EX-12.2 3 dex122.htm COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO COMBINED FIXED CHARGES Computations of Consolidated Ratios of Earnings to Combined Fixed Charges

Exhibit 12.2

Fifth Third Bancorp

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

($ In Millions)

 

Excluding Interest on Deposits:    Three Months
Ended
6/30/2011
     Six Months
Ended
6/30/2011
 

Fixed Charges:

     

Interest Expense (excluding interest on deposits)

   $ 84       $ 159   

One-Third of Rents, Net of Income from Subleases

     7         13   

Preferred Stock Dividends

     9         185   
  

 

 

    

 

 

 

Total Fixed Charges

   $ 100       $ 357   
  

 

 

    

 

 

 

Earnings:

     

Income Before Income Taxes

   $ 506       $ 883   

Fixed Charges - Excluding Preferred Stock Dividends

     91         172   
  

 

 

    

 

 

 

Total Earnings

   $ 597       $ 1,055   
  

 

 

    

 

 

 

Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits

     6.00x         2.95x   
  

 

 

    

 

 

 

Including Interest on Deposits:

     

Fixed Charges:

     

Interest Expense

   $ 181       $ 362   

One-Third of Rents, Net of Income from Subleases

     7         13   

Preferred Stock Dividends

     9         185   
  

 

 

    

 

 

 

Total Fixed Charges

   $ 197       $ 560   
  

 

 

    

 

 

 

Earnings:

     

Income Before Income Taxes

   $ 506       $ 883   

Fixed Charges - Excluding Preferred Stock Dividends

     188         375   
  

 

 

    

 

 

 

Total Earnings

   $ 694       $ 1,258   
  

 

 

    

 

 

 

Ratio of Earnings to Fixed Charges, Including Interest On Deposits

     3.53x         2.25x