentially; sequential comparison reflects run-off of lower value institutional public funds

• Wholesale funding down 40 percent from 2Q09

• Strong capital ratios

• Tier 1 common ratio of 7.22 percent up 25 bps sequentially, Leverage ratio of 12.21 percent up 21 bps sequentially, Tier 1 ratio of 13.75 percent up 35 bps sequentially, total capital ratio of 18.11 percent up 56 bps sequentially

• Tangible common equity ratio of 6.55 percent excluding unrealized gains/losses and 6.91 percent including unrealized gains/losses

• Book value per share of $12.65 increased 3 percent sequentially; tangible book value per share of $9.51 increased 4 percent sequentially

• Extended $20 billion of new and renewed credit in the second quarter

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

Fifth Third Bancorp (Nasdaq: FITB) today reported second quarter 2010 net income of $192 million compared with a net loss of $10 million in the first quarter and net income of $882 million in the second quarter of 2009. After preferred dividends, the second quarter 2010 net income available to common shareholders was $130 million or $0.16 per diluted share, compared with a first quarter net loss of $72 million or $0.09 per diluted share, and net income of $856 million or $1.15 per diluted share in the second quarter of 2009.

For comparison purposes, second quarter 2009 results included a pre-tax gain of $1,764 million related to the processing business sale, and a pre-tax charge of $55 million related to the special FDIC deposit insurance fund assessment. Second quarter 2009 net income available to common shareholders also included a $35 million benefit, recorded as a reduction to preferred dividend expense, reflecting the excess of the carrying value of preferred shares over the fair value of the common shares and cash exchanged through our tender offer for Series G preferred stock.

Earnings Highlights

	For the Three Months Ended															% Change
	June 2010			March 2010			December 2009			September 2009			June 2009			Seq		Yr/Yr
Earnings ($ in millions)
Net income (loss)	$	192		($	10	)	($	98	)	($	97	)	$	882		NM		(78	%)
Net income (loss) available to common shareholders	$	130		($	72	)	($	160	)	($	159	)	$	856		NM		(85	%)
Common Share Data
Earnings per share, basic		0.16			(0.09	)		(0.20	)		(0.20	)		1.35		NM		(88	%)
Earnings per share, diluted		0.16			(0.09	)		(0.20	)		(0.20	)		1.15		NM		(86	%)
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01		—		—
Financial Ratios
Return on average assets		0.68	%		(.04	%)		(.35	%)		(.34	%)		3.05	%	NM		(78	%)
Return on average common equity		5.2			(3.0	)		(6.3	)		(6.1	)		41.2		NM		(87	%)
Tier I capital		13.75			13.40			13.31			13.19			12.90		3	%	7	%
Tier I common equity		7.22			6.97			7.00			7.01			6.94		3	%	7	%
Net interest margin (a)		3.57			3.63			3.55			3.43			3.26		(2	%)	10	%
Efficiency (a)		62.1			62.6			63.1			50.8			29.9		(1	%)	108	%
Common shares outstanding (in thousands)		796,320			794,816			795,068			795,316			795,313		—		—
Average common shares outstanding (in thousands):
Basic		790,839			790,473			790,442			790,334			629,789		—		26	%
Diluted		802,255			790,473			790,442			790,334			718,245		1	%	12	%

(a) Presented on a fully taxable equivalent basis

NM: Not Meaningful

“Second quarter results marked a solid return to profitability, reflecting continued strong pre-provision earnings and significant further improvement in credit results,” said Kevin Kabat, president and CEO of Fifth Third Bancorp.

“Credit trends remained favorable, reflecting the benefit of our actions to aggressively address problems and continued efforts to improve the quality of originations and proactively resolve credit issues. Delinquent loans declined 17 percent to the lowest level since 2007. Nonperforming loans declined 8 percent to the lowest level we’ve seen since mid-2009. The net charge-off ratio of 2.26 percent is at the lowest level experienced since 2008. Net charge-offs declined $148 million, or 25 percent, from last quarter and are down over $300 million,

2

or more than 40%, from their peak in the third quarter of 2009. These positive developments contributed to a reduction in our loan loss reserves. Reserve coverage levels remain very strong relative to peers – reserves were 4.85 percent of loans, and other coverage levels increased, with reserves of 146 percent of nonperforming loans and 2.1 times second quarter annualized net charge-offs. We currently expect provision expense and reserve levels to trend down given our expectation of a stable to improving economic environment and credit trends.

Operating results were consistent with those reported in the first quarter. Pre-provision net revenue of $567 million reflected better than expected fee income results and lower expenses, which were partially offset by lower net interest income. Market developments during the quarter, particularly in Europe and in U.S. equity markets, led to an increased level of caution among potential borrowers and investors. This resulted in a substantial decline in market interest rates and a continuation of weak loan demand. As noted, fee income results remained strong. Corporate banking revenue grew 14% and card and processing revenue was up 15% sequentially, partially offset by lower mortgage banking revenue. Total noninterest expenses were down 2% sequentially. Average core deposits were up 12% over 2009 levels and wholesale funding levels were down 40% reflecting our strong liquidity position.

Capital levels remained strong. The Tier 1 common equity ratio was 7.2 percent, Tier 1 capital was 13.8 percent, and Total capital was 18.1 percent. We expect ongoing profitability to produce continued organic growth in capital levels.

The finalization of the financial reform bill is a significant development for the industry. The elements of the bill addressing financial stability are largely focused on issues related to systemic risks and capital markets-related activities. We would not expect these elements to have significant negative effects on Fifth Third, given its traditional regional banking model, although they will involve higher compliance costs. Other elements, particularly the debit interchange legislation, are likely to negatively affect our revenue and earnings although the rules are yet to be written. We expect to adapt to these changes while ensuring that we continue to provide beneficial payment services to our customers and while generating an appropriate return for those services. Additionally, capital treatment of trust preferred securities will be impacted on a phased-in basis in 2013, which we expect to deal with through capital management over time. We look forward to receiving clarity on these issues through rule-making and on changes to the Basel capital framework for financial institutions, which we also would currently expect to be manageable for Fifth Third and to have a relatively lower impact on us given our business model compared with large and global banks.

Ultimately, we believe that the evolution of the financial landscape plays to our strengths, and while capital levels and costs will be higher going forward, we are in a strong position to compete in a setting that places greater emphasis on traditional lending and deposit-taking activities.”

3

Income Statement Highlights

	For the Three Months Ended													% Change
	June 2010		March 2010			December 2009			September 2009			June 2009		Seq		Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	887	$	901		$	882		$	874		$	836	(2	%)	6	%
Provision for loan and lease losses		325		590			776			952			1,041	(45	%)	(69	%)
Total noninterest income		620		627			651			851			2,583	(1	%)	(76	%)
Total noninterest expense		935		956			967			876			1,021	(2	%)	(8	%)
Income (loss) before income taxes (taxable equivalent)		247		(18	)		(210	)		(103	)		1,357	NM		(82	%)
Taxable equivalent adjustment		5		4			4			5			5	25	%	—
Applicable income taxes		50		(12	)		(116	)		(11	)		470	NM		(89	%)
Net income (loss)		192		(10	)		(98	)		(97	)		882	NM		(78	%)
Dividends on preferred stock		62		62			62			62			26	—		138	%
Net income (loss) available to common shareholders		130		(72	)		(160	)		(159	)		856	NM		(85	%)
Earnings per share, diluted	$	0.16	($	0.09	)	($	0.20	)	($	0.20	)	$	1.15	NM		(86	%)

NM: Not Meaningful

Net Interest Income

	For the Three Months Ended															% Change
	June 2010			March 2010			December 2009			September 2009			June 2009			Seq		Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,121		$	1,147		$	1,147		$	1,174		$	1,184		(2	%)	(5	%)
Total interest expense		234			246			265			300			348		(5	%)	(33	%)
Net interest income (taxable equivalent)	$	887		$	901		$	882		$	874		$	836		(2	%)	6	%
Average Yield
Yield on interest-earning assets		4.51	%		4.62	%		4.61	%		4.61	%		4.62	%	(2	%)	(2	%)
Yield on interest-bearing liabilities		1.23	%		1.29	%		1.39	%		1.51	%		1.67	%	(5	%)	(26	%)
Net interest rate spread (taxable equivalent)		3.28	%		3.33	%		3.22	%		3.10	%		2.95	%	(2	%)	11	%
Net interest margin (taxable equivalent)		3.57	%		3.63	%		3.55	%		3.43	%		3.26	%	(2	%)	10	%
Average Balances ($ in millions)
Loans and leases, including held for sale	$	78,808		$	80,136		$	79,920		$	82,888		$	84,996		(2	%)	(7	%)
Total securities and other short-term investments		20,890			20,559			18,869			18,065			17,762		2	%	18	%
Total interest-bearing liabilities		76,415			77,655			75,815			78,759			83,407		(2	%)	(8	%)
Shareholders’ equity		13,563			13,518			13,724			13,885			12,490		—		9	%

Net interest income of $887 million on a taxable equivalent basis decreased 2 percent from $901 million in the first quarter of 2010. The net interest margin was 3.57 percent, down 6 bps from 3.63 percent in the previous quarter. The decline in net interest income reflected continued weak loan demand, prepayments of securities, the deferral of reinvestment of securities cash flows into our investment portfolio, and resulting excess liquidity held in low-yielding cash equivalents. These negative effects were partially offset by reduced funding costs, a deposit mix shift to lower cost core deposits from higher priced term deposits, and wider Libor spreads. Second quarter 2010 results were negatively affected by $6 million, or 3 bps, of higher premium amortization, including the effect of GSE repurchases of delinquent loans out of mortgage-backed securities. The net interest margin also reflected 2 bps reduction due to a higher day count in the current quarter and 2 bps reduction due to lower purchase accounting accretion on acquired loans.

Compared with the second quarter of 2009, net interest income increased $51 million and the net interest margin increased 31 bps, largely the result of the mix shift from higher cost term deposits to lower cost

4

deposit products throughout the year, which more than offset the effect of a $20 million, or 8 bps, reduction in purchase accounting accretion on acquired loans and lower loan balances.

Average Securities

Average securities and other short-term investments were $20.9 billion as of the second quarter of 2010 compared with $20.6 billion in the previous quarter and $17.8 billion in the second quarter of 2009. The increase from the prior quarter was driven by a $1.1 billion increase in average short-term investments, reflecting excess liquidity, which more than offset an $810 million decrease in investment securities resulting from prepayments and cash flows that were not reinvested. The year-over-year increase was driven by a $3.5 billion increase in average short-term investments.

Average Loans

	For the Three Months Ended										% Change
	June 2010		March 2010		December 2009		September 2009		June 2009		Seq		Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial and industrial loans	$	26,176	$	26,294	$	25,816	$	27,400	$	28,027	—		(7	%)
Commercial mortgage		11,659		11,708		11,981		12,269		12,463	—		(6	%)
Commercial construction		3,160		3,700		4,024		4,337		4,672	(15	%)	(32	%)
Commercial leases		3,336		3,467		3,574		3,522		3,512	(4	%)	(5	%)
Subtotal - commercial loans and leases		44,331		45,169		45,395		47,528		48,674	(2	%)	(9	%)
Consumer:
Residential mortgage loans		7,805		7,976		8,129		8,355		8,713	(2	%)	(10	%)
Home equity		12,102		12,338		12,291		12,452		12,636	(2	%)	(4	%)
Automobile loans		10,170		10,185		8,973		8,871		8,692	—		17	%
Credit card		1,859		1,940		1,982		1,955		1,863	(4	%)	—
Other consumer loans and leases		706		773		831		899		995	(9	%)	(29	%)
Subtotal - consumer loans and leases		32,642		33,212		32,206		32,532		32,899	(2	%)	(1	%)
Total average loans and leases (excluding held for sale)	$	76,973	$	78,381	$	77,601	$	80,060	$	81,573	(2	%)	(6	%)
Average loans held for sale		1,834		1,756		2,319		2,828		3,422	4	%	(46	%)

Average portfolio loan and lease balances declined 2 percent sequentially and 6 percent from the second quarter of 2009.

Average commercial loan and lease balances declined 2 percent sequentially and 9 percent from the second quarter of 2009. Sequential and year-over-year declines were impacted by continued low loan demand and lower commercial line utilization. Commercial and industrial (C&I) average loans were flat sequentially and declined 7 percent from the previous year. Year-over-year comparisons were affected by the addition of $724 million in C&I balances that were consolidated on January 1, 2010 due to an accounting change in U.S. GAAP. Average commercial mortgage and commercial construction loan balances declined by a combined 4 percent sequentially and 14 percent from the same period the previous year, reflecting low customer demand and tighter underwriting standards. Line usage, on an end of period basis for the second quarter, remained fairly stable at 32.1 percent of committed lines versus 32.6 percent in the first quarter of 2010 and 32.7 percent in the fourth quarter of 2009. Line utilization was 38.5 percent in the second quarter of 2009.

5

Average consumer loan and lease balances decreased 2 percent sequentially and 1 percent from the second quarter of 2009. The sequential decline reflected lower demand for consumer loans and leases, while year-over-year declines in residential mortgage loans and home equity loans were partially offset by growth in auto loans. The year-over-year comparisons were impacted by $1.2 billion of securitized auto loans and $263 million of securitized home equity loans that were consolidated on January 1, 2010 due to the previously mentioned accounting change.

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. Period end warehoused residential mortgage loans held-for-sale increased to $2.0 billion in the second quarter.

Average Deposits

	For the Three Months Ended										% Change
	June 2010		March 2010		December 2009		September 2009		June 2009		Seq		Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	19,406	$	18,822	$	18,137	$	17,059	$	16,689	3	%	16	%
Interest checking		18,652		19,533		16,324		14,869		14,837	(5	%)	26	%
Savings		19,446		18,469		17,540		16,967		16,705	5	%	16	%
Money market		4,679		4,622		4,279		4,280		4,167	1	%	12	%
Foreign office (a)		3,325		2,757		2,516		2,432		1,717	21	%	94	%
Subtotal - Transaction deposits		65,508		64,203		58,796		55,607		54,115	2	%	21	%
Other time		11,336		12,059		13,049		14,264		14,612	(6	%)	(22	%)
Subtotal - Core deposits		76,844		76,262		71,845		69,871		68,727	1	%	12	%
Certificates - $100,000 and over		6,354		7,049		8,200		10,055		11,455	(10	%)	(45	%)
Other		5		8		51		95		240	(36	%)	(98	%)
Total deposits	$	83,203	$	83,319	$	80,096	$	80,021	$	80,422	—		3	%

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

Average core deposits increased 1 percent sequentially and 12 percent from the second quarter of 2009. Consumer CDs declined while average transaction deposits increased over these periods. Average transaction deposits excluding consumer time deposits were up 2 percent from the first quarter of 2010 and increased 21 percent over the prior year quarter. Sequential growth in demand deposit balances, savings and foreign office deposits was partially offset by lower interest checking balances, primarily in public funds. The year-over-year increase was driven by growth across all transaction deposit account categories.

Retail average transaction deposits increased 5 percent sequentially and 12 percent from the second quarter of 2009 and reflected growth in savings, interest checking, and demand deposit balances.

Commercial average transaction deposits decreased 2 percent sequentially and increased 41 percent from the previous year. Excluding public funds balances, commercial average transaction deposits increased 8 percent sequentially and increased 46 percent from the second quarter of 2009 driven by increased demand deposit, interest checking, and foreign office deposit balances, reflecting excess customer liquidity. Average public funds balances were $6.5 billion, down $1.8 billion sequentially and up $1.5 billion from the second quarter of 2009. The sequential decline was largely due to adjustments in pricing reflecting our excess liquidity position, particularly with single-product relationships that do not contribute appreciably to net interest

6

income. The annual increase reflected the effect of larger peers opting out of the Transaction Account Guarantee Program (TAG) late last year. Given our liquidity position and our opting out of the TAG program on June 30, 2010, we would expect public funds balances to continue to decline in the third quarter.

Consumer CDs included in core deposits declined 6 percent sequentially and 22 percent year-over-year, reflecting maturities of higher priced, shorter-term CDs largely originated in the second half of 2008 as well as current pricing strategies given our strong liquidity position.

Noninterest Income

	For the Three Months Ended											% Change
	June 2010		March 2010		December 2009		September 2009			June 2009		Seq		Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	149	$	142	$	159	$	164		$	162	5	%	(8	%)
Corporate banking revenue		93		81		89		77			93	14	%	—
Mortgage banking net revenue		114		152		132		140			147	(25	%)	(23	%)
Investment advisory revenue		87		91		86		82			79	(4	%)	10	%
Card and processing revenue		84		73		76		74			243	15	%	(65	%)
Gain on sale of processing business		—		—		—		(6	)		1,764	NM		(100	%)
Other noninterest income		85		74		107		312			49	15	%	75	%
Securities gains (losses), net		8		14		2		8			5	(43	%)	60	%
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—		—			41	NM		(100	%)
Total noninterest income	$	620	$	627	$	651	$	851		$	2,583	(1	%)	(76	%)

NM: Not Meaningful

Noninterest income of $620 million decreased $7 million, or 1 percent, sequentially and $2.0 billion from a year ago. Sequential growth in corporate banking revenue, card and processing revenue, and deposit fees was more than offset by lower mortgage banking revenue. The decline from a year ago was driven by the $1.8 billion gain from the completion of the processing business sale in the second quarter of 2009 and the inclusion in prior year results of the revenue divested in that transaction.

Noninterest income was impacted by $10 million in positive valuation adjustments on warrants and puts related to the processing business sale, compared with a $2 million negative adjustment in the first quarter. Both the second quarter and first quarter of 2010 results included $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. First quarter of 2010 results included a $9 million reduction in income due to the increase in fair value of the liability related to the total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares. Second quarter of 2009 results included a $1.8 billion gain from the completion of the processing business sale and a $15 million write-down on a facility that we have since vacated. Excluding these items, as well as investment securities gains/losses in all periods, noninterest income decreased $22 million, or 4 percent, from the previous quarter, driven by weaker mortgage banking revenue partially offset by strong corporate banking revenue and card and processing revenue. On the same basis, the $199 million, or 25 percent, decrease from the second quarter of 2009 was largely due to merchant processing and financial

7

institution revenue in the second quarter of 2009 that was included with the processing business sale on June 30, 2009, as well as lower mortgage-related revenue.

Service charges on deposits of $149 million increased 5 percent sequentially and decreased 8 percent compared with the same quarter last year. Retail service charges increased 12 percent from the previous quarter and declined 11 percent compared with the second quarter of 2009. The sequential increase was largely driven by seasonal weakness in the first quarter. The year-over-year decline was due to a reduction of NSF fees related to a lower number of occurrences. Commercial service charges decreased 1 percent sequentially and 4 percent versus last year, reflecting higher client use of compensating balances to pay for treasury management services.

Corporate banking revenue of $93 million increased 14 percent from the first quarter of 2010 and was flat compared with the same period last year. Sequential results were driven by growth in foreign exchange revenue, institutional sales and lease termination fees, partially offset by declines in business lending fees and revenue from interest rate derivative sales. On a year-over-year basis, lower foreign exchange and letter of credit fees offset growth in institutional sales and business lending fees.

Mortgage banking net revenue was $114 million in the second quarter of 2010, a decrease of $38 million from the first quarter of 2010 results and a decrease of $33 million from the second quarter of 2009. Second quarter 2010 originations were $3.8 billion, an increase from $3.5 billion in the previous quarter and a decline from strong levels of $7.2 billion in the second quarter of 2009. Second quarter 2010 originations resulted in gains of $89 million on mortgages sold compared with gains of $70 million during the previous quarter and $161 million during the same period in 2009. Net servicing revenue, before MSR valuation adjustments, totaled $29 million in the second quarter, compared with $31 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 loss of $4 million in the second quarter of 2010, compared with a net gain of $51 million last quarter and a net loss of $16 million a year ago. The mortgage-servicing asset, net of the valuation reserve, was $646 million at quarter end on a servicing portfolio of $51 billion.

Investment advisory revenue of $87 million declined 4 percent sequentially and increased 10 percent from the second quarter of 2009. The sequential decline was primarily driven by seasonally high tax-related private client services fees in the first quarter partially offset by an increase in institutional trust and mutual fund fees in the current quarter. 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 $84 million in the second quarter of 2010, an increase of $11 million, or 15 percent, from the previous quarter. 2009 results included $169 million in merchant processing and financial institutions revenue which transitioned with the processing business sale. Excluding the divested revenue,

8

card and processing revenue increased by 14 percent from the previous year. The sequential and year-over-year increase was driven by growth in transaction volumes.

Other noninterest income totaled $85 million in the second quarter of 2010 versus $74 million in the previous quarter and $49 million in the second quarter of 2009. Second quarter 2010 results included the $10 million positive valuation adjustment of warrants and puts related to the processing business sale. Current quarter results also included $13 million of TSA revenue and $6 million of revenue from our equity interest in the processing business. First quarter 2010 results included the $9 million reduction in income related to the total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares, a $2 million decline in the valuation of warrants related to the processing business sale, $13 million of TSA revenue, and $5 million of revenue from our processing business equity interest. Second quarter 2009 results included the $15 million facility write-down. Excluding these items, other noninterest income decreased $11 million from the previous quarter and $8 million from the second quarter of 2009 primarily due to increased credit-related costs. Credit-related costs recognized in noninterest income were $14 million in the second quarter of 2010 versus $1 million last quarter and $8 million in the second quarter of 2009. This quarter, we realized $6 million of net gains on the sale of loans held-for-sale and recorded $7 million of fair value charges on commercial loans held-for-sale and $13 million of losses on the sale of other real estate owned (OREO). First quarter 2010 results included net gains of $25 million on sale of loans held-for-sale, $9 million of fair value charges on commercial loans held-for-sale, and $16 million of losses on the sale of OREO. Second quarter 2009 results included net gains of $11 million on the sale of loans held-for-sale, $6 million of fair value charges on commercial loans held-for-sale, and $13 million of losses on the sale of OREO.

There were no net securities gains on non-qualifying hedges on MSRs in the second quarter of 2010 or in the previous quarter while second quarter 2009 results included net gains of $41 million.

Net gains on investment securities were $8 million in the second quarter of 2010, compared with securities gains of $14 million in the previous quarter and $5 million in the same period the previous year.

9

Noninterest Expense

	For the Three Months Ended										% Change
	June 2010		March 2010		December 2009		September 2009		June 2009		Seq		Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	356	$	329	$	331	$	335	$	346	8	%	3	%
Employee benefits		73		86		69		83		75	(15	%)	(3	%)
Net occupancy expense		73		76		75		75		79	(4	%)	(8	%)
Technology and communications		45		45		47		43		45	—		(1	%)
Equipment expense		31		30		31		30		31	3	%	—
Card and processing expense		31		25		27		25		75	28	%	(58	%)
Other noninterest expense		326		365		387		285		370	(11	%)	(12	%)
Total noninterest expense	$	935	$	956	$	967	$	876	$	1,021	(2	%)	(8	%)

Noninterest expense of $935 million decreased $21 million sequentially and $86 million from a year ago. The sequential decrease was primarily driven by a $36 million decline in credit-related expenses, outlined below, offset by higher salaries, wages and incentives due to higher levels of production and investment in sales force expansion. The decrease from a year ago was primarily driven by lower payments processing expense related to the sale of the processing business and the $55 million FDIC special assessment charge incurred in the prior year. Both the second quarter and first quarter of 2010 results included operating expenses related to the processing business that are offset by revenue under the TSA reported in other noninterest income.

Noninterest expenses incurred related to problem assets totaled $55 million in the second quarter of 2010, compared with $91 million in the first quarter of 2010 and $57 million in the second quarter of 2009. Included within this $55 million were expenses related to mortgage repurchase reserves of $18 million, compared with $39 million in the first quarter of 2010 and $10 million a year ago. (Realized mortgage repurchase losses were $18 million in the second quarter of 2010, compared with $13 million last quarter and $15 million in the second quarter of 2009.) Provision expense for unfunded commitments represented a reduction of expense of $6 million in the second quarter of 2010 versus expense of $9 million last quarter and $9 million a year ago. Derivative valuation adjustments related to customer credit risk resulted in $9 million in expenses this quarter versus $8 million last quarter and $2 million a year ago. OREO expense was $7 million this quarter, compared with $6 million last quarter and $4 million a year ago. Other work-out related expenses were $26 million in the second quarter, compared with $29 million the previous quarter and $32 million in the same period last year.

10

Credit Quality

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Total net losses charged off ($ in millions)
Commercial and industrial loans	($	104	)	($	161	)	($	183	)	($	256	)	($	177	)
Commercial mortgage loans		(78	)		(99	)		(142	)		(118	)		(85	)
Commercial construction loans		(43	)		(78	)		(135	)		(126	)		(79	)
Commercial leases		—			(4	)		(8	)		—			(1	)
Residential mortgage loans		(85	)		(88	)		(78	)		(92	)		(112	)
Home equity		(61	)		(73	)		(82	)		(80	)		(88	)
Automobile loans		(20	)		(31	)		(32	)		(34	)		(36	)
Credit card		(42	)		(44	)		(44	)		(45	)		(45	)
Other consumer loans and leases		(1	)		(4	)		(4	)		(5	)		(3	)
Total net losses charged off		(434	)		(582	)		(708	)		(756	)		(626	)
Total losses		(472	)		(622	)		(743	)		(796	)		(658	)
Total recoveries		38			40			35			40			32
Total net losses charged off	($	434	)	($	582	)	($	708	)	($	756	)	($	626	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		2.26	%		3.01	%		3.62	%		3.75	%		3.08	%
Commercial		2.03	%		3.07	%		4.08	%		4.17	%		2.81	%
Consumer		2.57	%		2.93	%		2.97	%		3.13	%		3.48	%

Net charge-offs were $434 million in the second quarter of 2010, or 226 bps of average loans on an annualized basis, and declined $148 million from first quarter net charge-offs of $582 million, or 301 bps. The decrease from the prior quarter represents improvement across most geographies, although loss experience continues to be disproportionately affected by commercial and residential real estate loans in Michigan and Florida. In aggregate, Florida and Michigan accounted for $52 million of the sequential net charge-off improvement, but represented approximately 50 percent of total losses during the quarter compared with 26 percent of total loans and leases.

Commercial net charge-offs were $225 million, or 203 bps, in the second quarter of 2010, a decrease of $117 million, or 104 bps, from the first quarter. Michigan and Florida accounted for $42 million of the sequential improvement, but 51 percent of the total commercial losses during the quarter. Within the commercial portfolio, C&I losses were $104 million, a decrease of $57 million from the previous quarter. Within C&I, losses on loans to companies in real estate-related industries were $37 million, a decrease of $14 million from the previous quarter. Commercial mortgage net losses totaled $78 million, a decrease of $21 million from the previous quarter, with Michigan and Florida accounting for 63 percent of losses. Commercial construction net losses were $43 million, a decrease of $35 million from the previous quarter, with Michigan and Florida accounting for 34 percent of losses and $16 million of the sequential improvement. Across all commercial portfolios, net losses on residential builder and developer portfolio loans totaled $48 million, down $33 million from the first quarter. These homebuilder losses included $22 million on commercial construction loans, $25 million on commercial mortgage loans, and $2 million on C&I loans. Originations of homebuilder/developer loans were suspended in 2007 and the remaining portfolio balance is $1.2 billion, down from a peak of $3.3 billion in the second quarter of 2008.

11

Consumer net charge-offs of $209 million, or 257 bps, were down $31 million, or 36 bps, from the first quarter of 2010. Net charge-offs within the residential mortgage portfolio were $85 million, a decrease of $3 million from the previous quarter, with losses in Florida representing 61 percent of residential mortgage losses in the second quarter and approximately 27 percent of total residential mortgage loans. Home equity net charge-offs of $61 million declined $12 million sequentially, with Michigan and Florida representing 41 percent of second quarter home equity losses and 29 percent of total home equity loans. Net losses on brokered home equity loans were $24 million, down $5 million sequentially, and represented 40 percent of second quarter home equity losses and 15 percent of the total home equity portfolio. The home equity portfolio included $1.8 billion of brokered loans; originations of these loans were discontinued in 2007. Net charge-offs in the auto portfolio of $20 million decreased $11 million from the first quarter as a result of the combination of seasonality, tighter underwriting standards, and continued strong values received at auction. Net losses on consumer credit card loans were $42 million, down $2 million from the previous quarter.

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	3,802		$	3,749		$	3,681		$	3,485		$	3,070
Impact of cumulative effect of change in accounting principle		—			45			—			—			—
Total net losses charged off		(434	)		(582	)		(708	)		(756	)		(626	)
Provision for loan and lease losses		325			590			776			952			1,041
Allowance for loan and lease losses, ending		3,693			3,802			3,749			3,681			3,485
Reserve for unfunded commitments, beginning		260			294			284			239			231
Impact of cumulative effect of change in accounting principle		—			(43	)		—			—			—
Provision for unfunded commitments		(6	)		9			10			45			8
Reserve for unfunded commitments, ending		254			260			294			284			239
Components of allowance for credit losses:
Allowance for loan and lease losses		3,693			3,802			3,749			3,681			3,485
Reserve for unfunded commitments		254			260			294			284			239
Total allowance for credit losses	$	3,947		$	4,062		$	4,043		$	3,965		$	3,724
Allowance for loan and lease losses ratio
As a percent of loans and leases		4.85	%		4.91	%		4.88	%		4.69	%		4.28	%
As a percent of nonperforming loans and leases (a)		146	%		139	%		127	%		125	%		135	%
As a percent of nonperforming assets (a)		124	%		122	%		116	%		114	%		123	%

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

Provision for loan and lease losses totaled $325 million in the second quarter of 2010, down $265 million from the first quarter and down $716 million from the second quarter of 2009. The allowance for loan and lease losses represented 4.85 percent of total loans and leases outstanding as of quarter end, compared with 4.91 percent last quarter, and represented 146 percent of nonperforming loans and leases and 212 percent of second quarter annualized net charge-offs.

12

	As of
	June 2010			March 2010			December 2009			September 2009			June 2009
Nonperforming Assets and Delinquent Loans ($ in millions)
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	731		$	746		$	734		$	752		$	603
Commercial mortgage loans		773			853			898			912			760
Commercial construction loans		383			479			646			697			684
Commercial leases		45			55			67			51			51
Residential mortgage loans		282			266			275			267			262
Home equity		21			23			21			24			26
Automobile loans		1			1			1			1			1
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual loans and leases	$	2,236		$	2,423		$	2,642		$	2,704		$	2,387
Restructured loans and leases - commercial (nonaccrual)		48			39			47			18			12
Restructured loans and leases - consumer (nonaccrual)		246			271			258			225			188
Total nonperforming loans and leases	$	2,530		$	2,733		$	2,947		$	2,947		$	2,587
Repossessed personal property		16			21			22			22			21
Other real estate owned (a)		423			375			275			251			232
Total nonperforming assets (b)	$	2,969		$	3,129		$	3,244		$	3,220		$	2,840
Nonaccrual loans held for sale		163			239			220			286			352
Restructured loans - commercial (nonaccrual) held for sale		4			4			4			2			—
Total nonperforming assets including loans held for sale	$	3,136		$	3,372		$	3,468		$	3,508		$	3,192
Restructured Consumer loans and leases (accrual)	$	1,561		$	1,480		$	1,392		$	1,280		$	1,074
Restructured Commercial loans and leases (accrual)	$	109		$	76		$	68			—			—
Total loans and leases 90 days past due	$	397		$	436		$	567		$	992		$	762
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		3.30	%		3.51	%		3.82	%		3.75	%		3.17	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		3.87	%		4.02	%		4.22	%		4.09	%		3.48	%

(a) Excludes government insured advances.

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

Nonperforming assets (NPAs) at quarter end were $3.0 billion or 3.87 percent of total loans, leases and OREO, and decreased $160 million, or 5 percent, from the previous quarter. Including $167 million of nonaccrual loans classified as held-for-sale, total NPAs were $3.1 billion and were down $236 million, or 7 percent, compared with the first quarter. In aggregate, Florida and Michigan represented approximately 46 percent of NPAs in the loan portfolio. Total NPAs are currently carried at approximately 56 percent of their original face value through the process of taking charge-offs, purchase accounting marks, and specific reserves recorded through the second quarter.

Commercial NPAs at quarter-end were $2.3 billion, or 5.17 percent of commercial loans, leases and OREO, and declined $140 million, or 6 percent, from the first quarter. Commercial construction portfolio NPAs were $482 million, a decline of $87 million from the previous quarter. Commercial mortgage NPAs were $956 million, a sequential decrease of $47 million. Commercial real estate loans in Michigan and Florida represented 47 percent of total commercial real estate NPAs and 37 percent of our total commercial real estate portfolio, but experienced $66 million of the sequential improvement in commercial real estate NPAs. C&I portfolio NPAs of $792 million were stable, increasing $4 million from the previous quarter. Within the commercial loan portfolio, NPAs in the residential real estate builder and developer portfolio were down $90 million from the first quarter to $431 million, of which $199 million were commercial construction assets, $211 million were commercial mortgage assets and $21 million were C&I assets. Commercial NPAs included $48 million of nonaccrual troubled debt restructurings (TDRs), compared with $39 million last quarter.

13

At quarter-end, we held $167 million of commercial nonaccrual loans for sale, compared with $243 million at the end of the first quarter. During the quarter, we transferred $10 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 35 percent of original balances. We recorded negative valuation adjustments of $7 million on held-for-sale loans and we recorded net gains of $6 million on loans that were sold or settled during the quarter.

Consumer NPAs of $695 million, or 2.13 percent of consumer loans, leases and OREO, decreased $20 million, or 3 percent, from the first quarter. Of consumer NPAs, $614 million were in residential real estate portfolios. Residential mortgage NPAs were $549 million, up $28 million from the previous quarter. Home equity NPAs decreased $5 million from last quarter to $65 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. Credit card NPAs declined $37 million from the previous quarter to $64 million due to TDRs returned to accrual status. Consumer nonaccrual TDRs were $246 million in the second quarter of 2010, compared with $271 million in the first quarter.

First quarter OREO balances included in NPAs were $423 million compared with $375 million in the first quarter of 2010, and included $254 million in commercial real estate assets, $113 million in residential mortgage assets, and $16 million in home equity assets. Repossessed personal property of $16 million largely consisted of autos.

Loans still accruing over 90 days past due were $397 million, down $39 million from the first quarter of 2010. Commercial balances 90 days past due increased $22 million to $142 million in the second quarter of 2010. Consumer balances 90 days past due of $255 million declined by $61 million from the previous quarter. Loans 30-89 days past due of $693 million decreased $185 million, or 21 percent, from the previous quarter. Commercial balances 30-89 days past due declined $124 million, or 31 percent, sequentially and consumer balances 30-89 days past due were down $62 million, or 13 percent, from the first quarter.

14

Capital Position

	For the Three Months Ended
	June 2010		March 2010		December 2009		September 2009		June 2009
Capital Position
Average shareholders’ equity to average assets	12.04	%	11.92	%	12.31	%	12.24	%	10.78	%
Tangible equity (a)	9.89	%	9.67	%	9.71	%	10.08	%	9.72	%
Tangible common equity (excluding unrealized gains/losses) (a)	6.55	%	6.37	%	6.45	%	6.74	%	6.55	%
Tangible common equity (including unrealized gains/losses) (a)	6.91	%	6.61	%	6.64	%	6.98	%	6.67	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)	7.28	%	7.04	%	7.06	%	7.07	%	6.96	%
Regulatory capital ratios: (c)
Tier I capital	13.75	%	13.40	%	13.31	%	13.19	%	12.90	%
Total risk-based capital	18.11	%	17.55	%	17.48	%	17.43	%	16.96	%
Tier I leverage	12.21	%	12.00	%	12.43	%	12.34	%	12.17	%
Tier I common equity (a)	7.22	%	6.97	%	7.00	%	7.01	%	6.94	%
Book value per share	12.65		12.31		12.44		12.69		12.71
Tangible book value per share (a)	9.51		9.16		9.26		9.50		9.51

(a) The tangible equity, tangible common equity, tier I common equity and tangible book value per share ratios, while not required by accounting principles generally accepted in the United States of America (U.S. 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 U.S. 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 ratios are estimated.

Capital ratios remained strong during the quarter. Compared with the prior quarter, the Tier 1 common equity ratio increased 25 bps to 7.22 percent, the Tier 1 capital ratio increased 35 bps to 13.75 percent, and the total capital ratio increased 56 bps to 18.11 percent. The tangible common equity to tangible assets ratio increased 18 bps to 6.55 percent excluding unrealized gains/losses, and increased 30 bps to 6.91 percent including unrealized gains/losses.

Current Tier 1 and Total capital levels include $3.4 billion of preferred stock, or approximately 3.5 percent of risk weighted assets, issued under the U.S. Treasury’s Capital Purchase Program. Tier 1 and Total capital levels also include $2.8 billion of Trust Preferred Securities, or 2.8 percent of risk weighted assets. Under financial reform recently passed, the securities are scheduled to begin being phased out of Tier 1 capital over three years beginning in 2013. To the extent these securities remain outstanding during and after the phase-in period, they would still be expected to be included in Total Capital. We expect to manage our capital structure, including the components represented by common equity and non-common equity, over time to adapt to the effect of legislation, changes to Bank for International Settlements (BIS) capital rules (also known as “Basel III”), and our goals for capital levels and capital composition as appropriate given any changes in rules.

Book value per share at June 30, 2010 was $12.65 and tangible book value per share was $9.51, compared with March 31, 2010 book value per share of $12.31 and tangible book value per share of $9.16.

15

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).

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, August 5^th by dialing 800-642-1687 for domestic access and 706-645-9291 for international access (passcode 81577448#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of June 30, 2010, the Company has $112 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 102 Bank Mart^® locations open seven days a week inside select grocery stores and 2,362 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 June 30, 2010, had $178 billion in assets under care, of which it managed $24 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

16

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.

# # #

17

Quarterly Financial Review for June 30, 2010

Table of Contents

Financial Highlights	19-20
Consolidated Statements of Income	21
Consolidated Statements of Income (Taxable Equivalent)	22
Consolidated Balance Sheets	23-24
Consolidated Statements of Changes in Shareholders’ Equity	25
Average Balance Sheet and Yield Analysis	26-28
Summary of Loans and Leases	29
Regulatory Capital	30
Summary of Credit Loss Experience	31
Asset Quality	32
Regulation G Non-GAAP Reconciliation	33
Segment Presentation	34

18

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended									% Change				Year to Date						% Change
	June 2010			March 2010			June 2009			Seq		Yr/Yr		June 2010			June 2009			Yr/Yr
Income Statement Data
Net interest income (a)	$	887		$	901		$	836		(2	%)	6	%	$	1,788		$	1,617		11	%
Noninterest income		620			627			2,583		(1	%)	(76	%)		1,247			3,280		(62	%)
Total revenue (a)		1,507			1,528			3,419		(1	%)	(56	%)		3,035			4,897		(38	%)
Provision for loan and lease losses		325			590			1,041		(45	%)	(69	%)		915			1,814		(50	%)
Noninterest expense		935			956			1,021		(2	%)	(8	%)		1,891			1,984		(5	%)
Net income (loss)		192			(10	)		882		NM		(78	%)		182			932		(80	%)
Net income (loss) available to common shareholders		130			(72	)		856		NM		(85	%)		57			829		(93	%)
Common Share Data
Earnings per share, basic	$	0.16		($	0.09	)	$	1.35		NM		(88	%)	$	0.07		$	1.37		(95	%)
Earnings per share, diluted		0.16			(0.09	)		1.15		NM		(86	%)		0.07			1.18		(94	%)
Cash dividends per common share		0.01			0.01			0.01		—		—			0.02			0.02		—
Book value per share		12.65			12.31			12.71		3	%	—			12.65			12.71		—
Market price per share		12.29			13.56			7.10		(9	%)	73	%		12.29			7.10		73	%
Common shares outstanding (in thousands)		796,320			794,816			795,313		—		—			796,320			795,313		—
Average common shares outstanding (in thousands):
Basic		790,839			790,473			629,789		—		26	%		790,657			600,960		32	%
Diluted		802,255			790,473			718,245		1	%	12	%		799,666			693,590		15	%
Market capitalization	$	9,787		$	10,778		$	5,647		(9	%)	73	%	$	9,787		$	5,647		73	%
Financial Ratios
Return on assets		0.68	%		(0.04	%)		3.05	%	NM		(78	%)		0.32	%		1.60	%	(80	%)
Return on average common equity		5.2	%		(3.0	%)		41.2	%	NM		(87	%)		1.2	%		20.7	%	(94	%)
Noninterest income as a percent of total revenue		41	%		41	%		76	%	—		(46	%)		41	%		67	%	(39	%)
Average equity as a percent of average assets		12.04	%		11.92	%		10.78	%	1	%	12	%		11.98	%		10.48	%	14	%
Tangible equity (b) (d)		9.89	%		9.67	%		9.72	%	2	%	2	%		9.89	%		9.72	%	2	%
Tangible common equity (c) (d)		6.55	%		6.37	%		6.55	%	3	%	—			6.55	%		6.55	%	—
Net interest margin (a)		3.57	%		3.63	%		3.26	%	(2	%)	10	%		3.60	%		3.16	%	14	%
Efficiency (a)		62.1	%		62.6	%		29.9	%	(1	%)	108	%		62.3	%		40.5	%	54	%
Effective tax rate		20.5	%		53.0	%		34.7	%	(61	%)	(41	%)		17.3	%		14.5	%	19	%
Credit Quality
Net losses charged off	$	434		$	582		$	626		(25	%)	(31	%)	$	971		$	1,116		(13	%)
Net losses charged off as a percent of average loans and leases		2.26	%		3.01	%		3.08	%	(25	%)	(27	%)		2.64	%		2.73	%	(3	%)
Allowance for loan and lease losses as a percent of loans and leases		4.85	%		4.91	%		4.28	%	(1	%)	13	%		4.85	%		4.28	%	13	%
Allowance for credit losses as a percent of loans and leases		5.18	%		5.25	%		4.57	%	(1	%)	13	%		5.18	%		4.57	%	13	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		3.87	%		4.02	%		3.48	%	(4	%)	11	%		3.87	%		3.48	%	11	%
Average Balances
Loans and leases, including held for sale	$	78,808		$	80,136		$	84,996		(2	%)	(7	%)	$	79,468		$	85,410		(7	%)
Total securities and other short-term investments		20,890			20,559			17,762		2	%	18	%		20,726			17,798		16	%
Total assets		112,613			113,433			115,878		(1	%)	(3	%)		113,021			117,272		(4	%)
Transaction deposits (f)		65,508			64,203			54,115		2	%	21	%		64,859			53,236		22	%
Core deposits (g)		76,844			76,262			68,727		1	%	12	%		76,555			67,793		13	%
Wholesale funding (h)		18,977			20,215			31,369		(6	%)	(40	%)		19,591			33,126		(41	%)
Shareholders’ equity		13,563			13,518			12,490		—		9	%		13,541			12,288		10	%
Regulatory Capital Ratios (i)
Tier I capital		13.75	%		13.40	%		12.90	%	3	%	7	%		13.75	%		12.90	%	7	%
Total risk-based capital		18.11	%		17.55	%		16.96	%	3	%	7	%		18.11	%		16.96	%	7	%
Tier I leverage		12.21	%		12.00	%		12.17	%	2	%	—			12.21	%		12.17	%	—
Tier I common equity (d)		7.22	%		6.97	%		6.94	%	4	%	4	%		7.22	%		6.94	%	4	%
Operations
Banking centers		1,309			1,309			1,306		—		—			1,309			1,306		—
ATMs		2,362			2,364			2,355		—		—			2,362			2,355		—
Full-time equivalent employees		20,479			20,038			20,702		2	%	(1	%)		20,479			20,702		(1	%)

(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, tangible common equity and tier I common equity ratios, while not required by U.S. 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

19

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Income Statement Data
Net interest income (a)	$	887		$	901		$	882		$	874		$	836
Noninterest income		620			627			651			851			2,583
Total revenue (a)		1,507			1,528			1,533			1,725			3,419
Provision for loan and lease losses		325			590			776			952			1,041
Noninterest expense		935			956			967			876			1,021
Net income (loss)		192			(10	)		(98	)		(97	)		882
Net income (loss) available to common shareholders		130			(72	)		(160	)		(159	)		856
Common Share Data
Earnings per share, basic	$	0.16		($	0.09	)	($	0.20	)	($	0.20	)	$	1.35
Earnings per share, diluted		0.16			(0.09	)		(0.20	)		(0.20	)		1.15
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01
Book value per share		12.65			12.31			12.44			12.69			12.71
Market price per share		12.29			13.56			9.75			10.13			7.10
Common shares outstanding (in thousands)		796,320			794,816			795,068			795,316			795,313
Average common shares outstanding (in thousands):
Basic		790,839			790,473			790,442			790,334			629,789
Diluted		802,255			790,473			790,442			790,334			718,245
Market capitalization	$	9,787		$	10,778		$	7,752		$	8,057		$	5,647
Financial Ratios
Return on assets		0.68	%		(0.04	%)		(0.35	%)		(0.34	%)		3.05	%
Return on average common equity		5.2	%		(3.0	%)		(6.3	%)		(6.1	%)		41.2	%
Noninterest income as a percent of total revenue		41	%		41	%		42	%		49	%		76	%
Average equity as a percent of average assets		12.04	%		11.92	%		12.31	%		12.24	%		10.78	%
Tangible equity (b) (d)		9.89	%		9.67	%		9.71	%		10.08	%		9.72	%
Tangible common equity (c) (d)		6.55	%		6.37	%		6.45	%		6.74	%		6.55	%
Net interest margin (a)		3.57	%		3.63	%		3.55	%		3.43	%		3.26	%
Efficiency (a)		62.1	%		62.6	%		63.1	%		50.8	%		29.9	%
Effective tax rate		20.5	%		53.0	%		54.4	%		10.2	%		34.7	%
Credit Quality
Net losses charged off	$	434		$	582		$	708		$	756		$	626
Net losses charged off as a percent of average loans and leases		2.26	%		3.01	%		3.62	%		3.75	%		3.08	%
Allowance for loan and lease losses as a percent of loans and leases		4.85	%		4.91	%		4.88	%		4.69	%		4.28	%
Allowance for credit losses as a percent of loans and leases		5.18	%		5.25	%		5.27	%		5.06	%		4.57	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		3.87	%		4.02	%		4.22	%		4.09	%		3.48	%
Average Balances
Loans and leases, including held for sale	$	78,808		$	80,136		$	79,920		$	82,888		$	84,996
Total securities and other short-term investments		20,890			20,559			18,869			18,065			17,762
Total assets		112,613			113,433			111,505			113,453			115,878
Transaction deposits (f)		65,508			64,203			58,796			55,607			54,115
Core deposits (g)		76,844			76,262			71,845			69,871			68,727
Wholesale funding (h)		18,977			20,215			22,107			25,947			31,369
Shareholders’ equity		13,563			13,518			13,724			13,885			12,490
Regulatory Capital Ratios (i)
Tier I capital		13.75	%		13.40	%		13.31	%		13.19	%		12.90	%
Total risk-based capital		18.11	%		17.55	%		17.48	%		17.43	%		16.96	%
Tier I leverage		12.21	%		12.00	%		12.43	%		12.34	%		12.17	%
Tier I common equity (d)		7.22	%		6.97	%		7.00	%		7.01	%		6.94	%
Operations
Banking centers		1,309			1,309			1,309			1,306			1,306
ATMs		2,362			2,364			2,358			2,372			2,355
Full-time equivalent employees		20,479			20,038			20,998			20,559			20,702

(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, tangible common equity and tier I common equity ratios, while not required by U.S. 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

20

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income

$ in millions

(unaudited)

	For the Three Months Ended								% Change				Year to Date					% Change
	June 2010		March 2010			June 2009			Seq		Yr/Yr		June 2010		June 2009			Yr/Yr
Interest Income
Interest and fees on loans and leases	$	951	$	960		$	995		(1	%)	(4	%)	$	1,910	$	1,992		(4	%)
Interest on securities		163		182			184		(10	%)	(12	%)		345		364		(5	%)
Interest on other short-term investments		2		1			0		52	%	650	%		4		1		294	%
Total interest income		1,116		1,143			1,179		(2	%)	(5	%)		2,259		2,357		(4	%)
Interest Expense
Interest on deposits		161		171			258		(6	%)	(37	%)		332		532		(37	%)
Interest on short-term borrowings		1		1			12		—		(93	%)		2		37		(95	%)
Interest on long-term debt		72		74			78		(3	%)	(8	%)		146		181		(19	%)
Total interest expense		234		246			348		(5	%)	(33	%)		480		750		(36	%)
Net Interest Income		882		897			831		(2	%)	6	%		1,779		1,607		11	%
Provision for loan and lease losses		325		590			1,041		(45	%)	(69	%)		915		1,814		(50	%)
Net interest income (loss) after provision for loan and lease losses		557		307			(210	)	82	%	NM			864		(207	)	NM
Noninterest Income
Service charges on deposits		149		142			162		5	%	(8	%)		291		308		(6	%)
Corporate banking revenue		93		81			93		14	%	—			174		206		(15	%)
Mortgage banking net revenue		114		152			147		(25	%)	(23	%)		266		281		(5	%)
Investment advisory revenue		87		91			79		(4	%)	10	%		177		158		12	%
Card and processing revenue		84		73			243		15	%	(65	%)		158		466		(66	%)
Gain on sale of processing business		—		—			1,764		NM		(100	%)		—		1,764		(100	%)
Other noninterest income		85		74			49		15	%	75	%		160		60		167	%
Securities gains (losses), net		8		14			5		(43	%)	60	%		21		(20	)	NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—			41		NM		(100	%)		—		57		(100	%)
Total noninterest income		620		627			2,583		(1	%)	(76	%)		1,247		3,280		(62	%)
Noninterest Expense
Salaries, wages and incentives		356		329			346		8	%	3	%		686		673		2	%
Employee benefits		73		86			75		(15	%)	(3	%)		159		158		—
Net occupancy expense		73		76			79		(4	%)	(8	%)		150		158		(5	%)
Technology and communications		45		45			45		—		(1	%)		90		90		—
Equipment expense		31		30			31		3	%	—			60		62		(3	%)
Card and processing expense		31		25			75		28	%	(58	%)		56		141		(60	%)
Other noninterest expense		326		365			370		(11	%)	(12	%)		690		702		(2	%)
Total noninterest expense		935		956			1,021		(2	%)	(8	%)		1,891		1,984		(5	%)
Income (loss) before income taxes		242		(22	)		1,352		NM		(82	%)		220		1,089		(80	%)
Applicable income taxes		50		(12	)		470		NM		(89	%)		38		157		(76	%)
Net income (loss)		192		(10	)		882		NM		(78	%)		182		932		(80	%)
Dividends on preferred stock		62		62			26		—		138	%		125		103		21	%
Net income (loss) available to common shareholders	$	130	($	72	)	$	856		NM		(85	%)	$	57	$	829		(93	%)

21

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	June 2010		March 2010			December 2009			September 2009			June 2009
Interest Income
Interest and fees on loans and leases	$	951	$	960		$	957		$	986		$	995
Interest on securities		163		182			186			183			184
Interest on other short-term investments		2		1			—			—			—
Total interest income		1,116		1,143			1,143			1,169			1,179
Taxable equivalent adjustment		5		4			4			5			5
Total interest income (taxable equivalent)		1,121		1,147			1,147			1,174			1,184
Interest Expense
Interest on deposits		161		171			194			228			258
Interest on short-term borrowings		1		1			2			4			12
Interest on long-term debt		72		74			69			68			78
Total interest expense		234		246			265			300			348
Net interest income (taxable equivalent)		887		901			882			874			836
Provision for loan and lease losses		325		590			776			952			1,041
Net interest income (loss) (taxable equivalent) after provision for loan and lease losses		562		311			106			(78	)		(205	)
Noninterest Income
Service charges on deposits		149		142			159			164			162
Corporate banking revenue		93		81			89			77			93
Mortgage banking net revenue		114		152			132			140			147
Investment advisory revenue		87		91			86			82			79
Card and processing revenue		84		73			76			74			243
Gain on sale of processing business		—		—			—			(6	)		1,764
Other noninterest income		85		74			107			312			49
Securities gains (losses), net		8		14			2			8			5
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—			—			—			41
Total noninterest income		620		627			651			851			2,583
Noninterest Expense
Salaries, wages and incentives		356		329			331			335			346
Employee benefits		73		86			69			83			75
Net occupancy expense		73		76			75			75			79
Technology and communications		45		45			47			43			45
Equipment expense		31		30			31			30			31
Card and processing expense		31		25			27			25			75
Other noninterest expense		326		365			387			285			370
Total noninterest expense		935		956			967			876			1,021
Income (loss) before income taxes (taxable equivalent)		247		(18	)		(210	)		(103	)		1,357
Taxable equivalent adjustment		5		4			4			5			5
Income (loss) before income taxes		242		(22	)		(214	)		(108	)		1,352
Applicable income taxes		50		(12	)		(116	)		(11	)		470
Net income (loss)		192		(10	)		(98	)		(97	)		882
Dividends on preferred stock		62		62			62			62			26
Net income (loss) available to common shareholders	$	130	($	72	)	($	160	)	($	159	)	$	856

22

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	June 2010			March 2010			June 2009			Seq		Yr/Yr
Assets
Cash and due from banks	$	2,216		$	2,133		$	2,899		4	%	(24	%)
Available-for-sale and other securities (a)		16,021			16,935			16,061		(5	%)	—
Held-to-maturity securities (b)		354			355			357		—		(1	%)
Trading securities		270			305			1,354		(11	%)	(80	%)
Other short-term investments		4,322			3,904			513		11	%	743	%
Loans held for sale		2,150			1,607			3,341		34	%	(36	%)
Portfolio loans and leases:
Commercial and industrial loans		26,008			26,131			28,409		—		(8	%)
Commercial mortgage loans		11,481			11,744			12,407		(2	%)	(7	%)
Commercial construction loans		2,965			3,277			4,491		(10	%)	(34	%)
Commercial leases		3,271			3,388			3,532		(3	%)	(7	%)
Residential mortgage loans		7,707			7,918			8,489		(3	%)	(9	%)
Home equity		11,987			12,186			12,511		(2	%)	(4	%)
Automobile loans		10,285			10,180			8,741		1	%	18	%
Credit card		1,841			1,863			1,914		(1	%)	(4	%)
Other consumer loans and leases		687			736			935		(7	%)	(27	%)
Portfolio loans and leases		76,232			77,423			81,429		(2	%)	(6	%)
Allowance for loan and lease losses		(3,693	)		(3,802	)		(3,485	)	(3	%)	6	%
Portfolio loans and leases, net		72,539			73,621			77,944		(1	%)	(7	%)
Bank premises and equipment		2,374			2,384			2,440		—		(3	%)
Operating lease equipment		489			492			474		(1	%)	3	%
Goodwill		2,417			2,417			2,417		—		—
Intangible assets		83			94			133		(12	%)	(38	%)
Servicing rights		646			725			595		(11	%)	9	%
Other assets		8,144			7,679			7,456		6	%	9	%
Total assets	$	112,025		$	112,651		$	115,984		(1	%)	(3	%)
Liabilities
Deposits:
Demand	$	19,256		$	19,482		$	17,202		(1	%)	12	%
Interest checking		17,759			19,126			14,630		(7	%)	21	%
Savings		19,646			19,099			16,819		3	%	17	%
Money market		4,666			4,782			4,193		(2	%)	11	%
Foreign office		3,430			2,844			2,244		21	%	53	%
Other time		10,966			11,643			14,540		(6	%)	(25	%)
Certificates - $100,000 and over		6,389			6,596			10,688		(3	%)	(40	%)
Other		3			2			504		71	%	(99	%)
Total deposits		82,115			83,574			80,820		(2	%)	2	%
Federal funds purchased		240			271			435		(12	%)	(45	%)
Other short-term borrowings		1,556			1,359			6,802		14	%	(77	%)
Accrued taxes, interest and expenses		721			633			959		14	%	(25	%)
Other liabilities		2,703			2,459			3,166		10	%	(15	%)
Long-term debt		10,989			10,947			10,102		—		9	%
Total liabilities		98,324			99,243			102,284		(1	%)	(4	%)
Shareholders’ equity
Common stock		1,779			1,779			1,779		—		—
Preferred stock		3,631			3,620			3,588		—		1	%
Capital surplus		1,696			1,753			1,722		(3	%)	(2	%)
Retained earnings		6,289			6,169			6,663		2	%	(6	%)
Accumulated other comprehensive income		440			288			152		53	%	189	%
Treasury stock		(134	)		(201	)		(204	)	(34	%)	(34	%)
Total shareholders’ equity (c)		13,701			13,408			13,700		2	%	—
Total liabilities and shareholders’ equity	$	112,025		$	112,651		$	115,984		(1	%)	(3	%)
(a) Amortized cost	$	15,356		$	16,523		$	15,820		(7	%)	(3	%)
(b) Market values		354			355			357		—		(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		796,320			794,816			795,313		—		—
Treasury		5,184			6,688			6,191		(22	%)	(16	%)

23

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	June 2010			March 2010			December 2009			September 2009			June 2009
Assets
Cash and due from banks	$	2,216		$	2,133		$	2,318		$	2,130		$	2,899
Available-for-sale and other securities (a)		16,021			16,935			18,213			15,682			16,061
Held-to-maturity securities (b)		354			355			355			356			357
Trading securities		270			305			355			1,079			1,354
Other short-term investments		4,322			3,904			3,369			1,126			513
Loans held for sale		2,150			1,607			2,067			2,063			3,341
Portfolio loans and leases:
Commercial and industrial loans		26,008			26,131			25,683			26,175			28,409
Commercial mortgage loans		11,481			11,744			11,803			12,105			12,407
Commercial construction loans		2,965			3,277			3,784			4,147			4,491
Commercial leases		3,271			3,388			3,535			3,584			3,532
Residential mortgage loans		7,707			7,918			8,035			8,229			8,489
Home equity		11,987			12,186			12,174			12,377			12,511
Automobile loans		10,285			10,180			8,995			8,972			8,741
Credit card		1,841			1,863			1,990			1,973			1,914
Other consumer loans and leases		687			736			780			857			935
Portfolio loans and leases		76,232			77,423			76,779			78,419			81,429
Allowance for loan and lease losses		(3,693	)		(3,802	)		(3,749	)		(3,681	)		(3,485	)
Portfolio loans and leases, net		72,539			73,621			73,030			74,738			77,944
Bank premises and equipment		2,374			2,384			2,400			2,426			2,440
Operating lease equipment		489			492			499			486			474
Goodwill		2,417			2,417			2,417			2,417			2,417
Intangible assets		83			94			106			119			133
Servicing rights		646			725			700			626			595
Other assets		8,144			7,679			7,551			7,492			7,456
Total assets	$	112,025		$	112,651		$	113,380		$	110,740		$	115,984
Liabilities
Deposits:
Demand	$	19,256		$	19,482		$	19,411		$	17,666		$	17,202
Interest checking		17,759			19,126			19,935			15,168			14,630
Savings		19,646			19,099			17,898			17,098			16,819
Money market		4,666			4,782			4,431			4,378			4,193
Foreign office		3,430			2,844			2,454			2,356			2,244
Other time		10,966			11,643			12,466			13,725			14,540
Certificates - $100,000 and over		6,389			6,596			7,700			8,962			10,688
Other		3			2			10			5			504
Total deposits		82,115			83,574			84,305			79,358			80,820
Federal funds purchased		240			271			182			433			435
Other short-term borrowings		1,556			1,359			1,415			3,674			6,802
Accrued taxes, interest and expenses		721			633			773			878			959
Other liabilities		2,703			2,459			2,701			2,547			3,166
Long-term debt		10,989			10,947			10,507			10,162			10,102
Total liabilities		98,324			99,243			99,883			97,052			102,284
Shareholders’ equity
Common stock		1,779			1,779			1,779			1,779			1,779
Preferred stock		3,631			3,620			3,609			3,599			3,588
Capital surplus		1,696			1,753			1,743			1,729			1,722
Retained earnings		6,289			6,169			6,326			6,496			6,663
Accumulated other comprehensive income		440			288			241			285			152
Treasury stock		(134	)		(201	)		(201	)		(200	)		(204	)
Total shareholders’ equity (c)		13,701			13,408			13,497			13,688			13,700
Total liabilities and shareholders’ equity	$	112,025		$	112,651		$	113,380		$	110,740		$	115,984
(a) Amortized cost	$	15,356		$	16,523		$	17,879		$	15,260		$	15,820
(b) Market values		354			355			355			356			357
(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		796,320			794,816			795,068			795,316			795,313
Treasury		5,184			6,688			6,436			6,188			6,191

24

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Shareholders’ Equity

$ in millions

(unaudited)

	For the Three Months Ended						Year to Date
	June 2010			June 2009			June 2010			June 2009
Total shareholders’ equity, beginning	$	13,408		$	12,102		$	13,497		$	12,077
Net income		192			882			182			932
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		164			(21	)		215			42
Qualifying cash flow hedges		(14	)		19			(20	)		7
Change in accumulated other comprehensive income related to employee benefit plans		2			3			4			5
Comprehensive income		344			883			381			986
Cash dividends declared:
Common stock		(8	)		(8	)		(16	)		(13	)
Preferred stock		(51	)		(51	)		(103	)		(117	)
Issuance of common stock		—			986			—			986
Dividends on exchange of preferred stock		—			35			—			35
Exchange of preferred stock, Series G		—			(269	)		—			(269	)
Stock-based awards exercised, including treasury shares issued		(3	)		1			(3	)		1
Stock-based compensation expense		11			12			22			23
Impact of cumulative effect of change in accounting principle		—			—			(77	)		—
Change in corporate tax benefit related to stock-based compensation		—			(12	)		—			(30	)
Reversal of OTTI		—			24			—			24
Other		—			(3	)		—			(3	)
Total shareholders’ equity, ending	$	13,701		$	13,700		$	13,701		$	13,700

25

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	June 2010			March 2010			June 2009			Seq		Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,179		$	26,299		$	28,038		—		(7	%)
Commercial mortgage loans		11,772			11,836			12,668		(1	%)	(7	%)
Commercial construction loans		3,258			3,781			4,842		(14	%)	(33	%)
Commercial leases		3,336			3,468			3,512		(4	%)	(5	%)
Residential mortgage loans		9,390			9,478			11,669		(1	%)	(20	%)
Home equity		12,102			12,338			12,636		(2	%)	(4	%)
Automobile loans		10,170			10,185			8,692		—		17	%
Credit card		1,859			1,940			1,863		(4	%)	—
Other consumer loans and leases		742			811			1,076		(9	%)	(31	%)
Taxable securities		16,451			17,240			16,778		(5	%)	(2	%)
Tax exempt securities		154			175			242		(12	%)	(36	%)
Other short-term investments		4,285			3,144			742		36	%	478	%
Total interest-earning assets		99,698			100,695			102,758		(1	%)	(3	%)
Cash and due from banks		2,163			2,247			2,350		(4	%)	(8	%)
Other assets		14,550			14,262			13,907		2	%	5	%
Allowance for loan and lease losses		(3,798	)		(3,771	)		(3,137	)	1	%	21	%
Total assets	$	112,613		$	113,433		$	115,878		(1	%)	(3	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	18,652		$	19,533		$	14,837		(5	%)	26	%
Savings		19,446			18,469			16,705		5	%	16	%
Money market		4,679			4,622			4,167		1	%	12	%
Foreign office		3,325			2,757			1,717		21	%	94	%
Other time		11,336			12,059			14,612		(6	%)	(22	%)
Certificates - $100,000 and over		6,354			7,049			11,455		(10	%)	(45	%)
Other		5			8			240		(36	%)	(98	%)
Federal funds purchased		264			220			542		20	%	(51	%)
Other short-term borrowings		1,478			1,449			8,002		2	%	(82	%)
Long-term debt		10,876			11,489			11,130		(5	%)	(2	%)
Total interest-bearing liabilities		76,415			77,655			83,407		(2	%)	(8	%)
Demand deposits		19,406			18,822			16,689		3	%	16	%
Other liabilities		3,229			3,438			3,292		(6	%)	(2	%)
Total liabilities		99,050			99,915			103,388		(1	%)	(4	%)
Shareholders’ equity		13,563			13,518			12,490		—		9	%
Total liabilities and shareholders’ equity	$	112,613		$	113,433		$	115,878		(1	%)	(3	%)
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.75	%		4.61	%		4.06	%
Commercial mortgage loans		4.10	%		4.20	%		4.44	%
Commercial construction loans		3.15	%		2.92	%		2.80	%
Commercial leases		4.51	%		4.54	%		4.66	%
Residential mortgage loans		4.77	%		5.18	%		5.65	%
Home equity		4.01	%		4.02	%		4.14	%
Automobile loans		6.01	%		6.24	%		6.36	%
Credit card		10.91	%		10.76	%		10.06	%
Other consumer loans and leases		13.65	%		11.87	%		7.52	%
Total loans and leases		4.86	%		4.87	%		4.71	%
Taxable securities		3.93	%		4.23	%		4.33	%
Tax exempt securities		6.98	%		7.08	%		8.04	%
Other short-term investments		0.20	%		0.18	%		0.15	%
Total interest-earning assets		4.51	%		4.62	%		4.62	%
Interest-bearing liabilities:
Interest checking		0.30	%		0.28	%		0.27	%
Savings		0.60	%		0.67	%		0.77	%
Money market		0.42	%		0.46	%		0.63	%
Foreign office		0.36	%		0.34	%		0.54	%
Other time		2.70	%		2.75	%		3.48	%
Certificates - $100,000 and over		2.13	%		2.16	%		2.80	%
Other		0.10	%		0.02	%		0.19	%
Federal funds purchased		0.17	%		0.13	%		0.18	%
Other short-term borrowings		0.21	%		0.23	%		0.61	%
Long-term debt		2.64	%		2.64	%		2.79	%
Total interest-bearing liabilities		1.23	%		1.29	%		1.67	%
Ratios:
Net interest margin (taxable equivalent)		3.57	%		3.63	%		3.26	%
Net interest rate spread (taxable equivalent)		3.28	%		3.33	%		2.95	%
Interest-bearing liabilities to interest-earning assets		76.65	%		77.12	%		81.17	%

26

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	June 2010			June 2009			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,239		$	28,500		(8	%)
Commercial mortgage loans		11,804			12,738		(7	%)
Commercial construction loans		3,518			4,978		(29	%)
Commercial leases		3,402			3,538		(4	%)
Residential mortgage loans		9,434			11,297		(16	%)
Home equity		12,219			12,699		(4	%)
Automobile loans		10,178			8,690		17	%
Credit card		1,899			1,844		3	%
Other consumer loans and leases		775			1,126		(31	%)
Taxable securities		16,843			16,532		2	%
Tax exempt securities		165			252		(35	%)
Other short-term investments		3,718			1,014		267	%
Total interest-earning assets		100,194			103,208		(3	%)
Cash and due from banks		2,205			2,393		(8	%)
Other assets		14,407			14,633		(2	%)
Allowance for loan and lease losses		(3,785	)		(2,962	)	28	%
Total assets	$	113,021		$	117,272		(4	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	19,090		$	14,534		31	%
Savings		18,960			16,490		15	%
Money market		4,651			4,362		7	%
Foreign office		3,043			1,736		75	%
Other time		11,696			14,557		(20	%)
Certificates-$100,000 and over		6,700			11,628		(42	%)
Other		6			243		(97	%)
Federal funds purchased		242			621		(61	%)
Other short-term borrowings		1,464			8,807		(83	%)
Long-term debt		11,179			11,827		(5	%)
Total interest-bearing liabilities		77,031			84,805		(9	%)
Demand deposits		19,115			16,114		19	%
Other liabilities		3,334			4,065		(18	%)
Total liabilities		99,480			104,984		(5	%)
Shareholders’ equity		13,541			12,288		10	%
Total liabilities and shareholders’ equity	$	113,021		$	117,272		(4	%)
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.68	%		4.03	%
Commercial mortgage loans		4.15	%		4.50	%
Commercial construction loans		3.03	%		3.08	%
Commercial leases		4.53	%		3.89	%
Residential mortgage loans		4.98	%		5.84	%
Home equity		4.01	%		4.21	%
Automobile loans		6.13	%		6.38	%
Credit card		10.83	%		10.47	%
Other consumer loans and leases		12.73	%		6.83	%
Total loans and leases		4.87	%		4.72	%
Taxable securities		4.08	%		4.36	%
Tax exempt securities		7.03	%		7.73	%
Other short-term investments		0.19	%		0.18	%
Total interest-earning assets		4.56	%		4.62	%
Interest-bearing liabilities:
Interest checking		0.29	%		0.27	%
Savings		0.64	%		0.83	%
Money market		0.44	%		0.67	%
Foreign office		0.35	%		0.54	%
Other time		2.73	%		3.55	%
Certificates-$100,000 and over		2.14	%		2.92	%
Other		0.05	%		0.21	%
Federal funds purchased		0.15	%		0.25	%
Other short-term borrowings		0.22	%		0.82	%
Long-term debt		2.64	%		3.09	%
Total interest-bearing liabilities		1.26	%		1.78	%
Ratios:
Net interest margin (taxable equivalent)		3.60	%		3.16	%
Net interest rate spread (taxable equivalent)		3.30	%		2.84	%
Interest-bearing liabilities to interest-earning assets		76.88	%		82.17	%

27

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,179		$	26,299		$	25,838		$	27,416		$	28,038
Commercial mortgage loans		11,772			11,836			12,126			12,449			12,668
Commercial construction loans		3,258			3,781			4,134			4,475			4,842
Commercial leases		3,336			3,468			3,574			3,522			3,512
Residential mortgage loans		9,390			9,478			10,142			10,820			11,669
Home equity		12,102			12,338			12,291			12,452			12,636
Automobile loans		10,170			10,185			8,973			8,871			8,692
Credit card		1,859			1,940			1,982			1,955			1,863
Other consumer loans and leases		742			811			860			928			1,076
Taxable securities		16,451			17,240			17,521			16,850			16,778
Tax exempt securities		154			175			205			246			242
Other short-term investments		4,285			3,144			1,143			969			742
Total interest-earning assets		99,698			100,695			98,789			100,953			102,758
Cash and due from banks		2,163			2,247			2,276			2,257			2,350
Other assets		14,550			14,262			14,084			13,724			13,907
Allowance for loan and lease losses		(3,798	)		(3,771	)		(3,644	)		(3,481	)		(3,137	)
Total assets	$	112,613		$	113,433		$	111,505		$	113,453		$	115,878
Liabilities
Interest-bearing liabilities:
Interest checking	$	18,652		$	19,533		$	16,324		$	14,869		$	14,837
Savings		19,446			18,469			17,540			16,967			16,705
Money market		4,679			4,622			4,279			4,280			4,167
Foreign office		3,325			2,757			2,516			2,432			1,717
Other time		11,336			12,059			13,049			14,264			14,612
Certificates-$100,000 and over		6,354			7,049			8,200			10,055			11,455
Other		5			8			51			95			240
Federal funds purchased		264			220			423			404			542
Other short-term borrowings		1,478			1,449			3,029			5,285			8,002
Long-term debt		10,876			11,489			10,404			10,108			11,130
Total interest-bearing liabilities		76,415			77,655			75,815			78,759			83,407
Demand deposits		19,406			18,822			18,137			17,059			16,689
Other liabilities		3,229			3,438			3,829			3,750			3,292
Total liabilities		99,050			99,915			97,781			99,568			103,388
Shareholders’ equity		13,563			13,518			13,724			13,885			12,490
Total liabilities and shareholders’ equity	$	112,613		$	113,433		$	111,505		$	113,453		$	115,878
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.75	%		4.61	%		4.48	%		4.36	%		4.06	%
Commercial mortgage loans		4.10	%		4.20	%		4.19	%		4.22	%		4.44	%
Commercial construction loans		3.15	%		2.92	%		2.65	%		2.74	%		2.80	%
Commercial leases		4.51	%		4.54	%		4.59	%		4.59	%		4.66	%
Residential mortgage loans		4.77	%		5.18	%		5.19	%		5.23	%		5.65	%
Home equity		4.01	%		4.02	%		4.06	%		4.10	%		4.14	%
Automobile loans		6.01	%		6.24	%		6.18	%		6.32	%		6.36	%
Credit card		10.91	%		10.76	%		9.66	%		9.87	%		10.06	%
Other consumer loans and leases		13.65	%		11.87	%		11.59	%		9.59	%		7.52	%
Total loans and leases		4.86	%		4.87	%		4.77	%		4.73	%		4.71	%
Taxable securities		3.93	%		4.23	%		4.17	%		4.24	%		4.33	%
Tax exempt securities		6.98	%		7.08	%		6.06	%		7.05	%		8.04	%
Other short-term investments		0.20	%		0.18	%		0.10	%		0.10	%		0.15	%
Total interest-earning assets		4.51	%		4.62	%		4.61	%		4.61	%		4.62	%
Interest-bearing liabilities:
Interest checking		0.30	%		0.28	%		0.27	%		0.24	%		0.27	%
Savings		0.60	%		0.67	%		0.70	%		0.67	%		0.77	%
Money market		0.42	%		0.46	%		0.51	%		0.55	%		0.63	%
Foreign office		0.36	%		0.34	%		0.36	%		0.43	%		0.54	%
Other time		2.70	%		2.75	%		2.95	%		3.24	%		3.48	%
Certificates-$100,000 and over		2.13	%		2.16	%		2.27	%		2.56	%		2.80	%
Other		0.10	%		0.02	%		0.09	%		0.19	%		0.19	%
Federal funds purchased		0.17	%		0.13	%		0.13	%		0.15	%		0.18	%
Other short-term borrowings		0.21	%		0.23	%		0.20	%		0.32	%		0.61	%
Long-term debt		2.64	%		2.64	%		2.65	%		2.67	%		2.79	%
Total interest-bearing liabilities		1.23	%		1.29	%		1.39	%		1.51	%		1.67	%
Ratios:
Net interest margin (taxable equivalent)		3.57	%		3.63	%		3.55	%		3.43	%		3.26	%
Net interest rate spread (taxable equivalent)		3.28	%		3.33	%		3.22	%		3.10	%		2.95	%
Interest-bearing liabilities to interest-earning assets		76.65	%		77.12	%		76.74	%		78.02	%		81.17	%

28

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	June 2010		March 2010		December 2009		September 2009		June 2009
Average Loans and Leases
Commercial:
Commercial and industrial loans	$	26,176	$	26,294	$	25,816	$	27,400	$	28,027
Commercial mortgage loans		11,659		11,708		11,981		12,269		12,463
Commercial construction loans		3,160		3,700		4,024		4,337		4,672
Commercial leases		3,336		3,467		3,574		3,522		3,512
Subtotal - commercial		44,331		45,169		45,395		47,528		48,674
Consumer:
Residential mortgage loans		7,805		7,976		8,129		8,355		8,713
Home equity		12,102		12,338		12,291		12,452		12,636
Automobile loans		10,170		10,185		8,973		8,871		8,692
Credit card		1,859		1,940		1,982		1,955		1,863
Other consumer loans and leases		706		773		831		899		995
Subtotal - consumer		32,642		33,212		32,206		32,532		32,899
Total average loans and leases (excluding held for sale)	$	76,973	$	78,381	$	77,601	$	80,060	$	81,573
Average loans held for sale		1,834		1,756		2,319		2,828		3,422
End of Period Loans and Leases
Commercial:
Commercial and industrial loans	$	26,008	$	26,131	$	25,683	$	26,175	$	28,409
Commercial mortgage loans		11,481		11,744		11,803		12,105		12,407
Commercial construction loans		2,965		3,277		3,784		4,147		4,491
Commercial leases		3,271		3,388		3,535		3,584		3,532
Subtotal - commercial		43,725		44,540		44,805		46,011		48,839
Consumer:
Residential mortgage loans		7,707		7,918		8,035		8,229		8,489
Home equity		11,987		12,186		12,174		12,377		12,511
Automobile loans		10,285		10,180		8,995		8,972		8,741
Credit card		1,841		1,863		1,990		1,973		1,914
Other consumer loans and leases		687		736		780		857		935
Subtotal - consumer		32,507		32,883		31,974		32,408		32,590
Total portfolio loans and leases	$	76,232	$	77,423	$	76,779	$	78,419	$	81,429
Core business activity		1,983		1,364		1,851		1,775		2,989
Portfolio management activity		167		243		216		288		352
Total loans held for sale		2,150		1,607		2,067		2,063		3,341
Operating lease equipment		489		492		499		486		474
Loans and Leases Serviced for Others (a):
Commercial and industrial loans		492		503		1,193		1,367		1,706
Commercial mortgage loans		315		291		264		256		264
Commercial construction loans		43		134		196		196		216
Commercial leases		143		146		150		149		152
Residential mortgage loans		51,325		50,293		48,638		46,837		43,527
Home equity		—		—		263		266		267
Automobile loans		—		—		1,230		1,394		1,569
Credit card		—		—		15		15		15
Other consumer loans and leases		—		—		7		7		7
Total loans and leases serviced for others		52,318		51,367		51,956		50,487		47,723
Total loans and leases serviced	$	131,189	$	130,889	$	131,301	$	131,455	$	132,967

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

29

Fifth Third Bancorp and Subsidiaries

Regulatory Capital (a)

$ in millions

(unaudited)

	As of
	June 2010			March 2010			December 2009			September 2009			June 2009
Tier I capital:
Shareholders’ equity	$	13,701		$	13,408		$	13,497		$	13,688		$	13,700
Goodwill and certain other intangibles		(2,537	)		(2,556	)		(2,565	)		(2,559	)		(2,564	)
Unrealized (gains) losses		(440	)		(288	)		(240	)		(285	)		(152	)
Qualifying trust preferred securities		2,763			2,763			2,763			2,763			2,763
Other		(25	)		(30	)		(27	)		(33	)		(5	)
Total tier I capital	$	13,462		$	13,297		$	13,428		$	13,574		$	13,742
Total risk-based capital:
Tier I capital	$	13,462		$	13,297		$	13,428		$	13,574		$	13,742
Qualifying allowance for credit losses		1,258			1,276			1,284			1,308			1,350
Qualifying subordinated notes		3,012			2,843			2,923			3,044			2,980
Total risk-based capital	$	17,732		$	17,416		$	17,635		$	17,926		$	18,072
Risk-weighted assets (b)	$	97,888		$	99,220		$	100,862		$	102,875		$	106,538
Ratios:
Average shareholders’ equity to average assets		12.04	%		11.92	%		12.31	%		12.24	%		10.78	%
Regulatory capital:
Fifth Third Bancorp
Tier I capital		13.75	%		13.40	%		13.31	%		13.19	%		12.90	%
Total risk-based capital		18.11	%		17.55	%		17.48	%		17.43	%		16.96	%
Tier I leverage		12.21	%		12.00	%		12.43	%		12.34	%		12.17	%
Tier I common equity		7.22	%		6.97	%		7.00	%		7.01	%		6.94	%
Fifth Third Bank (c)
Tier I capital		14.34	%		13.89	%		13.50	%		13.41	%		11.53	%
Total risk-based capital		16.35	%		15.88	%		15.56	%		15.47	%		14.38	%
Tier I leverage		12.67	%		12.41	%		12.69	%		12.76	%		9.89	%
Tier I common equity		14.34	%		13.89	%		13.50	%		13.41	%		11.69	%
Fifth Third Bank (Michigan) (c)
Tier I capital		—			—			—			—			10.13	%
Total risk-based capital		—			—			—			—			12.07	%
Tier I leverage		—			—			—			—			9.45	%
Tier I common equity		—			—			—			—			9.18	%
Fifth Third Bank N.A. (c)
Tier I capital		—			—			—			—			12.83	%
Total risk-based capital		—			—			—			—			14.12	%
Tier I leverage		—			—			—			—			10.63	%
Tier I common equity		—			—			—			—			12.83	%

(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 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) 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.

30

Fifth Third Bancorp and Subsidiaries

Summary of Credit Loss Experience

$ in millions

(unaudited)

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Average loans and leases (excluding held for sale):
Commercial and industrial loans	$	26,176		$	26,294		$	25,816		$	27,400		$	28,027
Commercial mortgage loans		11,659			11,708			11,981			12,269			12,463
Commercial construction loans		3,160			3,700			4,024			4,337			4,672
Commercial leases		3,336			3,467			3,574			3,522			3,512
Residential mortgage loans		7,805			7,976			8,129			8,355			8,713
Home equity		12,102			12,338			12,291			12,452			12,636
Automobile loans		10,170			10,185			8,973			8,871			8,692
Credit card		1,859			1,940			1,982			1,955			1,863
Other consumer loans and leases		706			773			831			899			995
Total average loans and leases (excluding held for sale)	$	76,973		$	78,381		$	77,601		$	80,060		$	81,573
Losses charged off:
Commercial and industrial loans	($	111	)	($	175	)	($	197	)	($	271	)	($	185	)
Commercial mortgage loans		(85	)		(102	)		(144	)		(124	)		(89	)
Commercial construction loans		(45	)		(80	)		(134	)		(130	)		(79	)
Commercial leases		(1	)		(4	)		(11	)		—			(1	)
Residential mortgage loans		(85	)		(88	)		(78	)		(92	)		(113	)
Home equity		(64	)		(75	)		(85	)		(82	)		(90	)
Automobile loans		(32	)		(44	)		(41	)		(44	)		(48	)
Credit card		(44	)		(46	)		(46	)		(47	)		(47	)
Other consumer loans and leases		(5	)		(8	)		(7	)		(6	)		(6	)
Total losses		(472	)		(622	)		(743	)		(796	)		(658	)
Recoveries of losses previously charged off:
Commercial and industrial loans		7			14			14			15			8
Commercial mortgage loans		7			3			2			6			4
Commercial construction loans		2			2			(1	)		4			—
Commercial leases		1			—			3			—			—
Residential mortgage loans		—			—			—			—			1
Home equity		3			2			3			2			2
Automobile loans		12			13			9			10			12
Credit card		2			2			2			2			2
Other consumer loans and leases		4			4			3			1			3
Total recoveries		38			40			35			40			32
Net losses charged off:
Commercial and industrial loans		(104	)		(161	)		(183	)		(256	)		(177	)
Commercial mortgage loans		(78	)		(99	)		(142	)		(118	)		(85	)
Commercial construction loans		(43	)		(78	)		(135	)		(126	)		(79	)
Commercial leases		—			(4	)		(8	)		—			(1	)
Residential mortgage loans		(85	)		(88	)		(78	)		(92	)		(112	)
Home equity		(61	)		(73	)		(82	)		(80	)		(88	)
Automobile loans		(20	)		(31	)		(32	)		(34	)		(36	)
Credit card		(42	)		(44	)		(44	)		(45	)		(45	)
Other consumer loans and leases		(1	)		(4	)		(4	)		(5	)		(3	)
Total net losses charged off	($	434	)	($	582	)	($	708	)	($	756	)	($	626	)
Net charge-off Ratios:
Commercial and industrial loans		1.58	%		2.49	%		2.81	%		3.70	%		2.53	%
Commercial mortgage loans		2.68	%		3.42	%		4.69	%		3.82	%		2.73	%
Commercial construction loans		5.46	%		8.57	%		13.28	%		11.56	%		6.76	%
Commercial leases		(0.01	%)		0.44	%		0.88	%		(0.04	%)		0.02	%
Residential mortgage loans		4.35	%		4.46	%		3.82	%		4.38	%		5.17	%
Home equity		2.03	%		2.38	%		2.65	%		2.54	%		2.81	%
Automobile loans		0.80	%		1.27	%		1.38	%		1.52	%		1.65	%
Credit card		9.05	%		9.23	%		8.81	%		9.08	%		9.64	%
Other consumer loans and leases		0.31	%		2.07	%		2.49	%		2.62	%		1.95	%
Total net charge-off ratio		2.26	%		3.01	%		3.62	%		3.75	%		3.08	%

31

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	June 2010			March 2010			December 2009			September 2009			June 2009
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	3,802		$	3,749		$	3,681		$	3,485		$	3,070
Impact of cumulative effect of change in accounting principle		—			45			—			—			—
Total net losses charged off		(434	)		(582	)		(708	)		(756	)		(626	)
Provision for loan and lease losses		325			590			776			952			1,041
Allowance for loan and lease losses, ending	$	3,693		$	3,802		$	3,749		$	3,681		$	3,485
Reserve for unfunded commitments, beginning	$	260		$	294		$	284		$	239		$	231
Impact of cumulative effect of change in accounting principle		—			(43	)		—			—			—
Provision for unfunded commitments		(6	)		9			10			45			8
Reserve for unfunded commitments, ending	$	254		$	260		$	294		$	284		$	239
Components of allowance for credit losses:
Allowance for loan and lease losses	$	3,693		$	3,802		$	3,749		$	3,681		$	3,485
Reserve for unfunded commitments		254			260			294			284			239
Total allowance for credit losses	$	3,947		$	4,062		$	4,043		$	3,965		$	3,724
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	731		$	746		$	734		$	752		$	603
Commercial mortgage loans		773			853			898			912			760
Commercial construction loans		383			479			646			697			684
Commercial leases		45			55			67			51			51
Residential mortgage loans		282			266			275			267			262
Home equity		21			23			21			24			26
Automobile loans		1			1			1			1			1
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual portfolio loans and leases		2,236			2,423			2,642			2,704			2,387
Restructured loans and leases - commercial (non accrual)		48			39			47			18			12
Restructured loans and leases - consumer (non accrual)		246			271			258			225			188
Total nonperforming portfolio loans and leases		2,530			2,733			2,947			2,947			2,587
Repossessed personal property		16			21			22			22			21
Other real estate owned		423			375			275			251			232
Total nonperforming assets (a)		2,969			3,129			3,244			3,220			2,840
Nonaccrual loans held for sale		163			239			220			286			352
Restructured loans - commercial (non accrual) held for sale		4			4			4			2			—
Total nonperforming assets including loans held for sale	$	3,136		$	3,372		$	3,468		$	3,508		$	3,192
Restructured Consumer loans and leases (accrual)	$	1,561		$	1,480		$	1,392		$	1,280		$	1,074
Restructured Commercial loans and leases (accrual)	$	109		$	76		$	68			—			—
Ninety days past due loans and leases:
Commercial and industrial loans	$	48		$	63		$	118		$	256		$	142
Commercial mortgage loans		53			44			59			184			131
Commercial construction loans		37			9			17			168			60
Commercial leases		4			4			4			4			5
Residential mortgage loans		107			157			189			198			242
Home equity		90			89			99			104			99
Automobile loans		12			13			17			17			18
Credit card		46			57			64			60			65
Other consumer loans and leases		—			—			—			1			—
Total ninety days past due loans and leases	$	397		$	436		$	567		$	992		$	762
Ratios
Net losses charged off as a percent of average loans and leases		2.26	%		3.01	%		3.62	%		3.75	%		3.08	%
Allowance for loan and lease losses:
As a percent of loans and leases		4.85	%		4.91	%		4.88	%		4.69	%		4.28	%
As a percent of nonperforming loans and leases (a)		146	%		139	%		127	%		125	%		135	%
As a percent of nonperforming assets (a)		124	%		122	%		116	%		114	%		123	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		3.30	%		3.51	%		3.82	%		3.75	%		3.17	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		3.87	%		4.02	%		4.22	%		4.09	%		3.48	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		3.98	%		4.24	%		4.38	%		4.34	%		3.75	%

(a) Does not include nonaccrual loans held for sale

32

Fifth Third Bancorp and Subsidiaries

Regulation G, Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

	For the Three Months Ended
	June 2010		March 2010		December 2009		September 2009		June 2009
Total shareholders’ equity (U.S. GAAP)	13,701		13,408		13,497		13,688		13,700
Less:
Preferred stock	(3,631	)	(3,620	)	(3,609	)	(3,599	)	(3,588	)
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,417	)	(2,417	)
Intangible assets	(83	)	(94	)	(106	)	(119	)	(133	)
Tangible common equity, including unrealized gains / losses (a)	7,570		7,277		7,365		7,553		7,562
Less: Accumulated other comprehensive income / loss	(440	)	(288	)	(241	)	(285	)	(152	)
Tangible common equity, excluding unrealized gains / losses (b)	7,130		6,989		7,124		7,268		7,410
Add back: Preferred stock	3,631		3,620		3,609		3,599		3,588
Tangible equity (c)	10,761		10,609		10,733		10,867		10,998
Total assets (U.S. GAAP)	112,025		112,651		113,380		110,740		115,984
Less:
Goodwill	(2,417	)	(2,417	)	(2,417	)	(2,417	)	(2,417	)
Intangible assets	(83	)	(94	)	(106	)	(119	)	(133	)
Tangible assets, including unrealized gains / losses (d)	109,525		110,140		110,857		108,204		113,434
Less: Accumulated other comprehensive income / loss, before tax	(677	)	(443	)	(370	)	(438	)	(234	)
Tangible assets, excluding unrealized gains / losses (e)	108,848		109,697		110,487		107,766		113,200
Total shareholders’ equity (U.S. GAAP)	13,701		13,408		13,497		13,688		13,700
Goodwill and certain other intangibles	(2,537	)	(2,556	)	(2,565	)	(2,559	)	(2,564	)
Unrealized gains	(440	)	(288	)	(241	)	(285	)	(152	)
Qualifying trust preferred securities	2,763		2,763		2,763		2,763		2,763
Other	(25	)	(30	)	(26	)	(33	)	(5	)
Tier I capital	13,462		13,297		13,428		13,574		13,742
Less:
Preferred stock	(3,631	)	(3,620	)	(3,609	)	(3,599	)	(3,588	)
Qualifying trust preferred securities	(2,763	)	(2,763	)	(2,763	)	(2,763	)	(2,763	)
Tier I common equity (f)	7,068		6,914		7,056		7,212		7,391
Common shares outstanding (g)	796		795		795		795		795
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (h)	97,888		99,220		100,862		102,875		106,538
Ratios:
Tangible equity (c) / (e)	9.89	%	9.67	%	9.71	%	10.08	%	9.72	%
Tangible common equity (excluding unrealized gains/losses) (b) / (e)	6.55	%	6.37	%	6.45	%	6.74	%	6.55	%
Tangible common equity (including unrealized gains/losses) (a) / (d)	6.91	%	6.61	%	6.64	%	6.98	%	6.67	%
Tangible common equity as a percent of risk-weighted assets
(excluding unrealized gains/losses) (b) / (h)	7.28	%	7.04	%	7.06	%	7.07	%	6.96	%
Tangible book value per share (a) / (g)	9.51		9.16		9.26		9.50		9.51
Tier I common equity (f) / (h)	7.22	%	6.97	%	7.00	%	7.01	%	6.94	%

33

Fifth Third Bancorp and Subsidiaries

Segment Presentation

$ in millions

(unaudited)

For the three months ended June 30, 2010	Commercial Banking		Branch Banking		Consumer Lending		Investment Advisors		Other/ Eliminations		Total
Net interest income (a)	390		380		96		36		(15	)	887
Provision for loan and lease losses	(188	)	(121	)	(117	)	(8	)	109		(325	)
Net interest income after provision for loan and lease losses	202		259		(21	)	28		94		562
Total noninterest income	164		227		123		87		19		620
Total noninterest expense	(241	)	(391	)	(139	)	(100	)	(64	)	(935	)
Net income (loss) before taxes	125		95		(37	)	15		49		247
Applicable income taxes (a)	(9	)	(33	)	13		(5	)	(21	)	(55	)
Net income (loss)	116		62		(24	)	10		28		192
Dividends on preferred stock	—		—		—		—		62		62
Net income (loss) available to common shareholders	116		62		(24	)	10		(34	)	130
For the three months ended March 31, 2010	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	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	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	(290	)	(149	)	(169	)	(18	)	(415	)	(1,041	)
Net interest income after provision for loan and lease losses	49		246		(33	)	21		(488	)	(205	)
Total noninterest income	165		229		190		81		1,918		2,583
Total noninterest expense	(262	)	(347	)	(152	)	(87	)	(173	)	(1,021	)
Net income (loss) before taxes	(48	)	128		5		15		1,257		1,357
Applicable income taxes (a)	46		(45	)	(2	)	(6	)	(468	)	(475	)
Net income (loss)	(2	)	83		3		9		789		882
Dividends on preferred stock	—		—		—		—		26		26
Net income (loss) available to common shareholders	(2	)	83		3		9		763		856

(a) Includes taxable equivalent adjustments of $5 million for the three months ended June 30, 2010, $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 and June 30, 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.

34

EX-99.2

©

Fifth Third Bank | All Rights Reserved

2Q10 Earnings Conference Call

July 22, 2010

Please

refer

to

earnings

release

dated

July

22,

2010

for

further

information.

Exhibit 99.2

2

©

Fifth Third Bank | All Rights Reserved

Cautionary statement

This report may contain statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities

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

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

performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are

expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as

“believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,”

“should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks

and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K and our most

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

uncertainties, as well as any cautionary statements we may make. Moreover, you should treat these statements as speaking only as of

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

There are a number of important factors that could cause future results to differ materially from historical performance and these forward-

looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and

weakening in the economy, specifically the real estate market, either nationally or in the states in which Fifth Third, one or more acquired

entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political

developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes

in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan

loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) maintaining

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

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

pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in

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

(13) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or

the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged;

(14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain

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

shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties in

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

have an adverse effect on Fifth Third’s earnings and future growth; (22) ability to secure confidential information through the use of

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

matters as business generation and retention, funding and liquidity.

You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information

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

statements.

3

©

Fifth Third Bank | All Rights Reserved

2Q10 in review

•

Net income of $192 million

versus 1Q10 net loss of $10

million

•

Pre-provision net revenue of

$567 million consistent with

1Q10

•

Average core deposits up

$582 million, or 1%

sequentially

–

Average transaction

deposits up $1.3 billion, or

2% sequentially

•

Strong capital ratios:

–

Tier 1 common 7.22%

–

Leverage ratio 12.21%

–

Tier 1 ratio 13.75%

–

Total capital ratio 18.11%

•

Extended $20 billion of new

and renewed credit

Strong operating trends

•

Net charge-offs declined 25%

sequentially (lowest level since

2Q08)

•

Nonperforming assets declined

5% and nonperforming loans

declined 8% sequentially

(lowest levels since the first

half of 2009)

–

Total delinquencies

declined 17% sequentially

(lowest level since 2Q07)

•

Loan loss allowance of 4.85%,

146% of nonperforming loans

and leases and more than two

times annualized 2Q10 net

charge-offs

•

Realized credit losses have

been significantly below SCAP

scenarios

Significant improvements in credit

•

Focusing on credit

quality, portfolio

management and loss

mitigation strategies

•

Executing on customer

satisfaction initiatives and

improving customer

loyalty

•

Enhancing breadth and

profitability of offerings

and relationships

•

Becoming an employer of

choice in the industry by

continuing to enhance the

employee engagement

Actions driving progress

4

©

Fifth Third Bank | All Rights Reserved

Financial summary

•

2Q10 earnings per share of $0.16 driven by strong core performance and improving credit trends

–

Pre-provision net revenue* of $567M consistent with prior quarter

–

2Q10 net charge-offs of $434M versus $582M in 1Q10; 2Q10 net charge-off ratio of 2.26%, down 75 bps sequentially

•

Sequential declines in net interest income and net interest margin impacted by difficult environment for asset generation

–

Average core deposits grew 1% compared with the prior quarter and 12% versus 2Q09

•

Fee

income

$620M;

$38M

decline

in

mortgage

banking

net

revenue

otherwise

offset

by

other

strong

fee

income

performance

•

FTPS gain of $1.8B in 2Q09 noninterest income results

Actual

Seq.

YOY

($ in millions)

2Q09

1Q10

2Q10

$

%

$

%

Average Balances

Commercial loans

$48,674

$45,169

$44,331

($838)

(2%)

($4,343)

(9%)

Consumer loans

32,899

33,212

32,642

(570)

(2%)

(257)

(1%)

Total loans & leases (excluding held-for-sale)

$81,573

$78,381

$76,973

(1,408)

(2%)

(4,600)

(6%)

Core deposits

$68,727

$76,262

$76,844

$582

1%

$8,117

12%

Income Statement Data

Net interest income (taxable equivalent)

$836

$901

$887

($14)

(2%)

$51

6%

Provision for loan and lease losses

1,041

590

325

(265)

(45%)

(716)

(69%)

Total noninterest income

2,583

627

620

(7)

(1%)

(1,963)

(76%)

Total noninterest expense

1,021

956

935

(21)

(2%)

(86)

(8%)

Net Income (loss)

$882

($10)

$192

$202

NM

($690)

(78%)

Diluted earnings after preferred dividends

$856

($72)

$130

$202

NM

($726)

(85%)

Pre-provision net revenue*

$2,393

$568

$567

($1)

-

($1,826)

(76%)

Earnings per share, basic

$1.35

($0.09)

$0.16

$0.25

NM

($1.19)

(88%)

Earnings per share, diluted

$1.15

($0.09)

$0.16

$0.25

NM

($0.99)

(86%)

Net charge-off ratio

3.08%

3.01%

2.26%

(75bps)

(25%)

(82bps)

(27%)

Net interest margin

3.26%

3.63%

3.57%

(6bps)

(2%)

31bps

10%

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

5

©

Fifth Third Bank | All Rights Reserved

Net interest income

NII and NIM (FTE)

•

Sequential trends in net interest income and net

interest margin (FTE) reflect weak loan demand

and impact of excess liquidity held in cash

equivalents

–

NII down $14 million, or 2%, sequentially

and up $51 million, or 6%, year-over-year

–

NIM down 6 bps sequentially and up 31

bps year-over-year

•

Expect improved NII and NIM in 2H10 from CD

maturities, better loan spreads, and public funds

deposit runoff

* Represents purchase accounting adjustments included in net interest income.

•

Yield on interest-earning assets down 11 bps

sequentially and year-over-year

–

Average loan and lease yield down 1 bp

sequentially and up 15 bps versus prior year

•

Cost of interest-bearing liabilities down 6 bps

sequentially and 44 bps versus prior year

(bps)

Yields and rates

6

©

Fifth Third Bank | All Rights Reserved

Balance sheet:

Continued growth in core funding

•

Extended $20B of new and renewed credit in 2Q10

•

CRE loans down 4% sequentially and 14% from the previous year

•

C&I loans were flat sequentially and down 7% from the previous year largely

due to lower line utilization and soft demand

•

Consumer loans down 2% sequentially and 1% from the previous year

•

Warehoused residential mortgage loans held-for-sale were $2.0 billion at

quarter end

•

Core deposit to loan ratio of 100%, up from 84% in 2Q09

•

Everyday Great Rates strategy continues to drive core deposit growth

–

DDAs

up 3% sequentially and 16% year-over-year

–

Retail transaction deposits up 5% sequentially and 12% from the previous

year,

driven

by

growth

in

savings,

interest

checking,

and

demand

deposit

balances

–

Commercial transaction deposits down 2% sequentially and up 41% from

the previous year

•

Reduced

wholesale

funding

by

$1.2

billion

sequentially

and

$12.4

billion

from

the previous year

–

Non-core deposits down 10% sequentially and 45% from the previous year

–

Short term borrowings up 4% sequentially and down 80% from the

previous year

–

Long-term debt down 5% sequentially and 2% from the previous year

•

Portion of excess core funding invested in agency mortgage-backed securities

(balance sheet hedges added to mitigate interest rate risk)

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

7

©

Fifth Third Bank | All Rights Reserved

Actual

Seq.

YOY

($ in millions)

2Q09

1Q10

2Q10

$

%

$

%

Service charges on deposits

$162

$142

$149

$7

5%

($13)

(8%)

Corporate banking revenue

93

81

93

12

14%

-

-

Mortgage banking revenue

147

152

114

(38)

(25%)

(33)

(23%)

Investment advisory services

79

91

87

(4)

(4%)

8

10%

Card and processing revenue

243

73

84

11

15%

(159)

(65%)

Gain on sale of processing business

1,764

-

-

-

NM

(1,764)

(100%)

Other noninterest income

49

74

85

11

15%

36

75%

Securities gain (losses), net

5

14

8

(6)

(43%)

3

60%

Securities gains, net -

non-qualifying hedges on MSRs

41

-

-

-

NM

(41)

(100%)

Noninterest income

$2,583

$627

$620

($7)

(1%)

($1,963)

(76%)

Stable income in difficult environment

•

Noninterest income of $620M declined $7M, or 1%, compared with 1Q10, impacted by lower mortgage banking net

revenue and credit-related costs

–

Sequential strength in card and processing revenue (+15%), corporate banking revenue (+14%), and deposit

service charges (+5%)

•

Year-over-year decline driven by $1.8B gain from the completion of the processing business sale in 2Q09

•

OREO write-downs, negative fair value adjustments, and gains/losses on loan

sales recorded in other noninterest

income continue to negatively impact noninterest income:

Noninterest income

Actual

($ in millions)

2Q09

1Q10

2Q10

Gain / (loss) on sale of loans

$11

$25

$6

Commercial loans HFS FV adjustment

(6)

(9)

(7)

Gain / (loss) on sale of OREO properties

(13)

(16)

(13)

Total credit-related revenue

($8)

($1)

($14)

Note: Numbers may not sum due to rounding

8

©

Fifth Third Bank | All Rights Reserved

Well-controlled expenses

Noninterest expense

Actual

Seq.

YOY

($ in millions)

2Q09

1Q10

2Q10

$

%

$

%

Salaries, wages and incentives

$346

$329

$356

$27

8%

$10

3%

Employee benefits

75

86

73

(13)

(15%)

(2)

(3%)

Net occupancy expense

79

76

73

(3)

(4%)

(6)

(8%)

Technology and communications

45

45

45

-

-

-

(1%)

Equipment expense

31

30

31

1

3%

-

-

Card and processing expense

75

25

31

6

28%

(44)

(58%)

Other noninterest expense

370

365

326

(39)

(11%)

(44)

(12%)

Noninterest expense

$1,021

$956

$935

($21)

(2%)

($86)

(8%)

•

Noninterest expense of $935M declined $21M, or 2%, compared with

1Q10, impacted by lower credit-related costs

–

Growth in salaries, wages, and incentives due to higher levels of production and investment in sales force

expansion

•

Year-over-year decline driven by lower payments processing expense related

to the processing business sale in

2Q09

•

Improvement in problem asset work-out expenses recorded in other noninterest expense due to lower repurchase

expenses:

Actual

($ in millions)

2Q09

1Q10

2Q10

Make whole losses & recourse reserve

$10

$39

$18

Provision for unfunded commitments

9

9

(6)

Derivative valuation adjustments

2

8

9

OREO expense

4

6

7

Other work-out related expenses

32

29

26

Total credit-related operating expenses

$57

$91

$55

Note: Numbers may not sum due to rounding

9

©

Fifth Third Bank | All Rights Reserved

Strong capital position

^

Tangible common equity ratio excludes unrealized securities gains/losses after-tax.

Capital ratios remained strong during the quarter and increased from prior quarter and prior year.

Tangible common equity ratio^

Tier I common equity

Tier I capital ratio

Total risk-based capital ratio

10

©

Fifth Third Bank | All Rights Reserved

Potential impact of key elements of Dodd-Frank Act

and other recent financial legislation*

Scope of activity

Potential impact**

Volcker Rule/

Derivatives

•

Vast majority of derivatives activities are exempted

(FITB generally not a market maker)

•

Any proprietary trading de minimis

•

“PE”

Fund investments <$100M (<1% of Tier 1 capital)

•

Expect minimal financial impact from loss of existing

revenue

•

Potentially higher compliance costs despite small levels

of non-exempt activities

Debit

Interchange

(Durbin

Amendment)

•

LTM^

debit interchange revenue of $190M

•

LTM debit interchange $ volume: $15B

–

Signature $11.6B, PIN $3.4B

–

Signature 328M, PIN 84M

•

Will not know what “reasonable”

and “proportional”

mean

until after Fed study

•

Each 10 bps reduction in overall interchange rates would

represent ~$15M revenue impact annually, before effect

of mitigation

•

Additional follow-on effects on industry debit card

payments business could result from changes

Deposit

Insurance

•

Current assessed base (Deposits): $80B

•

Proposed assessed base (Assets-TE): $97B

•

FITB percentage share of new industry assessment

base lower than its percentage share of old base (due

to lower reliance on wholesale funding)

•

Don’t know assessment rates on new base

•

DIF reserve target increase to 1.35% from 1.15%

–

May be achieved from banks >$50B through higher

annual assessments or longer period of elevated

assessments

Reg. E

•

Requires customers to “opt-in”

to allow non-recurring

electronic overdrafts (e.g. debit, ATM) from accounts

•

Estimated ~$20M per quarter ($80M annualized)

reduction to deposit service charges, before effect of

mitigation

Potential

impact

of

these

and

other

elements

of

financial

regulatory

reform,

such as CFPA activities

and many other aspects, are unknown at this time

TRUPs

exclusion

(Collins

Amendment)

•

280 bps of non-common Tier 1 capital in capital

structure

•

>300 bps of non-common Tier 1 currently

–

Potentially more than may be needed post-Basel III

•

3-year transition period begins 2013

•

Will manage capital structure to desired composition

*   Based on current understanding of legislation.

**

Potential impact, as noted above, is not intended to be inclusive of all potential impacts that may result from implementation of legislation. Please refer also to cautionary

statement.

^  LTM = last twelve months

•

LTM debit interchange transaction volume: 412M

11

©

Fifth Third Bank | All Rights Reserved

Fifth Third –

Traditional Banking Model

Fifth Third’s business model is not oriented toward capital markets activities, trading,

or other systemic or interconnected risks

—

$100B in assets, primarily core funded rather than wholesale; <1% U.S. banking

assets

Volcker Rule and derivatives legislation should have minimal effect on revenues and

activities

—

Didn’t/don’t originate/sell CDOs

—

Didn’t/don’t originate/sell subprime mortgages or Option ARMs

—

De minimis

market making in derivatives

—

De minimis

proprietary trading

—

Small private equity portfolio <$100M (holding company subsidiary)

—

Loss in Lehman bankruptcy less than $2M (interconnectedness)

—

Daily VaR

less than $500 thousand

Business

model largely that of pre-Gramm-Leach-Bliley Act banking company

Broad-based improvement in charge-off trends

Net charge-offs by loan type

Net charge-offs by geography

* NPAs

exclude loans held-for-sale.

$

%

Florida

$106

24%

Michigan

111

26%

Subtotal

$217

50%

Other

217

50%

Total

$434

100%

Actual

Seq.

YOY

($ in millions)

2Q09

1Q10

2Q10

$

%

$

%

C&I

$177

$161

$104

($57)

(35%)

($73)

(41%)

Commercial mortgage

85

99

78

($21)

(21%)

($7)

(8%)

Commercial construction

79

78

43

($35)

(45%)

($36)

(46%)

Commercial lease

1

4

-

NM

NM

NM

NM

Commercial

$342

$342

$225

($117)

(34%)

($117)

(34%)

Residential mortgage loans

112

88

85

($3)

(3%)

($27)

(24%)

Home equity

88

73

61

($12)

(16%)

($27)

(31%)

Automobile

36

31

20

($11)

(35%)

($16)

(44%)

Credit card

45

44

42

($2)

(5%)

($3)

(7%)

Other consumer

3

4

1

($3)

(75%)

($2)

(67%)

Consumer

$284

$240

$209

($31)

(13%)

($75)

(26%)

Total net charge-offs

$626

$582

$434

($148)

(25%)

($192)

(31%)

$626

$756

$708

$582

Net charge-offs ($M)

Significant decline in charge-offs across both portfolios

$434

$

%

Commercial

$225

52%

Consumer

209

48%

Total 

$434

100%

12

©

Fifth Third Bank | All Rights Reserved

13

©

Fifth Third Bank | All Rights Reserved

Nonperforming assets*

•

NPAs, excluding held-for-sale, of $3.0B

–

HFS portion represents additional $167M

•

Commercial NPAs

of $2.3B; down 6% from

the previous quarter

–

Homebuilder/developer NPAs

of

$431M;

represent 19% of total NPAs

•

Consumer NPAs

of $695M; down 3% from the

previous quarter

C&I / Lease

$837M, 28%

CRE

$1.4B, 48%

Residential

$614M, 21%

Other Consumer

$81M, 3%

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

* NPAs

exclude loans held-for-sale.

Non-performing assets ($M)

$2,840

$3,220

$3,244

$3,129

Non-performing assets continue to improve

$2,969

14

©

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 $1.6B were on accrual

status and $246M were nonaccruals

—

$1.0

billion

of

TDRs

are

current

and

have

been

on

the

books 6 or more months; within that, $600 million of

TDRs

are current and have been on the books for 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

TDR performance has improved in newer vintages

Outperforming redefault

benchmarks

Source:  Fifth Third and OCC/OTS data; data through 4Q09; industry data cumulative through 4Q09

Mortgage TDR 60+ redefault

trend by vintage

1Q08      $69M

2Q08    $135M

3Q08    $146M

4Q08    $176M

1Q09    $221M

2Q09    $257M

Months since modification

Mortgage

TDR

60+

redefault

rate:

Fifth

Third

comparison

(through December 2009)

Fannie Mae

Industry

portfolio loans

Fifth Third

Volume by

vintage

Freddie Mac

3Q09    $386M

Current consumer TDRs

($Ms)

4Q09    $153M

$1.0

billion

2008

2009

15

©

Fifth Third Bank | All Rights Reserved

Non-performing loans

Non-performing loans ($M)

$2.6B

$2.9B

$2.9B

$2.7B

Non-performing loans improving with lower

severity mix

$2.5B

Fifth Third’s non-performing loan inflows (relative to loans) were higher

than peers throughout 2008. Over the past four quarters, FITB inflows have

been lower than peers and generally in the top quartile.

FITB NPL inflows (relative to loans) vs. Peers

FITB

Peers include: MI, RF, KEY, STI, JPM, C, BBT, WFC, USB, BAC, HBAN, CMA, PNC, and MTB

New non-performing loan flows ($M)

NPL flows have declined significantly

16

©

Fifth Third Bank | All Rights Reserved

Early stage delinquencies

Source: SNL and company reports. NPA and NCO ratios exclude loans held-for-sale and covered assets for peers where appropriate.

* 4Q08 net charge-offs included $800M in NCOs related to commercial losses moved to held-for-sale

FITB

credit

metrics

were

higher

than

peers

but

are

now

generally

better

than

peers

NPA ratio vs. peers

Net charge-off ratio vs. peers*

Loans 90+ days delinquent % vs. peers

Loans 30-89 days delinquent % vs. peers

17

©

Fifth Third Bank | All Rights Reserved

Strong reserve position

Source: SNL and company reports. NPAs/NPLs

exclude

held-for-sale portion for all banks and covered assets for BBT, USB, and ZION.

2Q10 coverage ratios are strong

relative to peers (1Q10)

Industry leading reserve level

Fifth Third

(2Q10)

Peer Average

(1Q10)

18

©

Fifth Third Bank | All Rights Reserved

Updated credit loss expectations vs. SCAP scenarios

$4.1B

$5.0B

$2.8B

Moody’s Recession   

Case** Assumptions

(May 2010)

Moody’s Base

Case** Assumptions

(May 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.

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

–

Economic and credit market

conditions are much

improved versus those

expected in spring 2009

Base and stress scenarios reflect

Moody’s Base Case and Moody’s

Weaker Recovery/ Mild Second 

Recession Case (as of May

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

** Source for macroeconomic assumptions: Moody’s Economy.com as of May 2010. FITB results updated to reflect 2Q10 actual results.

19

©

Fifth Third Bank | All Rights Reserved

Appendix

20

©

Fifth Third Bank | All Rights Reserved

Balance Sheet:

Average loans & leases (incl. HFS)

Average core deposits

Income Statement:

Net interest income*

Net interest margin*

Noninterest income

Noninterest expense

Pre-provision net revenue 

Asset Quality:

Net charge-offs

Loan loss allowance 

Nonperforming assets^

Capital Ratios:

Tier I common equity

Tier I leverage

Tier I capital

Total risk-based capital

Category

Fifth Third: Third quarter 2010 outlook

3Q10 Outlook

$78.8 billion

$76.8 billion

$887 million

3.57%

$620 million

$935 million

$567 million

$434 million

$3.7 billion (4.85%)

$3.0 billion (3.87%)

7.2%

12.2%

13.8%

18.1%

Flat to down modestly

Lower than 2Q

Up $10-$20M

3.70% +/-

Down $20-$25M

Relatively stable

Down slightly, ~$560M range

~$450 million, +/-

$10-$15M

Likely down

Relatively stable

Organic growth

Please see cautionary statement for risk factors related to forward-looking statements.

*

Presented on a fully-taxable equivalent basis.

^

Ratios as a percent of loans excluding held-for-sale; allowance expectation assumes current expectation for credit and economic trends and is subject to review at quarter-end.

2Q10 Actual Results

Outlook as of July 22, 1010

21

©

Fifth Third Bank | All Rights Reserved

Pre-tax pre-provision earnings

Core PPNR trend

*

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

•

Reported PPNR of $567M consistent with strong 1Q10 levels, reflecting fee income results

and lower expenses, partially offset by lower net interest income

•

Core PPNR of $551M, due to negative adjustments totaling $16M, resulting in sequential and

year-over-year declines of 3% and 2%, respectively

•

Excluding the impact of credit-related adjustments ($69M in 2Q10), PPNR down 6% versus

1Q10; down 2% versus 2Q09

Core PPNR reconciliation

2Q09

3Q09

4Q09

1Q10

2Q10

Reported PPNR*

$2,393

$844

$562

$568

$567

Adjustments:

Gain on sale of Visa shares

-

(244)

-

-

-

BOLI charge

-

-

-

-

(1)

Gain from sale of processing interest

(1,764)

6

-

-

-

Divested merchant and EFT revenue

(169)

-

-

-

-

Class B Visa swap fair value adjustment

-

-

-

9

-

Securities gains/losses

(5)

(8)

(2)

(14)

(8)

Visa litigation reserve expense

-

(73)

-

-

-

Other litigation reserve expense

-

-

22

4

3

FTPS warrants + puts

-

-

(20)

2

(10)

Seasonal pension expense

-

10

-

-

-

FDIC special assessment

55

-

-

-

-

Divested merchant and EFT expense

(estimated)

54

-

-

-

-

Core PPNR

$564

$535

$562

$569

$551

Credit

Related

Items:

Fee income credit items

8

45

30

1

14

Noninterest expense credit items

57

111

73

91

55

Credit adjusted PPNR

$630

$690

$665

$661

$620

Core PPNR (2%); Credit adjusted PPNR (2%)

22

©

Fifth Third Bank | All Rights Reserved

Updated stress testing -

process overview

Similar process to that used in our previous stress test applications; updated for actual

performance and current economic expectations

Moody’s “Base”

and “Weaker Recovery/Mild Second Recession”

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

Weaker Recovery /

Mild Second Recession

Economic Assumptions*

2010

2010

Peak Unemployment

10.0%

10.5%

GDP

2.5%

0.4%

Avg. change in quarterly HPI

(0.8%)

(1.7%)

* Moody’s Economy.com; as of May 2010

Non-performing assets and net charge-offs:

Product view*

Total NPAs

Total NCOs

*

NPAs

exclude loans held-for-sale.

23

©

Fifth Third Bank | All Rights Reserved

Total NPAs

Total NCOs

Non-performing assets and net charge-offs:

Geographic view*

*

NPAs

exclude loans held-for-sale.

24

©

Fifth Third Bank | All Rights Reserved

25

©

Fifth Third Bank | All Rights Reserved

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$28,409

$26,175

$25,683

$26,131

$26,008

90+ days delinquent

$142

$256

$118

$63

$49

as % of loans

0.50%

0.98%

0.46%

0.24%

0.19%

NPAs

$634

$790

$781

$788

$792

as % of loans

2.23%

3.02%

3.04%

3.02%

3.05%

Net charge-offs

$177

$256

$183

$162

$104

as % of loans

2.53%

3.70%

2.81%

2.49%

1.59%

C&I

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 34% of total loans

and 24% of net charge-offs

•

36% of 2Q10 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $3.1B; 2Q10

NCO ratio of 4.9%

–

2Q10 C&I loss rate of 1.6%, excluding loans to real

estate related industries, 1.0%

•

FL represented 14% of 1Q10 losses, 6% of loans; MI

represented 35% of losses, 15% of loans

* NPAs

exclude loans held-for-sale.

26

©

Fifth Third Bank | All Rights Reserved

Commercial mortgage*

Credit trends

Comments

•

Commercial

mortgage

loans

represented

15%

of

total

loans

and 18% of net charge-offs

•

Owner occupied 2Q10 NCO ratio of 1.6%, other non-owner

occupied 2Q10 NCO ratio of 3.6%

•

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

and MI) through portfolio actions

•

Loans from FL/MI represented 40% of portfolio loans, 63% of

portfolio losses in 2Q10

* NPAs

exclude loans held-for-sale.

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$12,407

$12,105

$11,803

$11,744

$11,481

90+ days delinquent

$131

$184

$59

$44

$53

as % of loans

1.06%

1.52%

0.50%

0.38%

0.46%

NPAs

$791

$968

$985

$1,002

$956

as % of loans

6.37%

8.00%

8.34%

8.53%

8.33%

Net charge-offs

$85

$118

$142

$99

$78

as % of loans

2.73%

3.82%

4.69%

3.42%

2.68%

Commercial mortgage

Loans by geography

Loans by industry

27

©

Fifth Third Bank | All Rights Reserved

Commercial construction*

Credit trends

Comments

•

Commercial construction loans represented 4% of total loans

and 10% of net charge-offs

•

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

and MI) through portfolio actions

•

Loans from FL/MI represented 28% of portfolio loans, 34% of

portfolio losses in 2Q10

* NPAs

exclude loans held-for-sale.

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$4,491

$4,147

$3,784

$3,277

$2,965

90+ days delinquent

$60

$168

$16

$9

$37

as % of loans

1.34%

4.04%

0.44%

0.28%

1.24%

NPAs

$735

$751

$707

$569

$482

as % of loans

16.36%

18.11%

18.68%

17.36%

16.26%

Net charge-offs

$79

$126

$135

$78

$43

as % of loans

6.76%

11.56%

13.28%

8.57%

5.46%

Commercial construction

Loans by industry

Loans by geography

Homebuilders/developers*

Loans by geography

Credit trends

Loans by industry

Comments

•

Originations of builder/developer loans suspended in 2007

•

Remaining portfolio balance of $1.2B, down 63% from peak of

$3.3B in 2Q08, represents approximately 2% of total loans and

3% of commercial loans

•

$48M of NCOs, down $33M sequentially (51% commercial

mortgage, 45% commercial construction, 4% C&I)

•

$431 of NPAs, down $90M sequentially (49% commercial

mortgage, 46% commercial construction, 5% C&I)

* NPAs

exclude loans held-for-sale.

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$2,102

$1,846

$1,563

$1,324

$1,207

90+ days delinquent

$53

$79

$19

$6

$12

as % of loans

2.51%

4.29%

1.19%

0.43%

1.03%

NPAs

$613

$600

$548

$520

$431

as % of loans

29.14%

32.51%

35.09%

39.28%

35.68%

Net charge-offs

$76

$108

$110

$81

$48

as % of loans

14.06%

21.92%

26.25%

22.89%

15.01%

Homebuilders/developers

28

©

Fifth Third Bank | All Rights Reserved

29

©

Fifth Third Bank | All Rights Reserved

Residential mortgage

1   liens: 100% ; weighted average LTV: 79%

Weighted average origination FICO: 726

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 4%; 2009 6%; 2008 13%; 2007 15%;

2006 15%; 2005 24%; 2004 and prior 23%

% through broker: 14%; performance similar to direct

Loans by geography

Credit trends

Portfolio details

Comments

Residential mortgage loans represented 10% of total loans

and 20% of net charge-offs

FL portfolio 27% of residential mortgage loans driving

61% of portfolio losses

FL lots ($234M) running at 33% 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)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$8,489

$8,229

$8,035

$7,918

$7,707

90+ days delinquent

$242

$198

$189

$157

$107

as % of loans

2.85%

2.41%

2.35%

1.98%

1.38%

NPAs

$475

$484

$523

$521

$549

as % of loans

5.59%

5.89%

6.51%

6.57%

7.12%

Net charge-offs

$112

$92

$78

$88

$85

as % of loans

5.17%

4.38%

3.82%

4.46%

4.35%

Residential mortgage

st

Home equity

1

liens:

29%;

2

liens:

71% 

Weighted

average

origination

FICO:

748

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 38%; 70.1-80 22%;

80.1-90 18%; 90.1-95 7%; >95 15%

Vintage

distribution:

2010

2%;

2009

5%;

2008

11%;

2007

12%;

2006

16%;

2005 15%; 2004 and prior 40%

% through broker channels: 15% WA FICO: 734 brokered, 751 direct; WA

CLTV: 88% brokered; 72% direct

Portfolio details

Comments

Brokered loans by geography

Direct loans by geography

Credit trends

Home equity loans represented 16% of total loans and 14% of net

charge-offs

Approximately 15% 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 and OH

2005/2006 vintages represent 30% of portfolio; account for 57% 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

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$2,125

$2,028

$1,948

$1,906

$1,838

90+ days delinquent

$34

$38

$33

$29

$29

as % of loans

1.58%

1.87%

1.72%

1.53%

1.57%

Net charge-offs

$39

$30

$34

$30

$24

as % of loans

7.41%

5.96%

7.02%

6.45%

5.29%

Home equity - brokered

($ in millions)

2Q09

3Q09

4Q09

1Q10

2Q10

Balance

$10,386

$10,349

$10,226

$10,280

$10,149

90+ days delinquent

$63

$66

$65

$60

$61

as % of loans

0.61%

0.64%

0.64%

0.58%

0.60%

Net charge-offs

$49

$49

$48

$43

$37

as % of loans

1.91%

1.89%

1.85%

1.68%

1.45%

Home equity - direct

st

30

©

Fifth Third Bank | All Rights Reserved

st

nd

nd

31

©

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.

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

1.6

6%

132

17%

15

14%

Commercial mortgage

1.5

13%

290

30%

13

16%

Commercial construction

0.5

17%

131

27%

12

29%

Commercial lease

0.0

1%

2

5%

-

0%

Commercial

3.7

8%

556

24%

40

18%

Mortgage

2.1

27%

291

53%

51

61%

Home equity

0.9

8%

6

9%

8

13%

Auto

0.5

5%

2

10%

2

10%

Credit card

0.1

5%

5

8%

5

11%

Other consumer

0.0

2%

0

9%

0

9%

Consumer

3.7

11%

304

44%

66

32%

Total

7.3

10%

860

29%

106

24%

Florida

32

©

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.

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

3.9

15%

155

20%

36

35%

Commercial mortgage

3.0

26%

200

21%

36

46%

Commercial construction

0.3

11%

50

10%

2

5%

Commercial lease

0.2

6%

7

16%

-

0%

Commercial

7.4

17%

412

18%

74

33%

Mortgage

1.1

14%

50

9%

9

11%

Home equity

2.5

21%

17

26%

17

27%

Auto

1.0

9%

3

16%

2

11%

Credit card

0.3

15%

13

20%

8

19%

Other consumer

0.1

10%

0

13%

0

33%

Consumer

4.9

15%

82

12%

36

17%

Total

12.3

16%

494

17%

111

26%

Michigan

EX-99.3

Exhibit 99.3

July 2010

QUARTERLY FINANCIAL SUPPLEMENT

Investment Community Member:

To assist in your financial analysis, the following supplement of most requested information concerning Fifth Third Bancorp is provided.

Numbers are unaudited for quarterly information.

If you need further information, please fax or e-mail your request to Fifth Third's Investor Relations Department at (513) 534-3945 or IR@53.com

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

Quarterly Data

	Three Months Ended
	June 30, 2010		March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009		March 31, 2009			December 31, 2008			September 30, 2008
Ratios (percent)
Return on assets		0.68		(0.04	)		(0.35	)		(0.34	)		3.05		0.17			(7.16	)		(0.19	)
Return on average common equity		5.2		(3.0	)		(6.3	)		(6.1	)		41.2		(1.4	)		(94.6	)		(3.3	)
Average equity as a percent of average assets		12.04		11.92			12.31			12.24			10.78		10.18			8.65			9.45
Net interest margin (a)		3.57		3.63			3.55			3.43			3.26		3.06			3.46			4.24
Efficiency (a)		62.1		62.6			63.1			50.8			29.9		65.1			131.3			54.2
Net losses charged off as a percent of average loans and leases		2.26		3.01			3.62			3.75			3.08		2.38			7.50			2.17
Allowance for loan and lease losses as a percent of loans and leases		4.85		4.91			4.88			4.69			4.28		3.72			3.31			2.41
Allowance for credit losses as a percent of loans and leases		5.18		5.25			5.27			5.06			4.57		4.00			3.54			2.56
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		3.87		4.02			4.22			4.09			3.48		3.20			2.38			2.86
Allowance for loan and lease losses as a percent of nonperforming assets (b)		124.40		121.50			115.55			114.30			122.71		115.93			138.93			83.98
Allowance for credit losses as a percent of nonperforming assets		125.90		120.47			116.56			112.99			116.67		108.20			120.30			89.35
Common Share Data
Earnings per share	$	0.16	$	(0.09	)	$	(0.20	)	$	(0.20	)	$	1.35	$	(0.04	)	$	(3.78	)	$	(0.14	)
Earnings per diluted share	$	0.16	$	(0.09	)	$	(0.20	)	$	(0.20	)		1.15		(0.04	)		(3.78	)		(0.14	)
Cash dividends per common share		0.01		0.01			0.01			0.01			0.01		0.01			0.01			0.15
Book value per share		12.65		12.31			12.44			12.69			12.71		13.61			13.57			16.65
Common shares outstanding, excluding treasury		796,319,712		794,816,131			795,068,164			795,316,187			795,313,448		576,935,997			577,386,612			577,486,544
Market price per share:
High	$	15.95	$	14.05		$	10.92		$	11.20		$	9.15	$	8.65		$	14.75		$	21.00
Low		12.00		9.81			8.76			6.33			2.50		1.01			6.32			7.96
End of period		12.29		13.56			9.75			10.13			7.10		2.92			8.26			11.90
Supplemental Data
Common dividends declared ($ in millions)	$	8	$	8		$	8		$	8		$	8	$	5		$	6		$	87
Full-time equivalent employees		20,479		20,038			20,998			20,559			20,702		20,618			21,476			21,522
Banking centers		1,309		1,309			1,309			1,306			1,306		1,311			1,307			1,298
ATMs		2,362		2,364			2,358			2,372			2,355		2,354			2,341			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
	June 30, 2010			March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008
Income Statement ($ in millions)
Interest income (FTE)	$	1,121		$	1,147		$	1,147		$	1,174		$	1,184		$	1,183		$	1,411		$	1,553
Interest expense		234			246			265			300			348			402			514			485
Net interest income (FTE)		887			901			882			874			836			781			897			1,068
Provision for loan and lease losses		325			590			776			952			1,041			773			2,356			941
Noninterest income:
Service charges on deposits		149			142			159			164			162			146			162			172
Investment advisory revenue		87			91			86			82			79			79			81			93
Corporate banking revenue		93			81			89			77			93			113			118			101
Mortgage banking net revenue		114			152			132			140			147			134			(29	)		45
Card and processing revenue		84			73			76			74			243			223			230			235
Gain on sale of processing business		—			—			—			(6	)		1,764			—			—			—
Other noninterest income		85			74			107			312			49			10			24			112
Securities gains (losses), net		8			14			2			8			5			(24	)		(40	)		(63	)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—			—			—			—			41			16			96			22
Total noninterest income		620			627			651			851			2,583			697			642			717
Noninterest expense:
Salaries, wages and incentives		356			329			331			335			346			327			337			321
Employee benefits		73			86			69			83			75			83			61			72
Net occupancy expense		73			76			75			75			79			79			77			77
Technology and communications		45			45			47			43			45			45			48			47
Equipment expense		31			30			31			30			31			31			35			34
Card and processing expense		31			25			27			25			75			67			70			70
Other noninterest expense		326			365			387			285			370			330			1,394			346
Total noninterest expense		935			956			967			876			1,021			962			2,022			967
Income (loss) before income taxes (FTE)		247			(18	)		(210	)		(103	)		1,357			(257	)		(2,839	)		(123	)
Taxable equivalent adjustment		5			4			4			5			5			5			5			5
Income (loss) before income taxes		242			(22	)		(214	)		(108	)		1,352			(262	)		(2,844	)		(128	)
Applicable income tax (benefit)		50			(12	)		(116	)		(11	)		470			(312	)		(702	)		(72	)
Net income (loss)	$	192		$	(10	)	$	(98	)	$	(97	)	$	882		$	50		$	(2,142	)	$	(56	)
Dividends on preferred stock		62			62			62			62			26			76			42			25
Net income (loss) available to common shareholders	$	130		$	(72	)	$	(160	)	$	(159	)	$	856		$	(26	)	$	(2,184	)	$	(81	)
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	13,462		$	13,297		$	13,428		$	13,574		$	13,742		$	11,924		$	11,924		$	9,734
Tier II capital		4,270			4,119			4,207			4,352			4,330			4,578			4,722			4,239
Total risk-based capital	$	17,732		$	17,416		$	17,635		$	17,926		$	18,072		$	16,502		$	16,646		$	13,973
Risk-weighted assets	$	97,888		$	99,220		$	100,862		$	102,875		$	106,538		$	109,087		$	112,622		$	113,601
Tier I capital ratio		13.75	%		13.40	%		13.31	%		13.19	%		12.90	%		10.93	%		10.59	%		8.57	%
Total risk-based capital ratio		18.11	%		17.55	%		17.48	%		17.43	%		16.96	%		15.13	%		14.78	%		12.30	%
Tier I leverage ratio		12.21	%		12.00	%		12.43	%		12.34	%		12.17	%		10.29	%		10.27	%		8.77	%
Tier I common equity ratio		7.22	%		6.97	%		7.00	%		7.01	%		6.94	%		4.50	%		4.37	%		5.18	%

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

Page 2

Quarterly Data

	As of
	June 30,			March 31,			December 31,			September 30,			June 30,			March 31,			December 31,			September 30,
	2010			2010			2009			2009			2009			2009			2008			2008
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,216		$	2,133		$	2,318		$	2,130		$	2,899		$	2,491		$	2,739		$	2,774
Available-for-sale and other securities		16,021			16,935			18,213			15,682			16,061			16,916			12,728			13,177
Held-to-maturity securities		354			355			355			356			357			358			360			360
Trading securities		270			305			355			1,079			1,354			1,407			1,191			915
Other short-term investments		4,322			3,904			3,369			1,126			513			1,587			3,578			229
Total cash and securities		23,183			23,632			24,610			20,373			21,184			22,759			20,596			17,455
Loans held for sale		2,150			1,607			2,067			2,063			3,341			2,602			1,452			1,000
Portfolio loans and leases		76,232			77,423			76,779			78,419			81,429			82,569			84,143			85,498
Total loans and leases		78,382			79,030			78,846			80,482			84,770			85,171			85,595			86,498
Allowance for loan and lease losses		(3,693	)		(3,802	)		(3,749	)		(3,681	)		(3,485	)		(3,070	)		(2,787	)		(2,058	)
Bank premises and equipment		2,374			2,384			2,400			2,426			2,440			2,490			2,494			2,470
Operating lease equipment		489			492			499			486			474			470			463			369
Goodwill		2,417			2,417			2,417			2,417			2,417			2,623			2,624			3,592
Intangible assets		83			94			106			119			133			154			168			188
Servicing rights		646			725			700			626			595			481			499			687
Other real estate owned		454			399			300			274			249			255			231			214
Other assets		7,690			7,280			7,251			7,218			7,207			7,980			9,881			6,879
Total assets	$	112,025		$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294
Liabilities
Deposits:
Demand	$	19,256		$	19,482		$	19,411		$	17,666		$	17,202		$	16,370		$	15,287		$	14,241
Interest checking		17,759			19,126			19,935			15,168			14,630			14,510			14,222			13,251
Savings		19,646			19,099			17,898			17,098			16,819			16,517			16,063			15,955
Money market		4,666			4,782			4,431			4,378			4,193			4,353			4,689			5,352
Foreign office		3,430			2,844			2,454			2,356			2,244			1,671			2,144			1,999
Other time		10,966			11,643			12,466			13,725			14,540			14,571			14,350			11,778
Certificates - $100,000 and over		6,389			6,596			7,700			8,962			10,688			11,784			11,851			13,173
Other foreign office		3			2			10			5			504			6			7			1,711
Total deposits		82,115			83,574			84,305			79,358			80,820			79,782			78,613			77,460
Federal funds purchased		240			271			182			433			435			363			287			2,521
Other short-term borrowings		1,556			1,359			1,415			3,674			6,802			11,076			9,959			8,791
Other liabilities		3,424			3,092			3,474			3,425			4,125			3,812			5,243			3,879
Long-term debt		10,989			10,947			10,507			10,162			10,102			12,178			13,585			12,947
Total liabilities		98,324			99,243			99,883			97,052			102,284			107,211			107,687			105,598
Shareholders’ Equity
Common and preferred equity		13,395			13,321			13,457			13,603			13,752			12,180			12,208			10,986
Net unrealized gains (losses):
Available-for-sale securities		432			268			216			274			157			178			115			(47	)
Qualifying cash flow hedges		84			98			105			108			95			76			88			41
Accumulated other comprehensive income related to employee benefit plans		(76	)		(78	)		(80	)		(97	)		(100	)		(103	)		(105	)		(53	)
Treasury stock, at cost		(134	)		(201	)		(201	)		(200	)		(204	)		(229	)		(229	)		(231	)
Total shareholders’ equity		13,701			13,408			13,497			13,688			13,700			12,102			12,077			10,696
Total liabilities & shareholders’ equity	$	112,025		$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764		$	116,294
Share Data
Preferred shares outstanding		152,771			152,771			152,771			152,771			152,771			180,620			180,620			53,550
Common shares outstanding, excluding treasury		796,319,712			794,816,131			795,068,164			795,316,187			795,313,448			576,935,997			577,386,612			577,486,544
Treasury shares held		5,184,475			6,688,056			6,436,023			6,188,001			6,190,740			6,491,107			6,040,492			5,940,560

Page 3

Quarterly Data

	Three Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			March 31,			December 31,			September 30,
	2010			2010			2009			2009			2009			2009			2008			2008
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	78,808		$	80,136		$	79,920		$	82,888		$	84,996		$	85,828		$	87,425		$	85,772
Taxable securities		16,451			17,240			17,521			16,850			16,778			16,283			14,882			13,310
Tax exempt securities		154			175			205			246			242			262			288			315
Other short-term investments		4,285			3,144			1,143			969			742			1,290			513			890
Total interest-earning assets		99,698			100,695			98,789			100,953			102,758			103,663			103,108			100,287
Cash and due from banks		2,163			2,247			2,276			2,257			2,350			2,438			2,897			2,468
Other assets		14,550			14,262			14,084			13,724			13,907			15,364			15,090			13,683
Allowance for loan and lease losses		(3,798	)		(3,771	)		(3,644	)		(3,481	)		(3,137	)		(2,784	)		(2,142	)		(1,654	)
Total assets	$	112,613		$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784
Liabilities
Interest-bearing liabilities:
Interest checking	$	18,652		$	19,533		$	16,324		$	14,869		$	14,837		$	14,229		$	13,698		$	13,843
Savings		19,446			18,469			17,540			16,967			16,705			16,272			15,960			16,154
Money market		4,679			4,622			4,279			4,280			4,167			4,559			4,983			6,051
Foreign office		3,325			2,757			2,516			2,432			1,717			1,755			1,876			2,126
Other time		11,336			12,059			13,049			14,264			14,612			14,501			13,337			10,780
Certificates - $100,000 and over		6,354			7,049			8,200			10,055			11,455			11,802			12,468			11,623
Other foreign office		5			8			51			95			240			247			1,090			395
Federal funds purchased		264			220			423			404			542			701			2,016			1,013
Other short-term borrowings		1,478			1,449			3,029			5,285			8,002			9,621			10,912			9,613
Long-term debt		10,876			11,489			10,404			10,108			11,130			12,531			13,101			14,392
Total interest-bearing liabilities		76,415			77,655			75,815			78,759			83,407			86,218			89,441			85,990
Total interest-bearing liabilities
Demand deposits		19,406			18,822			18,137			17,059			16,689			15,532			14,602			14,225
Other liabilities		3,229			3,438			3,829			3,750			3,292			4,847			4,619			3,726
Total liabilities		99,050			99,915			97,781			99,568			103,388			106,597			108,662			103,941
Shareholders’ equity		13,563			13,518			13,724			13,885			12,490			12,084			10,291			10,843
Total liabilities & shareholders’ equity	$	112,613		$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953		$	114,784
Average loans and leases (excluding held for sale)	$	76,973		$	78,381		$	77,601		$	80,060		$	81,573		$	83,561		$	86,369		$	84,695
Average common shares outstanding:
Basic		790,838,716			790,472,577			790,441,911			790,334,226			629,789,476			571,810,034			571,809,026			571,705,319
Diluted		802,254,845			790,472,577			790,441,911			790,334,226			718,245,141			571,810,034			571,809,026			571,705,319

Page 4

Quarterly Data

	Three Months Ended
	June 30, 2010			March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008			September 30, 2008
End of Period Loans and Leases ($ in millions) (net ofunearned discount)
Commercial:
Commercial and industrial loans	$	26,011		$	26,134		$	25,687		$	26,215		$	28,419		$	28,627		$	29,220		$	29,424
Commercial mortgage		11,569			11,865			11,936			12,252			12,600			12,768			12,952			13,355
Commercial construction		3,042			3,396			3,871			4,268			4,641			4,930			5,114			6,002
Commercial leases		3,271			3,388			3,535			3,584			3,532			3,521			3,666			3,642
Subtotal - commercial		43,893			44,783			45,029			46,319			49,192			49,846			50,952			52,423
Consumer:
Residential mortgage		9,672			9,239			9,845			9,955			11,440			10,972			10,292			10,292
Home equity		11,987			12,186			12,174			12,377			12,511			12,710			12,752			12,599
Automobile loans		10,285			10,180			8,995			8,972			8,741			8,688			8,594			8,306
Credit card		1,841			1,863			1,990			1,973			1,914			1,816			1,811			1,688
Other consumer loans and leases		704			779			813			886			972			1,139			1,198			1,190
Subtotal - consumer		34,489			34,247			33,817			34,163			35,578			35,325			34,647			34,075
Total loans and leases	$	78,382		$	79,030		$	78,846		$	80,482		$	84,770		$	85,171		$	85,599		$	86,498
Average Loans and Leases ($ in millions) (net ofunearned discount)
Commercial:
Commercial and industrial loans	$	26,179		$	26,299		$	25,838		$	27,416		$	28,038		$	28,968		$	30,227		$	28,284
Commercial mortgage		11,772			11,836			12,126			12,449			12,668			12,809			13,194			13,257
Commercial construction		3,258			3,781			4,134			4,475			4,842			5,115			5,990			6,110
Commercial leases		3,336			3,468			3,574			3,522			3,512			3,564			3,610			3,642
Subtotal - commercial		44,545			45,384			45,672			47,862			49,060			50,456			53,021			51,293
Consumer:
Residential mortgage		9,390			9,478			10,141			10,820			11,669			10,921			10,327			10,711
Home equity		12,102			12,338			12,291			12,452			12,636			12,763			12,677			12,534
Automobile loans		10,170			10,185			8,973			8,871			8,692			8,687			8,428			8,303
Credit card		1,859			1,940			1,982			1,955			1,863			1,825			1,748			1,720
Other consumer loans and leases		742			811			861			928			1,075			1,177			1,225			1,211
Subtotal - consumer		34,263			34,752			34,248			35,026			35,935			35,373			34,405			34,479
Total average loans and leases	$	78,808		$	80,136		$	79,920		$	82,888		$	84,995		$	85,829		$	87,426		$	85,772
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	2,236		$	2,423		$	2,642		$	2,704		$	2,387		$	2,229		$	1,696		$	2,179
Nonaccrual loans held for sale		163			239			220			286			352			403			473			—
Restructured loans - commercial (non accrual) held for sale		4			4			4			2			—			—			—			—
Restructured loans and leases (non accrual) portfolio		294			310			305			243			200			167			80			50
Other assets, including other real estate owned		439			396			297			273			253			252			230			222
Total nonperforming assets	$	3,136		$	3,372		$	3,468		$	3,508		$	3,192		$	3,051		$	2,479		$	2,451
Ninety days past due loans and leases	$	397		$	436		$	567		$	992		$	762		$	733		$	662		$	671
Nonperforming Loans ($ in millions)(non-accrual plus renegotiated)
Commercial and industrial loans and leases	$	800		$	828		$	840		$	826		$	673		$	704		$	586		$	573
Commercial mortgage		878			980			1,035			1,072			953			900			715			724
Commercial construction loans		469			606			741			820			837			736			578			636
Consumer mortgage and construction		435			408			412			379			360			346			279			221
Other consumer loans and leases		115			153			144			138			116			113			91			75
Total nonperforming loans and leases (including held for sale)	$	2,697		$	2,975		$	3,172		$	3,235		$	2,939		$	2,799		$	2,249		$	2,229
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(472	)	$	(622	)	$	(743	)	$	(796	)	$	(658	)	$	(521	)	$	(1,652	)	$	(481	)

Page 5

Quarterly Data

Recoveries		38			40			35			40			32			31			25			18			21
Net losses charged off	$	(434	)	$	(582	)	$	(708	)	$	(756	)	$	(626	)	$	(490	)	$	(1,627	)	$	(463	)	$	(344	)

Page 6

EX-99.4

Exhibit 99.4

Second Quarter 2010 Portfolio Loan and Lease Stratifications

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

Second Quarter 2010 Portfolio Loan and Lease Stratifications

Consumer

2

Brokered home equity ($1.8 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	2.6%	9.3%	7.9%	7.5%	5.6%	6.5%
	NCO ratio	18.3%	54.9%	8.3%	3.7%	20.8%	24.4%
Michigan	Loans (% of total)	2%	3%	5%	4%	7%	21%
	NPA + 90+ ratio	1.7%	2.4%	2.9%	3.4%	2.7%	2.8%
	NCO ratio	1.5%	3.8%	5.5%	4.5%	8.8%	5.7%
Other	Loans (% of total)	7%	9%	16%	11%	33%	76%
	NPA + 90+ ratio	1.9%	2.9%	1.9%	2.0%	2.6%	2.3%
	NCO ratio	1.6%	2.4%	5.3%	6.4%	4.5%	4.4%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	1.9%	3.2%	2.3%	2.4%	2.7%	2.5%
	NCO ratio	2.5%	5.4%	5.4%	5.9%	5.6%	5.3%
1sts	Loans (% of total)	5%	4%	3%	1%	4%	16%
	NPA + 90+ ratio	2.2%	3.8%	3.8%	3.9%	3.7%	3.3%
	NCO ratio	0.8%	1.3%	2.1%	0.0%	1.9%	1.4%
2nds	Loans (% of total)	5%	9%	19%	14%	37%	84%
	NPA + 90+ ratio	1.6%	2.9%	2.1%	2.4%	2.6%	2.4%
	NCO ratio	4.0%	7.2%	5.9%	6.1%	5.9%	6.0%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	1.9%	3.2%	2.3%	2.4%	2.7%	2.5%
	NCO ratio	2.5%	5.4%	5.4%	5.9%	5.6%	5.3%
HE loans	Loans (% of total)	1%	3%	5%	3%	12%	24%
	NPA + 90+ ratio	2.3%	4.6%	2.9%	2.8%	2.7%	2.9%
	NCO ratio	1.3%	2.3%	7.8%	8.1%	4.5%	5.1%
HELOCs	Loans (% of total)	9%	10%	18%	11%	29%	76%
	NPA + 90+ ratio	1.8%	2.8%	2.2%	2.3%	2.6%	2.4%
	NCO ratio	2.6%	6.2%	4.8%	5.3%	6.1%	5.3%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	1.9%	3.2%	2.3%	2.4%	2.7%	2.5%
	NCO ratio	2.5%	5.4%	5.4%	5.9%	5.6%	5.3%
< 660#	Loans (% of total)	1%	1%	1%	1%	1%	4%
	NPA + 90+ ratio	4.7%	12.6%	3.3%	4.6%	2.7%	4.6%
	NCO ratio	0.6%	3.2%	18.8%	11.0%	5.6%	9.1%
660-689	Loans (% of total)	1%	1%	3%	2%	5%	12%
	NPA + 90+ ratio	2.8%	7.2%	3.5%	3.9%	3.7%	3.9%
	NCO ratio	0.4%	16.1%	12.0%	9.5%	6.0%	8.5%
690-719	Loans (% of total)	1%	2%	4%	3%	10%	21%
	NPA + 90+ ratio	3.1%	2.6%	3.5%	3.2%	3.3%	3.2%
	NCO ratio	7.1%	1.3%	6.2%	6.0%	6.7%	5.9%
720-749	Loans (% of total)	2%	3%	5%	4%	11%	23%
	NPA + 90+ ratio	2.2%	3.1%	2.6%	2.1%	2.4%	2.4%
	NCO ratio	3.9%	4.0%	3.1%	4.0%	6.3%	4.9%
750+	Loans (% of total)	5%	6%	9%	5%	13%	39%
	NPA + 90+ ratio	1.0%	1.9%	1.2%	1.5%	1.9%	1.6%
	NCO ratio	1.4%	5.9%	2.7%	5.1%	4.0%	3.8%
Other^	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	3.8%	0.0%	0.0%	0.0%	0.0%	2.6%
	NCO ratio	0.6%	0.0%	0.0%	0.0%	-0.7%	0.3%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	1.9%	3.2%	2.3%	2.4%	2.7%	2.5%
	NCO ratio	2.5%	5.4%	5.4%	5.9%	5.6%	5.3%

^# Includes relationship based and private lending

** Contains some loans (primarily acquired) where LTV was not recorded. The NCO ratio of these loans is materially lower than the total portfolio.

^{^} 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: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

3

Retail direct home equity ($9.9 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%	9%
	NPA + 90+ ratio	1.4%	1.9%	4.8%	10.7%	7.5%	2.3%
	NCO ratio	1.3%	3.2%	4.5%	5.5%	6.5%	2.3%
Michigan	Loans (% of total)	9%	5%	4%	1%	2%	21%
	NPA + 90+ ratio	0.7%	0.8%	1.7%	1.4%	1.5%	1.0%
	NCO ratio	0.8%	1.4%	3.2%	5.0%	5.5%	2.1%
Other	Loans (% of total)	29%	16%	13%	4%	7%	70%
	NPA + 90+ ratio	0.7%	0.9%	1.0%	1.1%	1.0%	0.9%
	NCO ratio	0.8%	0.7%	1.3%	2.2%	2.5%	1.1%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.8%	1.0%	1.3%	1.6%	1.3%	1.0%
	NCO ratio	0.9%	1.0%	1.9%	3.0%	3.2%	1.4%
1sts	Loans (% of total)	20%	8%	3%	1%	1%	32%
	NPA + 90+ ratio	0.5%	1.0%	1.5%	4.4%	1.4%	0.8%
	NCO ratio	0.3%	0.5%	0.7%	1.6%	2.4%	0.5%
2nds	Loans (% of total)	24%	15%	14%	6%	9%	68%
	NPA + 90+ ratio	1.1%	1.0%	1.3%	1.3%	1.3%	1.2%
	NCO ratio	1.4%	1.3%	2.1%	3.2%	3.3%	1.9%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.8%	1.0%	1.3%	1.6%	1.3%	1.0%
	NCO ratio	0.9%	1.0%	1.9%	3.0%	3.2%	1.4%
HE loans	Loans (% of total)	4%	2%	2%	1%	2%	11%
	NPA + 90+ ratio	1.9%	1.3%	2.0%	2.0%	1.4%	1.7%
	NCO ratio	0.2%	1.1%	1.9%	3.1%	4.5%	1.7%
HELOCs	Loans (% of total)	40%	21%	15%	5%	8%	89%
	NPA + 90+ ratio	0.7%	0.9%	1.2%	1.5%	1.3%	1.0%
	NCO ratio	0.9%	1.0%	1.9%	3.0%	2.9%	1.4%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.8%	1.0%	1.3%	1.6%	1.3%	1.0%
	NCO ratio	0.9%	1.0%	1.9%	3.0%	3.2%	1.4%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	3%
	NPA + 90+ ratio	2.5%	3.1%	3.5%	3.0%	3.1%	3.0%
	NCO ratio	4.5%	3.7%	3.9%	6.2%	4.9%	4.4%
660-689	Loans (% of total)	2%	2%	1%	1%	1%	7%
	NPA + 90+ ratio	1.0%	2.4%	2.4%	3.3%	1.7%	2.0%
	NCO ratio	2.5%	2.9%	5.6%	8.9%	5.1%	4.3%
690-719	Loans (% of total)	3%	3%	2%	1%	2%	11%
	NPA + 90+ ratio	1.0%	2.7%	1.8%	2.0%	1.5%	1.7%
	NCO ratio	0.6%	1.1%	2.8%	6.1%	3.4%	2.1%
720-749	Loans (% of total)	5%	4%	3%	1%	2%	16%
	NPA + 90+ ratio	0.9%	1.0%	1.9%	1.3%	1.2%	1.2%
	NCO ratio	0.6%	1.7%	2.2%	1.4%	3.6%	1.7%
750+	Loans (% of total)	20%	14%	9%	3%	4%	51%
	NPA + 90+ ratio	0.3%	0.4%	0.6%	1.2%	1.0%	0.5%
	NCO ratio	0.4%	0.5%	0.8%	1.2%	2.3%	0.7%
Other^	Loans (% of total)	12%	<1%	<1%	<1%	<1%	12%
	NPA + 90+ ratio	1.4%	0.0%	0.2%	0.1%	0.0%	1.4%
	NCO ratio	1.2%	0.7%	0.7%	0.0%	0.0%	1.2%
Total	Loans (% of total)	43%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.8%	1.0%	1.3%	1.6%	1.3%	1.0%
	NCO ratio	0.9%	1.0%	1.9%	3.0%	3.2%	1.4%

# Includes relationship based and private lending

** Contains some loans (primarily acquired) where LTV was not recorded. The NCO ratio of these loans is materially lower than the total portfolio.

^ 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: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

4

Total home equity ($11.7 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%	2.3%	5.1%	10.3%	6.8%	2.6%
	NCO ratio	1.6%	6.2%	4.8%	5.2%	11.2%	3.5%
Michigan	Loans (% of total)	8%	5%	4%	2%	3%	21%
	NPA + 90+ ratio	0.8%	0.9%	2.0%	2.0%	2.0%	1.3%
	NCO ratio	0.9%	1.6%	3.7%	4.8%	6.8%	2.7%
Other	Loans (% of total)	26%	15%	13%	5%	11%	71%
	NPA + 90+ ratio	0.8%	1.1%	1.1%	1.4%	1.7%	1.1%
	NCO ratio	0.8%	0.8%	2.0%	3.5%	3.4%	1.7%
Total	Loans (% of total)	38%	22%	18%	7%	15%	100%
	NPA + 90+ ratio	0.8%	1.2%	1.5%	1.8%	1.9%	1.3%
	NCO ratio	0.9%	1.4%	2.5%	3.9%	4.3%	2.0%
1sts	Loans (% of total)	17%	7%	3%	1%	1%	29%
	NPA + 90+ ratio	0.5%	1.2%	1.8%	4.3%	2.4%	1.0%
	NCO ratio	0.3%	0.6%	0.9%	1.4%	2.2%	0.5%
2nds	Loans (% of total)	21%	14%	15%	7%	13%	71%
	NPA + 90+ ratio	1.1%	1.2%	1.5%	1.6%	1.9%	1.4%
	NCO ratio	1.5%	1.8%	2.9%	4.1%	4.4%	2.7%
Total	Loans (% of total)	38%	22%	18%	7%	15%	100%
	NPA + 90+ ratio	0.8%	1.2%	1.5%	1.8%	1.9%	1.3%
	NCO ratio	0.9%	1.4%	2.5%	3.9%	4.3%	2.0%
HE loans	Loans (% of total)	4%	2%	2%	1%	3%	13%
	NPA + 90+ ratio	2.0%	1.9%	2.3%	2.2%	2.1%	2.1%
	NCO ratio	0.3%	1.3%	3.7%	4.8%	4.5%	2.7%
HELOCs	Loans (% of total)	35%	19%	16%	6%	11%	87%
	NPA + 90+ ratio	0.7%	1.1%	1.4%	1.8%	1.9%	1.1%
	NCO ratio	1.0%	1.4%	2.4%	3.6%	4.2%	1.9%
Total	Loans (% of total)	38%	22%	18%	7%	15%	100%
	NPA + 90+ ratio	0.8%	1.2%	1.5%	1.8%	1.9%	1.3%
	NCO ratio	0.9%	1.4%	2.5%	3.9%	4.3%	2.0%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	2.6%	4.1%	3.5%	3.5%	2.9%	3.3%
	NCO ratio	4.2%	3.6%	7.2%	7.8%	5.1%	5.2%
660-689	Loans (% of total)	2%	2%	2%	1%	2%	7%
	NPA + 90+ ratio	1.2%	2.9%	2.7%	3.5%	2.6%	2.4%
	NCO ratio	2.4%	4.3%	7.3%	9.2%	5.5%	5.3%
690-719	Loans (% of total)	3%	3%	3%	1%	3%	13%
	NPA + 90+ ratio	1.2%	2.7%	2.2%	2.4%	2.4%	2.1%
	NCO ratio	1.1%	1.1%	3.6%	6.1%	5.0%	3.1%
720-749	Loans (% of total)	4%	4%	4%	2%	3%	17%
	NPA + 90+ ratio	0.9%	1.2%	2.1%	1.5%	1.8%	1.5%
	NCO ratio	0.8%	1.9%	2.4%	2.2%	4.9%	2.4%
750+	Loans (% of total)	18%	13%	9%	3%	5%	49%
	NPA + 90+ ratio	0.3%	0.5%	0.7%	1.3%	1.4%	0.6%
	NCO ratio	0.4%	0.9%	1.1%	2.2%	2.9%	1.1%
Other^	Loans (% of total)	10%	<1%	<1%	<1%	<1%	10%
	NPA + 90+ ratio	1.5%	0.0%	0.2%	0.1%	0.0%	1.4%
	NCO ratio	1.2%	0.6%	0.7%	0.0%	-0.2%	1.2%
Total	Loans (% of total)	38%	22%	18%	7%	15%	100%
	NPA + 90+ ratio	0.8%	1.2%	1.5%	1.8%	1.9%	1.3%
	NCO ratio	0.9%	1.4%	2.5%	3.9%	4.3%	2.0%

# Includes relationship based and private lending

** Contains some loans (primarily acquired) where LTV was not recorded. The NCO ratio of these loans is materially lower than the total portfolio.

^ 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: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

5

Total residential mortgage ($7.8 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	28.2%	20.7%	13.9%	9.1%	6.8%	17.4%	13.3%
	NCO ratio	38.9%	20.1%	23.0%	14.8%	9.8%	27.8%	20.0%
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%
	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	28.3%	24.6%	18.6%	18.4%	9.3%	19.7%	18.9%
	NCO ratio	17.5%	7.2%	19.5%	13.4%	3.4%	13.8%	12.7%
Owner occupied	Loans (% of total)	10%	7%	11%	13%	28%	19%	87%
	NPA + 90+ ratio	10.4%	10.7%	9.9%	5.4%	2.9%	10.9%	7.3%
	NCO ratio	3.7%	3.6%	3.1%	2.0%	1.2%	3.6%	2.5%
Total	Loans (% of total)	11%	8%	12%	14%	31%	24%	100%
	NPA + 90+ ratio	11.3%	11.7%	10.4%	6.0%	3.3%	12.8%	8.4%
	NCO ratio	5.0%	4.6%	4.9%	3.1%	1.8%	7.3%	4.3%

Total residential mortgage ($7.8 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	16.3%	18.6%	12.7%	6.2%	9.5%	13.3%
	NCO ratio	20.9%	27.2%	20.5%	9.3%	15.1%	20.0%
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%
	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	15.1%	18.6%	25.3%	17.2%	16.3%	18.9%
	NCO ratio	5.1%	14.1%	19.5%	10.3%	6.9%	12.7%
Owner occupied	Loans (% of total)	23%	36%	8%	5%	15%	87%
	NPA + 90+ ratio	6.3%	7.2%	11.8%	10.7%	5.7%	7.3%
	NCO ratio	1.1%	2.7%	3.8%	3.1%	3.4%	2.5%
Total	Loans (% of total)	26%	41%	11%	6%	17%	100%
	NPA + 90+ ratio	7.0%	8.5%	13.2%	10.7%	6.4%	8.4%
	NCO ratio	1.9%	4.6%	7.9%	3.6%	5.0%	4.3%

Total residential mortgage ($7.8 billion)

		Florida	Michigan	Other	Total
Lots	Loans (% of total)	3%	1%	3%	7%
	NPA + 90+ ratio	21.9%	4.2%	6.6%	13.3%
	NCO ratio	33.0%	5.8%	9.9%	20.0%
Residential	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%
	NCO ratio	0.0%	0.0%	0.0%	0.0%
Other non-owner occupied	Loans (% of total)	3%	<1%	2%	6%
	NPA + 90+ ratio	24.4%	19.4%	10.4%	18.9%
	NCO ratio	17.5%	18.3%	4.6%	12.7%
Owner occupied	Loans (% of total)	21%	13%	53%	87%
	NPA + 90+ ratio	13.8%	5.8%	5.2%	7.3%
	NCO ratio	5.2%	2.8%	1.4%	2.5%
Total	Loans (% of total)	27%	14%	59%	100%
	NPA + 90+ ratio	16.0%	5.9%	5.5%	8.4%
	NCO ratio	9.7%	3.2%	2.0%	4.3%

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

^ Includes acquired loans where FICOs at origination is not available

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

Note: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

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%	21%	<1%	41%
	NPA + 90+ ratio	0.8%	0.6%	0.4%	0.2%	0.1%	0.6%	0.2%
	NCO ratio	0.7%	2.1%	1.3%	0.8%	0.3%	2.1%	0.8%
Small/Med SUV and	Loans (% of total)	<1%	2%	5%	7%	15%	<1%	30%
Compact Pickup	NPA + 90+ ratio	0.8%	0.6%	0.4%	0.3%	0.1%	0.3%	0.2%
	NCO ratio	-0.1%	1.1%	1.0%	0.5%	0.3%	0.2%	0.5%
Large SUV/Full Size Pickup	Loans (% of total)	<1%	2%	4%	5%	10%	1%	22%
	NPA + 90+ ratio	0.4%	0.8%	0.5%	0.3%	0.1%	0.4%	0.3%
	NCO ratio	-0.6%	1.4%	0.9%	0.9%	0.3%	0.5%	0.6%
Other	Loans (% of total)	<1%	<1%	1%	1%	3%	<1%	6%
	NPA + 90+ ratio	1.0%	1.3%	0.7%	0.6%	0.5%	2.0%	0.7%
	NCO ratio	7.1%	5.3%	3.9%	0.7%	1.7%	1.5%	2.3%
Total	Loans (% of total)	1%	7%	19%	22%	50%	2%	100%
	NPA + 90+ ratio	0.8%	0.7%	0.4%	0.3%	0.1%	0.8%	0.3%
	NCO ratio	1.5%	1.9%	1.3%	0.7%	0.4%	1.0%	0.8%
New	Loans (% of total)	<1%	3%	8%	10%	26%	1%	48%
	NPA + 90+ ratio	0.6%	0.7%	0.4%	0.3%	0.1%	0.3%	0.2%
	NCO ratio	0.8%	1.9%	1.3%	0.6%	0.3%	0.9%	0.7%
Used	Loans (% of total)	1%	4%	11%	12%	24%	1%	52%
	NPA + 90+ ratio	0.9%	0.7%	0.5%	0.3%	0.2%	1.4%	0.3%
	NCO ratio	1.9%	1.8%	1.2%	0.9%	0.4%	1.2%	0.8%
Total	Loans (% of total)	1%	7%	19%	22%	50%	2%	100%
	NPA + 90+ ratio	0.8%	0.7%	0.4%	0.3%	0.1%	0.8%	0.3%
	NCO ratio	1.5%	1.9%	1.3%	0.7%	0.4%	1.0%	0.8%
<=100% advance rate	Loans (% of total)	1%	4%	10%	11%	32%	1%	59%
	NPA + 90+ ratio	0.7%	0.5%	0.3%	0.2%	0.1%	0.7%	0.2%
	NCO ratio	1.0%	1.4%	0.6%	0.2%	0.2%	1.0%	0.4%
>100% advance rate	Loans (% of total)	<1%	3%	9%	11%	18%	<1%	41%
	NPA + 90+ ratio	0.8%	1.0%	0.6%	0.4%	0.2%	1.1%	0.4%
	NCO ratio	2.5%	2.5%	1.9%	1.3%	0.8%	0.9%	1.3%
Total	Loans (% of total)	1%	7%	19%	22%	50%	2%	100%
	NPA + 90+ ratio	0.8%	0.7%	0.4%	0.3%	0.1%	0.8%	0.3%
	NCO ratio	1.5%	1.9%	1.3%	0.7%	0.4%	1.0%	0.8%
<=60 month term	Loans (% of total)	<1%	1%	4%	5%	17%	1%	28%
	NPA + 90+ ratio	0.6%	0.5%	0.2%	0.1%	0.0%	0.4%	0.1%
	NCO ratio	-0.3%	1.1%	0.7%	0.5%	0.1%	0.2%	0.3%
>60 month term	Loans (% of total)	1%	6%	15%	17%	32%	1%	72%
	NPA + 90+ ratio	0.8%	0.8%	0.5%	0.3%	0.2%	1.1%	0.3%
	NCO ratio	2.3%	2.1%	1.4%	0.8%	0.5%	1.7%	0.9%
Total	Loans (% of total)	1%	7%	19%	22%	50%	2%	100%
	NPA + 90+ ratio	0.8%	0.7%	0.4%	0.3%	0.1%	0.8%	0.3%
	NCO ratio	1.5%	1.9%	1.3%	0.7%	0.4%	1.0%	0.8%

^ 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: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

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%	8%	1%	4%	0%	2%	<1%	2%	6%	9%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
	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%	52%	1%	7%	0%	5%	29%	16%	8%	13%
	NPA + 90+ ratio	0.0%	0.0%	0.0%	0.3%	0.0%	0.1%	0.2%	2.6%	0.4%	0.3%
	NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.6%	6.1%	4.5%	0.8%
2008	Loans (% of total, by loan type)	2%	20%	3%	14%	1%	13%	19%	15%	41%	15%
	NPA + 90+ ratio	3.1%	0.0%	10.8%	5.7%	0.0%	0.4%	0.4%	7.2%	0.1%	1.9%
	NCO ratio	11.4%	0.0%	23.3%	2.1%	0.1%	0.9%	1.1%	11.4%	0.6%	1.9%
2007	Loans (% of total, by loan type)	13%	6%	9%	16%	14%	11%	16%	26%	23%	15%
	NPA + 90+ ratio	10.2%	0.0%	22.5%	9.4%	1.7%	1.0%	0.4%	7.1%	0.6%	3.7%
	NCO ratio	18.4%	0.0%	19.3%	2.8%	4.5%	1.6%	1.1%	10.8%	3.4%	3.2%
2006	Loans (% of total, by loan type)	35%	6%	17%	13%	32%	13%	8%	10%	10%	13%
	NPA + 90+ ratio	11.1%	0.0%	24.7%	13.3%	3.5%	1.6%	0.5%	7.7%	1.7%	5.4%
	NCO ratio	20.3%	0.0%	18.8%	6.2%	7.5%	2.6%	1.1%	9.4%	1.5%	5.2%
2005	Loans (% of total, by loan type)	38%	4%	36%	22%	26%	13%	4%	8%	6%	13%
	NPA + 90+ ratio	15.9%	0.0%	24.5%	8.6%	2.1%	1.5%	0.5%	6.3%	0.4%	5.8%
	NCO ratio	19.8%	0.0%	15.2%	2.8%	6.0%	2.9%	1.0%	9.6%	4.4%	4.6%
2004 & prior	Loans (% of total, by loan type)	11%	3%	34%	24%	28%	43%	3%	21%	7%	23%
	NPA + 90+ ratio	17.9%	0.0%	10.9%	5.9%	2.3%	1.1%	1.1%	6.0%	0.2%	2.8%
	NCO ratio	24.9%	0.0%	5.1%	1.6%	2.5%	1.0%	2.6%	8.6%	2.7%	2.0%
Total	Loans (% of total, by loan type)	100%	100%	100%	100%	100%	100%	100%	100%	100%	100%
	NPA + 90+ ratio	13.3%	0.0%	18.9%	7.3%	2.5%	1.0%	0.3%	5.9%	0.4%	2.9%
	NCO ratio	20.0%	0.0%	12.7%	2.5%	5.3%	1.4%	0.8%	9.0%	2.0%	2.6%

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

Note: Numbers may not tie due to rounding and minor differences between internal management and external reporting with respect to certain products

8

Second Quarter 2010 Portfolio Loan and Lease Stratifications

Commercial

9

Total commercial loans ($43.7 billion)
		Florida	Michigan	Other	Total
Other non-owner occupied	Loans (% of total)	3%	4%	13%	20%
RE	NPA ratio	25.4%	8.3%	11.3%	12.8%
	NCO ratio	6.7%	6.3%	3.3%	4.5%
Owner-occupied RE	Loans (% of total)	2%	3%	8%	13%
	NPA ratio	9.1%	6.3%	4.3%	5.4%
	NCO ratio	0.8%	2.0%	1.2%	1.4%
C&I	Loans (% of total)	4%	9%	47%	59%
	NPA ratio	8.2%	4.0%	2.5%	3.0%
	NCO ratio	3.7%	3.7%	1.0%	1.6%
Commercial lease	Loans (% of total)	<1%	<1%	7%	7%
	NPA ratio	9.5%	3.5%	1.2%	1.4%
	NCO ratio	NM	NM	NM	NM
Other	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%
	NCO ratio	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	8%	17%	75%	100%
	NPA ratio	14.6%	5.7%	4.0%	5.2%
	NCO ratio	4.2%	4.0%	1.3%	2.0%
C&I	Loans (% of total)	4%	9%	47%	59%
	NPA ratio	8.2%	4.0%	2.5%	3.0%
	NCO ratio	3.7%	3.7%	1.0%	1.6%
Commercial mortgage	Loans (% of total)	4%	7%	16%	26%
	NPA ratio	18.4%	6.6%	6.8%	8.3%
	NCO ratio	3.3%	4.7%	1.7%	2.7%
Commercial construction	Loans (% of total)	1%	1%	5%	7%
	NPA ratio	25.1%	15.3%	14.4%	16.2%
	NCO ratio	9.2%	2.7%	5.0%	5.5%
Commercial lease	Loans (% of total)	<1%	<1%	7%	7%
	NPA ratio	9.5%	3.5%	1.2%	1.4%
	NCO ratio	NM	NM	NM	NM
Other	Loans (% of total)	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%
	NCO ratio	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	8%	17%	75%	100%
	NPA ratio	14.6%	5.7%	4.0%	5.2%
	NCO ratio	4.2%	4.0%	1.3%	2.0%
Homebuilders / developers	Loans (% of total)	1%	<1%	2%	3%
(included in #’s above)	NPA ratio	54.9%	28.4%	31.1%	35.7%
	NCO ratio	19.0%	34.7%	8.6%	15.0%

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 ($43.7 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Other non-owner occupied	Loans (% of total)	<1%	15%	6%	<1%	20%
RE	NPA ratio	0.0%	10.6%	18.6%	0.0%	12.8%
	NCO ratio	0.0%	3.6%	6.9%	0.0%	4.5%
Owner-occupied RE	Loans (% of total)	<1%	12%	1%	<1%	13%
	NPA ratio	0.0%	5.4%	5.2%	0.0%	5.4%
	NCO ratio	0.0%	1.6%	NM	0.0%	1.4%
C&I	Loans (% of total)	59%	<1%	<1%	<1%	59%
	NPA ratio	3.0%	0.0%	0.0%	0.0%	3.0%
	NCO ratio	1.6%	0.0%	0.0%	0.0%	1.6%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	7%	7%
	NPA ratio	0.0%	0.0%	0.0%	1.4%	1.4%
	NCO ratio	0.0%	0.0%	0.0%	0.4%	NM
Other	Loans (% of total)	<1%	<1%	<1%	<1%	<1%
	NPA ratio	0.0%	0.0%	0.0%	0.0%	0.0%
	NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%
Total	Loans (% of total)	59%	26%	7%	7%	100%
	NPA ratio	3.0%	8.3%	16.2%	1.4%	5.2%
	NCO ratio	1.6%	2.7%	5.5%	NM	2.0%
Homebuilders / developers	Loans (% of total)	1%	1%	1%	<1%	3%
(included in #’s above)	NPA ratio	9.4%	38.3%	45.8%	0.0%	35.7%
	NCO ratio	3.2%	16.5%	18.6%	0.0%	15.0%

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 ($43.7 billion)
		Residential raw land	Residential developed land	Residential vertical land	Commercial raw land	Commercial developed land	Other	Total
Other non-owner occupied RE	Loans (% of total)	1%	1%	2%	1%	1%	15%	20%
	NPA ratio	37.9%	39.4%	31.6%	29.7%	25.9%	6.5%	12.8%
	NCO ratio	15.1%	17.9%	13.4%	17.3%	12.2%	1.1%	4.5%
Owner-occupied RE	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	12%	13%
	NPA ratio	0.0%	59.5%	7.9%	0.0%	0.8%	5.3%	5.4%
	NCO ratio	0.0%	NM	5.0%	0.0%	0.0%	1.3%	1.4%
C&I	Loans (% of total)	<1%	<1%	1%	<1%	<1%	58%	59%
	NPA ratio	4.9%	7.2%	10.3%	9.3%	16.1%	2.9%	3.0%
	NCO ratio	6.5%	2.4%	8.0%	11.9%	NM	1.4%	1.6%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	7%	7%
	NPA ratio	0.0%	0.0%	0.0%	0.0%	0.0%	1.4%	1.4%
	NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	NM	NM
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%
	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	33.6%	38.2%	22.9%	23.0%	23.6%	3.7%	5.2%
	NCO ratio	14.2%	16.8%	11.0%	15.4%	10.4%	1.2%	2.0%
Florida	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	7%	8%
	NPA ratio	77.9%	43.8%	38.8%	8.1%	40.6%	9.7%	14.6%
	NCO ratio	NM	20.8%	27.0%	1.7%	6.2%	2.5%	4.2%
Michigan	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	16%	17%
	NPA ratio	34.3%	21.7%	20.1%	29.4%	13.7%	4.6%	5.7%
	NCO ratio	72.5%	2.9%	6.4%	50.5%	15.6%	2.6%	4.0%
Other	Loans (% of total)	1%	1%	2%	1%	1%	71%	73%
	NPA ratio	22.9%	38.4%	20.6%	27.0%	16.0%	2.9%	4.0%
	NCO ratio	3.8%	17.4%	8.4%	12.7%	11.6%	0.8%	1.3%
Total	Loans (% of total)	1%	1%	3%	1%	1%	93%	100%
	NPA ratio	33.6%	38.2%	22.9%	23.0%	23.6%	3.7%	5.2%
	NCO ratio	14.2%	16.8%	11.0%	15.4%	10.4%	1.2%	2.0%
Homebuilders / developers	Loans (% of total)	1%	1%	1%	<1%	<1%	<1%	3%
(included in #’s above)	NPA ratio	33.6%	38.2%	45.6%	0.0%	0.0%	7.1%	35.7%
	NCO ratio	13.5%	15.5%	20.9%	0.0%	0.0%	4.2%	15.0%

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 ($43.7 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Accommodation	Loans (% of total)	1%	1%	<1%	<1%	2%
	NPA ratio	4.9%	8.6%	30.3%	0.0%	7.1%
	NCO ratio	3.5%	2.9%	3.4%	0.0%	3.2%
Auto manufacturing	Loans (% of total)	1%	<1%	<1%	<1%	1%
	NPA ratio	3.4%	0.7%	0.0%	0.0%	3.0%
	NCO ratio	2.2%	0.0%	0.0%	0.0%	1.8%
Construction	Loans (% of total)	3%	2%	2%	<1%	8%
	NPA ratio	7.1%	23.8%	28.9%	0.4%	18.4%
	NCO ratio	6.5%	3.1%	6.9%	0.0%	5.4%
Finance & insurance	Loans (% of total)	9%	<1%	<1%	<1%	9%
	NPA ratio	2.3%	3.5%	0.0%	3.7%	2.4%
	NCO ratio	0.3%	0.4%	0.0%	0.0%	0.3%
Manufacturing	Loans (% of total)	13%	1%	<1%	1%	15%
	NPA ratio	3.3%	4.8%	0.0%	0.8%	3.2%
	NCO ratio	0.6%	0.6%	0.0%	0.6%	0.6%
Real estate	Loans (% of total)	4%	13%	4%	<1%	21%
	NPA ratio	4.5%	8.7%	12.3%	1.0%	8.3%
	NCO ratio	3.7%	3.4%	5.5%	0.0%	3.8%
Retail trade	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.5%	5.9%	3.4%	0.0%	3.5%
	NCO ratio	1.2%	2.1%	0.8%	0.0%	1.4%
Auto retailers	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	1.9%	10.8%	7.9%	0.0%	4.1%
	NCO ratio	0.6%	4.7%	0.0%	0.0%	1.7%
Wholesale trade	Loans (% of total)	5%	1%	<1%	<1%	6%
	NPA ratio	2.1%	1.6%	4.1%	0.3%	2.0%
	NCO ratio	0.5%	1.1%	0.0%	0.0%	0.5%
Other	Loans (% of total)	21%	6%	1%	5%	33%
	NPA ratio	2.6%	3.0%	3.4%	1.6%	2.5%
	NCO ratio	1.8%	1.4%	4.9%	NM	1.5%
Total	Loans (% of total)	59%	26%	7%	7%	100%
	NPA ratio	3.0%	8.3%	16.2%	1.4%	5.2%
	NCO ratio	1.6%	2.7%	5.5%	NM	2.0%

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 ($43.7 billion)
		Florida	Michigan	Other	Total
Accommodation	Loans (% of total)	<1%	<1%	1%	2%
	NPA ratio	16.4%	7.0%	4.2%	7.1%
	NCO ratio	8.6%	1.6%	2.1%	3.2%
Auto manufacturing	Loans (% of total)	<1%	1%	<1%	1%
	NPA ratio	0.0%	5.1%	0.1%	3.0%
	NCO ratio	0.0%	0.0%	4.0%	1.8%
Construction	Loans (% of total)	1%	1%	6%	8%
	NPA ratio	36.0%	13.3%	16.7%	18.4%
	NCO ratio	6.0%	5.0%	5.3%	5.4%
Finance & insurance	Loans (% of total)	<1%	1%	8%	9%
	NPA ratio	3.3%	3.0%	2.2%	2.4%
	NCO ratio	0.1%	0.1%	0.4%	0.3%
Manufacturing	Loans (% of total)	<1%	2%	12%	15%
	NPA ratio	22.7%	3.2%	2.6%	3.2%
	NCO ratio	0.7%	3.1%	0.1%	0.6%
Real estate	Loans (% of total)	3%	5%	13%	21%
	NPA ratio	22.2%	7.7%	5.6%	8.3%
	NCO ratio	9.0%	6.4%	1.5%	3.8%
Retail trade	Loans (% of total)	<1%	1%	2%	3%
	NPA ratio	6.0%	7.0%	1.9%	3.5%
	NCO ratio	3.6%	3.6%	0.4%	1.4%
Auto retailers	Loans (% of total)	<1%	<1%	2%	3%
	NPA ratio	7.0%	2.6%	4.0%	4.1%
	NCO ratio	0.2%	9.3%	NM	1.7%
Wholesale trade	Loans (% of total)	<1%	1%	5%	6%
	NPA ratio	0.4%	2.1%	2.1%	2.0%
	NCO ratio	0.0%	0.8%	0.5%	0.5%
Other	Loans (% of total)	3%	4%	26%	33%
	NPA ratio	3.8%	3.4%	2.2%	2.5%
	NCO ratio	NM	2.9%	1.5%	1.5%
Total	Loans (% of total)	8%	17%	75%	100%
	NPA ratio	14.6%	5.7%	4.0%	5.2%
	NCO ratio	4.2%	4.0%	1.3%	2.0%

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.

15