Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

	Three Months Ended 3/31/2012
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	84
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	91
Earnings:
Income Before Income Taxes	$	603
Fixed Charges		91
Total Earnings	$	694
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits		7.63x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	142
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	149
Earnings:
Income Before Income Taxes	$	603
Fixed Charges		149
Total Earnings	$	752
Ratio of Earnings to Fixed Charges, Including Interest On Deposits		5.05x