EX-12.2 5 dex122.htm COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO COMBINED FIXED CHARGES Computations of Consolidated Ratios of Earnings to Combined Fixed Charges

Exhibit 12.2

Fifth Third Bancorp

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

($ In Millions)

 

     Three Months Ended
6/30/2010
   Six Months Ended
6/30/2010

Excluding Interest on Deposits:

     

Fixed Charges:

     

Interest Expense (excluding interest on deposits)

   $ 73    $ 148

One-Third of Rents, Net of Income from Subleases

     7      13

Preferred Stock Dividends

     51      103
             

Total Fixed Charges

     131      264
             

Earnings:

     

Income Before Income Taxes

   $ 242    $ 220

Fixed Charges – Excluding Preferred Stock Dividends

     80      161
             

Total Earnings

     322      381
             

Ratio of Earnings to Fixed Charges, Excluding

     

Interest On Deposits

     2.45x      1.44x
             

Including Interest on Deposits:

     

Fixed Charges:

     

Interest Expense

   $ 234    $ 480

One-Third of Rents, Net of Income from Subleases

     7      13

Preferred Stock Dividends

     51      103
             

Total Fixed Charges

   $ 292    $ 596
             

Earnings:

     

Income Before Income Taxes

   $ 242    $ 220

Fixed Charges – Excluding Preferred Stock Dividends

     241      493
             

Total Earnings

   $ 483    $ 713
             

Ratio of Earnings to Fixed Charges, Including

     

Interest On Deposits

     1.65x      1.20x