EX-99.2

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, including the Dodd-Frank Wall Street Reform and

Consumer Protection Act; (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 from the separation of Vantiv, LLC, formerly 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.

Net income available to common shareholders of $376mm ($0.40 per

diluted common share), vs. $421mm ($0.45 per

share) in 1Q12 and $328mm ($0.35 per share) in 2Q11

—

Results included a benefit of $56mm pre-tax gain (~$36mm after-tax, or $0.04 per share) on the valuation of the

warrant Fifth Third holds in Vantiv; 1Q12 included Vantiv related benefits of ~$0.09 per share

—

Effective tax rate of 31.8% vs. 28.6% in 1Q12; seasonal increase

in income taxes of $19mm (after-tax) related to

expiration of stock options

—

Return on assets (ROA) of 1.32%; return on average common equity

of 11.4%; return on average tangible common

equity** of 14.1%

Credit trends remain favorable

—

Net charge-offs (NCOs) of $181mm (0.88% of loans and leases) down $39mm (20

bps) vs. 1Q12; lowest since 4Q07

—

Provision expense of $71mm, down $20mm vs. 1Q12; loan loss allowance down $110mm sequentially; allowance

to loan ratio of 2.45%, 125% of nonperforming assets (NPAs), 150% of nonperforming loans and leases (NPLs),

and 2.8 times 2Q12 annualized NCOs

—

Total NPAs of $1.7B including loans held-for-sale (HFS) down $111mm, or 6%, from 1Q12; NPAs excluding loans

HFS of $1.6B down $54mm, or 3%; lowest since 1Q08

—

NPA ratio of 1.96% down 7 bps from 1Q12, NPL ratio of 1.62% down

2 bps from 1Q12

—

Total delinquencies (loans 30-89 days past due and

90 days past due) down 2% sequentially, lowest since 2005

Strong capital ratios*

2Q12 in review

* Capital ratios estimated; presented under current U.S. capital regulations. U.S. banking regulators have recently proposed new capital rules for U.S. banks as well as

changes to risk-weightings (“the Standardized Approach”). The proposals have been presented for public comment. We are currently evaluating these proposals and their

potential impact.

** Non-GAAP measure; see Reg. G reconciliation in appendix.

*** Pro forma regulatory capital ratios for Fifth Third as of June 30, 2012, including the impact of Fifth Third’s call of $1.4 billion in trust preferred securities (“TruPS”) in

July of 2012, were as follows: Tier 1 Capital ratio of 11.0%, Total capital ratio of 14.9% and leverage ratio of 10.1%.

—

Tier 1 common ratio 9.77%**, up 13 bps sequentially

—

Tier 1 capital ratio 12.31%***, Total capital ratio 16.24%***, Leverage ratio 11.39%***

—

Tangible common equity ratio** of 9.15% excluding unrealized gains/losses; 9.49% including them

—

Book value per share of $14.56; tangible book value per share** of $11.89 up 2% from 1Q12 and 13% from 2Q11

Financial summary

•

2Q12 earnings of $0.40 per diluted share included benefit of $56mm ($0.04 per share after-tax) on the valuation of the

warrant Fifth Third holds in Vantiv

compared with

1Q12 EPS of $0.45, which included net Vantiv-related benefits of

$127 million ($0.09 per share after-tax).

•

Return on assets of 1.32% up 10 bps compared with 2Q11 due to strong core results resulting from focus on fee

income, continued expense management, and higher gains on Vantiv

warrants

Actual

Seq.

YOY

($ in millions)

2Q11

1Q12

2Q12

Average Balances

Commercial loans*

$43,570

$45,913

$46,886

$973

$3,316

Consumer loans*

34,367

35,587

35,700

113

1,333

Total loans & leases*

$77,937

$81,500

$82,586

$1,086

$4,649

Core deposits

$78,244

$81,686

$81,980

$294

$3,736

Income Statement Data

Net interest income (taxable equivalent)

$869

$903

$899

($4)

$30

Provision for loan and lease losses

113

(20)

(21%)

(42)

(37%)

Noninterest income

656

769

678

(91)

(12%)

Noninterest expense

901

973

937

(36)

(4%)

Net Income

$337

$430

$385

($45)

(10%)

$48

14%

Net income available to common shareholders

$328

$421

$376

($45)

(11%)

$48

15%

Pre-provision net revenue^

$619

$694

$636

($58)

(8%)

$17

Earnings per share, diluted

$0.35

$0.45

$0.40

($0.05)

(11%)

$0.05

14%

Net interest margin

3.62%

3.61%

3.56%

(5bps)

(1%)

(6bps)

(2%)

Return on average assets

1.22%

1.49%

1.32%

(17bps)

(11%)

10bps

Return on average common equity

11.0%

13.1%

11.4%

(170bps)

(13%)

40bps

Return on average tangible common equity^

14.0%

16.2%

14.1%

(210bps)

(13%)

10bps

* Excluding loans held-for-sale

Non-GAAP measure; See Reg. G reconciliation in appendix

Note: Numbers may not sum due to rounding and percentages are calculated on actual dollar amounts not the rounded dollar amounts

Net interest income

NII and NIM (FTE)

•

Sequential net interest income decline reflected asset yield compression in loans and

securities, partially offset by growth in C&I and residential mortgage loan balances

–

NII down $4mm sequentially and up $30mm, or 3%, year-over-year

–

NIM down 5 bps sequentially and 6 bps year-over-year

•

Yield on interest-earning assets declined 10 bps sequentially and 29 bps year-over-year

* Represents purchase accounting adjustments included in net interest income.

($mm)

Yield Analysis

2Q11

1Q12

2Q12

Seq.

(bps)

YoY

(bps)

Commercial and industrial loans

4.35%

4.20%

4.13%

(7)

(22)

Commercial mortgage loans

4.00%

3.95%

3.81%

(14)

(19)

Commercial construction loans

3.01%

3.04%

3.05%

Commercial leases

4.06%

3.79%

3.68%

(11)

(38)

Residential mortgage loans

4.54%

4.17%

4.12%

(5)

(42)

Home equity

3.91%

3.85%

3.80%

(5)

(11)

Automobile loans

4.81%

3.99%

3.76%

(23)

(105)

Credit card

9.91%

9.43%

9.92%

Other consumer loans and leases

22.02%

40.13%

42.87%

274

Total loans and leases

4.54%

4.34%

4.26%

(8)

(28)

Taxable securities

3.97%

3.68%

3.48%

(20)

(49)

Tax exempt securities

6.41%

5.60%

5.02%

(58)

(139)

Other short-term investments

0.25%

0.26%

0.24%

(2)

(1)

Total interest-earning assets

4.37%

4.18%

4.08%

(10)

(29)

Total interest-bearing liabilities

1.00%

0.79%

0.73%

(6)

(27)

Net interest spread

3.37%

3.39%

3.35%

(4)

(2)

$899

3.62%

3.65%

3.67%

3.61%

3.56%

$450

$550

$650

$750

$850

$950

2.0%

2.5%

3.0%

3.5%

4.0%

2Q11

3Q11

4Q11

1Q12

2Q12

Net Interest Income (right axis)

PAA*

NIM

$869

$902

$920

$903

Balance sheet

•

C&I loans up 4% sequentially and 17% from 2Q11

•

CRE loans down 3% sequentially and 13% from

2Q11

•

Consumer loans were flat sequentially and up 4%

year-over-year

•

Average warehoused residential mortgage loans

held-for-sale were $1.8B in 2Q12 versus $2.1B in

1Q12

Flat QoQ; +5% YoY

•

Core deposit to loan ratio of 99% down 1% versus

2Q11

–

DDAs up 1% sequentially and 19% year-over-

year

–

Consumer average transaction deposits up

1% sequentially and 6% from the previous

year

–

Commercial average transaction deposits flat

sequentially and up 12% from the previous

year

Average loan growth ($B)^

Average core deposit growth ($B)

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

2Q11

3Q11

4Q11

1Q12

2Q12

Commercial Loans

Consumer Loans

2Q11

3Q11

4Q11

1Q12

2Q12

Demand

IBT/Savings/MMDA

Consumer CD/Core foreign

Noninterest income

•

Noninterest income of $678mm decreased $91mm, or 12%, from prior

quarter primarily due to the 1Q12 benefit of the

Vantiv, Inc. IPO; 3% year-over-year increase driven by higher Vantiv warrant valuation and mortgage banking

revenue

•

2Q12 debit interchange revenue of $30mm, versus $29mm in 1Q12 and $60mm in 2Q11

•

Credit costs recorded in noninterest income:

Noninterest income

Note: Numbers may not sum due to rounding

Actual

($ in millions)

2Q11

1Q12

2Q12

Gain / (loss) on sale of loans

Commercial loans HFS FV adjustment

(9)

(1)

(5)

Gain / (loss) on sale of OREO properties

(26)

(17)

(19)

Mortgage repurchase costs

(2)

Total credit-related revenue impact

($28)

($14)

($17)

Actual

Seq.

YOY

2Q11

1Q12

2Q12

($ in millions)

Service charges on deposits

$126

$129

$130

Corporate banking revenue

102

Mortgage banking net revenue

162

204

183

(21)

(10%)

13%

Investment advisory revenue

(3)

(4%)

(2)

(2%)

Card and processing revenue

(25)

(28%)

Other noninterest income

175

103

(72)

(41%)

25%

Securities gains, net

(6)

(67%)

(3)

(50%)

Securities gains, net -

non-qualifying hedges on MSRs

Noninterest income

$656

$769

$678

($91)

(12%)

$22

Noninterest expense

•

Noninterest expense of $937mm decreased $36mm, or 4%, compared with 1Q12 and included $17 million benefit

related to affordable housing investments and FDIC insurance. Lower employee benefit costs, partially offset by

increased marketing expenses, also contributed to the sequential

decline.

•

Credit costs recorded in noninterest expense:

Note: Numbers may not sum due to rounding

Actual

Seq.

YOY

2Q11

1Q12

2Q12

($ in millions)

Salaries, wages and incentives

$365

$399

$393

($6)

(2%)

$28

Employee benefits

112

(28)

(25%)

Net occupancy expense

(3)

(4%)

(1)

(1%)

Technology and communications

Equipment expense

(1)

(2%)

Card and processing expense

Other noninterest expense

277

281

Noninterest expense

$901

$973

$937

($36)

(4%)

$36

Actual

($ in millions)

2Q11

1Q12

2Q12

Mortgage repurchase expense

$14

$15

$18

Provision for unfunded commitments

(14)

(2)

(1)

Derivative valuation adjustments

(4)

(0)

OREO expense

Other problem asset related expenses

Total credit-related operating expenses

$36

$34

$41

Pre-tax pre-provision earnings*

PPNR trend

•

PPNR of $636mm down 8% from 1Q12 levels and up 3% over prior year

•

Adjusted

PPNR

$594mm,

including

negative

adjustments

totaling

$42mm,

sequentially and year-over-year

PPNR reconciliation

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

Income before income taxes (U.S. GAAP) (a)

$506

$530

$418

$603

$565

Add: Provision expense (U.S. GAAP) (b)

113

PPNR (a) + (b)

$619

$617

$473

$694

$636

Adjustments to remove (benefit) / detriment^:

Vantiv IPO gain

(115)

Vantiv debt refinancing

Valuation of 2009 Visa total return swap

Securities (gains) / losses

(6)

(26)

(5)

(9)

(3)

Non-income tax related assessment resolution

(23)

Vantiv warrants & puts

(29)

(3)

(10)

(46)

(56)

Extinguishment (gains) / losses

(6)

Termination of certain borrowings and hedging

transactions

Severance expense

Valuation of bank premises moved to HFS

FDIC insurance expense

(9)

Gain on sale of affordable housing

(8)

Litigation reserve additions

Adjusted PPNR

$582

$637

$531

$582

$594

Credit-related items^^:

In noninterest income

In noninterest expense

Credit-adjusted PPNR**

$646

$707

$608

$630

$652

* Non-GAAP measure. See Reg. G reconciliation in appendix.

** There are limitations on the usefulness of credit-adjusted PPNR, including the significant degree to which changes in credit and fair value are integral, recurring components of the

Bancorp’s core operations as a financial institution. This measure has been included herein to facilitate a greater understanding of the Bancorp’s financial condition.

^ Prior quarters include similar adjustments.

^^ See Slide 7 and Slide 8 for detailed breakout of credit-related items.

Net charge-offs

Net charge-offs by loan type

Net charge-offs by geography

$mm

Commercial

$78

43%

Consumer

$103

57%

Total

$181

100%

Year-over-year charge-offs down significantly due to improving credit trends

$mm

Florida

$41

23%

Michigan

$35

19%

Subtotal

$76

42%

Other

105

58%

Total

$181

100%

Actual

Seq.

YOY

($ in millions)

2Q11

1Q12

2Q12

C&I

$76

$54

$46

($8)

(15%)

($30)

(39%)

Commercial mortgage

(5)

(17%)

(22)

(47%)

Commercial construction

(18)

(100%)

(20)

(100%)

Commercial lease

(2)

450%

Commercial

$141

$102

$78

($24)

(24%)

($63)

(45%)

Residential mortgage loans

(1)

(3%)

Home equity

(7)

(15%)

(15)

(28%)

Automobile

(2)

(22%)

(1)

(13%)

Credit card

(2)

(10%)

(10)

(36%)

Other consumer

(3)

(50%)

(34)

(92%)

Consumer

$163

$118

$103

($15)

(13%)

($60)

(37%)

Total net charge-offs

$304

$220

$181

($39)

(18%)

($123)

(40%)

Net charge-offs ($mm)

$400

$300

$200

$100

$220

$181

$304

$262

$239

163

126

118

103

141

136

113

102

2Q11

3Q11

4Q11

1Q12

2Q12

C&I

25%

Coml

mortgage

14%

Coml

const.

Coml lease

Residential

mortgage

20%

Home

equity

22%

Auto

Card

10%

Other

consumer

19%

22%

13%

Other /

National

12%

23%

Commercial

Consumer

NPL Rollforward

Significant improvement in NPL inflows over past year

Note: Numbers may not sum due to rounding

NPL HFI Rollforward

Commercial

2Q11

3Q11

4Q11

1Q12

2Q12

Beginning NPL Amount

1,211

1,253

1,155

1,058

988

Transfers to nonperforming

340

217

189

168

203

Transfers to performing

(10)

(11)

(1)

Transfers to performing (restructured)

(1)

(2)

(4)

Transfers from held for sale

(3)

Transfers to held for sale

(15)

(58)

(3)

Loans sold from portfolio

(7)

(17)

(21)

(8)

(4)

Loan paydowns/payoffs

(91)

(77)

(149)

(94)

(123)

Transfer to other real estate owned

(39)

(20)

(14)

(36)

(15)

Charge-offs

(141)

(136)

(113)

(101)

(79)

Draws/other extensions of credit

Ending Commercial NPL

1,253

1,155

1,058

988

983

Consumer

2Q11

3Q11

4Q11

1Q12

2Q12

Beginning NPL Amount

434

386

383

380

364

Transfers to nonperforming

214

201

205

184

182

Transfers to performing

(34)

(33)

(28)

(36)

(26)

Transfers to performing (restructured)

(41)

(39)

(36)

(40)

Transfers to held for sale

Loans sold from portfolio

(21)

(4)

Loan paydowns/payoffs

(27)

(26)

(28)

(32)

Transfer to other real estate owned

(15)

(16)

(30)

(18)

Charge-offs

(126)

(91)

(87)

(80)

(72)

Draws/other extensions of credit

Ending Consumer NPL

386

383

380

364

359

Total NPL

1,639

1,538

1,438

1,352

1,342

Total new nonaccrual loans -

HFI

554

418

394

352

385

Mortgage repurchase overview

2Q12 balances of outstanding claims increased 23% from 1Q12

—

Within recent norms of quarterly increases and decreases

Virtually all sold loans and the majority of new claims relate to

agencies

Majority of outstanding balances of the serviced for others

portfolio relates to origination activity in 2009 and later

Private claims and exposure relate to whole loan sales (no

outstanding first mortgage securitizations)

Repurchase Reserves* ($ in millions)

Outstanding Counterparty Claims ($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

Beginning balance

$87

$80

$69

$72

$71

Net reserve additions

Repurchase losses

(23)

(31)

(17)

(16)

Ending balance

$80

$69

$72

$71

$75

* Includes reps and warranty reserve ($57mm) and reserve for loans sold with recourse ($19mm)

Note: Numbers may not sum due to rounding

% Current 42% 49% 41% 37%

41%

Fannie

Freddie

GNMA

Private

Total

2004 and Prior

$825

$3,789

$206

$323

$5,143

2005

295

1,263

137

1,750

2006

385

1,038

234

1,709

2007

606

1,688

203

2,572

2008

792

1,370

595

2,575

2009

1,506

7,176

3,404

12,087

2010

3,257

7,290

2,847

13,395

2011

3,962

7,255

2,361

13,578

2012

2,734

4,355

1,555

8,644

Grand Total

$14,361

$35,225

$11,150

$899

$61,635

Outstanding Balance of Sold Loans ($ in millions)

$20

$40

$60

$80

$100

$120

$140

$160

$180

2Q11

3Q11

4Q11

1Q12

2Q12

Agencies

Private

Total Claims

110

$127

$85

$66

$78

$96

—

Preponderance of private sales prior to 2006

2005-2008 vintages account for ~80% of total life to date losses of

$354mm from sold portfolio

—

99% of outstanding balance of loans sold

—

82% of current quarter outstanding claims

Traditional banking focus

consistent with direction of financial reform

Business

profile

positions

Fifth

Third

well

–

today

and

the

future

•

Does not require substantial changes to Fifth Third’s business model or asset mix with

attendant execution risk

Dodd-Frank

•

International activity primarily related to trade finance and lending to U.S. subsidiaries of

foreign companies (e.g. Fifth Third loss in Lehman bankruptcy expected to be less than

$2mm)

Financial system

interconnectedness

•

Little to no impact (de minimis market maker in derivatives, proprietary trading)

–

Low trading business activity; daily VaR ~$1mm or less

–

Small private equity portfolio <$200mm

Volcker rule

•

Other large firms facing significant litigation related to mortgage securitizations, GSE

repurchases, and private label mortgage repurchases

•

Fifth Third’s mortgage risks are manageable

–

Quarterly mortgage repurchase costs in ~$20mm range

–

No mortgage securitizations outstanding

Mortgage Putback /

Litigation risk

Basel III NPR

•

Subject

proposed

“standardized

approach”

for

risk-weightings

assets,

Market

Risk

Rule for trading assets and liabilities

•

Expect current capital ratios, as well as capital ratios pro forma for changes as currently

proposed and as if they were fully phased in today, would substantially exceed new

well-capitalized minimums including fully phased-in buffered minimums

•

Continue

evaluate

proposals

and

potential

impact;

believe

the

proposed

rules

would

increase risk-weighted assets and would lower estimated pro forma Tier 1 common ratio

relative to current Tier 1 common ratio of 9.8%

•

Proposed

rules

remain

subject

public

comment,

interpretation,

and

change

Well-positioned for the future

•

Holding company cash currently sufficient for more than 2 years of obligations; no holding company and minimal

Bank unsecured debt maturities until 2013

•

Fifth Third has completely exited all crisis-era government support programs

Superior capital and liquidity position

•

NCOs of 0.88%; 2.8x reserves / annualized NCOs

•

Substantial reduction in exposure to CRE since 1Q09; relatively low CRE exposure versus peers

•

Very low relative exposure to areas of concern, e.g. European financials, mortgage repurchase risk

Proactive approach to risk management

•

Traditional commercial banking franchise built on customer-oriented localized operating model

•

Strong market share in key markets with focus on further improving density

•

Fee income ~43% of total revenue

Diversified traditional banking platform

•

PPNR has remained strong throughout the credit cycle

•

PPNR substantially exceeds annual net charge-offs (351% PPNR / NCOs^ in 2Q12)

•

1.3% ROAA; 14% return on average tangible common equity^

Industry leader in earnings power

^ Non-GAAP measure. See Reg. G reconciliation on slides 32-33

–

Fifth Third is one of the few large banks that have no TLGP-guaranteed debt to refinance in 2012

Balance Sheet:

Average loans & leases (excl. HFS)

Average transaction deposits

Income Statement:

Net interest income*

Net interest margin*

Noninterest income

Noninterest expense

Pre-provision net revenue***

ROA

Effective tax rate

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: Outlook

3Q12 Outlook

$82.6B

$77.6B

Relatively stable ~$900mm +/-

Down ~2-3 bps +/-

vs. 2Q12

~$670mm +/-

~$970-$975mm +/-

ex-TruPS charge**

~$585 ex-TruPS charge**

>~1.25% ex-TruPS charge**

~28.5%

* Presented on a fully-taxable equivalent basis.

** Vantiv warrant gains $56mm in 2Q12. Estimated charge to write-off TruPS debt issuance cost ~$27mm in 3Q12.

*** Non-GAAP measure. See Reg. G reconciliation on slides 32-33.

^ Ratio 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.

^^ Annualized net charge-offs as a percentage of average loans and leases.

# Current period regulatory capital data ratios are estimated.

2Q12 Actual

Outlook as of July 19, 2012

Continued growth

Stable vs. 2Q12

Down ~$10mm vs. 2Q12

Lower vs. 2Q12

Down ~$100mm vs. 2Q12

$899mm

3.56%

$678mm ($622mm ex-Vantiv warrants**)

$937mm

$636mm ($580 ex-Vantiv warrants**)

1.3% (~1.2% ex-Vantiv warrants**)

32%

9.8%

11.4%

12.3%

16.2%

$181mm (0.88%^^)

$2.0B (2.45%)

$1.6B (1.96%)

Please see cautionary statement on slide 2 for risk factors related to forward-looking statements

European Exposure

Total exposure includes funded and unfunded commitments, net of collateral; funded exposure excludes unfunded exposure

Peripheral Europe includes Greece, Ireland, Italy, Portugal and Spain

Eurozone

includes

countries

participating

the

European

common

currency

(Euro)

Other Europe includes European countries not part of the Euro (primarily the United Kingdom and Switzerland)

Data above includes exposure to U.S. subsidiaries of Europe-domiciled companies

Note: Numbers may not sum due to rounding

•

International exposure primarily related to trade finance and financing activities of U.S. companies with

foreign parent or overseas activities of U.S. customers

•

No European sovereign exposure (total international sovereign exposure $3mm)

•

Total exposure to European financial institutions <$100mm

•

Total exposure to five peripheral Europe countries <$200mm

•

$881mm in funded exposure to Eurozone-related companies (~1% of total loan portfolio)

European Exposure

Total

Funded

Total

Funded

Total

Funded

Total

Funded

exposure

(amounts in $mms)

Peripheral Europe

161

119

176

119

Other Eurozone

1,297

762

1,322

787

Total Eurozone

1,458

881

1,498

906

Other Europe

771

441

796

461

Total Europe

2,229

1,322

2,294

1,367

Sovereigns

Financial Institutions

Non-Financial Entities

Total

Available and contingent borrowing capacity (2Q12):

–

FHLB ~$7B available, ~$12B total

–

Federal Reserve ~$25B

Holding Company cash at 6/30/12: $2.9B

Cash currently sufficient to satisfy all fixed obligations

in a stressed environment for more than 2 years

(debt maturities, common and preferred dividends,

interest and other expenses) without accessing capital

markets; relying on dividends from subsidiaries;

proceeds from asset sales

Expected cash obligations over the next 24 months

—

~$586mm common dividends

—

~$70mm Series G preferred dividends

—

~$919mm interest and other expenses

Holding company unsecured debt maturities ($mm)

Bank

unsecured

debt

maturities

($mm

–

excl.

Brokered

CDs)

Heavily core funded

Strong liquidity profile

4,249

S-T

wholesale

750

1,250

500

2012

2013

2014

2015

2016

2017

2018 on

Fifth Third Bancorp

Fifth Third Capital Trust (Bancorp)

$340

2012

2013

2014

2015

2016

2017

2018 on

$500

Demand

Interest

L-T debt

Liabilities

22%

checking

20%

Savings/

MMDA

22%

Consumer

time

Foreign

Office

Deposits

-T

S-T

borrowings

Other

Equity

12%

Non-Core

Troubled debt restructurings overview

Successive improvement in vintage performance during

2008 and 2009 as volume of modification increased

Of $1.8B in consumer TDRs, $1.6B were on accrual

status and $193mm were nonaccruals

—

$1.1B of TDRs are current and have been on the

books 6 or more months; within that, ~$1B 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 see much lower defaults on current loans after

a vintage approaches 12 months since

modification

TDR performance has improved in newer vintages

Source: Fifth Third and OCC/OTS data through 4Q11

Mortgage TDRs that are past due 60 days or more trend by vintage*

1Q08 3%

2Q08 7%

3Q08 7%

4Q08 8%

1Q09 11%

2Q09 12%

Months since modification

Volume by

vintage

3Q09 12%

$1.3B current consumer TDRs (%)

4Q09 7%

$1.1

billion

2008

2009-

2012

1Q10 7%

2Q10 5%

* Fifth Third data includes changes made to align with OCC/OTS methodology (i.e. excludes government loans, closed loans and OREO from calculations)

12%

15%

49%

< 6 months

6-12 months

12-

months

24 months

24+ months

50%

40%

30%

20%

10%

4Q11 3%

3Q10 5%

4Q10 4%

1Q11 4%

2Q11 4%

3Q11 3%

Commercial & industrial*

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 40% of total loans

and 25% of net charge-offs

•

34% of 2Q12 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $2.6B (8%);

2Q12 NCO ratio of 2.47%

•

FL represented 29% of 2Q12 losses, 7% of loans; MI

represented 10% of losses, 9% of loans

*NPAs exclude loans held-for-sale.

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$28,099

$29,258

$30,783

$32,155

$32,612

Avg Loans

$27,909

$28,777

$29,891

$31,371

$32,734

90+ days delinquent

as % of loans

0.02%

0.03%

0.01%

NPAs

$638

$588

$509

$474

$479

as % of loans

2.27%

2.01%

1.65%

1.47%

Net charge-offs

$76

$55

$62

$54

$46

as % of loans

1.10%

0.76%

0.82%

0.69%

0.57%

C&I

16%

14%

Other /

National

39%

Accommodation

Auto

Manufacturing

Construction

Finance &

Insurance

14%

Manufacturing

24%

Real Estate

Retail Trade

Auto Retailers

Wholesale

Trade

10%

Other

34%

Commercial mortgage*

Loans by geography

Credit trends

Loans by industry

Comments

*NPAs exclude loans held-for-sale.

•

Commercial mortgage loans represented 12% of total loans

and 14% of net charge-offs

•

Owner occupied 2Q12 NCO ratio of 0.7%, non-owner

occupied 2Q12 NCO ratio of 1.4%

•

Loans from FL/MI represented 38% of portfolio loans, 57% of

portfolio losses in 2Q12

Accomodation

Auto

Manufacturing

Construction

Finance &

Insurance

Manufacturing

Real Estate

43%

Retail Trade

Auto Retailers

Wholesale

Trade

Other

27%

25%

27%

11%

Other /

National

13%

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$10,233

$10,330

$10,138

$9,909

$9,662

Avg Loans

$10,394

$10,050

$10,262

$10,007

$9,810

90+ days delinquent

$12

$10

$30

$22

as % of loans

0.11%

0.10%

0.03%

0.30%

0.23%

NPAs

$710

$630

$637

$568

$555

as % of loans

6.78%

5.97%

6.15%

5.64%

5.66%

Net charge-offs

$47

$30

$25

as % of loans

1.83%

1.86%

1.82%

1.18%

1.04%

Commercial mortgage

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$597

$578

$512

$423

$376

90+ days delinquent

as % of loans

0.19%

0.59%

0.03%

0.15%

NPAs

$243

$207

$155

$123

$114

as % of loans

40.67%

30.73%

30.34%

29.06%

26.52%

Net charge-offs

$14

$18

$21

as % of loans

8.91%

11.50%

1.28%

20.12%

4.37%

Homebuilders/developers

Homebuilders/developers*

(included in previous slides)

Loans by geography

Credit trends

Loans by industry

Comments

•

Originations of builder/developer loans suspended in 2007

•

Remaining portfolio balance of $376mm, down 89% from

peak of $3.3B in 2Q08; represents <1% of total loans and <1%

of commercial loans

•

$4mm of NCOs (78% commercial mortgage, 13% commercial

construction, 9% C&I)

•

$114mm of NPAs (51% commercial mortgage, 40%

commercial construction, 9% C&I)

*NPAs exclude loans held-for-sale.

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$9,849

$10,249

$10,672

$11,094

$11,429

Avg Loans

$9,654

$10,006

$10,464

$10,828

$11,274

90+ days delinquent

$87

$91

$79

$73

$79

as % of loans

0.88%

0.89%

0.74%

0.66%

0.70%

NPAs

$338

$337

$350

$331

$322

as % of loans

3.43%

3.29%

3.28%

2.98%

2.82%

Net charge-offs

$36

$37

$36

as % of loans

1.50%

1.41%

1.38%

1.39%

1.28%

Residential mortgage

liens: 100%; weighted average LTV: 73.5%

Weighted average origination FICO: 751

Origination FICO distribution: <660 7%; 660-689 6%; 690-719 9%;

720-749 13%; 750+ 54%; Other^ 11%

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

Origination LTV distribution: <=70 36%; 70.1-80 38%; 80.1-90 7%;

90.1-95 4%; >95 15%

Vintage distribution: 2012 14%; 2011 26%; 2010 15%; 2009 5%;

2008 5%; 2007 6%; 2006 6%; 2005 10%; 2004 and prior 13%

% through broker: 13%; performance similar to direct

Loans by geography

Credit trends

Portfolio details

Comments

^ Includes acquired loans where FICO at origination is not available

•

Residential mortgage loans represented 14% of total loans

and 20% of net charge-offs

•

FL portfolio 15% of residential mortgage loans and 49% of

portfolio losses

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$9,462

$9,380

$9,232

$8,986

$8,919

90+ days delinquent

$61

$62

$56

$55

$50

as % of loans

0.64%

0.66%

0.62%

0.56%

Net charge-offs

$34

$35

$33

$31

$25

as % of loans

1.46%

1.50%

1.42%

1.39%

1.14%

Home equity - direct

($ in millions)

2Q11

3Q11

4Q11

1Q12

2Q12

EOP Balance

$1,586

$1,540

$1,487

$1,507

$1,458

90+ days delinquent

$23

$21

$18

$19

$17

as % of loans

1.46%

1.37%

1.24%

1.23%

1.15%

Net charge-offs

$20

$18

$17

$15

$14

as % of loans

4.95%

4.53%

4.54%

4.01%

3.76%

Home equity - brokered

Home equity loans represented 13% of total loans and 22% of net

charge-offs

Approximately 14% of portfolio in broker product generated 36%

total loss

Approximately

one

third

Fifth

Third

liens

are

behind

Fifth

Third 1

liens

2005/2006 vintages represent approximately 27% of portfolio;

account for 54% of losses

Aggressive home equity line management strategies in place

Home equity

1 liens: 32%; 2nd liens: 68%

Weighted average origination FICO: 750

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

720-749 17%; 750+ 52%; Other 7%

Average CLTV: 74%; Origination CLTV distribution: <=70 39%; 70.1-

80 23%; 80.1-90 19%; 90.1-95 7%; >95 12%

Vintage distribution: 2012 3%; 2011 4%; 2010 3%; 2009 4%; 2008

10%; 2007 10%; 2006 14%; 2005 13%; 2004 and prior 39%

% through broker channels: 14% WA FICO: 735 brokered, 753 direct;

WA CLTV: 88% brokered; 71% direct

Portfolio details

Comments

Brokered loans by geography

Direct loans by geography

Credit trends

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

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

2.2

29%

Commercial mortgage

1.2

13%

16%

Commercial construction

0.1

17%

45%

Commercial lease

0.0

Commercial

3.6

183

16%

22%

Mortgage

1.7

15%

147

46%

49%

Home equity

0.8

17%

11%

Auto

0.5

Credit card

0.1

Other consumer

0.0

12%

18%

Consumer

3.2

162

37%

23%

Total

6.8

345

21%

23%

Florida

Florida market*

Deterioration in real estate values having effect on credit trends as evidenced by elevated 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.

Weak commercial real estate market

Losses due to significant declines in

valuations

Valuations; relatively small home

equity portfolio

Loans ($B)

% of

FITB

NPAs ($M)

% of

FITB

NCOs

($M)

% of

FITB

Commercial loans

3.0

17%

10%

Commercial mortgage

2.5

25%

141

25%

41%

Commercial construction

0.1

11%

10%

Commercial lease

0.2

30%

(0)

Commercial

5.7

12%

239

20%

21%

Mortgage

1.7

15%

10%

13%

Home equity

2.1

20%

16%

24%

Auto

0.9

13%

Credit card

0.3

15%

18%

15%

Other consumer

0.1

21%

43%

16%

Consumer

5.1

14%

12%

18%

Total

10.8

13%

292

18%

19%

Michigan

Michigan market*

Deterioration in home price values coupled with weak economy impacted credit results 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.

Negative impact from housing

valuations, economy,

unemployment

Economic weakness impact on

commercial real estate market

28%

23%

16%

19%

13%

30%

14%

27%

28%

48%

12%

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

June

March

December

September

June

2012

2011

Income before income taxes (U.S. GAAP)

$565

$603

$418

$530

$506

Add:

Provision expense (U.S. GAAP)

113

Pre-provision net revenue (a)

636

694

473

617

619

Net income available to common shareholders (U.S. GAAP)

376

421

305

373

328

Add:

Intangible amortization, net of tax

Tangible net income available to common shareholders

378

424

308

376

332

Tangible net income available to common shareholders (annualized) (b)

1,520

1,705

1,222

1,492

1,332

Average Bancorp shareholders' equity (U.S. GAAP)

13,628

13,366

13,147

12,841

12,365

Less:

Average preferred stock

398

Average goodwill

2,417

Average intangible assets

Average tangible common equity (c)

10,779

10,513

10,290

9,979

9,498

Total Bancorp shareholders' equity (U.S. GAAP)

13,773

13,560

13,201

13,029

12,572

Less:

Preferred stock

(398)

Goodwill

(2,417)

Intangible assets

(33)

(36)

(40)

(45)

(49)

Tangible common equity, including unrealized gains / losses (d)

10,925

10,709

10,346

10,169

9,708

Less: Accumulated other comprehensive income / loss

(454)

(468)

(470)

(542)

(396)

Tangible common equity, excluding unrealized gains / losses (e)

10,471

10,241

9,876

9,627

9,312

Total assets (U.S. GAAP)

117,543

116,747

116,967

114,905

110,805

Less:

Goodwill

(2,417)

Intangible assets

(33)

(36)

(40)

(45)

(49)

Tangible assets, including unrealized gains / losses (f)

115,093

114,294

114,510

112,443

108,339

Less: Accumulated other comprehensive income / loss, before tax

(698)

(720)

(723)

(834)

(609)

Tangible assets, excluding unrealized gains / losses (g)

114,395

113,574

113,787

111,609

107,730

Common shares outstanding (h)

919

920

Net charge-offs (i)

181

220

239

262

304

Ratios:

Return on average tangible common equity (b) / (c)

14.1%

16.2%

11.9%

15.0%

14.0%

Tangible common equity (excluding unrealized gains/losses) (e) / (g)

9.15%

9.02%

8.68%

8.63%

8.64%

Tangible common equity (including unrealized gains/losses) (d) / (f)

9.49%

9.37%

9.04%

8.96%

Tangible book value per share (d) / (h)

11.89

11.64

11.25

11.05

10.55

Pre-provision net revenue / net charge-offs (a) / (i)

351%

315%

198%

235%

204%

For the Three Months Ended

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

June

March

December

September

June

2012

2011

Total Bancorp shareholders' equity (U.S. GAAP)

$13,773

$13,560

$13,201

$13,029

$12,572

Goodwill and certain other intangibles

(2,512)

(2,518)

(2,514)

(2,536)

Unrealized gains

(454)

(468)

(470)

(542)

(396)

Qualifying trust preferred securities

2,248

2,273

2,312

Other

Tier I capital

13,093

12,860

12,503

12,266

11,972

Less:

Preferred stock

(398)

Qualifying trust preferred securities

(2,248)

(2,273)

(2,312)

Qualifying noncontrolling interest in consolidated subsidiaries

(50)

(30)

Tier I common equity (a)

10,397

10,164

9,807

9,565

9,232

Risk-weighted assets, determined in accordance with

prescribed regulatory requirements (b)

106,398

105,412

104,945

102,562

100,320

Ratios:

Tier I common equity (a) / (b)

9.77%

9.64%

9.35%

9.33%

9.20%

For the Three Months Ended