Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

	Three Months Ended		Six Months Ended
	6/30/2012		6/30/2012
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	77	$	161
One-Third of Rents, Net of Income from Subleases		7		14
Total Fixed Charges	$	84	$	175
Earnings:
Income Before Income Taxes	$	565	$	1,168
Fixed Charges		84		175
Total Earnings	$	649	$	1,343
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits		7.73x		7.67x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	132	$	274
One-Third of Rents, Net of Income from Subleases		7		14
Total Fixed Charges	$	139	$	288
Earnings:
Income Before Income Taxes	$	565	$	1,168
Fixed Charges		139		288
Total Earnings	$	704	$	1,456
Ratio of Earnings to Fixed Charges, Including Interest On Deposits		5.06x		5.06x