Fifth Third Bancorp Presentation

Exhibit 99.1

Barclays Capital

Global Financial Services Conference

Kevin T. Kabat

President & Chief Executive Officer

September 14, 2010

Please refer to earnings release dated July 22, 2010 and 10-Q dated

August 9, 2010 for further information, including full results reported on a U.S.

GAAP basis

2Q10 in review

Significant improvement in credit trends

•

Net charge-offs declined 25% sequentially (lowest level since

2Q08)

–

At $434M, down 43% from $756M peak

•

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

Actions driving progress

•

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 employee engagement

Continued strong operating results

•

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 7.2%, Leverage ratio 12.2%,

Tier 1 ratio 13.7%, Total capital ratio 18.0%

•

Extended $20 billion of new and renewed credit

Strong profitability results

Core PPNR / Average assets (Annualized)

Core PPNR / NCOs

Price to Book Value

Strong relative profitability not yet reflected in valuation.

Source: SNL Financial and company reports. Data as of 2Q10. Price to Book as of 9/9/10.

* Core pre-tax pre-provision earnings excludes the following items: securities gains/losses, gains/losses from debt extinguishments, leveraged lease gains/losses, gains

from asset sales, and other non-recurring items.

ROAA

…driving above average profitability.

…more than sufficient to absorb credit losses…

Strong pre-provision profitability…

Net interest income

NII and NIM (FTE)

•

Sequential trends in net interest income and

net interest margin reflect weak loan demand

and impact of excess liquidity held in cash

equivalents

–

NII down $14M and NIM down 6 bps in

2Q10 over prior quarter

•

Expect improved NII and NIM in 3Q10 from

CD maturities, stable loan spreads, and

public funds deposit runoff

(bps)

Reported NIM and YOY growth versus peers

Peers include: BBT, CMA, HBAN, KEY, MI, MTB, PNC, RF, STI, USB, WFC, ZION

Source: SNL Financial and company reports

Reflects purchase accounting adjustments from the First Charter acquisition of $37M, $29M, $25M, $21M, and $17M in 2Q09, 3Q09, 4Q09, 1Q10, and 2Q10, respectively.

** Excludes purchase accounting adjustments

Yields and rates**

($Ms)

Balance sheet:

Continued growth in core funding

•

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 customer pay-downs and deleveraging despite strong originations

–

C&I balance trends more positive thus far in 3Q10

•

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

–

3Q10 balances likely to increase due to retention of higher quality,

shorter term mortgages

•

Currently expect period end loans to be flat to up modestly in 3Q10

•

Loan to core deposit ratio of 100%, down from 119% 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 2Q09

–

Commercial transaction deposits down 2% from 1Q10, up 41% from 2Q09

•

Expect modest period end core deposit growth in 3Q10, despite public

funds and CD runoff

Average loan growth ($B)^

Average core deposit growth ($B)

Average wholesale funding ($B)

•

Reduced

wholesale

funding

$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

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

Stable income and expense in difficult environment

Core fee income ($M)

Core expenses ($M)

•

Core noninterest income of $601M declined $23M, or 4%, compared with

prior quarter, impacted by lower mortgage banking net revenue

•

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

banking revenue (+14%), and deposit service charges (+5%)

•

Credit-related costs affected fee income by $14M in 2Q10 compared with

$1M in 1Q10 and $8M in 2Q09

•

3Q mortgage revenue results likely to be stronger than originally

expected, reflecting continued strong originations and current MSR

hedge gain positions

•

Reg E impact tracking to be in-line or modestly better than initial $80

million annualized estimate (unmitigated)

•

3Q10 pretax gain on BOLI settlement of $125 million (net of expenses)

•

Expense trends reflect elevated credit costs, higher compensation due

to increased production levels, and investment in sales force expansion

•

Core efficiency ratio of 62.6% in 2Q10, compared with 62.4% in 1Q10 and

61.6% in 2Q09

•

Credit-related costs affected noninterest expenses by $55M in 2Q10

($91M in 1Q10 and $57M in 2Q09)

•

Total expense related to mortgage repurchases ~$18M in 2Q10

compared with $39M in 1Q10 and $10M in 2Q09

–

Mortgage repurchase expense expected to increase in 3Q10;

increased claims, file requests and losses likely to result in higher

modeled 3Q mortgage repurchase reserves

* Refer to slide 18 for itemized effects of non-core fees and expenses

Strong credit metrics compared with peers

Source: SNL Financial and company reports. Data as of 2Q10.

HFI NPA Ratio

Peer average: 2.5%

Peer average: 4.0%

Net Charge-off Ratio (Annualized)

“Texas Ratio”

(HFI NPAs + Over 90s) / (Reserves + TCE)

HFI NPAs + Over 90s -

Reserves / TCE

Peer average: 11%

FITB credit metrics lower than peer average and represent position of relative strength

Recent credit trends better than peers

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 over 90 days delinquent % vs. peers

Loans 30-89 days delinquent % vs. peers

(7.5%)

(HFS transfer)

Non-performing loans

Non-performing loans ($M)

$2.6B

$2.9B

$2.7B

Non-performing loans improving with lower

severity mix

$2.5B

Non-performing loan inflows have been lower than peers since early 2009.

FITB NPL inflows (relative to loans) vs. Peers

FITB

Source: SNL Financial

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

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.

Coverage ratios are strong relative to peers

Industry leading reserve level

FITB

4.85%

KEY

4.16%

ZION

4.11%

HBAN

3.79%

3.71%

3.69%

PNC

3.46%

WFC

3.21%

USB

2.83%

10.

STI

2.79%

11.

BBT

2.66%

12.

CMA

2.38%

13.

MTB

1.77%

Peer Average

3.21%

Reserves / Loans

Robust capital position

Source: SNL and company reports.

Strong capital ratios relative to peers, particularly considering reserve levels

Peer average w/

TARP: 11.5%

Peer average

w/o TARP: 9.7%

Tier 1 capital ratio (with and without TARP)

9.2%

11.0%

13.5%

12.6%

12.5%

13.6%

13.7%

12.0%

Tangible common equity ratio

Peer average: 7.0%

Tier 1 common ratio

Peer average: 7.8%

(Tier 1 common + reserves) / RWA

Peer average: 10.4%

Majority of footprint beginning to recover

(Early cycle impact; strong industrial base)

Source: Map from Moody’s Analytics, deposit market share data from SNL Financial and FDIC

Categories

based

Moody’s

Analytics’

Adversity

Index,

which

composite

index

unemployment,

industrial

production,

home

prices

and

housing

starts.

Declining

values

lead

labeling

Recession,

rising

indicators

are

labeled

Recovery,

rising

indicators

past

growth

peaks

are

labeled

Expansion,

and

mixed

indicators

are

labeled

as At Risk

Continuing to invest for the future

Well-positioned for changed financial landscape

Fifth Third’s business model is driven by traditional banking activities

—

Making loans, taking deposits, treasury management

—

Largest bank headquartered within core Midwest footprint

No significant business at Fifth Third impaired during crisis; core business activities not

generally limited by financial reform

—

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)

—

Low level of financial system “interconnectedness”

(e.g., Fifth Third loss in Lehman

bankruptcy should be less than $2 million)

—

Daily VaR

less than $500 thousand

While financial reform will be costly, expect financial reform to create new opportunities for

banking industry through re-intermediation

Expect to continue capitalizing on strong competitive position

as the landscape evolves further toward Fifth Third’s traditional strengths

Peer performance summary –

YoY Comparison

Source: SNL Financial and company reports.

(1)

Regional bank peer average consists of BBT, CMA, HBAN, KEY, MTB,

MI, PNC, RF, STI, USB, WFC, and ZION.

Operating fee growth, core pre-tax pre-provision earnings, and operating efficiency ratio exclude the following items: securities gains/losses, gains/losses from debt

extinguishments, leveraged lease gains/losses, gains from asset sales, goodwill impairment charges, FDIC special assessment, the

pro forma effect of the 2Q09

processing business sale, and other non-recurring items. Average loans include only loans held-for-investment. NPAs exclude loans held-for-sale and covered assets.

Continued relative outperformance on key value drivers

FITB

2Q10

Regional

bank peer

average

(1)

2Q10

Performance

vs. peers

Core pre-tax pre-provision earnings* /

average assets (annualized)

2.0%

1.9%

Better

Average core deposits growth

+12%

+7%

Better

Net charge-off ratio /

(bps)

2.26% (-82)

2.50% (-3)

Better

NPA ratio* /

(bps)

3.87% (+39)

4.01% (+50)

Better

Operating efficiency ratio*

63%

64%

Better

Average loan growth*

-6%

-7%

Better

Net interest margin /

(bps)

3.57% (+31)

3.62% (+33)

In-line

Cautionary statement

This

report

may

contain

statements

that

believe

are

“forward-looking

statements”

within

the

meaning

Section

27A

the

Securities

Act

1933,

amended,

and

Rule

175

promulgated

thereunder,

and

Section

21E

the

Securities

Exchange

Act

1934,

amended,

and

Rule

3b-6

promulgated

thereunder.

These

statements

relate

our

financial

condition,

results

operations,

plans,

objectives,

future

performance

business.

They

usually

can

identified

the

use

forward-looking

language

such

“will

likely

result,”

“may,”

“are

expected

to,”

“is

anticipated,”

“estimate,”

“forecast,”

“projected,”

“intends

to,”

may

include

other

similar

words

phrases

such

“believes,”

“plans,”

“trend,”

“objective,”

“continue,”

“remain,”

similar

expressions,

future

conditional

verbs

such

“will,”

“would,”

“should,”

“could,”

“might,”

“can,”

similar

verbs.

You

should

not

place

undue

reliance

these

statements,

they

are

subject

risks

and

uncertainties,

including

but

not

limited

the

risk

factors

set

forth

our

most

recent

Annual

Report

Form

10-K

and

our

most

recent

quarterly

report

Form

10-Q.

When

considering

these

forward-looking

statements,

you

should

keep

mind

these

risks

and

uncertainties,

well

any

cautionary

statements

may

make.

Moreover,

you

should

treat

these

statements

speaking

only

the

date

they

are

made

and

based

only

information

then

actually

known

us.

There

are

number

important

factors

that

could

cause

future

results

differ

materially

from

historical

performance

and

these

forward-

looking

statements.

Factors

that

might

cause

such

difference

include,

but

are

not

limited

to:

(1)

general

economic

conditions

and

weakening

the

economy,

specifically

the

real

estate

market,

either

nationally

the

states

which

Fifth

Third,

one

acquired

entities

and/or

the

combined

company

business,

are

less

favorable

than

expected;

(2)

deteriorating

credit

quality;

(3)

political

developments,

wars

other

hostilities

may

disrupt

increase

volatility

securities

markets

other

economic

conditions;

(4)

changes

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

maintain

required

capital

levels

and

adequate

sources

funding

and

liquidity;

(7)

maintaining

capital

requirements

may

limit

Fifth

Third’s

operations

and

potential

growth;

(8)

changes

and

trends

capital

markets;

(9)

problems

encountered

larger

similar

financial

institutions

may

adversely

affect

the

banking

industry

and/or

Fifth

Third

(10)

competitive

pressures

among

depository

institutions

increase

significantly;

(11)

effects

critical

accounting

policies

and

judgments;

(12)

changes

accounting

policies

procedures

may

required

the

Financial

Accounting

Standards

Board

(FASB)

other

regulatory

agencies;

(13)

legislative

regulatory

changes

actions,

significant

litigation,

adversely

affect

Fifth

Third,

one

acquired

entities

and/or

the

combined

company

the

businesses

which

Fifth

Third,

one

acquired

entities

and/or

the

combined

company

are

engaged;

(14)

ability

maintain

favorable

ratings

from

rating

agencies;

(15)

fluctuation

Fifth

Third’s

stock

price;

(16)

ability

attract

and

retain

key

personnel;

(17)

ability

receive

dividends

from

its

subsidiaries;

(18)

potentially

dilutive

effect

future

acquisitions

current

shareholders’

ownership

Fifth

Third;

(19)

effects

accounting

financial

results

one

acquired

entities;

(20)

difficulties

separating

Fifth

Third

Processing

Solutions

from

Fifth

Third;

(21)

loss

income

from

any

sale

potential

sale

businesses

that

could

have

adverse

effect

Fifth

Third’s

earnings

and

future

growth;

(22)

ability

secure

confidential

information

through

the

use

computer

systems

and

telecommunications

networks;

and

(23)

the

impact

reputational

risk

created

these

developments

such

matters

business

generation

and

retention,

funding

and

liquidity.

You

should

refer

our

periodic

and

current

reports

filed

with

the

Securities

and

Exchange

Commission,

“SEC,”

for

further

information

other

factors,

which

could

cause

actual

results

significantly

different

from

those

expressed

implied

these

forward-looking

statements.

Liability mix and pricing discipline drive

strong net interest income/NIM results

•

Strong, deposit rich core funding mix

supports relatively low cost of funds

–

Low reliance on wholesale funding

•

Continued pricing discipline on

commercial loans, consistent with market

trends toward better risk-adjusted spreads

–

C&I spreads over 1-month LIBOR

have increased more than 150 bps in

the past two years

Source: SNL and company reports.

Deposits / Assets

C&I Spread to 1-month LIBOR

2Q10 Cost of Funds Peer Comparison

Peer average 1.06%

Peer average 69%

Pre-tax pre-provision earnings

•

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 $552M, due to negative adjustments totaling $15M, 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

Core PPNR reconciliation

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

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

Reported PPNR

$511

$2,393

$844

$562

$568

$567

Adjustments:

Gain on sale of Visa shares

(244)

BOLI charge

Gain from sale of processing interest

(1,764)

Divested merchant and EFT revenue

(155)

(169)

Class B Visa swap fair value adjustment

Securities gains/losses

(5)

(8)

(2)

(14)

(8)

Visa litigation reserve expense

(73)

Other litigation reserve expense

FTPS warrants and puts

(20)

(10)

Seasonal pension expense

FDIC special assessment

Divested merchant & EFT expense

(est.)

Core PPNR

$483

$564

$535

$562

$569

$552

Credit Related Items:

OREO write-downs, FV adjs, & G/L on

loan sales

Problem asset work-out expenses

111

Credit adjusted PPNR

$580

$630

$690

$665

$661

$621

Manageable commercial real estate exposure

CRE / Assets

Source: SNL and company reports.

CRE / (TCE + Reserves)

Peer average: 256%

Peer average: 22%

CRE

exposure

lower

than

peer

average;

problems

relatively

manageable

given

capital

and

reserves

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

—

$1.0B

TDRs

are

current

and

have

been

the

books

6 or more months; within that, $600M of TDRs

are

current and have been on the books for more than a

year

TDR default propensity declines significantly with seasonality

—

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

Time since restructuring

Industry leading reserve levels

Reserves / NPAs

Reserves / Loans

Source: SNL Financial and company reports. Data as of 2Q10.

NPLs and NPAs exclude loans held-for-sale.

Reserves / Net Charge-offs (Annualized)

Reserves / NPLs

Peer average: 3.2%

Peer average: 140%

Fifth Third is the only bank with both Reserve/NPAs above 1 and Reserves/NCOs >150%

Peer average: 85%

Peer average: 99%

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

•

“P/E”

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 $190M

–

Signature $171M, PIN $19M

•

LTM debit interchange $ volume: $15B

–

Signature $11.6B, PIN $3.4B

•

LTM debit interchange transaction volume: 412M

–

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

Strong liquidity profile

Retail Brokered CD maturities: $328M in 2010; $31M in 2011

FHLB borrowings $2.6B

6/30 unused avail. capacity $22B ($18.1B in Fed and $3.6B in FHLB)

Holding Company cash at 6/30/10: $1.4B

—

Total Fed deposits ~$4.0B

Expected cash obligations over the next 12 months (assuming no

TARP repayment)

—

$0 debt maturities

—

~$39M common dividends

—

~$205M preferred dividends (~$35M Series G, ~$170M TARP)

—

~$221M interest and other expenses

Cash currently sufficient to more than satisfy all fixed obligations*

over the next

24 months without accessing capital

markets/subsidiary dividends

Bank

unsecured

debt

maturities

($M

–

excl.

Brokered

CDs)

Heavily core funded

Holding company unsecured debt maturities ($M)

* Debt maturities, common and preferred dividends, interest and other expenses

S-T

wholesale