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): October 21, 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 October 21, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the third 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 October 21, 2010, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the third 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 October 21, 2010

Exhibit 99.2 – Third Quarter Earnings Conference Call

Exhibit 99.3 – Quarterly Financial Supplement

Exhibit 99.4 – Third 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)
October 21, 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	October 21, 2010
	Rich Rosen, CFA (Investors)
	(513) 534-3307
	Debra DeCourcy, APR (Media)
	(513) 579-4153

FIFTH THIRD BANCORP ANNOUNCES THIRD QUARTER 2010 EARNINGS

Net income $238 million up 24 percent, earnings per share of $0.22 up 38 percent from second quarter 2010

• 3Q10 net income of $238 million versus 2Q10 net income of $192 million, up 24 percent

• 3Q10 net income available to common shareholders of $175 million, or $0.22 per diluted share, up 38 percent

• Return on average assets 0.84 percent; return on average common equity 6.8 percent

• Pre-provision net revenue (PPNR)* of $760 million increased 34 percent from strong 2Q10 levels driven by strong net interest income growth, higher fees reflecting mortgage results and litigation settlement

• PPNR of $633 million excluding $127 million pre-tax benefit from settlement of BOLI litigation

• 2Q10 PPNR of $567 million; 12 percent sequential PPNR growth, excluding effect of BOLI

• 3Q09 PPNR of $844 million included $317 million of pre-tax benefits related to Visa Inc. stock holdings; 20 percent PPNR growth year-over-year excluding effects of both BOLI and Visa

• 3Q10 credit actions: sale or transfer to held-for-sale of $1.2 billion in loans

• Reduced held-for-investment nonperforming assets (NPAs) and held-for-investment nonperforming loans (NPLs) by $899 million

• Resulted in $510 million in additional charge-offs (NCOs)

• Actions reduced pre-tax income by approximately $175 million through higher provision expense

• Overall credit results reflect effects of 3Q credit actions; trends otherwise stable or improved

• Net charge-offs $956 million: $510 million on the sale or transfer of loans to held-for-sale and $446 million (2.33 percent of loans and leases) in loan portfolio; vs. 2Q10 NCOs of $434 million

• NPAs declined 30 percent (flat before the effect of 3Q credit actions); NPLs declined 38 percent sequentially (down 2 percent before the effect of 3Q credit actions)

• NPA ratio of 2.7 percent; NPL ratio of 2.0 percent lowest since 2008

• NPL inflows of $447 million declined for the fourth consecutive quarter

• Total delinquencies (includes loans and leases 30-89 days past due and 90 days past due) declined 10 percent sequentially to lowest level since 1Q07

• Provision expense of $457 million reflected approximately $337 million in reserve reductions related to loans sold or transferred to held-for-sale and approximately $162 million in reserve reductions related to remainder of portfolio

• Loan loss allowance of 4.20 percent of loans, 153 percent of nonperforming assets and 202 percent of nonperforming loans and leases

• Average loans and leases, including loans held-for-sale, up $47 million sequentially due to growth in C&I and auto

• Period end loan balances flat reflecting sales/transfers to held-for-sale; up 1 percent otherwise

• Strong capital ratios; exceed Basel III proposed standards with or without CPP preferred stock

• Tier 1 common ratio 7.34 percent, up 17 bps sequentially; Tier 1 ratio 13.85 percent, up 20 bps; Total capital ratio 18.28 percent, up 29 bps

• Tangible common equity ratio of 6.70 percent excluding unrealized gains/losses; 7.06 percent including unrealized gains/losses

• Book value per share of $12.86; tangible book value per share of $9.74

• Extended $22 billion of new and renewed credit in the third quarter

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

Fifth Third Bancorp (Nasdaq: FITB) today reported third quarter 2010 net income of $238 million compared with net income of $192 million in the second quarter and a net loss of $97 million in the third quarter of 2009. After preferred dividends, the third quarter 2010 net income available to common shareholders was $175 million or $0.22 per diluted share, compared with second quarter net income of $130 million or $0.16 per diluted share, and a net loss of $159 million or $0.20 per diluted share in the third quarter of 2009.

Third quarter 2010 net income included a pre-tax benefit, net of expenses, of $127 million from the settlement of litigation related to a bank-owned life insurance (BOLI) policy. Third quarter results also included the effect of actions taken to reduce credit risk. During the quarter, $228 million of residential mortgage loans, largely nonperforming, were sold for $105 million, generating $123 million of additional net charge-offs. We also transferred $961 million of commercial loans to loans held-for-sale, a majority of which were nonperforming, generating $387 million of additional net charge-offs to mark the loans to estimated sales price. We currently expect to sell a significant portion of these loans in the fourth quarter. These actions resulted in total net charge-offs of $510 million and a reduction in Fifth Third’s allowance for loan and lease losses of approximately $337 million.

Third quarter 2009 results included a pre-tax net benefit of $288 million from the sale of our Visa, Inc. Class B common shares. This benefit consisted of a pre-tax gain of $244 million on the sale of the Class B shares and the recognition of a derivative that transferred the conversion risk of the Class B shares back to the Bancorp, and a $44 million net reduction in noninterest expense related to the reversal of an existing litigation reserve. Third quarter results also included the release of additional Visa litigation reserves due to Visa’s supplemental funding of its litigation escrow account, which reduced noninterest expense by $29 million. In total, these items benefitted earnings by $317 million pre-tax, or $0.26 per diluted share after-tax.

2

Earnings Highlights

	For the Three Months Ended															% Change
	September 2010			June 2010			March 2010			December 2009			September 2009			Seq			Yr/Yr
Earnings ($ in millions)
Net income (loss) attributable to Bancorp	$	238		$	192		($	10	)	($	98	)	($	97	)		24	%		NM
Net income (loss) available to common shareholders	$	175		$	130		($	72	)	($	160	)	($	159	)		35	%		NM
Common Share Data
Earnings per share, basic		0.22			0.16			(0.09	)		(0.20	)		(0.20	)		38	%		NM
Earnings per share, diluted		0.22			0.16			(0.09	)		(0.20	)		(0.20	)		38	%		NM
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01			—			—
Financial Ratios
Return on average assets		0.84	%		0.68	%		(.04	%)		(.35	%)		(.34	%)		24	%		NM
Return on average common equity		6.8			5.2			(3.0	)		(6.3	)		(6.1	)		31	%		NM
Tier I capital		13.85			13.65			13.39			13.31			13.19			1	%		4	%
Tier I common equity		7.34			7.17			6.96			6.99			7.01			2	%		4	%
Net interest margin (a)		3.70			3.57			3.63			3.55			3.43			4	%		8	%
Efficiency (a)		56.2			62.1			62.5			63.1			50.8			(10	%)		11	%
Common shares outstanding (in thousands)		796,283			796,320			794,816			795,068			795,316			—			—
Average common shares outstanding (in thousands):
Basic		791,017			790,839			790,473			790,442			790,334			—			—
Diluted		797,492			802,255			790,473			790,442			790,334			(1	%)		1	%

(a) Presented on a fully taxable equivalent basis

NM: Not Meaningful

“This quarter’s earnings results were strong and showed continued improvement,” said Kevin Kabat, president and CEO of Fifth Third Bancorp. “Net income of $238 million increased 24 percent and EPS increased 38 percent, despite the effect of significant credit actions to further reduce risk that negatively affected pre-tax income by $175 million. Return on assets was 0.84 percent and we currently expect ROA to exceed 1 percent in the fourth quarter.

Operating performance outpaced strong second quarter results. Net interest income increased 3 percent sequentially, and fee income increased 9 percent excluding the benefits of the settlement of litigation and Visa stock sale. On the same basis, pre-provision net revenue (revenue minus expenses) increased 12 percent from the second quarter and 20 percent from the third quarter of 2009. We saw a pick-up in loan production and improvement in loan balance trends, and low-cost deposit growth remained strong.

As noted, we took action to sell about half of our residential mortgage nonperforming loans in the quarter. We also transferred approximately a third of our commercial nonperforming loans – largely loans tied to real estate – to loans held-for-sale. These loans represented situations where we believed a near-term sale was a better solution than the prospects for workout or rehabilitation of the relationship. Disposing of these loans further reduces Fifth Third’s exposure to future real estate losses in what is anticipated will be a slow recovery in that sector. The recognition of these losses will have a beneficial impact on charge-offs in the fourth quarter of 2010 and in 2011. We currently expect fourth quarter net charge-offs will be less than $400 million with improving trends, which would represent less than 2 percent of loans on an annualized basis, given our current expectations for credit trends and the economy.

3

Nonperforming assets and loans held-for-investment declined by almost $900 million, largely as a result of these actions. The third quarter NPA ratio was 2.7 percent and the NPL ratio was 2.0 percent of loans – the lowest levels we’ve reported since 2008. Nonaccrual inflows declined for the fourth straight quarter. Loan loss reserves of 4.20 percent of loans were reduced by reserves associated with the loans sold or transferred as well as to reflect improvement in the underlying characteristics of the remaining portfolio. Reserve coverage levels remain strong, at 202 percent of NPLs and 153 percent of NPAs. We currently expect provision expense in the fourth quarter to be less than half that recorded this quarter and for reserve levels to continue to trend down, given our expectation of a stable to improving economic environment and credit trends.

Our capital levels are strong and exceed Basel III proposed standards with or without the inclusion of CPP preferred stock. We will manage our capital and its composition appropriately given capital requirements and our expectation that capital will continue to build through profitable results.

While the financial landscape and financial regulation continue to evolve, we believe our strengths in traditional lending and deposit-taking activities, and our strong customer service, position us very well to compete and succeed in the future.”

Income Statement Highlights

	For the Three Months Ended													% Change
	September 2010		June 2010		March 2010			December 2009			September 2009			Seq			Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	916	$	887	$	901		$	883		$	874			3	%		5	%
Provision for loan and lease losses		457		325		590			776			952			40	%		(52	%)
Total noninterest income		827		620		627			651			851			33	%		(3	%)
Total noninterest expense		979		935		956			967			876			5	%		12	%
Income (loss) before income taxes (taxable equivalent)		307		247		(18	)		(209	)		(103	)		24	%		NM
Taxable equivalent adjustment		4		5		4			5			5			(20	%)		(20	%)
Applicable income taxes		65		50		(12	)		(116	)		(11	)		30	%		NM
Net Income (loss)		238		192		(10	)		(98	)		(97	)		24	%		NM
Less: Net Income (loss) attributable to noncontrolling interest		—		—		—			—			—			—			—
Net income (loss) attributable to Bancorp		238		192		(10	)		(98	)		(97	)		24	%		NM
Dividends on preferred stock		63		62		62			62			62			0			0
Net income (loss) available to common shareholders		175		130		(72	)		(160	)		(159	)		35	%		NM
Earnings per share, diluted	$	0.22	$	0.16	($	0.09	)	($	0.20	)	($	0.20	)		38	%		NM

NM: Not Meaningful

4

Net Interest Income

	For the Three Months Ended															% Change
	September 2010			June 2010			March 2010			December 2009			September 2009			Seq			Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,130		$	1,121		$	1,147		$	1,148		$	1,174			1	%		(4	%)
Total interest expense		214			234			246			265			300			(9	%)		(29	%)
Net interest income (taxable equivalent)	$	916		$	887		$	901		$	883		$	874			3	%		5	%
Average Yield
Yield on interest-earning assets		4.57	%		4.51	%		4.62	%		4.61	%		4.61	%		1	%		(1	%)
Yield on interest-bearing liabilities		1.13	%		1.23	%		1.29	%		1.39	%		1.51	%		(8	%)		(25	%)
Net interest rate spread (taxable equivalent)		3.44	%		3.28	%		3.33	%		3.22	%		3.10	%		5	%		11	%
Net interest margin (taxable equivalent)		3.70	%		3.57	%		3.63	%		3.55	%		3.43	%		4	%		8	%
Average Balances ($ in millions)
Loans and leases, including held for sale	$	78,854		$	78,807		$	80,136		$	79,920		$	82,889			—			(5	%)
Total securities and other short-term investments		19,309			20,891			20,559			18,869			18,064			(8	%)		7	%
Total interest-bearing liabilities		75,076			76,415			77,655			75,815			78,759			(2	%)		(5	%)
Equity		13,872			13,563			13,518			13,724			13,885			2	%		—

Net interest income of $916 million on a taxable equivalent basis increased 3 percent from $887 million in the second quarter of 2010. The net interest margin was 3.70 percent, up 13 bps from 3.57 percent in the previous quarter. The increase in net interest income and net interest margin reflected ongoing CD runoff and repricing, lower securities premium amortization, and a mix shift towards higher-yielding loans, primarily C&I and consumer loans. These positive effects were partially offset by both lower investment portfolio balances and a flatter yield curve.

Compared with the third quarter of 2009, net interest income increased $42 million and the net interest margin increased 27 bps, largely the result of the mix shift from higher cost term deposits to lower cost deposit products throughout the year, which more than offset the effect of a $15 million, or 6 bps, reduction in purchase accounting accretion on acquired loans and lower loan balances.

Securities

Average securities and other short-term investments were $19.3 billion in the third quarter of 2010, compared with $20.9 billion in the previous quarter and $18.1 billion in the third quarter of 2009. The primary drivers of the sequential decrease were an $829 million decrease in average short-term investments and $683 million decrease in average taxable securities, corresponding with lower levels of time deposits and excess liquidity. The year-over-year increase was driven by a $2.5 billion increase in average short-term investments, partially offset by lower average tax exempt securities.

Period end securities and other short term investments balances were $19.9 billion as of the third quarter of 2010, which decreased $1.0 billion from the prior quarter and increased $1.7 billion from the third quarter of 2009.

5

Loans

	For the Three Months Ended										% Change
	September 2010		June 2010		March 2010		December 2009		September 2009		Seq			Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial and industrial loans	$	26,344	$	26,176	$	26,294	$	25,816	$	27,400		1	%		(4	%)
Commercial mortgage		11,375		11,659		11,708		11,981		12,269		(2	%)		(7	%)
Commercial construction		2,885		3,160		3,700		4,024		4,337		(9	%)		(33	%)
Commercial leases		3,257		3,336		3,467		3,574		3,522		(2	%)		(8	%)
Subtotal - commercial loans and leases		43,861		44,331		45,169		45,395		47,528		(1	%)		(8	%)
Consumer:
Residential mortgage loans		7,837		7,805		7,976		8,129		8,355		—			(6	%)
Home equity		11,897		12,102		12,338		12,291		12,452		(2	%)		(4	%)
Automobile loans		10,517		10,170		10,185		8,973		8,871		3	%		19	%
Credit card		1,838		1,859		1,940		1,982		1,955		(1	%)		(6	%)
Other consumer loans and leases		667		706		773		831		899		(6	%)		(26	%)
Subtotal - consumer loans and leases		32,756		32,642		33,212		32,206		32,532		—			1	%
Total average loans and leases (excluding held for sale)	$	76,617	$	76,973	$	78,381	$	77,601	$	80,060		—			(4	%)
Average loans held for sale		2,237		1,834		1,756		2,319		2,828		22	%		(21	%)

Average portfolio loan and lease balances were flat sequentially and declined 4 percent from the third quarter of 2009. Period end loan and lease balances declined $223 million and included the effect of the sale or transfer to loans held-for-sale of $1.2 billion; period end balances would have increased approximately $966 million, or 1 percent, in the absence of these actions.

Average commercial portfolio loan and lease balances declined 1 percent sequentially and 8 percent from the third quarter of 2009. Commercial and industrial (C&I) average loans increased 1 percent sequentially, driven by stronger originations during the quarter. Compared with the third quarter of 2009, C&I average loans declined 4 percent. 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. Commercial line usage, on an end of period basis for the third quarter, remained stable at 32.4 percent of committed lines versus 32.1 percent in the second quarter of 2010 and 36.0 percent in the third quarter of 2009.

Commercial portfolio period end loan balances were down $785 million, with the effect of modest growth more than offset by the impact of the previously mentioned transfers to held-for-sale of $961 million of loans.

Average consumer portfolio loan and lease balances were flat sequentially and increased 1 percent from the third quarter of 2009. The sequential results reflected growth in residential mortgage and auto loans, which were offset by declines in home equity and credit card balances, while year-over-year declines in residential mortgage loans and home equity loans were offset by growth in auto loans. Mortgage growth included the effect of retaining retail branch originated mortgages, initiated in the third quarter, of $381 million. The year-over-year comparisons were affected 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 discussed accounting change.

6

Consumer portfolio period end loan balances increased 2 percent sequentially, with $453 million of growth in auto more than offsetting the impact of the sale of $228 million in nonperforming consumer loans.

Deposits

	For the Three Months Ended										% Change
	September 2010		June 2010		March 2010		December 2009		September 2009		Seq			Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	19,362	$	19,406	$	18,822	$	18,137	$	17,059		—			14	%
Interest checking		17,142		18,652		19,533		16,324		14,869		(8	%)		15	%
Savings		19,905		19,446		18,469		17,540		16,967		2	%		17	%
Money market		4,940		4,679		4,622		4,279		4,280		6	%		15	%
Foreign office (a)		3,592		3,325		2,757		2,516		2,432		8	%		48	%
Subtotal - Transaction deposits		64,941		65,508		64,203		58,796		55,607		(1	%)		17	%
Other time		10,261		11,336		12,059		13,049		14,264		(9	%)		(28	%)
Subtotal - Core deposits		75,202		76,844		76,262		71,845		69,871		(2	%)		8	%
Certificates - $100,000 and over		6,096		6,354		7,049		8,200		10,055		(4	%)		(39	%)
Other		4		5		8		51		95		(19	%)		(96	%)
Total deposits	$	81,302	$	83,203	$	83,319	$	80,096	$	80,021		(2	%)		2	%

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

Average core deposits decreased 2 percent sequentially and increased 8 percent from the third quarter of 2009. The sequential results were driven by declines in CDs and public funds deposits within interest checking, while the year-over-year increase was driven by growth across all transaction deposit account categories, partially offset by declines in public funds balances. Average transaction deposits, excluding consumer time deposits, decreased 1 percent from the second quarter of 2010 and increased 17 percent over the prior year quarter. The year-over-year growth was due to improvement across all transaction account categories driven in part by higher average savings, demand deposit and interest checking account balances.

Retail average transaction deposits increased 1 percent sequentially and 13 percent from the third quarter of 2009 and reflected growth in savings, demand deposit, and money market account balances.

Commercial average transaction deposits decreased 4 percent sequentially and increased 25 percent from the previous year. Excluding public funds balances, commercial average transaction deposits increased 1 percent sequentially and increased 37 percent from the third quarter of 2009 driven by interest checking and money market account balances, reflecting excess customer liquidity. Average public funds balances were $5.2 billion, down $1.2 billion sequentially and down $171 million from the third quarter of 2009 due to ongoing pricing adjustments, which continue to reflect our excess liquidity position.

Consumer CDs included in core deposits declined 9 percent sequentially and 28 percent year-over-year, reflecting maturities of higher priced CDs as well as current pricing strategies given our liquidity position.

7

Noninterest Income

	For the Three Months Ended											% Change
	September 2010		June 2010		March 2010		December 2009		September 2009			Seq			Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	143	$	149	$	142	$	159	$	164			(4	%)		(13	%)
Corporate banking revenue		86		93		81		89		77			(8	%)		11	%
Mortgage banking net revenue		232		114		152		132		140			104	%		66	%
Investment advisory revenue		90		87		91		86		82			4	%		10	%
Card and processing revenue		77		84		73		76		74			(9	%)		5	%
Gain on sale of processing business		—		—		—		—		(6	)		—			100	%
Other noninterest income		195		85		74		107		312			128	%		(38	%)
Securities gains (losses), net		4		8		14		2		8			(50	%)		(50	%)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—		—		—			—			—
Total noninterest income	$	827	$	620	$	627	$	651	$	851			33	%		(3	%)

Noninterest income of $827 million increased $207 million, or 33 percent, sequentially and declined $24 million, or 3 percent, from a year ago. Sequential growth reflected the litigation settlement described below, as well as growth in mortgage banking revenue and investment advisory fees, partially offset by lower card and processing revenue, corporate banking revenue, and service charges on deposits. The year-over-year decline can be attributed to several one-time items affecting other noninterest income in both the third quarter 2010 and third quarter of 2009, which are described in detail below.

Current quarter results included a benefit of $152 million from the settlement of litigation associated with one of the Bancorp’s BOLI policies and a negative valuation adjustment of $5 million on warrants and puts related to the processing business sale. Third quarter 2010 results also 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, compared with $13 million in revenue in the second quarter of 2010 and $38 million in revenue in the third quarter of 2009. Second quarter 2010 results were impacted by $10 million in positive valuation adjustments on warrants and puts related to the processing business sale. Third quarter 2009 results included a $244 million gain from the sale of our Visa, Inc. Class B common shares. Excluding these items, as well as investment securities gains in all periods, noninterest income increased $74 million, or 13 percent, from the previous quarter, and $102 million, or 18 percent, from the third quarter of 2009. The sequential and year-over-year growth was largely driven by higher mortgage banking revenue.

Service charges on deposits of $143 million decreased 4 percent sequentially and 13 percent compared with the same quarter last year. Retail service charges declined 13 percent from the previous quarter and declined 24 percent compared with the third quarter of 2009, largely due to the implementation of new overdraft regulations and overdraft policies. Commercial service charges increased 6 percent sequentially and were flat versus last year.

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Corporate banking revenue of $86 million decreased 8 percent from the second quarter of 2010 and increased 11 percent from the same period last year. Sequential results were driven by declines in institutional sales and foreign exchange revenue, partially offset by growth in revenue from interest rate derivative sales due to higher commercial loan origination volume during the quarter. On a year-over-year basis, revenue from interest rate derivative sales and business lending fees more than offset declines in foreign exchange and letter of credit fees.

Mortgage banking net revenue was $232 million in the third quarter of 2010, an increase of $118 million from the second quarter of 2010 and $92 million from the third quarter of 2009. Third quarter 2010 originations were $5.6 billion, an increase from $3.8 billion in the previous quarter and $4.6 billion in the third quarter of 2009. Third quarter 2010 originations resulted in gains of $173 million on mortgages sold compared with gains of $89 million during the previous quarter and $96 million during the same period in 2009. Mortgage servicing fees this quarter were $56 million, compared with $54 million in the second quarter of 2010 and $50 million in the third quarter of 2009. Mortgage banking revenue is also affected by net servicing asset value adjustments, which include MSR amortization and MSR valuation adjustments (including mark-to-market related adjustments on free-standing derivatives used to economically hedge the MSR portfolio). These net servicing asset valuation adjustments were positive $3 million in the third quarter (reflecting MSR amortization of $43 million and MSR valuation adjustments of positive $46 million); negative $29 million in the second quarter of 2010 (MSR amortization of $25 million and MSR valuation adjustments of negative $4 million); and negative $6 million in the third quarter of 2009 ($29 million in MSR amortization and positive $23 million in MSR valuation adjustments). The mortgage-servicing asset, net of the valuation reserve, was $599 million at quarter end on a servicing portfolio of $52 billion.

Investment advisory revenue of $90 million increased 4 percent sequentially and 10 percent from the third quarter of 2009. The sequential growth was primarily driven by higher brokerage fees due to improved sales production resulting in strong net asset and account growth, as well as higher private client services revenue. On a year-over-year basis, improvement also reflected an overall increase in equity and bond market values.

Card and processing revenue was $77 million in the third quarter of 2010, a decrease of $7 million, or 9 percent, from the previous quarter, largely the result of rewards program costs recognized within fee income, with a corresponding decrease in card and processing expense. Year-over-year growth of $3 million was driven by higher transaction volumes.

Other noninterest income totaled $195 million in the third quarter of 2010 versus $85 million in the previous quarter and $312 million in the third quarter of 2009. Third quarter 2010 results included the $152 million gain from the settlement of litigation related to a BOLI policy, $13 million of TSA revenue, $7 million of revenue from our equity interest in the processing business, and a negative valuation adjustment of $5 million on warrants and puts related to the processing business sale. Second quarter 2010 results included $13 million of TSA revenue, $6 million of revenue from our processing business equity interest, and a $10 million positive valuation adjustment of warrants and puts related to the processing business sale. Third quarter 2009 results

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included a $244 million gain from the sale of our Visa, Inc. Class B common shares, $38 million of TSA revenue, and $7 million of revenue from our processing business equity interest. Excluding these items, other noninterest income decreased $28 million from the previous quarter and increased $5 million from the third quarter of 2009 primarily due to the effects of credit-related costs. Credit-related costs recognized in noninterest income were $40 million in the third quarter of 2010 versus $14 million last quarter and $45 million in the third quarter of 2009. This quarter, on loans previously transferred to held-for-sale, we realized $1 million of net losses on sales and recorded $9 million of fair value charges on commercial loans in held-for-sale. We also recorded $29 million of losses on other real estate owned (OREO). Second quarter 2010 results included net gains of $6 million on sale of loans held-for-sale, $7 million of fair value charges on commercial loans held-for-sale, and $13 million of losses on OREO. Third quarter 2009 results included net gains of $8 million on the sale of loans held-for-sale, $30 million of fair value charges on commercial loans held-for-sale, and $22 million of losses on OREO.

Net gains on investment securities were $4 million in the third quarter of 2010, compared with securities gains of $8 million in the previous quarter and $8 million in the same period the previous year.

Noninterest Expense

	For the Three Months Ended										% Change
	September 2010		June 2010		March 2010		December 2009		September 2009		Seq			Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	360	$	356	$	329	$	331	$	335		1	%		8	%
Employee benefits		82		73		86		69		83		13	%		(1	%)
Net occupancy expense		72		73		76		75		75		(1	%)		(3	%)
Technology and communications		48		45		45		47		43		6	%		10	%
Equipment expense		30		31		30		31		30		(2	%)		—
Card and processing expense		26		31		25		27		25		(19	%)		1	%
Other noninterest expense		361		326		365		387		285		11	%		27	%
Total noninterest expense	$	979	$	935	$	956	$	967	$	876		5	%		12	%

Noninterest expense of $979 million increased $44 million sequentially and $103 million from a year ago. Third quarter 2010 results included $25 million in legal expenses associated with the previously mentioned BOLI settlement. Third quarter 2009 results included the Visa litigation reserve reversal of $73 million and $10 million of pension settlement expense. Excluding these items, noninterest expense was $954 million in the third quarter of 2010, compared with $935 million in the second quarter of 2010 and $939 million in the third quarter of 2009. This sequential increase was driven by higher credit-related expenses; the year-over-year increase was primarily driven by higher salaries, wages and incentives due to higher levels of production and investment in sales force expansion. Each period included operating expenses related to the processing business that were largely offset by revenue under the TSA reported in other noninterest income.

Noninterest expenses incurred related to problem assets totaled $67 million in the third quarter of 2010, compared with $55 million in the second quarter of 2010 and $111 million in the third quarter of 2009. Third quarter credit-related expenses included expenses related to mortgage repurchase reserves of $45 million, compared with $18 million in the second quarter of 2010 and $11 million a year ago. (Realized mortgage

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repurchase losses were $30 million in the third quarter of 2010, compared with $18 million last quarter and $13 million in the third quarter of 2009.) Provision expense for unfunded commitments represented a reduction of expense of $23 million in the third quarter of 2010, a $6 million reduction last quarter, compared with expense of $45 million a year ago. Derivative valuation adjustments related to customer credit risk resulted in $8 million of expenses this quarter versus $9 million last quarter and $21 million a year ago. OREO expense was $9 million this quarter, compared with $7 million last quarter and $6 million a year ago. Other work-out related expenses were $28 million in the third quarter, compared with $26 million the previous quarter and $29 million in the same period last year.

Credit Quality

At the end of the third quarter, we undertook two sets of actions that significantly affected credit quality trends, including net charge-offs, nonperforming assets, and the loan loss allowance. First, we sold $228 million of residential mortgage loans, of which $205 million were nonperforming and $23 million were accruing but delinquent. The sale of these loans resulted in $123 million of net charge-offs being recorded to reflect their estimated sales price. The nonperforming loans included in this sale represented approximately half of our residential mortgage nonperforming loans and approximately 40 percent of our consumer nonperforming loans.

Second, we transferred $961 million of commercial loans, of which $694 million were nonperforming and $267 million were performing. The transfer of these loans resulted in $387 million of net charge-offs being recorded to reflect their estimated sales price. These loans represented approximately a third of our commercial nonperforming loans and 38 percent of commercial nonperforming loans secured by real estate or related to that industry. Within commercial real estate, they represented 46 percent of nonperforming loans for raw and developed land and 42 percent of non-owner occupied real estate nonperforming loans (including land).

In total, these loans (both commercial and consumer) aggregated to $1.2 billion of loans, of which $899 million were nonperforming and $290 million were performing, and resulted in $510 million of net charge-offs being recorded to reflect their sales or estimated sales price. In aggregate, the nonperforming consumer and commercial loans being disposed represent approximately 40 percent of our real-estate related nonperforming loans. These loans had aggregate loan loss reserves attributable to them, through specific or modeled reserves, of $337 million, and the sales and transfers to held-for-sale resulted in a reduction of the loan loss reserve of that amount.

The performing commercial loans that were transferred to loans held-for-sale are now classified as nonperforming loans held-for-sale, as they were deemed impaired as a result of our decision to pursue a sale at less than their carrying value.

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	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Total net losses charged off ($ in millions)
Commercial and industrial loans	($	237	)	($	104	)	($	161	)	($	183	)	($	256	)
Commercial mortgage loans		(268	)		(78	)		(99	)		(142	)		(118	)
Commercial construction loans		(121	)		(43	)		(78	)		(135	)		(126	)
Commercial leases		(1	)		—			(4	)		(8	)		—
Residential mortgage loans		(204	)		(85	)		(88	)		(78	)		(92	)
Home equity		(66	)		(61	)		(73	)		(82	)		(80	)
Automobile loans		(17	)		(20	)		(31	)		(32	)		(34	)
Credit card		(36	)		(42	)		(44	)		(44	)		(45	)
Other consumer loans and leases		(6	)		(1	)		(4	)		(4	)		(5	)
Total net losses charged off		(956	)		(434	)		(582	)		(708	)		(756	)
Total losses		(992	)		(472	)		(622	)		(743	)		(796	)
Total recoveries		36			38			40			35			40
Total net losses charged off	($	956	)	($	434	)	($	582	)	($	708	)	($	756	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		4.95	%		2.26	%		3.01	%		3.62	%		3.75	%
Commercial		5.66	%		2.03	%		3.07	%		4.08	%		4.17	%
Consumer		4.00	%		2.57	%		2.93	%		2.97	%		3.13	%

Net charge-offs were $956 million in the third quarter of 2010, or 495 bps of average loans on an annualized basis. Results included net losses of $510 million realized on the sale or transfer of loans to held-for-sale and $446 million, or 2.33 percent of average loans and leases, in the loan portfolio.

Commercial net charge-offs were $627 million, or 566 bps, in the third quarter of 2010. Net charge-offs on the transfer of loans to held-for-sale during the quarter totaled $387 million. Of this $387 million, $108 million was realized on C&I loans, $202 million was realized on commercial mortgage loans, and $77 million was realized on commercial construction loans. Approximately 77 percent of these losses were on commercial real estate loans and C&I loans to companies in construction and real estate related industries, including $95 million on homebuilder/developer loans. Michigan and Florida accounted for approximately 41 percent of the losses on loans transferred to held-for-sale.

Excluding losses on the transfer of loans to held-for-sale, commercial net charge-offs in the loan portfolio were $240 million, or 217 bps, an increase of $15 million from the second quarter of 2010. C&I net losses in the portfolio were $129 million, an increase of $25 million from the previous quarter. The sequential increase was driven by losses on loans to companies in real-estate related industries of $53 million, an increase of $16 million from the previous quarter. Commercial mortgage net losses in the portfolio totaled $66 million, a decrease of $12 million from the previous quarter, with Michigan and Florida accounting for 66 percent of losses. Commercial construction net losses in the portfolio were $44 million, an increase of $1 million from the previous quarter. Net losses on residential builder and developer portfolio loans across the C&I and commercial real estate categories totaled $32 million, down $16 million from the second quarter. Originations of homebuilder/developer loans were suspended in 2007 and the remaining portfolio balance is $824 million, down from a peak of $3.3 billion in the second quarter of 2008.

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Consumer net charge-offs were $329 million, or 400 bps, in the third quarter of 2010. Net charge-offs on the sale of residential mortgage loans during the quarter totaled $123 million. Excluding losses on the sale of mortgage loans, consumer net charge-offs in the portfolio were $206 million, or 251 bps, a decrease of $3 million from the second quarter of 2010. Net charge-offs on residential mortgage loans in the portfolio were $81 million, a decrease of $4 million from the previous quarter, with losses in Florida representing 62 percent of residential mortgage losses in the third quarter and approximately 24 percent of total residential mortgage loans. Home equity net charge-offs of $66 million increased $5 million sequentially, with Michigan and Florida representing 46 percent of third quarter home equity losses and 29 percent of total home equity loans. Net losses on brokered home equity loans represented 40 percent of third quarter home equity losses, consistent with last quarter, and 15 percent of the total home equity portfolio. The home equity portfolio included $1.7 billion of brokered loans; originations of these loans were discontinued in 2007. Net charge-offs in the auto portfolio of $17 million decreased $3 million from the second quarter and net losses on consumer credit card loans were $36 million, down $6 million from the previous quarter.

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	3,693		$	3,802		$	3,749		$	3,681		$	3,485
Impact of cumulative effect of change in accounting principle		—			—			45			—			—
Total net losses charged off		(956	)		(434	)		(582	)		(708	)		(756	)
Provision for loan and lease losses		457			325			590			776			952
Allowance for loan and lease losses, ending		3,194			3,693			3,802			3,749			3,681
Reserve for unfunded commitments, beginning		254			260			294			284			239
Impact of cumulative effect of change in accounting principle		—			—			(43	)		—			—
Provision for unfunded commitments		(23	)		(6	)		9			10			45
Reserve for unfunded commitments, ending		231			254			260			294			284
Components of allowance for credit losses:
Allowance for loan and lease losses		3,194			3,693			3,802			3,749			3,681
Reserve for unfunded commitments		231			254			260			294			284
Total allowance for credit losses	$	3,425		$	3,947		$	4,062		$	4,043		$	3,965
Allowance for loan and lease losses ratio
As a percent of loans and leases		4.20	%		4.85	%		4.91	%		4.88	%		4.69	%
As a percent of nonperforming loans and leases (a)		202	%		146	%		139	%		127	%		125	%
As a percent of nonperforming assets (a)		153	%		124	%		122	%		116	%		114	%

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

Provision for loan and lease losses totaled $457 million in the third quarter of 2010, an increase of $132 million from the second quarter and down $495 million from the third quarter of 2009. The third quarter 2010 allowance included approximately $337 million in reserve reductions related to loans sold or transferred to held-for-sale and approximately $162 million in reserve reductions related to the remainder of the portfolio. The allowance for loan and lease losses represented 4.20 percent of total loans and leases outstanding as of quarter end, compared with 4.85 percent last quarter, and represented 202 percent of nonperforming loans and leases and 153 percent of nonperforming assets.

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	As of
	September 2010			June 2010			March 2010			December 2009			September 2009
Nonperforming Assets and Delinquent Loans ($ in millions)
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	525		$	731		$	746		$	734		$	752
Commercial mortgage loans		464			773			853			898			912
Commercial construction loans		211			383			479			646			697
Commercial leases		30			45			55			67			51
Residential mortgage loans		124			282			266			275			267
Home equity		23			21			23			21			24
Automobile loans		1			1			1			1			1
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual loans and leases	$	1,378		$	2,236		$	2,423		$	2,642		$	2,704
Restructured loans and leases - commercial (nonaccrual)		31			48			39			47			18
Restructured loans and leases - consumer (nonaccrual)		175			246			271			258			225
Total nonperforming loans and leases	$	1,584		$	2,530		$	2,733		$	2,947		$	2,947
Repossessed personal property		29			16			21			22			22
Other real estate owned (a)		469			423			375			275			251
Total nonperforming assets (b)	$	2,082		$	2,969		$	3,129		$	3,244		$	3,220
Nonaccrual loans held for sale		680			163			239			220			286
Restructured loans - commercial (nonaccrual) held for sale		19			4			4			4			2
Total nonperforming assets including loans held for sale	$	2,781		$	3,136		$	3,372		$	3,468		$	3,508
Restructured Consumer loans and leases (accrual)	$	1,652		$	1,561		$	1,480		$	1,392		$	1,280
Restructured Commercial loans and leases (accrual)	$	146		$	109		$	76		$	68			—
Total loans and leases 90 days past due	$	317		$	397		$	436		$	567		$	992
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		2.07	%		3.30	%		3.51	%		3.82	%		3.75	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		2.72	%		3.87	%		4.02	%		4.22	%		4.09	%

(a) Excludes government insured advances.

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

Nonperforming assets held-for-investment (NPAs) at quarter end were $2.1 billion or 2.72 percent of total loans, leases and OREO, and decreased $887 million, or 30 percent, from the previous quarter. The significant reduction in NPAs was driven by $899 million of loans that were sold or transferred to held-for-sale during the quarter, which was described above. In aggregate, Florida and Michigan represented approximately 43 percent of NPAs in the loan portfolio. Nonperforming loans held-for-investment (NPLs) at quarter end were $1.6 billion or 2.07 percent of total loans and leases, and decreased $946 million, or 37 percent, from the second quarter.

Including $699 million of nonaccrual loans classified as held-for-sale, total nonperforming assets were $2.8 billion and were down $353 million, or 11 percent, compared with the second quarter. The sequential decline was driven primarily by net charge-offs recorded in the third quarter on nonperforming loans that were transferred to loans held-for-sale, partially offset by the classification of performing loans that were moved to loans-held-for sale as nonperforming loans once they were in loans held-for-sale. NPAs are currently carried at approximately 58 percent of their original face value through the process of taking charge-offs, purchase accounting marks, and specific reserves recorded through the third quarter.

All commercial nonperforming asset trends reflected the effect of the transfer of commercial nonperforming loans to held-for-sale, described above. Commercial portfolio NPAs at quarter-end were $1.6 billion, or 3.71 percent of commercial loans, leases and OREO, and declined $670 million, or 29 percent, from the second quarter. Commercial portfolio NPLs were $1.3 billion, or 2.91 percent of commercial loans and leases, down

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$719 million, or 36 percent, from last quarter. Commercial construction portfolio NPAs were $291 million, a decline of $190 million from the previous quarter. Commercial mortgage portfolio NPAs were $679 million, a sequential decrease of $276 million. Commercial real estate loans in Michigan and Florida represented 50 percent of commercial real estate NPAs and 36 percent of our total commercial real estate portfolio. C&I portfolio NPAs of $594 million declined $198 million from the previous quarter. Within the commercial loan portfolio, residential real estate builder and developer portfolio NPAs declined $151 million from the second quarter to $280 million, of which $86 million were commercial construction assets, $169 million were commercial mortgage assets and $25 million were C&I assets. Commercial portfolio NPAs included $31 million of nonaccrual troubled debt restructurings (TDRs), compared with $48 million last quarter.

Consumer portfolio NPAs of $478 million, or 1.44 percent of consumer loans, leases and OREO, decreased $217 million, or 31 percent, from the second quarter. Consumer portfolio NPLs were $322 million, or 0.97 percent of consumer loans and leases, and declined $227 million, or 41 percent, from last quarter. These trends reflected the sale of nonperforming mortgage loans, described above. Of consumer NPAs, $402 million were in residential real estate portfolios. Residential real estate loans in Michigan and Florida represented 53 percent of residential real estate NPAs and 33 percent of total residential real estate loans. Residential mortgage NPAs were $328 million, down $221 million from the previous quarter, driven by the sale of $205 million in nonperforming mortgage loans. The third quarter 2010 consumer loan sale accounted for the majority of the sequential improvement. Home equity NPAs increased $9 million from last quarter to $74 million. Credit card NPAs declined $7 million from the previous quarter to $57 million. Consumer nonaccrual TDRs were $175 million in the third quarter of 2010, compared with $246 million in the second quarter.

Third quarter OREO balances included in portfolio NPA balances described above were $469 million compared with $423 million in the second quarter of 2010, and included $278 million in commercial real estate assets, $120 million in residential mortgage assets, and $19 million in home equity assets. Repossessed personal property of $29 million largely consisted of autos.

Loans still accruing over 90 days past due were $317 million, down $80 million, or 20 percent, from the second quarter of 2010. Commercial balances 90 days past due of $63 million decreased $79 million sequentially. Consumer balances 90 days past due of $253 million declined $1 million from the previous quarter. Loans 30-89 days past due of $666 million decreased $26 million, or 4 percent, from the previous quarter. Commercial balances 30-89 days past due of $252 million declined $25 million, or 9 percent, sequentially and consumer balances 30-89 days past due of $414 million were down $1 million from the second quarter.

At quarter-end, we held $699 million of commercial nonaccrual loans for sale, compared with $167 million at the end of the second quarter. The $961 million in commercial loans transferred to loans held-for-sale during the quarter are carried within nonaccrual loans held-for-sale at $574 million, with an additional $127 million carried in loans held-for-sale representing loans from previous transfers. During the quarter, we transferred $12 million of loans from loans held-for-sale to OREO. We recorded negative valuation adjustments of $9 million on held-for-sale loans and we recorded net gains of $1 million on loans that were sold or settled during the quarter.

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Capital Position

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Capital Position
Average shareholders’ equity to average assets		12.38	%		12.04	%		11.92	%		12.31	%		12.24	%
Tangible equity (a)		10.04	%		9.89	%		9.67	%		9.71	%		10.08	%
Tangible common equity (excluding unrealized gains/losses) (a)		6.70	%		6.55	%		6.37	%		6.45	%		6.74	%
Tangible common equity (including unrealized gains/losses) (a)		7.06	%		6.91	%		6.61	%		6.64	%		6.98	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)		7.37	%		7.23	%		7.04	%		7.06	%		7.07	%
Regulatory capital ratios: (c)
Tier I capital		13.85	%		13.65	%		13.39	%		13.31	%		13.19	%
Total risk-based capital		18.28	%		17.99	%		17.54	%		17.48	%		17.43	%
Tier I leverage		12.54	%		12.24	%		12.00	%		12.34	%		12.34	%
Tier I common equity (a)		7.34	%		7.17	%		6.96	%		6.99	%		7.01	%
Book value per share		12.86			12.65			12.31			12.44			12.69
Tangible book value per share (a)		9.74			9.51			9.16			9.26			9.50

(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 data ratios are estimated.

Capital ratios remained strong during the quarter. Compared with the prior quarter, the Tier 1 common equity ratio increased 17 bps to 7.34 percent, the Tier 1 capital ratio increased 20 bps to 13.85 percent, and the total capital ratio increased 29 bps to 18.28 percent. The tangible common equity to tangible assets ratio increased 15 bps to 6.70 percent excluding unrealized gains/losses, and increased 15 bps to 7.06 percent including unrealized gains/losses.

The Bank for International Settlements (BIS) recently proposed new capital rules for Internationally Active banks, known as “Basel III.” Fifth Third is subject to U.S. bank regulations for capital, which have not yet been issued in response to the Basel proposals. Fifth Third’s capital levels exceed current U.S. “well-capitalized” standards and proposed Basel III standards, and we expect Fifth Third’s capital levels to continue to exceed U.S. “well-capitalized” standards including the adoption of rules that incorporate changes contemplated under Basel III.

Fifth Third’s current Tier 1 and Total capital levels include $3.4 billion of preferred stock, or approximately 3.4 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.

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Under the Dodd-Frank financial reform legislation recently passed, these Trust Preferred securities are intended to be phased out of Tier 1 capital over three years beginning in 2013. The BIS also issued proposals that would include a phase-out of these securities, although over a longer period. 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, subject to prevailing U.S. capital standards. The BIS has also proposed adjustments to definitions of capital, including what is to be included in its definition of common equity, and to risk weightings applied to certain types of assets. We do not currently expect these adjustments to negatively affect Fifth Third’s capital levels and for any effect to be modest.

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 in U.S. bank capital regulations reflecting changes to BIS capital rules, and our goals for capital levels and capital composition as appropriate given any changes in rules.

Book value per share at September 30, 2010 was $12.86 and tangible book value per share was $9.74, compared with June 30, 2010 book value per share of $12.65 and tangible book value per share of $9.51.

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, November 4^th by dialing 800-642-1687 for domestic access and 706-645-9291 for international access (passcode 12721102#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of September 30, 2010, the Company had $112 billion in assets and operated 16 affiliates with 1,309 full-service Banking Centers, including 101 Bank Mart^® locations open seven days a week inside select grocery stores and 2,390 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,

17

as of September 30, 2010, had $190 billion in assets under care, of which it managed $26 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 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.

# # #

18

Quarterly Financial Review for September 30, 2010

Table of Contents

Financial Highlights	20-21
Consolidated Statements of Income	22
Consolidated Statements of Income (Taxable Equivalent)	23
Consolidated Balance Sheets	24-25
Consolidated Statements of Changes in Shareholders’ Equity	26
Average Balance Sheet and Yield Analysis	27-29
Summary of Loans and Leases	30
Regulatory Capital	31
Summary of Credit Loss Experience	32
Asset Quality	33
Regulation G Non-GAAP Reconciliation	34
Segment Presentation	35

19

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended									% Change						Year to Date						% Change
	September 2010			June 2010			September 2009			Seq			Yr/Yr			September 2010			September 2009			Yr/Yr
Income Statement Data
Net interest income (a)	$	916		$	887		$	874			3	%		5	%	$	2,703		$	2,491			9	%
Noninterest income		827			620			851			33	%		(3	%)		2,074			4,130			(50	%)
Total revenue (a)		1,743			1,507			1,725			16	%		1	%		4,777			6,621			(28	%)
Provision for loan and lease losses		457			325			952			40	%		(52	%)		1,372			2,766			(50	%)
Noninterest expense		979			935			876			5	%		12	%		2,869			2,859			—
Net income (loss) attributable to Bancorp		238			192			(97	)		24	%		NM			420			835			(50	%)
Net income (loss) available to common shareholders		175			130			(159	)		35	%		NM			233			670			(65	%)
Common Share Data
Earnings per share, basic	$	0.22		$	0.16		($	0.20	)		38	%		NM		$	0.29		$	1.00			(71	%)
Earnings per share, diluted		0.22			0.16			(0.20	)		38	%		NM			0.29			0.91			(68	%)
Cash dividends per common share		0.01			0.01			0.01			—			—			0.03			0.03			—
Book value per share		12.86			12.65			12.69			2	%		1	%		12.86			12.69			1	%
Market price per share		12.03			12.29			10.13			(2	%)		19	%		12.03			10.13			19	%
Common shares outstanding (in thousands)		796,283			796,320			795,316			—			—			796,283			795,316			—
Average common shares outstanding (in thousands):
Basic		791,017			790,839			790,334			—			—			790,778			664,778			19	%
Diluted		797,492			802,255			790,334			(1	%)		1	%		798,942			739,287			8	%
Market capitalization	$	9,579		$	9,787		$	8,057			(2	%)		19	%	$	9,579		$	8,057			19	%
Financial Ratios
Return on assets		0.84	%		0.68	%		(0.34	%)		24	%		NM			0.50	%		0.96	%		(48	%)
Return on average common equity		6.8	%		5.2	%		(6.1	%)		31	%		NM			3.1	%		10.1	%		(69	%)
Noninterest income as a percent of total revenue		47	%		41	%		49	%		15	%		(4	%)		43	%		62	%		(31	%)
Average equity as a percent of average assets		12.38	%		12.04	%		12.24	%		3	%		1	%		12.12	%		11.06	%		10	%
Tangible equity (b) (d)		10.04	%		9.89	%		10.08	%		2	%		—			10.04	%		10.08	%		—
Tangible common equity (c) (d)		6.70	%		6.55	%		6.74	%		2	%		(1	%)		6.70	%		6.74	%		(1	%)
Net interest margin (a)		3.70	%		3.57	%		3.43	%		4	%		8	%		3.63	%		3.25	%		12	%
Efficiency (a)		56.2	%		62.1	%		50.8	%		(10	%)		11	%		60.1	%		43.2	%		39	%
Effective tax rate		21.5	%		20.5	%		10.2	%		5	%		111	%		19.7	%		14.9	%		32	%
Credit Quality
Net losses charged off	$	956		$	434		$	756			120	%		26	%	$	1,972		$	1,872			5	%
Net losses charged off as a percent of average loans and leases		4.95	%		2.26	%		3.75	%		119	%		32	%		3.41	%		3.06	%		11	%
Allowance for loan and lease losses as a percent of loans and leases		4.20	%		4.85	%		4.69	%		(13	%)		(10	%)		4.20	%		4.69	%		(10	%)
Allowance for credit losses as a percent of loans and leases		4.51	%		5.18	%		5.06	%		(13	%)		(11	%)		4.51	%		5.06	%		(11	%)
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		2.72	%		3.87	%		4.09	%		(30	%)		(33	%)		2.72	%		4.09	%		(33	%)
Average Balances
Loans and leases, including held for sale	$	78,854		$	78,807		$	82,889			—			(5	%)	$	79,262		$	84,559			(6	%)
Total securities and other short-term investments		19,309			20,891			18,064			(8	%)		7	%		20,248			17,889			13	%
Total assets		111,854			112,613			113,453			(1	%)		(1	%)		112,628			115,985			(3	%)
Transaction deposits (f)		64,941			65,508			55,607			(1	%)		17	%		64,887			54,034			20	%
Core deposits (g)		75,202			76,844			69,871			(2	%)		8	%		76,099			68,492			11	%
Wholesale funding (h)		19,236			18,977			25,947			1	%		(26	%)		19,473			30,707			(37	%)
Bancorp shareholders’ equity		13,872			13,563			13,885			2	%		—			13,652			12,826			6	%
Regulatory Capital Ratios (i)
Tier I capital		13.85	%		13.65	%		13.19	%		1	%		5	%		13.85	%		13.19	%		5	%
Total risk-based capital		18.28	%		17.99	%		17.43	%		2	%		5	%		18.28	%		17.43	%		5	%
Tier I leverage		12.54	%		12.24	%		12.34	%		2	%		2	%		12.54	%		12.34	%		2	%
Tier I common equity (d)		7.34	%		7.17	%		7.01	%		2	%		5	%		7.34	%		7.01	%		5	%
Operations
Banking centers		1,309			1,309			1,306			—			—			1,309			1,306			—
ATMs		2,390			2,362			2,372			1	%		1	%		2,390			2,372			1	%
Full-time equivalent employees		20,667			20,479			20,559			1	%		1	%		20,667			20,559			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

20

Fifth Third Bancorp and Subsidiaries

Financial Highlights

$ in millions, except per share data

(unaudited)

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Income Statement Data
Net interest income (a)	$	916		$	887		$	901		$	883		$	874
Noninterest income		827			620			627			651			851
Total revenue (a)		1,743			1,507			1,528			1,534			1,725
Provision for loan and lease losses		457			325			590			776			952
Noninterest expense		979			935			956			967			876
Net income (loss) attributable to Bancorp		238			192			(10	)		(98	)		(97	)
Net income (loss) available to common shareholders		175			130			(72	)		(160	)		(159	)
Common Share Data
Earnings per share, basic	$	0.22		$	0.16		($	0.09	)	($	0.20	)	($	0.20	)
Earnings per share, diluted		0.22			0.16			(0.09	)		(0.20	)		(0.20	)
Cash dividends per common share		0.01			0.01			0.01			0.01			0.01
Book value per share		12.86			12.65			12.31			12.44			12.69
Market price per share		12.03			12.29			13.56			9.75			10.13
Common shares outstanding (in thousands)		796,283			796,320			794,816			795,068			795,316
Average common shares outstanding (in thousands):
Basic		791,017			790,839			790,473			790,442			790,334
Diluted		797,492			802,255			790,473			790,442			790,334
Market capitalization	$	9,579		$	9,787		$	10,778		$	7,752		$	8,057
Financial Ratios
Return on assets		0.84	%		0.68	%		(0.04	%)		(0.35	%)		(0.34	%)
Return on average common equity		6.8	%		5.2	%		(3.0	%)		(6.3	%)		(6.1	%)
Noninterest income as a percent of total revenue		47	%		41	%		41	%		42	%		49	%
Average equity as a percent of average assets		12.38	%		12.04	%		11.92	%		12.31	%		12.24	%
Tangible equity (b) (d)		10.04	%		9.89	%		9.67	%		9.71	%		10.08	%
Tangible common equity (c) (d)		6.70	%		6.55	%		6.37	%		6.45	%		6.74	%
Net interest margin (a)		3.70	%		3.57	%		3.63	%		3.55	%		3.43	%
Efficiency (a)		56.2	%		62.1	%		62.5	%		63.1	%		50.8	%
Effective tax rate		21.5	%		20.5	%		53.0	%		54.4	%		10.2	%
Credit Quality
Net losses charged off	$	956		$	434		$	582		$	708		$	756
Net losses charged off as a percent of average loans and leases		4.95	%		2.26	%		3.01	%		3.62	%		3.75	%
Allowance for loan and lease losses as a percent of loans and leases		4.20	%		4.85	%		4.91	%		4.88	%		4.69	%
Allowance for credit losses as a percent of loans and leases		4.51	%		5.18	%		5.25	%		5.27	%		5.06	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		2.72	%		3.87	%		4.02	%		4.22	%		4.09	%
Average Balances
Loans and leases, including held for sale	$	78,854		$	78,807		$	80,136		$	79,920		$	82,889
Total securities and other short-term investments		19,309			20,891			20,559			18,869			18,064
Total assets		111,854			112,613			113,433			111,505			113,453
Transaction deposits (f)		64,941			65,508			64,203			58,796			55,607
Core deposits (g)		75,202			76,844			76,262			71,845			69,871
Wholesale funding (h)		19,236			18,977			20,215			22,107			25,947
Bancorp shareholders’ equity		13,872			13,563			13,518			13,724			13,885
Regulatory Capital Ratios (i)
Tier I capital		13.85	%		13.65	%		13.39	%		13.31	%		13.19	%
Total risk-based capital		18.28	%		17.99	%		17.54	%		17.48	%		17.43	%
Tier I leverage		12.54	%		12.24	%		12.00	%		12.34	%		12.34	%
Tier I common equity (d)		7.34	%		7.17	%		6.96	%		6.99	%		7.01	%
Operations
Banking centers		1,309			1,309			1,309			1,309			1,306
ATMs		2,390			2,362			2,364			2,358			2,372
Full-time equivalent employees		20,667			20,479			20,038			20,998			20,559

(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

21

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income

$ in millions

(unaudited)

	For the Three Months Ended							% Change						Year to Date					% Change
	September 2010		June 2010		September 2009			Seq			Yr/Yr			September 2010		September 2009			Yr/Yr
Interest Income
Interest and fees on loans and leases	$	962	$	951	$	986			1	%		(2	%)	$	2,872	$	2,977			(4	%)
Interest on securities		161		163		183			(1	%)		(12	%)		506		547			(7	%)
Interest on other short-term investments		3		2		—			47	%		NM			7		1			NM
Total interest income		1,126		1,116		1,169			1	%		(4	%)		3,385		3,525			(4	%)
Interest Expense
Interest on deposits		141		161		228			(13	%)		(38	%)		473		759			(38	%)
Interest on short-term borrowings		1		1		4			23	%		(75	%)		3		41			(93	%)
Interest on long-term debt		72		72		68			1	%		6	%		219		249			(12	%)
Total interest expense		214		234		300			(9	%)		(29	%)		695		1,049			(34	%)
Net Interest Income		912		882		869			3	%		5	%		2,690		2,476			9	%
Provision for loan and lease losses		457		325		952			40	%		(52	%)		1,372		2,766			(50	%)
Net interest income (loss) after provision for loan and lease losses		455		557		(83	)		(18	%)		NM			1,318		(290	)		NM
Noninterest Income
Service charges on deposits		143		149		164			(4	%)		(13	%)		435		472			(8	%)
Corporate banking revenue		86		93		77			(8	%)		11	%		260		283			(8	%)
Mortgage banking net revenue		232		114		140			104	%		66	%		498		421			18	%
Investment advisory revenue		90		87		82			4	%		10	%		267		240			11	%
Card and processing revenue		77		84		74			(9	%)		5	%		235		539			(56	%)
Gain on sale of processing business		—		—		(6	)		NM			100	%		—		1,758			(100	%)
Other noninterest income		195		85		312			128	%		(38	%)		354		372			(5	%)
Securities gains (losses), net		4		8		8			(50	%)		(50	%)		25		(12	)		NM
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—			(4	%)		NM			—		57			(99	%)
Total noninterest income		827		620		851			33	%		(3	%)		2,074		4,130			(50	%)
Noninterest Expense
Salaries, wages and incentives		360		356		335			1	%		8	%		1,046		1,008			4	%
Employee benefits		82		73		83			13	%		(1	%)		241		241			—
Net occupancy expense		72		73		75			(1	%)		(3	%)		222		233			(5	%)
Technology and communications		48		45		43			6	%		10	%		138		133			3	%
Equipment expense		30		31		30			(2	%)		1	%		91		92			(2	%)
Card and processing expense		26		31		25			(19	%)		1	%		82		167			(51	%)
Other noninterest expense		361		326		285			11	%		27	%		1,049		985			6	%
Total noninterest expense		979		935		876			5	%		12	%		2,869		2,859			—
Income (loss) before income taxes		303		242		(108	)		25	%		NM			523		981			(47	%)
Applicable income taxes		65		50		(11	)		30	%		NM			103		146			(29	%)
Net Income (loss)		238		192		(97	)		24	%		NM			420		835			(50	%)
Less: Net income (loss) attributable to noncontrolling interest		—		—		—			NM			NM			—		—			NM
Net income (loss) attributable to Bancorp		238		192		(97	)		24	%		NM			420		835			(50	%)
Dividends on preferred stock		63		62		62			2	%		2	%		187		165			13	%
Net income (loss) available to common shareholders	$	175	$	130	($	159	)		35	%		NM		$	233	$	670			(65	%)

22

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	September 2010		June 2010		March 2010			December 2009			September 2009
Interest Income
Interest and fees on loans and leases	$	962	$	951	$	960		$	957		$	986
Interest on securities		161		163		182			186			183
Interest on other short-term investments		3		2		1			—			—
Total interest income		1,126		1,116		1,143			1,143			1,169
Taxable equivalent adjustment		4		5		4			5			5
Total interest income (taxable equivalent)		1,130		1,121		1,147			1,148			1,174
Interest Expense
Interest on deposits		141		161		171			194			228
Interest on short-term borrowings		1		1		1			2			4
Interest on long-term debt		72		72		74			69			68
Total interest expense		214		234		246			265			300
Net interest income (taxable equivalent)		916		887		901			883			874
Provision for loan and lease losses		457		325		590			776			952
Net interest income (loss) (taxable equivalent) after provision for loan and lease losses		459		562		311			107			(78	)
Noninterest Income
Service charges on deposits		143		149		142			159			164
Corporate banking revenue		86		93		81			89			77
Mortgage banking net revenue		232		114		152			132			140
Investment advisory revenue		90		87		91			86			82
Card and processing revenue		77		84		73			76			74
Gain on sale of processing business		—		—		—			—			(6	)
Other noninterest income		195		85		74			107			312
Securities gains (losses), net		4		8		14			2			8
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—			—			—
Total noninterest income		827		620		627			651			851
Noninterest Expense
Salaries, wages and incentives		360		356		329			331			335
Employee benefits		82		73		86			69			83
Net occupancy expense		72		73		76			75			75
Technology and communications		48		45		45			47			43
Equipment expense		30		31		30			31			30
Card and processing expense		26		31		25			27			25
Other noninterest expense		361		326		365			387			285
Total noninterest expense		979		935		956			967			876
Income (loss) before income taxes (taxable equivalent)		307		247		(18	)		(209	)		(103	)
Taxable equivalent adjustment		4		5		4			5			5
Income (loss) before income taxes		303		242		(22	)		(214	)		(108	)
Applicable income taxes		65		50		(12	)		(116	)		(11	)
Net Income (loss)		238		192		(10	)		(98	)		(97	)
Less: Net Income (loss) attributable to noncontrolling interest		—		—		—			—			—
Net income (loss) attributable to Bancorp		238		192		(10	)		(98	)		(97	)
Dividends on preferred stock		63		62		62			62			62
Net income (loss) available to common shareholders	$	175	$	130	($	72	)	($	160	)	($	159	)

23

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	September 2010			June 2010			September 2009			Seq			Yr/Yr
Assets
Cash and due from banks	$	2,215		$	2,216		$	2,130			—			4	%
Available-for-sale and other securities (a)		15,975			16,021			15,682			—			2	%
Held-to-maturity securities (b)		354			354			356			—			(1	%)
Trading securities		320			270			1,079			18	%		(70	%)
Other short-term investments		3,271			4,322			1,126			(24	%)		190	%
Loans held for sale		2,733			2,150			2,063			27	%		32	%
Portfolio loans and leases:
Commercial and industrial loans		26,302			26,008			26,175			1	%		—
Commercial mortgage loans		10,985			11,481			12,105			(4	%)		(9	%)
Commercial construction loans		2,349			2,965			4,147			(21	%)		(43	%)
Commercial leases		3,304			3,271			3,584			1	%		(8	%)
Residential mortgage loans		7,975			7,707			8,229			3	%		(3	%)
Home equity		11,774			11,987			12,377			(2	%)		(5	%)
Automobile loans		10,738			10,285			8,972			4	%		20	%
Credit card		1,832			1,841			1,973			—			(7	%)
Other consumer loans and leases		750			687			857			9	%		(12	%)
Portfolio loans and leases		76,009			76,232			78,419			—			(3	%)
Allowance for loan and lease losses		(3,194	)		(3,693	)		(3,681	)		(14	%)		(13	%)
Portfolio loans and leases, net		72,815			72,539			74,738			—			(3	%)
Bank premises and equipment		2,377			2,374			2,426			—			(2	%)
Operating lease equipment		470			489			486			(4	%)		(3	%)
Goodwill		2,417			2,417			2,417			—			—
Intangible assets		72			83			119			(12	%)		(39	%)
Servicing rights		599			646			626			(7	%)		(4	%)
Other assets		8,704			8,144			7,492			7	%		16	%
Total assets	$	112,322		$	112,025		$	110,740			—			1	%
Liabilities
Deposits:
Demand	$	20,109		$	19,256		$	17,666			4	%		14	%
Interest checking		17,225			17,759			15,168			(3	%)		14	%
Savings		20,260			19,646			17,098			3	%		18	%
Money market		5,064			4,666			4,378			9	%		16	%
Foreign office		3,807			3,430			2,356			11	%		62	%
Other time		9,379			10,966			13,725			(14	%)		(32	%)
Certificates - $100,000 and over		5,515			6,389			8,962			(14	%)		(38	%)
Other		3			3			5			(1	%)		(40	%)
Total deposits		81,362			82,115			79,358			(1	%)		3	%
Federal funds purchased		368			240			433			54	%		(15	%)
Other short-term borrowings		1,775			1,556			3,674			14	%		(52	%)
Accrued taxes, interest and expenses		869			721			878			21	%		(1	%)
Other liabilities		3,082			2,703			2,547			14	%		21	%
Long-term debt		10,953			10,989			10,162			—			8	%
Total liabilities		98,409			98,324			97,052			—			1	%
Equity
Common stock		1,779			1,779			1,779			—			—
Preferred stock		3,642			3,631			3,599			—			1	%
Capital surplus		1,707			1,696			1,729			1	%		(1	%)
Retained earnings		6,456			6,289			6,496			3	%		(1	%)
Accumulated other comprehensive income		432			440			285			(2	%)		52	%
Treasury stock		(132	)		(134	)		(200	)		(1	%)		(34	%)
Total Bancorp shareholders’ equity		13,884			13,701			13,688			1	%		1	%
Noncontrolling interest		29			—			—			NM			NM
Total Equity		13,913			13,701			13,688			2	%		2	%
Total liabilities and equity	$	112,322		$	112,025		$	110,740			—			1	%
(a) Amortized cost	$	15,308		$	15,356		$	15,260			—			—
(b) Market values		354			354			356			—			(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		796,283			796,320			795,316			—			—
Treasury		5,221			5,184			6,188			1	%		(16	%)

24

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	September 2010			June 2010			March 2010			December 2009			September 2009
Assets
Cash and due from banks	$	2,215		$	2,216		$	2,133		$	2,318		$	2,130
Available-for-sale and other securities (a)		15,975			16,021			16,935			18,213			15,682
Held-to-maturity securities (b)		354			354			355			355			356
Trading securities		320			270			305			355			1,079
Other short-term investments		3,271			4,322			3,904			3,369			1,126
Loans held for sale		2,733			2,150			1,607			2,067			2,063
Portfolio loans and leases:
Commercial and industrial loans		26,302			26,008			26,131			25,683			26,175
Commercial mortgage loans		10,985			11,481			11,744			11,803			12,105
Commercial construction loans		2,349			2,965			3,277			3,784			4,147
Commercial leases		3,304			3,271			3,388			3,535			3,584
Residential mortgage loans		7,975			7,707			7,918			8,035			8,229
Home equity		11,774			11,987			12,186			12,174			12,377
Automobile loans		10,738			10,285			10,180			8,995			8,972
Credit card		1,832			1,841			1,863			1,990			1,973
Other consumer loans and leases		750			687			736			780			857
Portfolio loans and leases		76,009			76,232			77,423			76,779			78,419
Allowance for loan and lease losses		(3,194	)		(3,693	)		(3,802	)		(3,749	)		(3,681	)
Portfolio loans and leases, net		72,815			72,539			73,621			73,030			74,738
Bank premises and equipment		2,377			2,374			2,384			2,400			2,426
Operating lease equipment		470			489			492			499			486
Goodwill		2,417			2,417			2,417			2,417			2,417
Intangible assets		72			83			94			106			119
Servicing rights		599			646			725			700			626
Other assets		8,704			8,144			7,679			7,551			7,492
Total assets	$	112,322		$	112,025		$	112,651		$	113,380		$	110,740
Liabilities
Deposits:
Demand	$	20,109		$	19,256		$	19,482		$	19,411		$	17,666
Interest checking		17,225			17,759			19,126			19,935			15,168
Savings		20,260			19,646			19,099			17,898			17,098
Money market		5,064			4,666			4,782			4,431			4,378
Foreign office		3,807			3,430			2,844			2,454			2,356
Other time		9,379			10,966			11,643			12,466			13,725
Certificates - $100,000 and over		5,515			6,389			6,596			7,700			8,962
Other		3			3			2			10			5
Total deposits		81,362			82,115			83,574			84,305			79,358
Federal funds purchased		368			240			271			182			433
Other short-term borrowings		1,775			1,556			1,359			1,415			3,674
Accrued taxes, interest and expenses		869			721			633			773			878
Other liabilities		3,082			2,703			2,459			2,701			2,547
Long-term debt		10,953			10,989			10,947			10,507			10,162
Total liabilities		98,409			98,324			99,243			99,883			97,052
Equity
Common stock		1,779			1,779			1,779			1,779			1,779
Preferred stock		3,642			3,631			3,620			3,609			3,599
Capital surplus		1,707			1,696			1,753			1,743			1,729
Retained earnings		6,456			6,289			6,169			6,326			6,496
Accumulated other comprehensive income		432			440			288			241			285
Treasury stock		(132	)		(134	)		(201	)		(201	)		(200	)
Total Bancorp shareholders’ equity		13,884			13,701			13,408			13,497			13,688
Noncontrolling interest		29			—			—			—			—
Total Equity		13,913			13,701			13,408			13,497			13,688
Total liabilities and equity	$	112,322		$	112,025		$	112,651		$	113,380		$	110,740
(a) Amortized cost	$	15,308		$	15,356		$	16,523		$	17,879		$	15,260
(b) Market values		354			354			355			355			356
(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		796,283			796,320			794,816			795,068			795,316
Treasury		5,221			5,184			6,688			6,436			6,188

25

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Equity

$ in millions

(unaudited)

	For the Three Months Ended						Year to Date
	September 2010			September 2009			September 2010			September 2009
Total equity, beginning	$	13,701		$	13,700		$	13,497		$	12,077
Net income (loss) attributable to Bancorp		238			(97	)		420			835
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		2			117			217			159
Qualifying cash flow hedges		(11	)		13			(31	)		20
Change in accumulated other comprehensive income related to employee benefit plans		2			3			6			8
Comprehensive income		231			36			612			1,022
Cash dividends declared:
Common stock		(8	)		(8	)		(24	)		(21	)
Preferred stock		(52	)		(51	)		(154	)		(168	)
Issuance of common stock		—			—			—			986
Dividends on exchange of preferred stock		—			—			—			35
Exchange of preferred stock, Series G		—			—			—			(269	)
Stock-based awards exercised, including treasury shares issued		—			—			(4	)		1
Stock-based compensation expense		12			11			33			34
Impact of cumulative effect of change in accounting principle		—			—			(77	)		—
Change in corporate tax benefit related to stock-based compensation		—			—			—			(30	)
Reversal of OTTI		—			—			—			24
Noncontrolling interest		30			—			30			—
Other		(1	)		—			—			(3	)
Total equity, ending	$	13,913		$	13,688		$	13,913		$	13,688

26

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	September 2010			June 2010			September 2009			Seq			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,348		$	26,179		$	27,416			1	%		(4	%)
Commercial mortgage loans		11,462			11,772			12,449			(3	%)		(8	%)
Commercial construction loans		2,955			3,258			4,475			(9	%)		(34	%)
Commercial leases		3,257			3,336			3,522			(2	%)		(8	%)
Residential mortgage loans		9,897			9,390			10,820			5	%		(9	%)
Home equity		11,897			12,102			12,452			(2	%)		(4	%)
Automobile loans		10,517			10,170			8,871			3	%		19	%
Credit card		1,838			1,859			1,955			(1	%)		(6	%)
Other consumer loans and leases		683			741			929			(8	%)		(27	%)
Taxable securities		15,580			16,263			15,652			(4	%)		—
Tax exempt securities		273			343			1,443			(20	%)		(81	%)
Other short-term investments		3,456			4,285			969			(19	%)		257	%
Total interest-earning assets		98,163			99,698			100,953			(2	%)		(3	%)
Cash and due from banks		2,283			2,163			2,257			6	%		1	%
Other assets		15,088			14,550			13,724			4	%		10	%
Allowance for loan and lease losses		(3,680	)		(3,798	)		(3,481	)		(3	%)		6	%
Total assets	$	111,854		$	112,613		$	113,453			(1	%)		(1	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	17,142		$	18,652		$	14,869			(8	%)		15	%
Savings		19,905			19,446			16,967			2	%		17	%
Money market		4,940			4,679			4,280			6	%		15	%
Foreign office		3,592			3,325			2,432			8	%		48	%
Other time		10,261			11,336			14,264			(9	%)		(28	%)
Certificates - $100,000 and over		6,096			6,354			10,055			(4	%)		(39	%)
Other		4			5			95			(19	%)		(96	%)
Federal funds purchased		302			264			404			14	%		(25	%)
Other short-term borrowings		1,880			1,478			5,285			27	%		(64	%)
Long-term debt		10,954			10,876			10,108			1	%		8	%
Total interest-bearing liabilities		75,076			76,415			78,759			(2	%)		(5	%)
Demand deposits		19,362			19,406			17,059			—			14	%
Other liabilities		3,544			3,229			3,750			10	%		(5	%)
Total liabilities		97,982			99,050			99,568			(1	%)		(2	%)
Equity		13,872			13,563			13,885			2	%		—
Total liabilities and equity	$	111,854		$	112,613		$	113,453			(1	%)		(1	%)
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.81	%		4.75	%		4.36	%
Commercial mortgage loans		3.97	%		4.10	%		4.22	%
Commercial construction loans		3.06	%		3.15	%		2.74	%
Commercial leases		4.34	%		4.51	%		4.59	%
Residential mortgage loans		4.81	%		4.77	%		5.23	%
Home equity		3.99	%		4.01	%		4.10	%
Automobile loans		5.71	%		6.01	%		6.32	%
Credit card		10.70	%		10.91	%		9.87	%
Other consumer loans and leases		18.59	%		13.65	%		9.59	%
Total loans and leases		4.85	%		4.86	%		4.73	%
Taxable securities		4.06	%		3.96	%		4.55	%
Tax exempt securities		4.05	%		3.82	%		1.30	%
Other short-term investments		0.36	%		0.20	%		0.10	%
Total interest-earning assets		4.57	%		4.51	%		4.61	%
Interest-bearing liabilities:
Interest checking		0.29	%		0.30	%		0.24	%
Savings		0.48	%		0.60	%		0.67	%
Money market		0.39	%		0.42	%		0.55	%
Foreign office		0.38	%		0.36	%		0.43	%
Other time		2.57	%		2.70	%		3.24	%
Certificates - $100,000 and over		1.95	%		2.13	%		2.56	%
Other		0.09	%		0.10	%		0.19	%
Federal funds purchased		0.17	%		0.17	%		0.15	%
Other short-term borrowings		0.21	%		0.21	%		0.32	%
Long-term debt		2.61	%		2.64	%		2.67	%
Total interest-bearing liabilities		1.13	%		1.23	%		1.51	%
Ratios:
Net interest margin (taxable equivalent)		3.70	%		3.57	%		3.43	%
Net interest rate spread (taxable equivalent)		3.44	%		3.28	%		3.10	%
Interest-bearing liabilities to interest-earning assets		76.48	%		76.65	%		78.02	%

27

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	September 2010			September 2009			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,276		$	28,135			(7	%)
Commercial mortgage loans		11,689			12,641			(8	%)
Commercial construction loans		3,328			4,808			(31	%)
Commercial leases		3,353			3,532			(5	%)
Residential mortgage loans		9,590			11,137			(14	%)
Home equity		12,111			12,616			(4	%)
Automobile loans		10,292			8,751			18	%
Credit card		1,879			1,882			—
Other consumer loans and leases		744			1,057			(30	%)
Taxable securities		16,285			15,526			5	%
Tax exempt securities		333			1,364			(76	%)
Other short-term investments		3,630			999			263	%
Total interest-earning assets		99,510			102,448			(3	%)
Cash and due from banks		2,231			2,347			(5	%)
Other assets		14,636			14,327			2	%
Allowance for loan and lease losses		(3,749	)		(3,137	)		20	%
Total assets	$	112,628		$	115,985			(3	%)
Liabilities
Interest-bearing liabilities:
Interest checking	$	18,433		$	14,647			26	%
Savings		19,279			16,651			16	%
Money market		4,748			4,334			10	%
Foreign office		3,228			1,970			64	%
Other time		11,212			14,458			(22	%)
Certificates - $100,000 and over		6,496			11,098			(41	%)
Other		6			193			(97	%)
Federal funds purchased		262			548			(52	%)
Other short-term borrowings		1,604			7,620			(79	%)
Long-term debt		11,105			11,248			(1	%)
Total interest-bearing liabilities		76,373			82,767			(8	%)
Demand deposits		19,199			16,432			17	%
Other liabilities		3,404			3,960			(14	%)
Total liabilities		98,976			103,159			(4	%)
Equity		13,652			12,826			6	%
Total liabilities and equity	$	112,628		$	115,985			(3	%)
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.72	%		4.14	%
Commercial mortgage loans		4.09	%		4.41	%
Commercial construction loans		3.04	%		2.97	%
Commercial leases		4.46	%		4.13	%
Residential mortgage loans		4.92	%		5.64	%
Home equity		4.01	%		4.17	%
Automobile loans		5.98	%		6.36	%
Credit card		10.79	%		10.26	%
Other consumer loans and leases		14.54	%		7.64	%
Total loans and leases		4.86	%		4.72	%
Taxable securities		4.10	%		4.62	%
Tax exempt securities		3.82	%		1.38	%
Other short-term investments		0.25	%		0.15	%
Total interest-earning assets		4.57	%		4.62	%
Interest-bearing liabilities:
Interest checking		0.29	%		0.26	%
Savings		0.58	%		0.77	%
Money market		0.42	%		0.63	%
Foreign office		0.36	%		0.49	%
Other time		2.68	%		3.45	%
Certificates - $100,000 and over		2.08	%		2.81	%
Other		0.06	%		0.21	%
Federal funds purchased		0.16	%		0.22	%
Other short-term borrowings		0.22	%		0.70	%
Long-term debt		2.63	%		2.96	%
Total interest-bearing liabilities		1.22	%		1.69	%
Ratios:
Net interest margin (taxable equivalent)		3.63	%		3.25	%
Net interest rate spread (taxable equivalent)		3.35	%		2.93	%
Interest-bearing liabilities to interest-earning assets		76.75	%		80.79	%

28

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Assets
Interest-earning assets:
Commercial and industrial loans	$	26,348		$	26,179		$	26,299		$	25,838		$	27,416
Commercial mortgage loans		11,462			11,772			11,836			12,126			12,449
Commercial construction loans		2,955			3,258			3,781			4,134			4,475
Commercial leases		3,257			3,336			3,468			3,574			3,522
Residential mortgage loans		9,897			9,390			9,478			10,142			10,820
Home equity		11,897			12,102			12,338			12,291			12,452
Automobile loans		10,517			10,170			10,185			8,973			8,871
Credit card		1,838			1,859			1,940			1,982			1,955
Other consumer loans and leases		683			741			811			860			929
Taxable securities		15,580			16,263			17,030			16,999			15,652
Tax exempt securities		273			343			385			727			1,443
Other short-term investments		3,456			4,285			3,144			1,143			969
Total interest-earning assets		98,163			99,698			100,695			98,789			100,953
Cash and due from banks		2,283			2,163			2,247			2,276			2,257
Other assets		15,088			14,550			14,262			14,084			13,724
Allowance for loan and lease losses		(3,680	)		(3,798	)		(3,771	)		(3,644	)		(3,481	)
Total assets	$	111,854		$	112,613		$	113,433		$	111,505		$	113,453
Liabilities
Interest-bearing liabilities:
Interest checking	$	17,142		$	18,652		$	19,533		$	16,324		$	14,869
Savings		19,905			19,446			18,469			17,540			16,967
Money market		4,940			4,679			4,622			4,279			4,280
Foreign office		3,592			3,325			2,757			2,516			2,432
Other time		10,261			11,336			12,059			13,049			14,264
Certificates - $100,000 and over		6,096			6,354			7,049			8,200			10,055
Other		4			5			8			51			95
Federal funds purchased		302			264			220			423			404
Other short-term borrowings		1,880			1,478			1,449			3,029			5,285
Long-term debt		10,954			10,876			11,489			10,404			10,108
Total interest-bearing liabilities		75,076			76,415			77,655			75,815			78,759
Demand deposits		19,362			19,406			18,822			18,137			17,059
Other liabilities		3,544			3,229			3,438			3,829			3,750
Total liabilities		97,982			99,050			99,915			97,781			99,568
Equity		13,872			13,563			13,518			13,724			13,885
Total liabilities and equity	$	111,854		$	112,613		$	113,433		$	111,505		$	113,453
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.81	%		4.75	%		4.61	%		4.48	%		4.36	%
Commercial mortgage loans		3.97	%		4.10	%		4.20	%		4.19	%		4.22	%
Commercial construction loans		3.06	%		3.15	%		2.92	%		2.65	%		2.74	%
Commercial leases		4.34	%		4.51	%		4.54	%		4.59	%		4.59	%
Residential mortgage loans		4.81	%		4.77	%		5.18	%		5.19	%		5.23	%
Home equity		3.99	%		4.01	%		4.02	%		4.06	%		4.10	%
Automobile loans		5.71	%		6.01	%		6.24	%		6.18	%		6.32	%
Credit card		10.70	%		10.91	%		10.76	%		9.66	%		9.87	%
Other consumer loans and leases		18.59	%		13.65	%		11.87	%		11.59	%		9.59	%
Total loans and leases		4.85	%		4.86	%		4.87	%		4.77	%		4.73	%
Taxable securities		4.06	%		3.96	%		4.28	%		4.24	%		4.55	%
Tax exempt securities		4.05	%		3.82	%		3.65	%		3.50	%		1.30	%
Other short-term investments		0.36	%		0.20	%		0.18	%		0.10	%		0.10	%
Total interest-earning assets		4.57	%		4.51	%		4.62	%		4.61	%		4.61	%
Interest-bearing liabilities:
Interest checking		0.29	%		0.30	%		0.28	%		0.27	%		0.24	%
Savings		0.48	%		0.60	%		0.67	%		0.70	%		0.67	%
Money market		0.39	%		0.42	%		0.46	%		0.51	%		0.55	%
Foreign office		0.38	%		0.36	%		0.34	%		0.36	%		0.43	%
Other time		2.57	%		2.70	%		2.75	%		2.95	%		3.24	%
Certificates - $100,000 and over		1.95	%		2.13	%		2.16	%		2.27	%		2.56	%
Other		0.09	%		0.10	%		0.02	%		0.09	%		0.19	%
Federal funds purchased		0.17	%		0.17	%		0.13	%		0.13	%		0.15	%
Other short-term borrowings		0.21	%		0.21	%		0.23	%		0.20	%		0.32	%
Long-term debt		2.61	%		2.64	%		2.64	%		2.65	%		2.67	%
Total interest-bearing liabilities		1.13	%		1.23	%		1.29	%		1.39	%		1.51	%
Ratios:
Net interest margin (taxable equivalent)		3.70	%		3.57	%		3.63	%		3.55	%		3.43	%
Net interest rate spread (taxable equivalent)		3.44	%		3.28	%		3.33	%		3.22	%		3.10	%
Interest-bearing liabilities to interest-earning assets		76.48	%		76.65	%		77.12	%		76.74	%		78.02	%

29

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	September 2010		June 2010		March 2010		December 2009		September 2009
Average Loans and Leases
Commercial:
Commercial and industrial loans	$	26,344	$	26,176	$	26,294	$	25,816	$	27,400
Commercial mortgage loans		11,375		11,659		11,708		11,981		12,269
Commercial construction loans		2,885		3,160		3,700		4,024		4,337
Commercial leases		3,257		3,336		3,467		3,574		3,522
Subtotal - commercial		43,861		44,331		45,169		45,395		47,528
Consumer:
Residential mortgage loans		7,837		7,805		7,976		8,129		8,355
Home equity		11,897		12,102		12,338		12,291		12,452
Automobile loans		10,517		10,170		10,185		8,973		8,871
Credit card		1,838		1,859		1,940		1,982		1,955
Other consumer loans and leases		667		706		773		831		899
Subtotal - consumer		32,756		32,642		33,212		32,206		32,532
Total average loans and leases (excluding held for sale)	$	76,617	$	76,973	$	78,381	$	77,601	$	80,060
Average loans held for sale		2,237		1,834		1,756		2,319		2,828
End of Period Loans and Leases
Commercial:
Commercial and industrial loans	$	26,302	$	26,008	$	26,131	$	25,683	$	26,175
Commercial mortgage loans		10,985		11,481		11,744		11,803		12,105
Commercial construction loans		2,349		2,965		3,277		3,784		4,147
Commercial leases		3,304		3,271		3,388		3,535		3,584
Subtotal - commercial		42,940		43,725		44,540		44,805		46,011
Consumer:
Residential mortgage loans		7,975		7,707		7,918		8,035		8,229
Home equity		11,774		11,987		12,186		12,174		12,377
Automobile loans		10,738		10,285		10,180		8,995		8,972
Credit card		1,832		1,841		1,863		1,990		1,973
Other consumer loans and leases		750		687		736		780		857
Subtotal - consumer		33,069		32,507		32,883		31,974		32,408
Total portfolio loans and leases	$	76,009	$	76,232	$	77,423	$	76,779	$	78,419
Core business activity		2,034		1,983		1,364		1,851		1,775
Portfolio management activity		699		167		243		216		288
Total loans held for sale		2,733		2,150		1,607		2,067		2,063
Operating lease equipment		470		489		492		499		486
Loans and Leases Serviced for Others (a):
Commercial and industrial loans		452		492		503		1,193		1,367
Commercial mortgage loans		335		315		291		264		256
Commercial construction loans		55		43		134		196		196
Commercial leases		133		143		146		150		149
Residential mortgage loans		52,433		51,325		50,293		48,638		46,837
Home equity		—		—		—		263		266
Automobile loans		—		—		—		1,230		1,394
Credit card		—		—		—		15		15
Other consumer loans and leases		—		—		—		7		7
Total loans and leases serviced for others		53,408		52,318		51,367		51,956		50,487
Total loans and leases serviced	$	132,620	$	131,189	$	130,889	$	131,301	$	131,455

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

30

Fifth Third Bancorp and Subsidiaries

Regulatory Capital (a)

$ in millions

(unaudited)

	As of
	September 2010			June 2010			March 2010			December 2009			September 2009
Tier I capital:
Bancorp shareholders’ equity	$	13,884		$	13,701		$	13,408		$	13,497		$	13,688
Goodwill and certain other intangibles		(2,525	)		(2,537	)		(2,556	)		(2,565	)		(2,559	)
Unrealized (gains) losses		(434	)		(440	)		(288	)		(240	)		(285	)
Qualifying trust preferred securities		2,763			2,763			2,763			2,763			2,763
Other		8			(25	)		(30	)		(27	)		(33	)
Total tier I capital	$	13,696		$	13,462		$	13,297		$	13,428		$	13,574
Total risk-based capital:
Tier I capital	$	13,696		$	13,462		$	13,297		$	13,428		$	13,574
Qualifying allowance for credit losses		1,265			1,267			1,277			1,297			1,308
Qualifying subordinated notes		3,114			3,012			2,843			2,923			3,044
Total risk-based capital	$	18,075		$	17,741		$	17,417		$	17,648		$	17,926
Risk-weighted assets (b)	$	98,904		$	98,604		$	99,281		$	100,933		$	102,875
Ratios:
Average shareholders’ equity to average assets		12.38	%		12.04	%		11.92	%		12.31	%		12.24	%
Regulatory capital:
Fifth Third Bancorp
Tier I capital		13.85	%		13.65	%		13.39	%		13.31	%		13.19	%
Total risk-based capital		18.28	%		17.99	%		17.54	%		17.48	%		17.43	%
Tier I leverage		12.54	%		12.24	%		12.00	%		12.34	%		12.34	%
Tier I common equity		7.34	%		7.17	%		6.96	%		6.99	%		7.01	%
Fifth Third Bank
Tier I capital		14.48	%		14.23	%		13.88	%		13.50	%		13.41	%
Total risk-based capital		16.49	%		16.24	%		15.88	%		15.56	%		15.47	%
Tier I leverage		13.10	%		12.75	%		12.41	%		12.69	%		12.76	%
Tier I common equity		14.48	%		14.23	%		13.88	%		13.50	%		13.41	%

(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.

31

Fifth Third Bancorp and Subsidiaries

Summary of Credit Loss Experience

$ in millions

(unaudited)

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Average loans and leases (excluding held for sale):
Commercial and industrial loans	$	26,344		$	26,176		$	26,294		$	25,816		$	27,400
Commercial mortgage loans		11,375			11,659			11,708			11,981			12,269
Commercial construction loans		2,885			3,160			3,700			4,024			4,337
Commercial leases		3,257			3,336			3,467			3,574			3,522
Residential mortgage loans		7,837			7,805			7,976			8,129			8,355
Home equity		11,897			12,102			12,338			12,291			12,452
Automobile loans		10,517			10,170			10,185			8,973			8,871
Credit card		1,838			1,859			1,940			1,982			1,955
Other consumer loans and leases		667			706			773			831			899
Total average loans and leases (excluding held for sale)	$	76,617		$	76,973		$	78,381		$	77,601		$	80,060
Losses charged off:
Commercial and industrial loans	($	247	)	($	111	)	($	175	)	($	197	)	($	271	)
Commercial mortgage loans		(271	)		(85	)		(102	)		(144	)		(124	)
Commercial construction loans		(126	)		(45	)		(80	)		(134	)		(130	)
Commercial leases		(1	)		(1	)		(4	)		(11	)		—
Residential mortgage loans		(205	)		(85	)		(88	)		(78	)		(92	)
Home equity		(69	)		(64	)		(75	)		(85	)		(82	)
Automobile loans		(27	)		(32	)		(44	)		(41	)		(44	)
Credit card		(38	)		(44	)		(46	)		(46	)		(47	)
Other consumer loans and leases		(8	)		(5	)		(8	)		(7	)		(6	)
Total losses		(992	)		(472	)		(622	)		(743	)		(796	)
Recoveries of losses previously charged off:
Commercial and industrial loans		10			7			14			14			15
Commercial mortgage loans		3			7			3			2			6
Commercial construction loans		5			2			2			(1	)		4
Commercial leases		—			1			—			3			—
Residential mortgage loans		1			—			—			—			—
Home equity		3			3			2			3			2
Automobile loans		10			12			13			9			10
Credit card		2			2			2			2			2
Other consumer loans and leases		2			4			4			3			1
Total recoveries		36			38			40			35			40
Net losses charged off:
Commercial and industrial loans		(237	)		(104	)		(161	)		(183	)		(256	)
Commercial mortgage loans		(268	)		(78	)		(99	)		(142	)		(118	)
Commercial construction loans		(121	)		(43	)		(78	)		(135	)		(126	)
Commercial leases		(1	)		—			(4	)		(8	)		—
Residential mortgage loans		(204	)		(85	)		(88	)		(78	)		(92	)
Home equity		(66	)		(61	)		(73	)		(82	)		(80	)
Automobile loans		(17	)		(20	)		(31	)		(32	)		(34	)
Credit card		(36	)		(42	)		(44	)		(44	)		(45	)
Other consumer loans and leases		(6	)		(1	)		(4	)		(4	)		(5	)
Total net losses charged off	($	956	)	($	434	)	($	582	)	($	708	)	($	756	)
Net charge-off Ratios:
Commercial and industrial loans		3.57	%		1.58	%		2.49	%		2.81	%		3.70	%
Commercial mortgage loans		9.34	%		2.68	%		3.42	%		4.69	%		3.82	%
Commercial construction loans		16.58	%		5.46	%		8.57	%		13.28	%		11.56	%
Commercial leases		0.10	%		(0.01	%)		0.44	%		0.88	%		(0.04	%)
Residential mortgage loans		10.37	%		4.35	%		4.46	%		3.82	%		4.38	%
Home equity		2.19	%		2.03	%		2.38	%		2.65	%		2.54	%
Automobile loans		0.65	%		0.80	%		1.27	%		1.38	%		1.52	%
Credit card		7.68	%		9.05	%		9.23	%		8.81	%		9.08	%
Other consumer loans and leases		3.88	%		0.31	%		2.07	%		2.49	%		2.62	%
Total net charge-off ratio		4.95	%		2.26	%		3.01	%		3.62	%		3.75	%

32

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	3,693		$	3,802		$	3,749		$	3,681		$	3,485
Impact of change in accounting principle		—			—			45			—			—
Total net losses charged off		(956	)		(434	)		(582	)		(708	)		(756	)
Provision for loan and lease losses		457			325			590			776			952
Allowance for loan and lease losses, ending	$	3,194		$	3,693		$	3,802		$	3,749		$	3,681
Reserve for unfunded commitments, beginning	$	254		$	260		$	294		$	284		$	239
Impact of change in accounting principle		—			—			(43	)		—			—
Provision for unfunded commitments		(23	)		(6	)		9			10			45
Reserve for unfunded commitments, ending	$	231		$	254		$	260		$	294		$	284
Components of allowance for credit losses:
Allowance for loan and lease losses	$	3,194		$	3,693		$	3,802		$	3,749		$	3,681
Reserve for unfunded commitments		231			254			260			294			284
Total allowance for credit losses	$	3,425		$	3,947		$	4,062		$	4,043		$	3,965
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	525		$	731		$	746		$	734		$	752
Commercial mortgage loans		464			773			853			898			912
Commercial construction loans		211			383			479			646			697
Commercial leases		30			45			55			67			51
Residential mortgage loans		124			282			266			275			267
Home equity		23			21			23			21			24
Automobile loans		1			1			1			1			1
Other consumer loans and leases		—			—			—			—			—
Total nonaccrual portfolio loans and leases		1,378			2,236			2,423			2,642			2,704
Restructured loans and leases - commercial (non accrual)		31			48			39			47			18
Restructured loans and leases - consumer (non accrual)		175			246			271			258			225
Total nonperforming portfolio loans and leases		1,584			2,530			2,733			2,947			2,947
Repossessed personal property		29			16			21			22			22
Other real estate owned		469			423			375			275			251
Total nonperforming assets (a)		2,082			2,969			3,129			3,244			3,220
Nonaccrual loans held for sale		680			163			239			220			286
Restructured loans - commercial (non accrual) held for sale		19			4			4			4			2
Total nonperforming assets including loans held for sale	$	2,781		$	3,136		$	3,372		$	3,468		$	3,508
Restructured Consumer loans and leases (accrual)	$	1,652		$	1,561		$	1,480		$	1,392		$	1,280
Restructured Commercial loans and leases (accrual)	$	146		$	109		$	76		$	68			—
Ninety days past due loans and leases:
Commercial and industrial loans	$	29		$	48		$	63		$	118		$	256
Commercial mortgage loans		29			53			44			59			184
Commercial construction loans		5			37			9			17			168
Commercial leases		1			4			4			4			4
Residential mortgage loans		111			107			157			189			198
Home equity		87			90			89			99			104
Automobile loans		13			12			13			17			17
Credit card		42			46			57			64			60
Other consumer loans and leases		—			—			—			—			1
Total ninety days past due loans and leases	$	317		$	397		$	436		$	567		$	992
Ratios
Net losses charged off as a percent of average loans and leases		4.95	%		2.26	%		3.01	%		3.62	%		3.75	%
Allowance for loan and lease losses:
As a percent of loans and leases		4.20	%		4.85	%		4.91	%		4.88	%		4.69	%
As a percent of nonperforming loans and leases (a)		202	%		146	%		139	%		127	%		125	%
As a percent of nonperforming assets (a)		153	%		124	%		122	%		116	%		114	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		2.07	%		3.30	%		3.51	%		3.82	%		3.75	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		2.72	%		3.87	%		4.02	%		4.22	%		4.09	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		3.51	%		3.98	%		4.24	%		4.38	%		4.34	%

(a) Does not include nonaccrual loans held for sale

33

Fifth Third Bancorp and Subsidiaries

Regulation G, Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

	For the Three Months Ended
	September 2010			June 2010			March 2010			December 2009			September 2009
Total shareholders’ equity (U.S. GAAP)		13,884			13,701			13,408			13,497			13,688
Less:
Preferred stock		(3,642	)		(3,631	)		(3,620	)		(3,609	)		(3,599	)
Goodwill		(2,417	)		(2,417	)		(2,417	)		(2,417	)		(2,417	)
Intangible assets		(72	)		(83	)		(94	)		(106	)		(119	)
Tangible common equity, including unrealized gains / losses (a)		7,753			7,570			7,277			7,365			7,553
Less: Accumulated other comprehensive income / loss		(432	)		(440	)		(288	)		(241	)		(285	)
Tangible common equity, excluding unrealized gains / losses (b)		7,321			7,130			6,989			7,124			7,268
Add back: Preferred stock		3,642			3,631			3,620			3,609			3,599
Tangible equity (c)		10,963			10,761			10,609			10,733			10,867
Total assets (U.S. GAAP)		112,322			112,025			112,651			113,380			110,740
Less:
Goodwill		(2,417	)		(2,417	)		(2,417	)		(2,417	)		(2,417	)
Intangible assets		(72	)		(83	)		(94	)		(106	)		(119	)
Tangible assets, including unrealized gains / losses (d)		109,833			109,525			110,140			110,857			108,204
Less: Accumulated other comprehensive income / loss, before tax		(665	)		(677	)		(443	)		(370	)		(438	)
Tangible assets, excluding unrealized gains / losses (e)		109,168			108,848			109,697			110,487			107,766
Total shareholders’ equity (U.S. GAAP)		13,884			13,701			13,408			13,497			13,688
Goodwill and certain other intangibles		(2,525	)		(2,537	)		(2,556	)		(2,565	)		(2,559	)
Unrealized gains		(434	)		(440	)		(288	)		(241	)		(285	)
Qualifying trust preferred securities		2,763			2,763			2,763			2,763			2,763
Other		8			(25	)		(30	)		(26	)		(33	)
Tier I capital		13,696			13,462			13,297			13,428			13,574
Less:
Preferred stock		(3,642	)		(3,631	)		(3,620	)		(3,609	)		(3,599	)
Qualifying trust preferred securities		(2,763	)		(2,763	)		(2,763	)		(2,763	)		(2,763	)
Qualifying minority interest in consolidated subsidiaries		(30	)		—			—			—			—
Tier I common equity (f)		7,261			7,068			6,914			7,056			7,212
Common shares outstanding (g)		796			796			795			795			795
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (h)		98,904			98,604			99,281			100,933			102,875
Ratios:
Tangible equity (c) / (e)		10.04	%		9.89	%		9.67	%		9.71	%		10.08	%
Tangible common equity (excluding unrealized gains/losses) (b) / (e)		6.70	%		6.55	%		6.37	%		6.45	%		6.74	%
Tangible common equity (including unrealized gains/losses) (a) / (d)		7.06	%		6.91	%		6.61	%		6.64	%		6.98	%
Tangible common equity as a percent of risk-weighted assets
(excluding unrealized gains/losses) (b) / (h)		7.40	%		7.23	%		7.04	%		7.06	%		7.07	%
Tangible book value per share (a) / (g)		9.74			9.51			9.16			9.26			9.50
Tier I common equity (f) / (h)		7.34	%		7.17	%		6.96	%		6.99	%		7.01	%

34

Fifth Third Bancorp and Subsidiaries

Segment Presentation

$ in millions

(unaudited)

For the three months ended September 30, 2010	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		389			381			105			35			6			916
Provision for loan and lease losses		(559	)		(150	)		(235	)		(12	)		499			(457	)
Net interest income after provision for loan and lease losses		(170	)		231			(130	)		23			505			459
Total noninterest income		139			227			225			88			148			827
Total noninterest expense		(246	)		(387	)		(146	)		(101	)		(99	)		(979	)
Net income (loss) before taxes		(277	)		71			(51	)		10			554			307
Applicable income taxes (a)		132			(25	)		18			(4	)		(190	)		(69	)
Net income (loss)		(145	)		46			(33	)		6			364			238
Net income (loss) attributable to noncontrolling interest		—			—			—			—			—			—
Net income (loss) attributable to Bancorp		(145	)		46			(33	)		6			364			238
Dividends on preferred stock		—			—			—			—			63			63
Net income (loss) available to common shareholders		(145	)		46			(33	)		6			301			175
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)		352			397			114			40			(29	)		874
Provision for loan and lease losses		(448	)		(150	)		(142	)		(15	)		(197	)		(952	)
Net interest income after provision for loan and lease losses		(96	)		247			(28	)		25			(226	)		(78	)
Total noninterest income		115			230			147			84			275			851
Total noninterest expense		(245	)		(338	)		(115	)		(91	)		(87	)		(876	)
Net income (loss) before taxes		(226	)		139			4			18			(38	)		(103	)
Applicable income taxes (a)		102			(49	)		(2	)		(6	)		(39	)		6
Net income (loss)		(124	)		90			2			12			(77	)		(97	)
Dividends on preferred stock		—			—			—			—			62			62
Net income (loss) available to common shareholders		(124	)		90			2			12			(139	)		(159	)

(a) Includes taxable equivalent adjustments of $4 million for the three months ended September 30, 2010, $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.

35

EX-99.2

©

Fifth Third Bank | All Rights Reserved

3Q10 Earnings Conference Call

October 21, 2010

Please refer to earnings release dated October 21, 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

3Q10 in review

3Q10 credit actions driving further

improvement in credit trends

•

Sale or transfer to held-for-sale of $1.2B in loans: $228mm of consumer loans

and $961mm of commercial loans

•

Net charge-offs $956mm: $510mm on credit actions, $446mm otherwise

•

Compared with 2Q10, nonperforming assets (NPAs) declined 30% (flat before

the effect of 3Q credit actions) and nonperforming loans (NPLs) declined 38%

(down 2% before the effect of 3Q credit actions)

–

Total delinquencies down 10% sequentially (lowest level since 1Q07)

•

Provision expense of $457mm

–

~$337mm reserve reductions related to credit actions, ~$162mm reserve

reductions related to remainder of portfolio

•

Loan loss allowance of 4.20%; coverage 153% of NPAs

and 202% of NPLs

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 available to common shareholders of $175mm, or $0.22 per diluted

share

–

Includes $127mm pre-tax net impact of BOLI settlement and 3Q10 credit

actions described below

•

Pre-provision net revenue (PPNR)* of $760mm: $633mm excluding BOLI, driven

by strong NII growth and higher fees reflecting mortgage results

•

Return on average assets of 0.84%; return on average common equity of 6.8%

•

Strong

capital ratios: Tier 1 common 7.3%, Tier 1 ratio 13.9%, Total capital ratio

18.3%

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

4

©

Fifth Third Bank | All Rights Reserved

Actual

Seq.

YOY

($ in millions)

3Q09

2Q10

3Q10

$

%

$

%

Average Balances

Commercial loans

$47,528

$44,331

$43,861

($470)

(1%)

($3,667)

(8%)

Consumer loans

32,532

32,642

32,756

114

-

224

1%

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

$80,060

$76,973

$76,617

($356)

-

($3,443)

(4%)

Core deposits

$69,871

$76,844

$75,202

($1,643)

(2%)

$5,331

8%

Income Statement Data

Net interest income (taxable equivalent)

$874

$887

$916

$29

3%

$42

5%

Provision for loan and lease losses

952

325

457

132

40%

(495)

(52%)

Noninterest income

851

620

827

207

33%

(24)

(3%)

Noninterest expense

876

935

979

44

5%

103

12%

Net Income (loss)

($97)

$192

$238

$46

24%

$335

NM

Dividends on preferred stock

62

62

63

1

-

1

-

Diluted earnings after preferred dividends

($159)

$130

$175

$46

35%

$334

NM

Pre-provision net revenue

$844

$567

$760

$193

34%

($84)

(10%)

Earnings per share, diluted

($0.20)

$0.16

$0.22

$0.06

38%

$0.42

NM

Net interest margin

3.43%

3.57%

3.70%

13bps

4%

27bps

8%

Return on average assets

(0.34%)

0.68%

0.84%

16bps

24%

50bps

NM

Financial summary

•

3Q10 earnings per share of $0.22, up 38% sequentially, demonstrating strong operating results and continued improvement

–

PPNR of $760mm increased 34% from 2Q10 due to strong mortgage banking net revenue and BOLI settlement

•

Strong net interest income and net interest margin performance

–

Average portfolio loans flat sequentially, with improved trends in C&I and consumer portfolios indicating favorable

production and loan balance trends

–

Average

core

deposits

up

8%

year-over-year;

down

2%

sequentially,

reflecting

lower

CD

and

public

funds

balances

•

3Q10 credit actions (sale or transfer to held-for-sale of $1.2B in loans) reduced pre-tax income by ~$175mm through higher

provision expense

5

©

Fifth Third Bank | All Rights Reserved

Net interest income

1.0%

2.0%

3.0%

4.0%

5.0%

3Q09

4Q09

1Q10

2Q10

3Q10

0

100

200

300

400

Spread (right axis)

Asset yield

Liability rate

NII and NIM (FTE)

•

Sequential trends in net interest income and net

interest margin (FTE) reflect CD runoff and

repricing, lower securities premium amortization,

and a mix shift towards higher-yielding loans

–

NII up $29 million, or 3%, sequentially and

up $42 million, or 5%, year-over-year

–

NIM up 13 bps sequentially and 27 bps

year-over-year

(bps)

* Represents purchase accounting adjustments included in net interest income.

Yields and rates

($mm)

•

Yield on interest-earning assets up 6 bps

sequentially and down 4 bps year-over-year

–

Average loan and lease yield down 1 bp

sequentially and up 12 bps versus prior year

•

Cost of interest-bearing liabilities down 10 bps

sequentially and down 38 bps versus prior year

3.43%

3.55%

3.63%

3.57%

3.70%

2.0%

2.5%

3.0%

3.5%

4.0%

3Q09

4Q09

1Q10

2Q10

3Q10

$450

$550

$650

$750

$850

$950

Net Interest Income (right axis)

PAA*

NIM

$901

$883

$874

$887

$916

6

©

Fifth Third Bank | All Rights Reserved

Balance sheet

48

45

45

44

44

33

32

33

33

33

3Q09

4Q09

1Q10

2Q10

3Q10

Commercial Loans

Consumer Loans

77

17

18

19

19

19

36

38

43

43

42

17

16

15

15

14

3Q09

4Q09

1Q10

2Q10

3Q10

Demand

IBT/Savings/MMDA

Consumer CD/Core foreign

•

Extended $22 billion of new and renewed credit in 3Q10

•

C&I loans up 1% sequentially largely due to higher originations of ~$1.1

billion per month during the quarter

•

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

•

Consumer loans flat sequentially and up 1% from the previous year

•

Warehoused residential mortgage loans held-for-sale were $2.1 billion at

quarter end

Flat QoQ;  (4%) YoY

(2%) QoQ; +8% YoY

•

Core deposit to loan ratio of 98%, up from 87% in 3Q09

•

DDAs

flat sequentially and up 14% year-over-year

•

Retail average transaction deposits up 1% sequentially and 13% from the

previous year, driven by growth in savings, demand deposit, and money

market account balances

•

Commercial average transaction deposits down 4% sequentially, driven by

$1.2B decline in public funds balances

Average loan growth ($B)^

Average core deposit growth ($B)

80

78

78

70

72

76

Average wholesale funding ($B)

26

20

22

•

Reduced wholesale funding by $6.7 billion from the third quarter

of 2009

–

Non-core deposits down 4% sequentially and 40% from the previous year

–

Short term borrowings up 25% sequentially, although still very low levels,

and down 62% from the previous year

–

Long-term debt up 1% sequentially and 8% from the previous year

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

77

77

19

19

75

10

8

7

6

6

6

4

2

2

2

10

10

11

11

11

3Q09

4Q09

1Q10

2Q10

3Q10

Non-core deposits

ST borrowings

LT debt

7

©

Fifth Third Bank | All Rights Reserved

Actual

Seq.

YOY

3Q09

2Q10

3Q10

$

%

$

%

($ in millions)

Service charges on deposits

$164

$149

$143

($6)

(4%)

($21)

(13%)

Corporate banking revenue

77

93

86

(7)

(8%)

8

11%

Mortgage banking revenue

140

114

232

118

104%

92

66%

Investment advisory services

82

87

90

3

4%

8

10%

Card and processing revenue

74

84

77

(7)

(9%)

3

5%

Gain on sale of processing unit

(6)

-

-

NM

NM

NM

100%

Other noninterest income

312

85

195

110

128%

(117)

(38%)

Securities gain (losses), net

8

8

4

(4)

(50%)

(4)

(50%)

Securities gains, net -

-

-

-

-

-

non-qualifying hedges on MSRs

-

-

Noninterest income

$851

$620

$827

$        207

33%

($24)

(3%)

Actual

($ in millions)

3Q09

2Q10

3Q10

Gain / (loss) on sale of loans

8

6

(1)

Commercial loans HFS FV adjustment

(30)

(7)

(9)

Gain / (loss) on sale of OREO properties

(22)

($13)

($29)

Total credit-related revenue

($45)

($14)

($40)

Noninterest income

•

Noninterest income of $827 million up $207 million, or 33%, compared with 2Q10 including $152 million BOLI

settlement; excluding BOLI, noninterest income of $633 million, up 12%, driven by mortgage banking revenue

–

Strength in mortgage banking net revenue largely driven by originations of $5.6 billion

•

Year-over-year decline driven by $244 million gain from the sale of our Visa, Inc. Class B common shares in 3Q09

•

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

Note: Numbers may not sum due to rounding

8

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Fifth Third Bank | All Rights Reserved

Noninterest expense

Noninterest expense

•

Noninterest expense of $979 million increased $44 million, or 5%, compared with 2Q10, driven by $25 million in

expense related to BOLI settlement and higher credit-related costs

–

Year-over-year increase impacted by BOLI settlement as well as growth in salaries, wages, and incentives due

to higher levels of production and investment in sales force expansion

•

Higher credit related expenses driven by repurchase reserve build/losses:

Note: Numbers may not sum due to rounding

Actual

Seq.

YOY

3Q09

2Q10

3Q10

$

%

$

%

($ in millions)

Salaries, wages and incentives

$335

$356

$360

$4

1%

$25

8%

Employee benefits

83

73

82

9

13%

(1)

(1%)

Net occupancy expense

75

73

72

(1)

(1%)

(3)

(3%)

Technology and communications

43

45

48

3

6%

5

10%

Equipment expense

30

31

30

(1)

(2%)

-

-

Card and processing expense

25

31

26

(6)

(19%)

1

1%

Other noninterest expense

285

326

361

35

11%

76

27%

Noninterest expense

$876

$935

$979

$44

5%

$103

12%

Actual

($ in millions)

3Q09

2Q10

3Q10

Mortgage repurchase expense

$11

$18

$45

Provision for unfunded commitments

45

(6)

(23)

Derivative valuation adjustments

21

9

8

OREO expense

6

7

9

Other work-out related expenses

29

26

27

Total credit-related operating expenses

$111

$55

$67

9

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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 $760 million up 34% from strong 2Q10 levels driven by strong net interest

income growth, higher fees reflecting mortgage results and litigation settlement

•

Adjusted PPNR of $634 million, due to adjustments totaling ($126) million, resulting in

adjusted sequential and year-over-year increases of 15% and 18%, respectively

•

Excluding the impact of credit-related adjustments ($107mm in 3Q10), PPNR up 19% versus

2Q10; up 7% versus 3Q09

Adjusted PPNR up 18%; Credit adjusted PPNR up 7%

Core PPNR reconciliation

3Q09

4Q09

1Q10

2Q10

3Q10

Reported PPNR

$844

$562

$568

$567

$760

Adjustments:

BOLI litigation settlement

-

-

-

-

(127)

Gain on sale of Visa shares

(244)

-

9

-

-

Gain from sale of processing interest

6

-

-

-

-

Divested merchant and EFT revenue

2

-

-

-

-

Securities gains/losses

(8)

(2)

(14)

(8)

(4)

Visa litigation reserve expense

(73)

-

-

-

-

Other litigation reserve expense

-

22

4

3

-

FTPS warrants and puts

-

(20)

2

(10)

5

Seasonal pension expense

10

-

-

-

-

Divested merchant and EFT expense (estimated)

2

-

-

-

-

Adjusted PPNR

$539

$562

$569

$552

$634

Credit Related Items:

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

45

30

1

14

40

Problem asset work-out expenses

111

73

91

55

67

Credit adjusted PPNR

$695

$665

$661

$621

$741

111

73

91

55

539

562

569

552

634

45

30

1

14

40

67

$0

$100

$200

$300

$400

$500

$600

$700

$800

3Q09

4Q09

1Q10

2Q10

3Q10

Noninterest Expense Credit Items

Fee Income Credit Items

Adjusted

10

©

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 previous quarters.

6.7%

6.5%

6.4%

6.6%

6.7%

0%

1%

2%

3%

4%

5%

6%

7%

8%

3Q09

4Q09

1Q10

2Q10

3Q10

Tangible common equity ratio^

7.0%

7.0%

7.0%

7.2%

7.3%

0%

1%

2%

3%

4%

5%

6%

7%

8%

3Q09

4Q09

1Q10

2Q10

3Q10

Tier I common equity

9.8%

9.9%

10.0%

10.3%

10.5%

13.9%

13.2%

13.3%

13.4%

13.7%

0%

2%

4%

6%

8%

10%

12%

14%

3Q09

4Q09

1Q10

2Q10

3Q10

Tier 1 Capital Ratio ex-TARP

Tier 1 Capital Ratio

Tier I capital ratio

Total risk-based capital ratio

14.0%

14.1%

14.1%

14.6%

14.9%

18.3%

17.4%

17.5%

17.5%

18.0%

0%

5%

10%

15%

20%

3Q09

4Q09

1Q10

2Q10

3Q10

Total RBC ratio ex-TARP

Total RBC ratio

11

©

Fifth Third Bank | All Rights Reserved

Impact of portfolio actions

•

Residential mortgage loan sale

–

$228 million of balances sold

–

$205 million of balances were

nonaccrual

–

$123 million of NCO realized

•

Commercial HFS transfer

–

$961 million of balances

transferred

–

$694 million of balances were

nonaccrual

–

$387 million of NCO realized

•

Reserve reduction

–

Approximately $337 million related

to sale or transfer of loans to held-

for-sale

Residential mortgages sold

Balances

NCO

Florida

$141

$72

Ohio

25

15

Illinois

15

9

Michigan

15

8

Indiana

10

6

Other

23

13

Total

$228

$123

Commercial HFS transfers -

O/S

Florida

Michigan

Other

Total

Commercial mortgage

$174

$45

$267

$486

Commercial construction

32

12

123

167

C&I

51

38

219

308

Total

$257

$95

$609

$961

Commercial HFS transfers -

nonaccruals

Florida

Michigan

Other

Total

Commercial mortgage

$106

$38

$183

$327

Commercial construction

32

11

86

129

C&I

49

35

154

238

Total

$187

$84

$423

$694

Commercial HFS transfers -

NCO

Florida

Michigan

Other

Total

Commercial mortgage

$75

$20

$107

$202

Commercial construction

20

6

51

77

C&I

26

10

72

108

Total

$121

$36

$230

$387

Net charge-off

composition

Credit

Actions

Remaining

Portfolio

Total

Consumer

$123

$206

$329

Commercial

387

240

627

Total

$510

$446

$956

12

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Fifth Third Bank | All Rights Reserved

Actual

Seq.

YOY

($ in millions)

3Q09

2Q10

3Q10

$

%

$

%

C&I

$256

$104

$237

$133

128%

($19)

(7%)

Commercial mortgage

118

78

268

190

244%

150

127%

Commercial construction

126

43

121

78

181%

(5)

(4%)

Commercial lease

-

-

1

NM

NM

NM

NM

Commercial

$500

$225

$627

$402

179%

$127

25%

Residential mortgage loans

92

85

204

119

140%

112

122%

Home equity

80

61

66

5

8%

(14)

(18%)

Automobile

34

20

17

(3)

(15%)

(17)

(50%)

Credit card

45

42

36

(6)

(14%)

(9)

(20%)

Other consumer

5

1

6

5

NM

1

20%

Consumer

$256

$209

$329

$120

57%

$73

29%

Total net charge-offs

$756

$434

$956

$522

120%

$200

26%

Net charge-offs

Net charge-offs by loan type

Net charge-offs by geography

Net charge-offs ($mm)

Overall credit results reflect effects of 3Q credit actions;

trends otherwise relatively stable

$mm

%

Commercial

$627

66%

Consumer

329

34%

Total 

$956

100%

NCOs

due to

3Q10

credit

actions

500

468

342

225

240

256

240

240

209

206

$0

$200

$400

$600

$800

$1,000

3Q09

4Q09

1Q10

2Q10

3Q10

Commercial

Consumer

$756

$708

$582

$434

$956

13

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Fifth Third Bank | All Rights Reserved

Nonperforming assets*

•

NPAs

of $2.1B excluding held-for-sale

•

Commercial NPAs

of $1.6B, down 29% from

the previous quarter

–

Homebuilder/developer NPAs

of

$280mm; represent 17% of total NPAs

•

Consumer NPAs

of $478mm, down 31% from

the previous quarter

•

NPAs

in held-for-sale of $699mm

C&I / Lease

$632mm, 30%

CRE

$972mm, 47%

Residential

$402mm, 19%

Other Consumer

$76mm, 4%

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

* NPAs

exclude loans held-for-sale.

Non-performing assets ($mm)

Non-performing assets continue to improve

$3,220

$3,244

$3,129

$2,969

$2,082

14

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Fifth Third Bank | All Rights Reserved

NPL Rollforward

NPL Rollforward

Commercial

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

Beginning NPL Amount

1,406

1,937

2,110

2,430

2,392

2,172

1,980

New nonaccrual loans

799

544

832

602

405

310

290

Paydowns, payoffs, sales and net other activity

(157)

(190)

(246)

(332)

(425)

(401)

(631)

Charge-offs

(111)

(181)

(266)

(308)

(200)

(100)

(379)

Ending Commercial NPL

1,937

2,110

2,430

2,392

2,172

1,980

1,261

Consumer

Q109

Q209

Q309

Q409

Q110

Q210

Q310

Beginning NPL Amount

457

459

477

517

555

561

550

New nonaccrual loans

157

125

160

152

137

205

157

Net other activity

(155)

(107)

(120)

(114)

(131)

(216)

(384)

Ending Consumer NPL

459

477

517

555

561

550

323

Total NPL

2,396

2,587

2,947

2,947

2,733

2,530

1,584

Total new nonaccrual loans

956

669

992

754

542

515

447

Non-performing loans

Non-performing loans ($mm)

$2.9B

$2.9B

$2.7B

Non-performing loans improving with lower

severity mix; benefit of sale/transfer

$2.5B

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

than peers throughout 2008. More recently, FITB inflows have been lower

than peers and generally in the top quartile.

FITB NPL inflows (relative to loans) vs. peers

FITB

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

New non-performing loan flows ($mm)

NPL flows have declined significantly

$1.6B

15

©

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, $1.65B were on accrual status

and $175M were nonaccruals

—

$1.0

billion

of

TDRs

are

current

and

have

been

on

the

books 6 or more months; within that, over $700 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 1Q10 industry data cumulative through 1Q10 (starting point altered to conform with current OCC reporting)

Mortgage TDR 60+ redefault

trend by vintage

1Q08      $69

2Q08    $135

3Q08    $146

4Q08    $176

1Q09    $221

2Q09    $257

Months since modification

Mortgage TDR 60+ redefault

rate: Fifth Third comparison

(January 1, 2009 through March 2010)

Fannie Mae

Industry

portfolio loans

Fifth Third

Volume by

vintage ($mm)

Freddie Mac

3Q09    $386

Current consumer TDRs

(%)

4Q09    $153

$1.0

billion

2008

2009

1Q10    $156

16

©

Fifth Third Bank | All Rights Reserved

17

©

Fifth Third Bank | All Rights Reserved

Strong relative credit trends

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 $800mm in NCOs related to commercial losses moved to held-for-sale; 3Q10 net charge-offs included $510mm in NCOs related to loans

sold or moved to held-for-sale

FITB

credit

metrics

were

higher

than

peers

but

are

now

generally

better

than peers

NPA ratio vs. peers

0.5%

1.5%

2.5%

3.5%

4.5%

3Q07

4Q07

1Q08

2Q08

3Q08

4Q08

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

FITB

Peer Average

Net charge-off ratio vs. peers*

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

3Q07

4Q07

1Q08

2Q08

3Q08

4Q08

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

FITB

Peer Average

Loans 90+ days delinquent % vs. peers

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2%

1.4%

1.6%

3Q07

4Q07

1Q08

2Q08

3Q08

4Q08

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

FITB

Peer Average

Loans 30-89 days delinquent % vs. peers

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3Q07

4Q07

1Q08

2Q08

3Q08

4Q08

1Q09

2Q09

3Q09

4Q09

1Q10

2Q10

3Q10

FITB

Peer Average

(7.5%)

(HFS transfer)

3.80%

Before credit

actions

2.33%

Before credit

actions

18

©

Fifth Third Bank | All Rights Reserved

Strong reserve position

Source: SNL and company reports. NPAs/NPLs

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

3Q10 coverage ratios are strong

relative to peers (2Q10)

$756

$708

$582

$434

$956

$196

$68

$8

($109)

($499)

4.69%

4.88%

4.91%

4.85%

4.20%

-2.00%

-1.00%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

3Q09

4Q09

1Q10

2Q10

3Q10

($600)

($400)

($200)

$0

$200

$400

$600

$800

$1,000

$1,200

Net Charge-offs

Additional Provision

Reserves

Industry leading reserve levels

Fifth Third

(3Q10)

Peer Average

(2Q10)

99%

Reserves / NPLs

202%

85%

Reserves / NPAs

153%

19

©

Fifth Third Bank | All Rights Reserved

Updated credit loss expectations vs. SCAP scenarios

$4.1B

$5.0B

$2.8B

2010 full year

charge-off

expectations

(October 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

2010 full year charge-off

expectations (as of October 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

Included $800mm

related to 4Q08

credit actions

Included $510mm

related to 3Q10

credit actions

20

©

Fifth Third Bank | All Rights Reserved

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

or securitize loans on behalf of others; no mortgage

securitizations outstanding (except <$150 million HELOC from 2003)

—

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 <$100 million (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

Fifth Third’s businesses have performed well through the crisis, and       

we expect to continue capitalizing on our strong competitive position                         

as the landscape evolves further toward our traditional strengths

21

©

Fifth Third Bank | All Rights Reserved

Appendix

22

©

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

•

“P/E”

fund investments <$100mm (<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 $197mm

•

LTM debit interchange $ volume: $15.3B

–

Signature $11.9B, PIN $3.4B

•

LTM debit interchange transaction volume:

422mm

–

Signature 337mm, PIN 85mm

•

Will

not

know

what

“reasonable”

and

“proportional”

mean

until after Fed study

•

Each 10 bps reduction in overall interchange rates would

represent ~$15mm 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 $15-20mm per quarter ($60-80mm

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

–

Likely more than 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

23

©

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: Fourth quarter 2010 outlook

4Q10 Outlook

$78.9 billion

$75.2 billion

$916 million

3.70%

$827 million

$979 million

$760 million

$956 million

$3.2 billion (4.20%)

$2.1 billion (2.72%)

7.3%

12.5%

13.9%

18.3%

Relatively Flat

CD run off, transaction deposit

growth

Relatively flat

Stable

~$650mm range +/-

Relatively stable

~$580mm range +/-

< $400mm, 2% of loans

Lower

Generally 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.

3Q10 Actual

Results

Outlook as of October 21, 2010

Strong liquidity profile

Retail Brokered CD maturities: $254mm in 2010; $31mm in 2011

FHLB borrowings $2.6B

9/30 unused avail. capacity $25B ($18.7B in Fed and $5.8B in FHLB)

Holding Company cash at 9/30/10: $1.2B

—

Total Fed deposits ~$2.9B

Expected cash obligations over the next 12 months (assuming no

TARP repayment)

—

$0 debt maturities

—

~$32mm common dividends

—

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

—

~$365mm interest and other expenses

Cash currently sufficient to satisfy all fixed obligations* for more than

2.5 years without accessing capital markets/subsidiary dividends/asset

sales

Bank

unsecured

debt

maturities

($mm

–

excl.

Brokered

CDs)

Heavily core funded

Holding company unsecured debt maturities ($mm)

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

S-T

wholesale

8%

24

©

Fifth Third Bank | All Rights Reserved

25

©

Fifth Third Bank | All Rights Reserved

Non-performing assets and net charge-offs:

Product view*

Total NPAs

Total NCOs

* NPAs

exclude loans held-for-sale.

0

500

1,000

1,500

2,000

2,500

3,000

3,500

3Q09

4Q09

1Q10

2Q10

3Q10

NCOs on

loans sold

or moved

to held-for-

sale in

3Q10

26

©

Fifth Third Bank | All Rights Reserved

-

200

400

600

800

1,000

3Q09

4Q09

1Q10

2Q10

3Q10

Total NPAs

Total NCOs

Non-performing assets and net charge-offs:

Geographic view*

* NPAs

exclude loans held-for-sale.

NCOs on

loans sold

or moved

to held-for-

sale in

3Q10

-

500

1,000

1,500

2,000

2,500

3,000

3,500

3Q09

4Q09

1Q10

2Q10

3Q10

27

©

Fifth Third Bank | All Rights Reserved

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 35% of total loans

and 25% of net charge-offs including portfolio actions

•

Held for investment portfolio:

–

29% of net charge-offs

–

41% of 3Q10 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $3.0B; 3Q10

NCO ratio of 7.0%

–

FL represented 4% of 3Q10 losses, 6% of loans; MI

represented 8% of losses, 14% of loans

* NPAs

exclude loans held-for-sale.

# Excluding losses on loans transferred to held-for-sale in 3Q10

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

3Q10#

Balance

$26,175

$25,683

$26,131

$26,008

$26,302

90+ days delinquent

$256

$118

$63

$49

$28

as % of loans

0.98%

0.46%

0.24%

0.19%

0.11%

NPAs

$790

$781

$788

$792

$594

as % of loans

3.02%

3.04%

3.02%

3.05%

2.26%

Net charge-offs

$256

$183

$161

$104

$237

$129

as % of loans

3.70%

2.81%

2.48%

1.58%

3.57%

1.94%

C&I

28

©

Fifth Third Bank | All Rights Reserved

Commercial mortgage*

Loans by geography

Credit trends

Loans by industry

Comments

* NPAs

exclude loans held-for-sale.

# Excluding losses on loans transferred to held-for-sale in 3Q10

•

Commercial mortgage loans represented 14% of total loans

and 28% of net charge-offs including portfolio actions

•

Held for investment portfolio:

–

15% of net charge-offs

–

Owner occupied 3Q10 NCO ratio of 1.6%, other non-

owner occupied 3Q10 NCO ratio of 2.9%

–

Loans from FL/MI represented 38% of portfolio loans,

66% of portfolio losses in 3Q10

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

3Q10#

Balance

$12,105

$11,803

$11,744

$11,481

$10,985

90+ days delinquent

$184

$59

$44

$53

$29

as % of loans

1.52%

0.50%

0.38%

0.46%

0.26%

NPAs

$968

$985

$1,002

$956

$679

as % of loans

8.00%

8.34%

8.53%

8.33%

6.19%

Net charge-offs

$118

$142

$99

$78

$268

$66

as % of loans

3.82%

4.69%

3.42%

2.68%

9.34%

2.30%

Commercial mortgage

29

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Fifth

Third

Bank

|

All

Rights

Reserved

Commercial construction*

Loans by geography

Credit trends

Loans by industry

Comments

* NPAs

exclude loans held-for-sale.

# Excluding losses on loans transferred to held-for-sale in 3Q10

•

Commercial construction loans represented 3% of total loans

and 13% of net charge-offs including portfolio actions

•

Held for investment portfolio:

–

10% of net charge-offs

–

Loans from FL/MI represented 29% of portfolio loans,

21% of portfolio losses in 2Q10

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

3Q10#

Balance

$4,147

$3,784

$3,277

$2,965

$2,349

90+ days delinquent

$168

$16

$9

$37

$5

as % of loans

4.04%

0.44%

0.28%

1.24%

0.21%

NPAs

$751

$707

$569

$482

$291

as % of loans

18.11%

18.68%

17.36%

16.26%

12.40%

Net charge-offs

$126

$135

$78

$43

$121

$44

as % of loans

11.56%

13.28%

8.57%

5.46%

16.58%

5.99%

Commercial construction

30

©

Fifth Third Bank | All Rights Reserved

Homebuilders/developers*

Loans by geography

Credit trends

Loans by industry

Comments

•

Originations of builder/developer loans suspended in 2007

•

Remaining

portfolio

balance

of

$824mm,

down

76%

from

peak

of $3.3B in 2Q08, represents approximately 1% of total loans

and 2% of commercial loans

•

Held for investment portfolio:

–

$32mm of NCOs, down $16mm sequentially (52%

commercial mortgage, 43% commercial construction,

5% C&I)

–

$280mm of NPAs, down $151mm sequentially (60%

commercial mortgage, 31% commercial construction,

9% C&I)

* NPAs

exclude loans held-for-sale.

# Excluding losses on loans transferred to held-for-sale in 3Q10

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

3Q10#

Balance

$1,846

$1,563

$1,324

$1,207

$824

90+ days delinquent

$79

$19

$6

$12

$3

as % of loans

4.29%

1.19%

0.43%

1.03%

0.37%

NPAs

$600

$548

$520

$431

$280

as % of loans

32.51%

35.09%

39.28%

35.68%

33.97%

Net charge-offs

$108

$110

$81

$48

$127

$32

as % of loans

21.92%

26.25%

22.89%

15.01%

48.74%

12.25%

Homebuilders/developers

31

©

Fifth Third Bank | All Rights Reserved

Residential mortgage

1

st

liens:

100%

;

weighted

average

LTV:

78%

Weighted average origination FICO: 731

Origination FICO distribution:  <660 10%; 660-689 7%; 690-719

11%;

720-749

14%;

750+

32%;

Other

^

25%

(note: loans <660 includes CRA loans and FHA/VA loans)

Origination LTV distribution: <=70 28%; 70.1-80 40%; 80.1-90

10%; 90.1-95 5%; >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

OH

24%

IN

6%

IL

10%

TN

2%

Other /

National

10%

FL

24%

MI

15%

KY

4%

NC

5%

^ Includes acquired loans where FICO at origination is not available

#Excluding losses on loans sold in 3Q10

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.

•

Residential mortgage loans represented 10% of total loans

and 21% of net charge-offs

•

Held for investment portfolio:

–

18% of net charge offs

–

FL portfolio 24% of residential mortgage loans driving

62% of portfolio losses

–

FL lots ($210mm) running at 38% annualized loss rate

(YTD)

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

3Q10#

Balance

$8,229

$8,035

$7,918

$7,707

$7,975

90+ days delinquent

$198

$189

$157

$107

$111

as % of loans

2.41%

2.35%

1.98%

1.38%

1.39%

NPAs

$484

$523

$521

$549

$328

as % of loans

5.89%

6.51%

6.57%

7.12%

4.11%

Net charge-offs

$92

$78

$88

$85

$204

$81

as % of loans

4.38%

3.82%

4.46%

4.35%

10.37%

4.10%

Residential mortgage

32

©

Fifth Third Bank | All Rights Reserved

Home equity

1

st

liens: 30%; 2

nd

liens: 70% 

Weighted average origination FICO: 748

Origination FICO distribution: <660 4%; 660-689 7%; 690-719 13%;

720-749 17%; 750+ 49%; Other 11%

Average CLTV: 75% Origination CLTV distribution: <=70 39%; 70.1-

80 22%; 80.1-90 18%; 90.1-95 7%; >95 14%

Vintage distribution: 2010 2%; 2009 5%; 2008 11%; 2007 11%; 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 15% of total loans and 7% of net

charge-offs

Approximately 15% of portfolio in broker product driving

approximately 40% total loss

Approximately

one

third

of

Fifth

Third

2

nd

liens

are

behind

Fifth

Third

1

st

liens

2005/2006 vintages represent 30% of portfolio; account for 56% of

losses

Aggressive home equity line management strategies in place

Note: Brokered and direct home equity net charge-off ratios are calculated based on end of period loan balances

^ Includes acquired loans where FICO at origination is not available

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

Balance

$2,028

$1,948

$1,906

$1,838

$1,770

90+ days delinquent

$38

$33

$29

$29

$26

as % of loans

1.87%

1.72%

1.53%

1.57%

1.46%

Net charge-offs

$30

$34

$30

$24

$26

as % of loans

5.96%

7.02%

6.45%

5.29%

5.87%

Home equity -

brokered

($ in millions)

3Q09

4Q09

1Q10

2Q10

3Q10

Balance

$10,349

$10,226

$10,280

$10,149

$10,004

90+ days delinquent

$66

$65

$60

$61

$61

as % of loans

0.64%

0.64%

0.58%

0.60%

0.61%

Net charge-offs

$49

$48

$43

$37

$40

as % of loans

1.89%

1.85%

1.68%

1.45%

1.57%

Home equity -

direct

33

©

Fifth

Third

Bank

|

All

Rights

Reserved

Florida market*

Deterioration in real estate values having effect on credit trends as evidenced by increased NPA/NCOs in real estate related products

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.

#

Excluding

losses

on

loans

transferred

to

held-for-sale

in

3Q10

NCOs #

Loans ($B)

% of

FITB

NPAs

($mm)

% of

FITB

NCOs

($mm)

% of

FITB

NCOs#

($mm)

% of

FITB

Commercial loans

1.6

6%

61

10%

37

16%

9

7%

Commercial mortgage

1.4

13%

163

24%

94

35%

23

34%

Commercial construction

0.4

16%

103

35%

28

23%

7

16%

Commercial lease

0.0

1%

-

0%

-

0%

1

59%

Commercial

3.4

8%

327

20%

159

25%

39

16%

Mortgage

1.9

24%

146

45%

124

61%

52

62%

Home equity

0.9

8%

6

8%

11

16%

11

16%

Auto

0.5

5%

2

9%

1

7%

1

7%

Credit card

0.1

5%

4

8%

4

10%

4

10%

Other consumer

0.0

2%

0

26%

1

11%

1

11%

Consumer

3.4

10%

158

33%

140

42%

68

33%

Total

6.8

9%

485

23%

300

31%

107

24%

Florida

34

©

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

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.

#

Excluding

losses

on

loans

transferred

to

held-for-sale

in

3Q10

NCOs #

Loans ($B)

% of

FITB

NPAs

($mm)

% of

FITB

NCOs

($mm)

% of

FITB

NCOs#

($mm)

% of

FITB

Commercial loans

3.8

14%

141

24%

32

13%

20

15%

Commercial mortgage

2.9

26%

182

27%

38

14%

21

32%

Commercial construction

0.3

13%

35

12%

9

7%

2

6%

Commercial lease

0.2

6%

7

17%

0

0%

1

60%

Commercial

7.2

17%

365

23%

79

13%

44

18%

Mortgage

1.2

15%

40

12%

18

9%

10

12%

Home equity

2.5

21%

19

26%

16

25%

16

25%

Auto

1.0

9%

3

18%

2

9%

2

9%

Credit card

0.3

16%

11

20%

6

17%

6

17%

Other consumer

0.1

13%

0

13%

1

16%

1

16%

Consumer

5.0

15%

74

16%

44

13%

36

17%

Total

12.2

16%

439

21%

123

13%

79

18%

Michigan

EX-99.3

Exhibit 99.3

October 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
	September 30, 2010		June 30, 2010		March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009		March 31, 2009			December 31, 2008
Ratios (percent)
Return on assets		0.84		0.68		(0.04	)		(0.35	)		(0.34	)		3.05		0.17			(7.16	)
Return on average common equity		6.8		5.2		(3.0	)		(6.3	)		(6.1	)		41.2		(1.4	)		(94.6	)
Average equity as a percent of average assets		12.38		12.04		11.92			12.31			12.24			10.78		10.18			8.65
Net interest margin (a)		3.70		3.57		3.63			3.55			3.43			3.26		3.06			3.46
Efficiency (a)		56.2		62.1		62.6			63.1			50.8			29.9		65.1			131.3
Net losses charged off as a percent of average loans and leases		4.95		2.26		3.01			3.62			3.75			3.08		2.38			7.50
Allowance for loan and lease losses as a percent of loans and leases		4.20		4.85		4.91			4.88			4.69			4.28		3.72			3.31
Allowance for credit losses as a percent of loans and leases		4.51		5.18		5.25			5.27			5.06			4.57		4.00			3.54
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		2.72		3.87		4.02			4.22			4.09			3.48		3.20			2.38
Allowance for loan and lease losses as a percent of nonperforming assets (b)		153.41		124.40		121.50			115.55			114.30			122.71		115.93			138.93
Allowance for credit losses as a percent of nonperforming assets		123.09		125.90		120.47			116.56			112.99			116.67		108.20			120.30
Common Share Data
Earnings per share	$	0.22	$	0.16	$	(0.09	)	$	(0.20	)	$	(0.20	)	$	1.35	$	(0.04	)	$	(3.78	)
Earnings per diluted share	$	0.22	$	0.16	$	(0.09	)	$	(0.20	)	$	(0.20	)	$	1.15	$	(0.04	)	$	(3.78	)
Cash dividends per common share		0.01		0.01		0.01			0.01			0.01			0.01		0.01			0.01
Book value per share		12.86		12.65		12.31			12.44			12.69			12.71		13.61			13.57
Common shares outstanding, excluding treasury		796,283,198		796,319,712		794,816,131			795,068,164			795,316,187			795,313,448		576,935,997			577,386,612
Market price per share:
High	$	13.81	$	15.95	$	14.05		$	10.92		$	11.20		$	9.15	$	8.65		$	14.75
Low		10.64		12.00		9.81			8.76			6.33			2.50		1.01			6.32
End of period		12.03		12.29		13.56			9.75			10.13			7.10		2.92			8.26
Supplemental Data
Common dividends declared ($ in millions)	$	8	$	8	$	8		$	8		$	8		$	8	$	5		$	6
Full-time equivalent employees		20,667		20,479		20,038			20,998			20,559			20,702		20,618			21,476
Banking centers		1,309		1,309		1,309			1,309			1,306			1,306		1,311			1,307
ATMs		2,390		2,362		2,364			2,358			2,372			2,355		2,354			2,341

(a) Presented on a fully taxable equivalent basis (“FTE”).

(b) Excludes nonperforming assets held for sale.

Page 1

Quarterly Data

	Three Months Ended
	September 30, 2010		June 30, 2010		March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009		March 31, 2009			December 31, 2008
Income Statement ($ in millions)
Interest income (FTE)	$	1,130	$	1,121	$	1,147		$	1,147		$	1,174		$	1,184	$	1,183		$	1,411
Interest expense		214		234		246			265			300			348		402			514
Net interest income (FTE)		916		887		901			882			874			836		781			897
Provision for loan and lease losses		457		325		590			776			952			1,041		773			2,356
Noninterest income:
Service charges on deposits		143		149		142			159			164			162		146			162
Investment advisory revenue		90		87		91			86			82			79		79			81
Corporate banking revenue		86		93		81			89			77			93		113			118
Mortgage banking net revenue		232		114		152			132			140			147		134			(29	)
Card and processing revenue		77		84		73			76			74			243		223			230
Gain on sale of processing business		—		—		—			—			(6	)		1,764		—			—
Other noninterest income		195		85		74			107			312			49		10			24
Securities gains (losses), net		4		8		14			2			8			5		(24	)		(40	)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		—		—		—			—			—			41		16			96
Total noninterest income		827		620		627			651			851			2,583		697			642
Noninterest expense:
Salaries, wages and incentives		360		356		329			331			335			346		327			337
Employee benefits		82		73		86			69			83			75		83			61
Net occupancy expense		72		73		76			75			75			79		79			77
Technology and communications		48		45		45			47			43			45		45			48
Equipment expense		30		31		30			31			30			31		31			35
Card and processing expense		26		31		25			27			25			75		67			70
Other noninterest expense		361		326		365			387			285			370		330			1,394
Total noninterest expense		979		935		956			967			876			1,021		962			2,022
Income (loss) before income taxes (FTE)		307		247		(18	)		(210	)		(103	)		1,357		(257	)		(2,839	)
Taxable equivalent adjustment		4		5		4			4			5			5		5			5
Income (loss) before income taxes		303		242		(22	)		(214	)		(108	)		1,352		(262	)		(2,844	)
Applicable income tax (benefit)		65		50		(12	)		(116	)		(11	)		470		(312	)		(702	)
Net income (loss)	$	238	$	192	$	(10	)	$	(98	)	$	(97	)	$	882	$	50		$	(2,142	)
Less: Net income attributable to noncontrolling interests		—		—		—			—			—			—		—			—
Net income (loss) attributable to Bancorp	$	238	$	192	$	(10	)	$	(98	)	$	(97	)	$	882	$	50		$	(2,142	)
Dividends on preferred stock		63		62		62			62			62			26		76			42
Net income (loss) available to common shareholders	$	175	$	130	$	(72	)	$	(160	)	$	(159	)	$	856	$	(26	)	$	(2,184	)

Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	13,696		$	13,462		$	13,297		$	13,428		$	13,574		$	13,742		$	11,924		$	11,924
Tier II capital		4,379			4,279			4,119			4,207			4,352			4,330			4,578			4,722
Total risk-based capital	$	18,075		$	17,741		$	17,416		$	17,635		$	17,926		$	18,072		$	16,502		$	16,646
Risk-weighted assets	$	98,904		$	98,604		$	99,281		$	100,933		$	102,875		$	106,538		$	109,087		$	112,622
Tier I capital ratio		13.85	%		13.65	%		13.39	%		13.30	%		13.19	%		12.90	%		10.93	%		10.59	%
Total risk-based capital ratio		18.28	%		17.99	%		17.54	%		17.47	%		17.43	%		16.96	%		15.13	%		14.78	%
Tier I leverage ratio		12.54	%		12.24	%		12.00	%		12.34	%		12.34	%		12.17	%		10.29	%		10.27	%
Tier I common equity ratio		7.34	%		7.17	%		6.96	%		6.99	%		7.01	%		6.94	%		4.50	%		4.37	%

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

Page 2

Quarterly Data

	As of
	September 30, 2010			June 30, 2010			March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,215		$	2,216		$	2,133		$	2,318		$	2,130		$	2,899		$	2,491		$	2,739
Available-for-sale and other securities		15,975			16,021			16,935			18,213			15,682			16,061			16,916			12,728
Held-to-maturity securities		354			354			355			355			356			357			358			360
Trading securities		320			270			305			355			1,079			1,354			1,407			1,191
Other short-term investments		3,271			4,322			3,904			3,369			1,126			513			1,587			3,578
Total cash and securities		22,135			23,183			23,632			24,610			20,373			21,184			22,759			20,596
Loans held for sale		2,733			2,150			1,607			2,067			2,063			3,341			2,602			1,452
Portfolio loans and leases		76,009			76,232			77,423			76,779			78,419			81,429			82,569			84,143
Total loans and leases		78,742			78,382			79,030			78,846			80,482			84,770			85,171			85,595
Allowance for loan and lease losses		(3,194	)		(3,693	)		(3,802	)		(3,749	)		(3,681	)		(3,485	)		(3,070	)		(2,787	)
Bank premises and equipment		2,377			2,374			2,384			2,400			2,426			2,440			2,490			2,494
Operating lease equipment		470			489			492			499			486			474			470			463
Goodwill		2,417			2,417			2,417			2,417			2,417			2,417			2,623			2,624
Intangible assets		72			83			94			106			119			133			154			168
Servicing rights		599			646			725			700			626			595			481			499
Other real estate owned		504			454			399			300			274			249			255			231
Other assets		8,200			7,690			7,280			7,251			7,218			7,207			7,980			9,881
Total assets	$	112,322		$	112,025		$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764
Liabilities
Deposits:
Demand	$	20,109		$	19,256		$	19,482		$	19,411		$	17,666		$	17,202		$	16,370		$	15,287
Interest checking		17,225			17,759			19,126			19,935			15,168			14,630			14,510			14,222
Savings		20,260			19,646			19,099			17,898			17,098			16,819			16,517			16,063
Money market		5,064			4,666			4,782			4,431			4,378			4,193			4,353			4,689
Foreign office		3,807			3,430			2,844			2,454			2,356			2,244			1,671			2,144
Other time		9,379			10,966			11,643			12,466			13,725			14,540			14,571			14,350
Certificates - $100,000 and over		5,515			6,389			6,596			7,700			8,962			10,688			11,784			11,851
Other foreign office		3			3			2			10			5			504			6			7
Total deposits		81,362			82,115			83,574			84,305			79,358			80,820			79,782			78,613
Federal funds purchased		368			240			271			182			433			435			363			287
Other short-term borrowings		1,775			1,556			1,359			1,415			3,674			6,802			11,076			9,959
Other liabilities		3,951			3,424			3,092			3,474			3,425			4,125			3,812			5,243
Long-term debt		10,953			10,989			10,947			10,507			10,162			10,102			12,178			13,585
Total liabilities		98,409			98,324			99,243			99,883			97,052			102,284			107,211			107,687
Equity
Common and preferred equity		13,584			13,395			13,321			13,457			13,603			13,752			12,180			12,208
Net unrealized gains (losses):
Available-for-sale securities		434			432			268			216			274			157			178			115
Qualifying cash flow hedges		73			84			98			105			108			95			76			88
Accumulated other comprehensive income related to employee benefit plans		(75	)		(76	)		(78	)		(80	)		(97	)		(100	)		(103	)		(105	)
Treasury stock, at cost		(132	)		(134	)		(201	)		(201	)		(200	)		(204	)		(229	)		(229	)
Total shareholders’ equity		13,884			13,701			13,408			13,497			13,688			13,700			12,102			12,077
Noncontrolling interest		29			—			—			—			—			—			—			—
Total Equity		13,913			13,701			13,408			13,497			13,688			13,700			12,102			12,077
Total liabilities & equity	$	112,322		$	112,025		$	112,651		$	113,380		$	110,740		$	115,984		$	119,313		$	119,764
Share Data
Preferred shares outstanding		152,771			152,771			152,771			152,771			152,771			152,771			180,620			180,620
Common shares outstanding, excluding treasury		796,283,198			796,319,712			794,816,131			795,068,164			795,316,187			795,313,448			576,935,997			577,386,612
Treasury shares held		5,220,989			5,184,475			6,688,056			6,436,023			6,188,001			6,190,740			6,491,107			6,040,492

Page 3

Quarterly Data

	Three Months Ended
	September 30, 2010			June 30, 2010			March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	78,854		$	78,807		$	80,136		$	79,920		$	82,889		$	84,995		$	85,828		$	87,425
Taxable securities		15,580			16,263			17,030			16,999			15,652			15,578			15,343			13,708
Tax exempt securities		273			343			385			727			1,443			1,443			1,202			1,462
Other short-term investments		3,456			4,285			3,144			1,143			969			742			1,290			513
Total interest-earning assets		98,163			99,698			100,695			98,789			100,953			102,758			103,663			103,108
Cash and due from banks		2,283			2,163			2,247			2,276			2,257			2,350			2,438			2,897
Other assets		15,088			14,550			14,262			14,084			13,724			13,907			15,364			15,090
Allowance for loan and lease losses		(3,680	)		(3,798	)		(3,771	)		(3,644	)		(3,481	)		(3,137	)		(2,784	)		(2,142	)
Total assets	$	111,854		$	112,613		$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953
Liabilities
Interest-bearing liabilities:
Interest checking	$	17,142		$	18,652		$	19,533		$	16,324		$	14,869		$	14,837		$	14,229		$	13,698
Savings		19,905			19,446			18,469			17,540			16,967			16,705			16,272			15,960
Money market		4,940			4,679			4,622			4,279			4,280			4,167			4,559			4,983
Foreign office		3,592			3,325			2,757			2,516			2,432			1,717			1,755			1,876
Other time		10,261			11,336			12,059			13,049			14,264			14,612			14,501			13,337
Certificates - $100,000 and over		6,096			6,354			7,049			8,200			10,055			11,455			11,802			12,468
Other foreign office		4			5			8			51			95			240			247			1,090
Federal funds purchased		302			264			220			423			404			542			701			2,016
Other short-term borrowings		1,880			1,478			1,449			3,029			5,285			8,002			9,621			10,912
Long-term debt		10,954			10,876			11,489			10,404			10,108			11,130			12,531			13,101
Total interest-bearing liabilities		75,076			76,415			77,655			75,815			78,759			83,407			86,218			89,441
Demand deposits		19,362			19,406			18,822			18,137			17,059			16,689			15,532			14,602
Other liabilities		3,544			3,229			3,438			3,829			3,750			3,292			4,847			4,619
Total liabilities		97,982			99,050			99,915			97,781			99,568			103,388			106,597			108,662
Equity		13,872			13,563			13,518			13,724			13,885			12,490			12,084			10,291
Total liabilities & equity	$	111,854		$	112,613		$	113,433		$	111,505		$	113,453		$	115,878		$	118,681		$	118,953
Average loans and leases (excluding held for sale)	$	76,617		$	76,973		$	78,381		$	77,601		$	80,060		$	81,573		$	83,561		$	86,369
Average common shares outstanding:
Basic		791,016,740			790,838,716			790,472,577			790,441,911			790,334,226			629,789,476			571,810,034			571,809,026
Diluted		797,492,107			802,254,845			790,472,577			790,441,911			790,334,226			718,245,141			571,810,034			571,809,026

Page 4

Quarterly Data

	Three Months Ended
	September 30, 2010			June 30, 2010			March 31, 2010			December 31, 2009			September 30, 2009			June 30, 2009			March 31, 2009			December 31, 2008
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	26,502		$	26,011		$	26,134		$	25,687		$	26,215		$	28,419		$	28,627		$	29,220
Commercial mortgage		11,333			11,569			11,865			11,936			12,252			12,600			12,768			12,952
Commercial construction		2,500			3,042			3,396			3,871			4,268			4,641			4,930			5,114
Commercial leases		3,304			3,271			3,388			3,535			3,584			3,532			3,521			3,666
Subtotal - commercial		43,639			43,893			44,783			45,029			46,319			49,192			49,846			50,952
Consumer:
Residential mortgage		9,989			9,672			9,239			9,845			9,955			11,440			10,972			10,292
Home equity		11,774			11,987			12,186			12,174			12,377			12,511			12,710			12,752
Automobile loans		10,738			10,285			10,180			8,995			8,972			8,741			8,688			8,594
Credit card		1,832			1,841			1,863			1,990			1,973			1,914			1,816			1,811
Other consumer loans and leases		770			704			779			813			886			972			1,139			1,198
Subtotal - consumer		35,103			34,489			34,247			33,817			34,163			35,578			35,325			34,647
Total loans and leases	$	78,742		$	78,382		$	79,030		$	78,846		$	80,482		$	84,770		$	85,171		$	85,599
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	26,348		$	26,179		$	26,299		$	25,838		$	27,416		$	28,038		$	28,968		$	30,227
Commercial mortgage		11,462			11,772			11,836			12,126			12,449			12,668			12,809			13,194
Commercial construction		2,955			3,258			3,781			4,134			4,475			4,842			5,115			5,990
Commercial leases		3,257			3,336			3,468			3,574			3,522			3,512			3,564			3,610
Subtotal - commercial		44,022			44,545			45,384			45,672			47,862			49,060			50,456			53,021
Consumer:
Residential mortgage		9,897			9,390			9,478			10,141			10,820			11,669			10,921			10,327
Home equity		11,897			12,102			12,338			12,291			12,452			12,636			12,763			12,677
Automobile loans		10,517			10,170			10,185			8,973			8,871			8,692			8,687			8,428
Credit card		1,838			1,859			1,940			1,982			1,955			1,863			1,825			1,748
Other consumer loans and leases		683			741			811			861			929			1,075			1,177			1,225
Subtotal - consumer		34,832			34,262			34,752			34,248			35,027			35,935			35,373			34,405
Total average loans and leases	$	78,854		$	78,807		$	80,136		$	79,920		$	82,889		$	84,995		$	85,829		$	87,426
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	1,378		$	2,236		$	2,423		$	2,642		$	2,704		$	2,387		$	2,229		$	1,696
Nonaccrual loans held for sale		680			163			239			220			286			352			403			473
Restructured loans - commercial (non accrual) held for sale		19			4			4			4			2			—			—			—
Restructured loans and leases (non accrual) portfolio		206			294			310			305			243			200			167			80
Other assets, including other real estate owned		498			439			396			297			273			253			252			230
Total nonperforming assets	$	2,781		$	3,136		$	3,372		$	3,468		$	3,508		$	3,192		$	3,051		$	2,479
Ninety days past due loans and leases	$	317		$	397		$	436		$	567		$	992		$	762		$	733		$	662
Nonperforming Loans ($ in millions)(non-accrual plus renegotiated)
Commercial and industrial loans and leases	$	769		$	800		$	828		$	840		$	826		$	673		$	704		$	586
Commercial mortgage		820			878			980			1,035			1,072			953			900			715
Commercial construction loans		371			469			606			741			820			837			736			578
Consumer mortgage and construction		208			435			408			412			379			360			346			279
Other consumer loans and leases		115			115			153			144			138			116			113			91
Total nonperforming loans and leases (including held for sale)	$	2,283		$	2,697		$	2,975		$	3,172		$	3,235		$	2,939		$	2,799		$	2,249
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(992	)	$	(472	)	$	(622	)	$	(743	)	$	(796	)	$	(658	)	$	(521	)	$	(1,652	)
Recoveries		36			38			40			35			40			32			31			25
Net losses charged off	$	(956	)	$	(434	)	$	(582	)	$	(708	)	$	(756	)	$	(626	)	$	(490	)	$	(1,627	)

Page 5

EX-99.4

Exhibit 99.4

Third Quarter 2010 Portfolio Loan and Lease Stratifications

Please refer to earnings release dated October 21, 2010 for further information

Third Quarter 2010 Portfolio Loan and Lease Stratifications

Consumer

2

Brokered home equity ($1.7 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	3.0%	7.6%	6.4%	2.7%	8.3%	6.4%
	NCO ratio	7.6%	3.6%	15.8%	5.6%	17.4%	11.0%
Michigan	Loans (% of total)	2%	3%	5%	4%	7%	21%
	NPA + 90+ ratio	2.6%	2.0%	3.0%	2.9%	2.6%	2.7%
	NCO ratio	2.9%	5.0%	8.8%	9.5%	8.8%	7.8%
Other	Loans (% of total)	7%	9%	16%	11%	33%	76%
	NPA + 90+ ratio	1.9%	2.8%	2.2%	2.4%	2.5%	2.4%
	NCO ratio	1.2%	3.0%	3.6%	3.2%	6.9%	4.6%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	2.9%	2.5%	2.6%	2.7%	2.6%
	NCO ratio	1.9%	3.4%	5.2%	4.8%	7.4%	5.5%
1sts	Loans (% of total)	5%	4%	3%	1%	4%	16%
	NPA + 90+ ratio	2.9%	3.9%	3.6%	6.6%	3.6%	3.6%
	NCO ratio	2.6%	3.7%	2.7%	0.0%	2.4%	2.8%
2nds	Loans (% of total)	5%	9%	19%	14%	37%	84%
	NPA + 90+ ratio	1.4%	2.4%	2.3%	2.4%	2.6%	2.4%
	NCO ratio	1.3%	3.3%	5.5%	5.0%	7.9%	6.0%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	2.9%	2.5%	2.6%	2.7%	2.6%
	NCO ratio	1.9%	3.4%	5.2%	4.8%	7.4%	5.5%
HE loans	Loans (% of total)	1%	3%	4%	3%	12%	24%
	NPA + 90+ ratio	1.8%	4.2%	3.1%	3.6%	2.8%	3.1%
	NCO ratio	1.8%	6.1%	5.1%	5.6%	6.7%	5.9%
HELOCs	Loans (% of total)	9%	10%	18%	11%	29%	76%
	NPA + 90+ ratio	2.2%	2.5%	2.3%	2.3%	2.6%	2.4%
	NCO ratio	2.0%	2.7%	5.2%	4.6%	7.7%	5.4%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	2.9%	2.5%	2.6%	2.7%	2.6%
	NCO ratio	1.9%	3.4%	5.2%	4.8%	7.4%	5.5%
< 660#	Loans (% of total)	1%	1%	1%	1%	1%	4%
	NPA + 90+ ratio	2.6%	11.7%	4.9%	4.5%	6.0%	5.8%
	NCO ratio	9.0%	12.0%	6.6%	7.6%	7.4%	8.0%
660-689	Loans (% of total)	1%	1%	3%	2%	5%	12%
	NPA + 90+ ratio	4.4%	7.2%	3.1%	5.2%	4.1%	4.3%
	NCO ratio	2.7%	2.2%	6.4%	7.2%	9.8%	7.4%
690-719	Loans (% of total)	1%	2%	4%	3%	10%	21%
	NPA + 90+ ratio	4.4%	2.7%	4.5%	2.4%	3.0%	3.3%
	NCO ratio	1.8%	2.8%	7.6%	6.0%	9.1%	7.2%
720-749	Loans (% of total)	2%	3%	5%	4%	11%	23%
	NPA + 90+ ratio	1.3%	3.3%	2.4%	2.7%	2.3%	2.4%
	NCO ratio	4.0%	6.1%	7.4%	4.4%	7.5%	6.6%
750+	Loans (% of total)	5%	6%	9%	5%	13%	39%
	NPA + 90+ ratio	1.3%	1.3%	1.1%	1.4%	1.7%	1.4%
	NCO ratio	0.4%	1.9%	2.4%	3.3%	5.1%	3.1%
Other^	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	<1%
	NPA + 90+ ratio	3.8%	0.0%	0.0%	0.0%	0.9%	2.8%
	NCO ratio	3.3%	0.0%	0.0%	-2.3%	-0.7%	2.1%
Total	Loans (% of total)	10%	13%	22%	14%	41%	100%
	NPA + 90+ ratio	2.1%	2.9%	2.5%	2.6%	2.7%	2.6%
	NCO ratio	1.9%	3.4%	5.2%	4.8%	7.4%	5.5%

^# 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 ($9.8 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	1.6%	1.4%	4.4%	9.0%	4.5%	2.2%
	NCO ratio	1.7%	3.1%	16.1%	15.2%	16.1%	4.3%
Michigan	Loans (% of total)	9%	5%	4%	1%	2%	21%
	NPA + 90+ ratio	0.8%	1.1%	1.1%	1.9%	1.5%	1.1%
	NCO ratio	0.8%	0.9%	3.4%	3.9%	3.6%	1.8%
Other	Loans (% of total)	29%	16%	13%	4%	7%	70%
	NPA + 90+ ratio	0.8%	1.0%	1.0%	0.9%	1.4%	1.0%
	NCO ratio	0.6%	0.7%	1.1%	2.7%	2.1%	1.0%
Total	Loans (% of total)	44%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.0%	1.2%	1.5%	1.5%	1.1%
	NCO ratio	0.8%	0.9%	2.4%	3.5%	2.9%	1.5%
1sts	Loans (% of total)	20%	8%	3%	1%	1%	32%
	NPA + 90+ ratio	0.6%	1.1%	1.4%	4.2%	6.1%	0.9%
	NCO ratio	0.5%	0.6%	0.9%	2.8%	0.4%	0.6%
2nds	Loans (% of total)	24%	15%	14%	6%	9%	68%
	NPA + 90+ ratio	1.3%	1.0%	1.2%	1.2%	1.5%	1.2%
	NCO ratio	1.0%	1.1%	2.7%	3.6%	3.1%	1.9%
Total	Loans (% of total)	44%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.0%	1.2%	1.5%	1.5%	1.1%
	NCO ratio	0.8%	0.9%	2.4%	3.5%	2.9%	1.5%
HE loans	Loans (% of total)	4%	2%	2%	1%	2%	10%
	NPA + 90+ ratio	2.1%	1.5%	2.1%	1.1%	1.5%	1.8%
	NCO ratio	1.0%	1.3%	2.3%	5.6%	4.1%	2.3%
HELOCs	Loans (% of total)	40%	21%	16%	5%	8%	90%
	NPA + 90+ ratio	0.8%	1.0%	1.1%	1.6%	1.6%	1.0%
	NCO ratio	0.8%	0.9%	2.4%	3.1%	2.7%	1.4%
Total	Loans (% of total)	44%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.0%	1.2%	1.5%	1.5%	1.1%
	NCO ratio	0.8%	0.9%	2.4%	3.5%	2.9%	1.5%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	3%
	NPA + 90+ ratio	2.9%	3.8%	3.0%	2.2%	4.5%	3.3%
	NCO ratio	1.9%	1.4%	7.0%	6.5%	3.0%	3.4%
660-689	Loans (% of total)	2%	2%	1%	1%	1%	7%
	NPA + 90+ ratio	1.3%	2.7%	2.1%	2.1%	1.8%	2.0%
	NCO ratio	1.0%	1.2%	3.4%	10.0%	3.3%	2.7%
690-719	Loans (% of total)	3%	3%	2%	1%	2%	11%
	NPA + 90+ ratio	1.2%	2.5%	1.4%	1.7%	1.9%	1.7%
	NCO ratio	1.7%	1.4%	4.8%	6.3%	3.2%	3.0%
720-749	Loans (% of total)	5%	4%	3%	1%	2%	15%
	NPA + 90+ ratio	0.7%	1.1%	1.7%	1.3%	1.2%	1.1%
	NCO ratio	1.4%	1.6%	2.7%	3.2%	3.5%	2.2%
750+	Loans (% of total)	21%	14%	9%	3%	4%	51%
	NPA + 90+ ratio	0.4%	0.4%	0.7%	1.4%	1.1%	0.5%
	NCO ratio	0.3%	0.6%	1.2%	1.2%	2.3%	0.7%
Other^	Loans (% of total)	12%	<1%	<1%	<1%	<1%	12%
	NPA + 90+ ratio	1.7%	0.0%	1.6%	0.0%	0.0%	1.7%
	NCO ratio	1.0%	0.0%	0.9%	-1.4%	0.0%	1.0%
Total	Loans (% of total)	44%	23%	17%	6%	10%	100%
	NPA + 90+ ratio	0.9%	1.0%	1.2%	1.5%	1.5%	1.1%
	NCO ratio	0.8%	0.9%	2.4%	3.5%	2.9%	1.5%

# Includes 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

4

Total home equity ($11.5 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	1.6%	1.8%	4.6%	8.2%	5.7%	2.4%
	NCO ratio	1.8%	3.1%	16.0%	13.9%	16.5%	4.7%
Michigan	Loans (% of total)	8%	5%	4%	2%	3%	21%
	NPA + 90+ ratio	0.9%	1.2%	1.5%	2.2%	1.9%	1.3%
	NCO ratio	0.9%	1.3%	4.5%	5.6%	5.6%	2.7%
Other	Loans (% of total)	26%	15%	13%	5%	11%	71%
	NPA + 90+ ratio	0.9%	1.1%	1.2%	1.4%	1.9%	1.2%
	NCO ratio	0.6%	0.9%	1.6%	2.8%	4.2%	1.6%
Total	Loans (% of total)	39%	22%	18%	7%	14%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.4%	1.8%	2.0%	1.3%
	NCO ratio	0.8%	1.1%	2.9%	3.9%	4.8%	2.1%
1sts	Loans (% of total)	18%	7%	3%	1%	1%	30%
	NPA + 90+ ratio	0.6%	1.3%	1.7%	4.6%	2.8%	1.1%
	NCO ratio	0.6%	0.9%	1.2%	2.4%	1.3%	0.8%
2nds	Loans (% of total)	21%	14%	15%	7%	13%	70%
	NPA + 90+ ratio	1.3%	1.1%	1.4%	1.6%	2.0%	1.4%
	NCO ratio	1.0%	1.3%	3.3%	4.0%	5.2%	2.6%
Total	Loans (% of total)	39%	22%	18%	7%	14%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.4%	1.8%	2.0%	1.3%
	NCO ratio	0.8%	1.1%	2.9%	3.9%	4.8%	2.1%
HE loans	Loans (% of total)	3%	2%	2%	1%	3%	12%
	NPA + 90+ ratio	2.1%	2.1%	2.4%	2.0%	2.2%	2.2%
	NCO ratio	1.0%	2.3%	3.1%	5.6%	5.5%	3.3%
HELOCs	Loans (% of total)	35%	20%	16%	6%	11%	88%
	NPA + 90+ ratio	0.9%	1.1%	1.3%	1.8%	2.0%	1.2%
	NCO ratio	0.8%	1.0%	2.9%	3.5%	4.6%	1.9%
Total	Loans (% of total)	39%	22%	18%	7%	14%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.4%	1.8%	2.0%	1.3%
	NCO ratio	0.8%	1.1%	2.9%	3.9%	4.8%	2.1%
< 660#	Loans (% of total)	1%	1%	1%	<1%	1%	4%
	NPA + 90+ ratio	2.9%	4.6%	3.4%	2.9%	5.0%	3.8%
	NCO ratio	2.5%	2.5%	6.9%	6.9%	4.5%	4.2%
660-689	Loans (% of total)	2%	2%	2%	1%	2%	7%
	NPA + 90+ ratio	1.5%	3.2%	2.3%	3.2%	2.9%	2.5%
	NCO ratio	1.1%	1.3%	4.1%	9.0%	6.3%	3.8%
690-719	Loans (% of total)	3%	3%	3%	1%	3%	13%
	NPA + 90+ ratio	1.4%	2.5%	2.2%	1.9%	2.5%	2.1%
	NCO ratio	1.7%	1.6%	5.5%	6.2%	6.0%	4.0%
720-749	Loans (% of total)	4%	4%	4%	2%	3%	17%
	NPA + 90+ ratio	0.7%	1.3%	1.8%	1.8%	1.7%	1.4%
	NCO ratio	1.6%	2.1%	3.6%	3.6%	5.4%	3.1%
750+	Loans (% of total)	18%	13%	9%	3%	5%	49%
	NPA + 90+ ratio	0.4%	0.5%	0.8%	1.4%	1.3%	0.6%
	NCO ratio	0.3%	0.7%	1.4%	1.8%	3.4%	1.0%
Other^	Loans (% of total)	10%	<1%	<1%	<1%	<1%	11%
	NPA + 90+ ratio	1.7%	0.0%	1.6%	0.0%	0.2%	1.7%
	NCO ratio	1.0%	0.0%	0.9%	-1.5%	-0.1%	1.0%
Total	Loans (% of total)	39%	22%	18%	7%	14%	100%
	NPA + 90+ ratio	1.0%	1.2%	1.4%	1.8%	2.0%	1.3%
	NCO ratio	0.8%	1.1%	2.9%	3.9%	4.8%	2.1%

# Includes 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

5

Total residential mortgage ($8.0 billion)

FICO (origination)

		< 660#	660-689	690-719	720-750	750+	Other^	Total
Lots	Loans (% of total)	<1%	<1%	1%	1%	2%	2%	6%
	NPA + 90+ ratio	23.7%	18.2%	13.7%	7.8%	5.8%	15.9%	11.8%
	NCO ratio	32.0%	24.5%	19.1%	11.4%	13.2%	29.9%	20.6%
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%	NM	0.0%
	NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	NM	0.0%
Other non-owner occupied	Loans (% of total)	<1%	<1%	<1%	<1%	1%	3%	5%
	NPA + 90+ ratio	22.8%	21.3%	14.3%	13.8%	9.5%	12.6%	13.3%
	NCO ratio	26.3%	8.1%	18.5%	9.1%	18.8%	8.3%	11.3%
Owner occupied	Loans (% of total)	10%	7%	10%	13%	29%	20%	89%
	NPA + 90+ ratio	7.8%	7.0%	7.4%	4.3%	1.6%	5.4%	4.6%
	NCO ratio	4.2%	4.2%	4.0%	2.2%	1.2%	3.3%	2.7%
Total	Loans (% of total)	10%	7%	11%	14%	32%	25%	100%
	NPA + 90+ ratio	8.5%	8.2%	8.0%	4.8%	2.0%	7.1%	5.5%
	NCO ratio	5.3%	5.4%	5.4%	2.9%	2.2%	6.0%	4.2%

Total residential mortgage ($8.0 billion)

Loan-to-value (origination)

		<=70%	70.1-80%	80.1-90%	90.1-95%	95.1 +	Total
Lots	Loans (% of total)	1%	1%	1%	<1%	2%	6%
	NPA + 90+ ratio	15.8%	15.9%	11.0%	6.0%	8.7%	11.8%
	NCO ratio	12.7%	30.4%	24.9%	9.2%	14.8%	20.6%
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%	5%
	NPA + 90+ ratio	7.4%	14.4%	17.2%	10.6%	14.0%	13.3%
	NCO ratio	10.8%	8.9%	14.6%	33.1%	12.6%	11.3%
Owner occupied	Loans (% of total)	26%	36%	7%	5%	14%	89%
	NPA + 90+ ratio	3.9%	4.2%	8.0%	7.7%	4.3%	4.6%
	NCO ratio	1.0%	2.9%	4.9%	3.9%	3.7%	2.7%
Total	Loans (% of total)	28%	40%	10%	5%	17%	100%
	NPA + 90+ ratio	4.3%	5.3%	9.3%	7.7%	5.0%	5.5%
	NCO ratio	1.6%	4.3%	8.8%	5.0%	5.2%	4.2%

Total residential mortgage ($8.0 billion)

		Florida	Michigan	Other	Total
Lots	Loans (% of total)	3%	1%	3%	6%
	NPA + 90+ ratio	18.4%	5.1%	7.0%	11.8%
	NCO ratio	38.2%	7.0%	6.9%	20.6%
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%	5%
	NPA + 90+ ratio	17.2%	17.5%	7.5%	13.3%
	NCO ratio	14.6%	16.0%	6.2%	11.3%
Owner occupied	Loans (% of total)	18%	14%	57%	89%
	NPA + 90+ ratio	7.8%	5.0%	3.5%	4.6%
	NCO ratio	6.6%	3.2%	1.3%	2.7%
Total	Loans (% of total)	24%	15%	62%	100%
	NPA + 90+ ratio	10.1%	5.2%	3.8%	5.5%
	NCO ratio	11.1%	3.5%	1.7%	4.2%

# 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

Note: Data reflects the held for investment residential mortgage portfolio, with net charge-offs totaling $81 million. Net charge-offs on mortgages sold in 3Q10 totaled $123 million.

Total mortgage net charge-offs totaled $204 million

6

Total auto ($10.5 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	1.2%	0.7%	0.5%	0.3%	0.1%	0.8%	0.3%
	NCO ratio	2.6%	1.8%	1.1%	0.8%	0.3%	1.0%	0.7%
Small/Med SUV and	Loans (% of total)	<1%	2%	5%	7%	16%	<1%	30%
Compact Pickup	NPA + 90+ ratio	0.9%	0.7%	0.5%	0.2%	0.1%	0.1%	0.2%
	NCO ratio	0.9%	1.0%	0.8%	0.5%	0.2%	2.0%	0.4%
Large SUV/Full Size Pickup	Loans (% of total)	<1%	2%	4%	5%	11%	1%	22%
	NPA + 90+ ratio	1.1%	0.7%	0.6%	0.2%	0.1%	0.3%	0.3%
	NCO ratio	0.8%	1.3%	1.0%	0.5%	0.3%	0.7%	0.6%
Other	Loans (% of total)	<1%	<1%	1%	1%	3%	<1%	6%
	NPA + 90+ ratio	1.3%	1.1%	1.3%	0.6%	0.8%	2.0%	0.9%
	NCO ratio	1.3%	1.3%	1.3%	2.7%	1.2%	2.2%	1.6%
Total	Loans (% of total)	1%	6%	18%	22%	51%	2%	100%
	NPA + 90+ ratio	1.1%	0.8%	0.5%	0.3%	0.1%	0.7%	0.3%
	NCO ratio	1.6%	1.4%	1.0%	0.7%	0.3%	1.3%	0.6%
New	Loans (% of total)	<1%	3%	8%	10%	26%	1%	47%
	NPA + 90+ ratio	1.1%	0.7%	0.5%	0.3%	0.1%	0.3%	0.2%
	NCO ratio	1.1%	1.2%	0.9%	0.8%	0.2%	0.5%	0.5%
Used	Loans (% of total)	1%	4%	10%	12%	25%	1%	53%
	NPA + 90+ ratio	1.1%	0.8%	0.6%	0.3%	0.2%	1.3%	0.3%
	NCO ratio	1.8%	1.5%	1.1%	0.7%	0.4%	2.4%	0.7%
Total	Loans (% of total)	1%	6%	18%	22%	51%	2%	100%
	NPA + 90+ ratio	1.1%	0.8%	0.5%	0.3%	0.1%	0.7%	0.3%
	NCO ratio	1.6%	1.4%	1.0%	0.7%	0.3%	1.3%	0.6%
<=100% advance rate	Loans (% of total)	1%	4%	10%	11%	33%	1%	60%
	NPA + 90+ ratio	1.0%	0.5%	0.3%	0.2%	0.1%	0.7%	0.2%
	NCO ratio	1.5%	0.6%	0.4%	0.3%	0.2%	1.1%	0.3%
>100% advance rate	Loans (% of total)	<1%	2%	8%	11%	18%	<1%	40%
	NPA + 90+ ratio	1.4%	1.1%	0.7%	0.4%	0.2%	0.8%	0.4%
	NCO ratio	1.6%	2.7%	1.7%	1.2%	0.6%	2.2%	1.1%
Total	Loans (% of total)	1%	6%	18%	22%	51%	2%	100%
	NPA + 90+ ratio	1.1%	0.8%	0.5%	0.3%	0.1%	0.7%	0.3%
	NCO ratio	1.6%	1.4%	1.0%	0.7%	0.3%	1.3%	0.6%
<=60 month term	Loans (% of total)	<1%	1%	4%	5%	18%	1%	29%
	NPA + 90+ ratio	1.1%	0.5%	0.3%	0.1%	0.0%	0.4%	0.1%
	NCO ratio	0.8%	0.7%	0.4%	0.3%	0.1%	0.5%	0.2%
>60 month term	Loans (% of total)	1%	5%	14%	17%	33%	1%	71%
	NPA + 90+ ratio	1.2%	0.8%	0.6%	0.3%	0.2%	1.0%	0.4%
	NCO ratio	1.9%	1.6%	1.2%	0.9%	0.4%	2.1%	0.8%
Total	Loans (% of total)	1%	6%	18%	22%	51%	2%	100%
	NPA + 90+ ratio	1.1%	0.8%	0.5%	0.3%	0.1%	0.7%	0.3%
	NCO ratio	1.6%	1.4%	1.0%	0.7%	0.3%	1.3%	0.6%

^ 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

Third Quarter 2010 Portfolio Loan and Lease Stratifications

Commercial

9

Total commercial loans ($42.9 billion)
		Florida	Michigan	Other	Total
Other non-owner occupied	Loans (% of total)	3%	4%	11%	18%
RE	NPA ratio	19.0%	7.6%	7.6%	9.3%
	NCO ratio	8.7%	3.1%	3.2%	4.0%
Owner-occupied RE	Loans (% of total)	2%	3%	8%	13%
	NPA ratio	7.8%	5.7%	3.5%	4.5%
	NCO ratio	1.4%	2.5%	1.4%	1.7%
C&I	Loans (% of total)	4%	9%	49%	61%
	NPA ratio	3.9%	3.7%	1.9%	2.3%
	NCO ratio	2.2%	2.1%	1.9%	1.9%
Commercial lease	Loans (% of total)	<1%	<1%	7%	8%
	NPA ratio	0.0%	3.2%	1.1%	1.2%
	NCO ratio	9.3%	1.0%	NM	0.1%
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%	16%	76%	100%
	NPA ratio	9.5%	5.3%	2.8%	3.7%
	NCO ratio	4.2%	2.4%	1.9%	2.2%
C&I	Loans (% of total)	4%	9%	49%	61%
	NPA ratio	3.9%	3.7%	1.9%	2.3%
	NCO ratio	2.2%	2.1%	1.9%	1.9%
Commercial mortgage	Loans (% of total)	3%	7%	16%	26%
	NPA ratio	11.5%	6.3%	5.0%	6.2%
	NCO ratio	6.1%	2.8%	1.3%	2.3%
Commercial construction	Loans (% of total)	1%	1%	4%	5%
	NPA ratio	26.8%	12.1%	9.2%	12.4%
	NCO ratio	6.2%	3.1%	6.4%	6.0%
Commercial lease	Loans (% of total)	<1%	<1%	7%	8%
	NPA ratio	0.0%	3.2%	1.1%	1.2%
	NCO ratio	9.3%	1.0%	NM	0.1%
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%	16%	76%	100%
	NPA ratio	9.5%	5.3%	2.8%	3.7%
	NCO ratio	4.2%	2.4%	1.9%	2.2%
Homebuilders / developers	Loans (% of total)	<1%	<1%	1%	2%
(included in #’s above)	NPA ratio	78.5%	23.5%	25.6%	34.0%
	NCO ratio	23.4%	11.1%	9.2%	12.3%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

Note: Data reflects the held for investment commercial loan portfolio with commercial net charge-offs totaling $240 million. Net charge-offs on commercial loans sold or moved to held-for-sale status in 3Q10 totaled $387 million. Total commercial net charge-offs were $627 million.

10

Total commercial loans ($42.9 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Other non-owner occupied	Loans (% of total)	<1%	14%	4%	<1%	18%
RE	NPA ratio	0.0%	7.9%	13.4%	0.0%	9.3%
	NCO ratio	0.0%	2.9%	7.1%	0.0%	4.0%
Owner-occupied RE	Loans (% of total)	<1%	12%	1%	<1%	13%
	NPA ratio	0.0%	4.2%	8.4%	0.0%	4.5%
	NCO ratio	0.0%	1.6%	2.8%	0.0%	1.7%
C&I	Loans (% of total)	61%	<1%	<1%	<1%	61%
	NPA ratio	2.3%	0.0%	0.0%	0.0%	2.3%
	NCO ratio	1.9%	0.0%	0.0%	0.0%	1.9%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	8%	8%
	NPA ratio	0.0%	0.0%	0.0%	1.2%	1.2%
	NCO ratio	0.0%	0.0%	0.0%	0.4%	0.1%
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)	61%	26%	5%	8%	100%
	NPA ratio	2.3%	6.2%	12.4%	1.2%	3.7%
	NCO ratio	1.9%	2.3%	6.0%	0.1%	2.2%
Homebuilders / developers	Loans (% of total)	<1%	1%	1%	<1%	2%
(included in #’s above)	NPA ratio	15.3%	41.0%	34.7%	0.0%	34.0%
	NCO ratio	3.1%	13.3%	15.9%	0.0%	12.3%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

Note: Data reflects the held for investment commercial loan portfolio with commercial net charge-offs totaling $240 million. Net charge-offs on loans sold or moved to held-for-sale status in 3Q10 totaled $387 million. Total commercial net charge-offs were $627 million.

11

Total commercial loans ($42.9 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%	1%	1%	1%	14%	18%
	NPA ratio	36.2%	41.7%	24.0%	18.3%	13.7%	4.8%	9.3%
	NCO ratio	10.3%	18.6%	6.8%	4.8%	14.5%	2.0%	4.0%
Owner-occupied RE	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	13%	13%
	NPA ratio	0.0%	21.9%	9.1%	0.0%	0.8%	4.4%	4.5%
	NCO ratio	0.0%	16.2%	3.0%	0.0%	0.1%	1.6%	1.7%
C&I	Loans (% of total)	<1%	<1%	1%	<1%	<1%	60%	61%
	NPA ratio	12.8%	8.0%	11.0%	9.6%	9.4%	2.1%	2.3%
	NCO ratio	0.5%	NM	7.3%	NM	9.8%	1.9%	1.9%
Commercial lease	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	8%	8%
	NPA ratio	0.0%	0.0%	0.0%	0.0%	0.0%	1.2%	1.2%
	NCO ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%	0.1%
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%	2%	1%	1%	95%	100%
	NPA ratio	32.2%	38.9%	18.4%	15.3%	12.3%	2.7%	3.7%
	NCO ratio	8.8%	17.6%	6.5%	3.2%	13.1%	1.7%	2.2%
Florida	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	7%	8%
	NPA ratio	86.7%	66.0%	31.9%	8.3%	16.6%	5.8%	9.5%
	NCO ratio	3.5%	32.5%	NM	0.2%	17.3%	3.1%	4.2%
Michigan	Loans (% of total)	<1%	<1%	<1%	<1%	<1%	15%	16%
	NPA ratio	32.1%	14.4%	16.8%	23.2%	9.5%	4.5%	5.3%
	NCO ratio	10.0%	23.2%	7.2%	8.1%	11.1%	2.0%	2.4%
Other	Loans (% of total)	1%	<1%	2%	<1%	1%	72%	73%
	NPA ratio	19.6%	35.0%	16.4%	16.1%	10.7%	2.1%	2.8%
	NCO ratio	9.8%	8.3%	8.0%	3.3%	11.2%	1.5%	1.9%
Total	Loans (% of total)	1%	1%	2%	1%	1%	95%	100%
	NPA ratio	32.2%	38.9%	18.4%	15.3%	12.3%	2.7%	3.7%
	NCO ratio	8.8%	17.6%	6.5%	3.2%	13.1%	1.7%	2.2%
Homebuilders / developers	Loans (% of total)	1%	1%	<1%	<1%	<1%	<1%	2%
(included in #’s above)	NPA ratio	32.2%	40.7%	35.5%	0.0%	0.0%	14.9%	34.0%
	NCO ratio	8.8%	17.6%	11.7%	0.0%	0.0%	6.1%	12.3%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

Note: Data reflects the held for investment commercial loan portfolio with commercial net charge-offs totaling $240 million. Net charge-offs on loans sold or moved to held-for-sale status in 3Q10 totaled $387 million. Total commercial net charge-offs were $627 million.

12

Total commercial loans ($42.9 billion)
		C&I	Commercial mortgage	Commercial construction	Other	Total
Accommodation	Loans (% of total)	1%	1%	<1%	<1%	2%
	NPA ratio	2.5%	4.8%	21.5%	0.0%	3.8%
	NCO ratio	0.9%	0.7%	NM	0.0%	0.7%
Auto manufacturing	Loans (% of total)	1%	<1%	<1%	<1%	1%
	NPA ratio	0.0%	0.7%	0.0%	0.0%	0.1%
	NCO ratio	0.4%	0.7%	0.0%	0.0%	0.4%
Construction	Loans (% of total)	3%	2%	2%	<1%	7%
	NPA ratio	4.9%	17.9%	21.5%	1.2%	12.7%
	NCO ratio	4.0%	6.3%	11.8%	0.6%	6.7%
Finance & insurance	Loans (% of total)	10%	<1%	<1%	<1%	10%
	NPA ratio	2.0%	2.9%	0.0%	5.2%	2.1%
	NCO ratio	0.5%	0.4%	0.0%	0.0%	0.5%
Manufacturing	Loans (% of total)	14%	1%	<1%	1%	16%
	NPA ratio	2.2%	2.2%	0.0%	0.9%	2.1%
	NCO ratio	1.0%	1.5%	0.0%	0.3%	1.0%
Real estate	Loans (% of total)	4%	13%	3%	<1%	20%
	NPA ratio	5.3%	6.5%	10.6%	0.6%	6.7%
	NCO ratio	8.9%	2.9%	4.4%	0.4%	4.3%
Retail trade	Loans (% of total)	2%	1%	<1%	<1%	3%
	NPA ratio	2.3%	5.2%	3.6%	0.0%	3.1%
	NCO ratio	4.7%	1.8%	0.3%	0.0%	3.4%
Auto retailers	Loans (% of total)	2%	1%	<1%	<1%	2%
	NPA ratio	1.0%	6.8%	8.0%	0.0%	2.5%
	NCO ratio	NM	1.3%	0.0%	0.0%	0.3%
Wholesale trade	Loans (% of total)	5%	1%	<1%	<1%	6%
	NPA ratio	0.4%	1.8%	3.5%	0.2%	0.6%
	NCO ratio	0.5%	0.8%	7.1%	0.0%	0.6%
Other	Loans (% of total)	21%	6%	1%	5%	32%
	NPA ratio	2.0%	3.0%	2.2%	1.2%	2.1%
	NCO ratio	1.8%	0.5%	3.8%	0.1%	1.3%
Total	Loans (% of total)	61%	26%	5%	8%	100%
	NPA ratio	2.3%	6.2%	12.4%	1.2%	3.7%
	NCO ratio	1.9%	2.3%	6.0%	0.1%	2.2%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

Note: Data reflects the held for investment commercial loan portfolio with commercial net charge-offs totaling $240 million. Net charge-offs on loans sold or moved to held-for-sale status in 3Q10 totaled $387 million. Total commercial net charge-offs were $627 million.

13

Total commercial loans ($42.9 billion)
		Florida	Michigan	Other	Total
Accommodation	Loans (% of total)	<1%	<1%	1%	2%
	NPA ratio	3.0%	7.8%	2.8%	3.8%
	NCO ratio	1.1%	2.2%	0.2%	0.7%
Auto manufacturing	Loans (% of total)	<1%	<1%	<1%	1%
	NPA ratio	0.0%	0.1%	0.0%	0.1%
	NCO ratio	0.0%	NM	1.0%	0.4%
Construction	Loans (% of total)	1%	1%	5%	7%
	NPA ratio	29.6%	9.0%	11.2%	12.7%
	NCO ratio	2.8%	3.3%	7.9%	6.7%
Finance & insurance	Loans (% of total)	<1%	1%	8%	10%
	NPA ratio	2.3%	2.8%	1.9%	2.1%
	NCO ratio	4.2%	0.2%	0.4%	0.5%
Manufacturing	Loans (% of total)	<1%	2%	14%	16%
	NPA ratio	1.2%	2.8%	2.0%	2.1%
	NCO ratio	13.3%	0.9%	0.6%	1.0%
Real estate	Loans (% of total)	2%	5%	13%	20%
	NPA ratio	18.8%	7.7%	4.0%	6.7%
	NCO ratio	9.4%	3.9%	3.4%	4.3%
Retail trade	Loans (% of total)	<1%	1%	2%	3%
	NPA ratio	5.3%	9.1%	1.1%	3.1%
	NCO ratio	2.6%	12.7%	0.8%	3.4%
Auto retailers	Loans (% of total)	<1%	<1%	2%	2%
	NPA ratio	1.5%	3.2%	2.4%	2.5%
	NCO ratio	NM	0.4%	0.3%	0.3%
Wholesale trade	Loans (% of total)	<1%	1%	5%	6%
	NPA ratio	0.0%	1.7%	0.5%	0.6%
	NCO ratio	0.1%	1.2%	0.6%	0.6%
Other	Loans (% of total)	3%	4%	26%	32%
	NPA ratio	1.9%	3.2%	1.9%	2.1%
	NCO ratio	0.6%	0.7%	1.5%	1.3%
Total	Loans (% of total)	8%	16%	76%	100%
	NPA ratio	9.5%	5.3%	2.8%	3.7%
	NCO ratio	4.2%	2.4%	1.9%	2.2%

NPAs exclude loans held-for-sale

NPA ratio calculated as nonperforming assets/end-of-period loans

Note: Percentages may not sum due to rounding

Note: Data reflects the held for investment commercial loan portfolio with commercial net charge-offs totaling $240 million. Net charge-offs on loans sold or moved to held-for-sale status in 3Q10 totaled $387 million. Total commercial net charge-offs were $627 million.

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