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 18, 2012

(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 18, 2012, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2012. 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 18, 2012, Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2012. 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. A copy of this item is attached as Exhibit 99.2. The information in this Form 8-K and Exhibit 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 18, 2012

    Exhibit 99.2 – Second Quarter Earnings Conference Call

    Exhibit 99.3 – Quarterly Financial Supplement

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 18, 2012	/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 18, 2012
	Laura Wehby (Investors)
	(513) 534-7407
	Debra DeCourcy, APR (Media)
	(513) 534-4153

FIFTH THIRD ANNOUNCES THIRD QUARTER 2012 NET INCOME

TO COMMON SHAREHOLDERS OF $354 MILLION OR $0.38 PER DILUTED SHARE

• 3Q12 net income available to common shareholders of $354 million, or $0.38 per diluted common share, vs. $376 million, or $0.40 per diluted share, in 2Q12 and $373 million, or $0.40 per diluted share, in 3Q11

• 3Q12 results included $26 million pre-tax in debt extinguishment costs (~$17 million after-tax, or $0.02 per share) associated with the August redemption of trust preferred securities (TruPS); a $16 million pre-tax negative adjustment (~$10 million after-tax, or $0.01 per share) on the valuation of the warrant Fifth Third holds in Vantiv; and $11 million in pre-tax income (~$8 million after-tax, or $0.01 per share) on the sale of certain Fifth Third funds. 3Q12 results also included additional charges of $24 million (~$16 million after-tax, or $0.02 per share) related to an increase in mortgage representation and warranty reserve

• 2Q12 results included a $56 million pre-tax gain (~$36 million after-tax, or $0.04 per share) on the valuation of the warrant Fifth Third holds in Vantiv

• 3Q12 return on assets (ROA) of 1.23%; return on average common equity of 10.4%; return on average tangible common equity** of 12.8%

• Pre-provision net revenue (PPNR)** of $568 million in 3Q12, or $617 million excluding items noted on following page

• Net interest income (FTE) of $907 million, up 1% sequentially; net interest margin 3.56%

• Noninterest income of $671 million included $16 million negative valuation adjustment on Vantiv warrant and $13 million in gains recognized from sale of certain Fifth Third funds

• Noninterest expense of $1.0 billion included $26 million of debt extinguishment costs associated with 3Q12 TruPS redemptions and $22 million in additional expenses resulting from increase in mortgage representation and warranty reserve

• 3Q12 effective tax rate of 27.7%; elevated level of 31.8% in 2Q12 due to seasonal stock options expirations

• Credit trends remain favorable

• 3Q12 net charge-offs of $156 million (0.75% of loans and leases) vs. 2Q12 NCOs of $181 million and 3Q11 NCOs of $262 million; lowest NCO level since 3Q07; 3Q12 provision expense of $65 million compared with 2Q12 provision of $71 million and 3Q11 provision of $87 million

• Loan loss allowance declined $91 million sequentially reflecting continued improvement in credit trends; allowance to loan ratio of 2.32%, 133% of nonperforming assets, 167% of nonperforming loans and leases, and 3.1 times 3Q12 annualized net charge-offs

• Total nonperforming assets (NPAs) of $1.5 billion including loans held-for-sale (HFS) declined $190 million, or 11%, sequentially; NPAs excluding loans HFS of $1.4 billion declined $173 million, or 11%; lowest since 4Q07; NPA ratio of 1.73% down 23 bps from 2Q12, NPL ratio of 1.38% down 24 bps from 2Q12

• Total delinquencies (includes loans 30-89 days past due and over 90 days past due) down 5% sequentially, lowest levels since 2005

• Strong capital ratios*; repurchased ~22 million common shares through share repurchase transaction expected to settle in 4Q12 (~8 million impact on average share count)

• Tier 1 common ratio 9.67%**, down 10 bps sequentially (Basel III pro forma estimate of ~9%)

• Tier 1 capital ratio 10.85%, Total capital ratio 14.76%, Leverage ratio 10.09%

• Tangible common equity ratio** of 9.10% excluding unrealized gains/losses; 9.45% including them

• Book value per share of $14.84; tangible book value per share** of $12.12 up 2% from 2Q12 and 10% from 3Q11

* Capital ratios estimated; presented under current U.S. capital regulations. The pro forma Tier I common equity ratio is management’s estimate based upon its current interpretation of the three draft Federal Register notices proposing enhancements to regulatory capital requirements published in June 2012. The actual impact to the Bancorp’s Tier I common equity ratio may change significantly due to further clarification of the agencies proposals or revisions to the agencies final rules, which remain subject to public comment. See pp.15-16 for more information.

** Non-GAAP measure; see Reg. G reconciliation on page 34.

Fifth Third Bancorp (Nasdaq: FITB) today reported third quarter 2012 net income of $363 million, compared with net income of $385 million in the second quarter of 2012 and net income of $381 million in the third quarter of 2011. After preferred dividends, net income available to common shareholders was $354 million, or $0.38 per diluted share, in the third quarter of 2012, compared with $376 million, or $0.40 per diluted share, in the second quarter of 2012, and $373 million, or $0.40 per diluted share, in the third quarter of 2011.

Third quarter 2012 noninterest income included a $16 million negative valuation adjustment on the Vantiv warrant; $13 million in gains recognized on the sale of certain Fifth Third funds; and a $1 million reduction related to the valuation of the Visa total return swap. Net gains on investment securities were $2 million. Third quarter noninterest expense included $26 million of debt extinguishment costs associated with the redemption of Fifth Third Capital Trust V and Fifth Third Capital Trust VI TruPS, a $5 million benefit from the sale of affordable housing investments, and $2 million of expenses associated with the sale of certain Fifth Third funds. Results also included an additional $24 million of charges associated with the increase of the mortgage representation and warranty reserve.

Second quarter 2012 noninterest income included a $56 million positive valuation adjustment on the Vantiv warrant; a $17 million negative valuation adjustment associated with bank premises held-for-sale; and an $11 million reduction related to the valuation of the Visa total return swap. Net gains on investment securities were $3 million. Second quarter noninterest expense was reduced by $17 million related to affordable housing investments and FDIC insurance. Third quarter 2011 noninterest income included a $17 million reduction in other noninterest income related to the valuation of a total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares, a $3 million positive valuation adjustment on Vantiv puts and warrants, and net gains on investment securities of $26 million. Third quarter 2011 noninterest expense included $28 million related to the termination of certain FHLB borrowings and hedging transactions.

Earnings Highlights

	For the Three Months Ended															% Change
	September 2012			June 2012			March 2012			December 2011			September 2011			Seq			Yr/Yr
Earnings ($ in millions)
Net income attributable to Bancorp	$	363		$	385		$	430		$	314		$	381			(6	)%		(5	)%
Net income available to common shareholders	$	354		$	376		$	421		$	305		$	373			(6	)%		(5	)%
Common Share Data
Earnings per share, basic		0.39			0.41			0.46			0.33			0.41			(5	)%		(5	)%
Earnings per share, diluted		0.38			0.40			0.45			0.33			0.40			(5	)%		(5	)%
Cash dividends per common share		0.10			0.08			0.08			0.08			0.08			25	%		25	%
Financial Ratios
Return on average assets		1.23	%		1.32	%		1.49	%		1.08	%		1.34	%		(7	)%		(8	)%
Return on average common equity		10.4			11.4			13.1			9.5			11.9			(9	)%		(12	)%
Return on average tangible common equity		12.8			14.1			16.2			11.9			14.9			(9	)%		(14	)%
Tier I capital		10.85			12.31			12.20			11.91			11.96			(12	)%		(9	)%
Tier I common equity		9.67			9.77			9.64			9.35			9.33			(1	)%		4	%
Net interest margin (a)		3.56			3.56			3.61			3.67			3.65			—			(2	)%
Efficiency (a)		63.7			59.4			58.3			67.5			60.4			7	%		5	%
Common shares outstanding (in thousands)		897,467			918,913			920,056			919,804			919,779			(2	)%		(2	)%
Average common shares outstanding (in thousands):
Basic		904,475			913,541			915,226			914,997			914,947			(1	)%		(1	)%
Diluted		944,821			954,622			957,416			956,349			955,490			(1	)%		(1	)%

(a) Presented on a fully taxable equivalent basis

The percentages in all of the tables in this earning release are calculated on actual dollar amounts not the rounded dollar amounts.

“Third quarter earnings were highlighted by solid net interest income results and continued strong mortgage banking revenue, contributing to an ROA of 1.23 percent and a return on average common equity of 10.4 percent,” said Kevin Kabat, CEO of Fifth Third Bancorp. “We had success across our commercial bank and consumer lending businesses, with double-digit growth in corporate banking revenue, up 16 percent year-over-year, and mortgage banking revenue, up 13 percent year-over-year.

“Results reflect our strong support of customers and communities in the midst of a relatively weak economic recovery. Mortgage loans have increased 16 percent and C&I loans have increased 15 percent from a year ago. Transaction deposits were up 7 percent over last year and charged-off loans dropped to 75 basis points of loans and leases, down 14 percent sequentially and 40 percent compared with a year ago. The overall quality of our portfolios continues to improve and is clearly reflected in our results.

“Pursuant to our 2012 capital plan, we increased our common stock dividend to $0.10 per share in September and entered into a share repurchase agreement for $350 million of common stock. Our current capital levels and ability to generate capital are strong, and we expect to continue to return capital to shareholders in a prudent manner, absent any significant changes in the operating environment. Tangible book value per share increased 10 percent from a year ago, our tangible common equity ratio ended the quarter at 9.5 percent, and the Tier 1 common ratio was 9.7 percent.

“Our capabilities and business model continue to position Fifth Third well to compete in this environment and in the future.”

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Income Statement Highlights

	For the Three Months Ended										% Change
	September 2012		June 2012		March 2012		December 2011		September 2011		Seq			Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	907	$	899	$	903	$	920	$	902		1	%		1	%
Provision for loan and lease losses		65		71		91		55		87		(9	)%		(25	)%
Total noninterest income		671		678		769		550		665		(1	)%		1	%
Total noninterest expense		1,006		937		973		993		946		7	%		6	%
Income before income taxes (taxable equivalent)		507		569		608		422		534		(11	)%		(5	)%
Taxable equivalent adjustment		4		4		5		4		4		—			—
Applicable income taxes		139		180		173		104		149		(23	)%		(7	)%
Net income		364		385		430		314		381		(6	)%		(5	)%
Less: Net income attributable to noncontrolling interest		1		—		—		—		—		—			—
Net income attributable to Bancorp		363		385		430		314		381		(6	)%		(5	)%
Dividends on preferred stock		9		9		9		9		8		—			—
Net income available to common shareholders		354		376		421		305		373		(6	)%		(5	)%
Earnings per share, diluted	$	0.38	$	0.40	$	0.45	$	0.33	$	0.40		(5	)%		(5	)%

Net Interest Income

	For the Three Months Ended															% Change
	September 2012			June 2012			March 2012			December 2011			September 2011			Seq			Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	1,027		$	1,031		$	1,045		$	1,061		$	1,059			—			(3	)%
Total interest expense		120			132			142			141			157			(9	)%		(24	)%
Net interest income (taxable equivalent)	$	907		$	899		$	903		$	920		$	902			1	%		1	%
Average Yield
Yield on interest-earning assets (taxable equivalent)		4.03	%		4.08	%		4.18	%		4.23	%		4.28	%		(1	)%		(6	)%
Yield on interest-bearing liabilities		0.67	%		0.73	%		0.79	%		0.79	%		0.86	%		(8	)%		(22	)%
Net interest rate spread (taxable equivalent)		3.36	%		3.35	%		3.39	%		3.44	%		3.42	%		—			(2	)%
Net interest margin (taxable equivalent)		3.56	%		3.56	%		3.61	%		3.67	%		3.65	%		—			(2	)%
Average Balances ($ in millions)
Loans and leases, including held for sale	$	84,829		$	84,508		$	83,757		$	82,278		$	80,013			—			6	%
Total securities and other short-term investments		16,588			17,168			16,735			17,243			18,142			(3	)%		(9	)%
Total interest-earning assets		101,417			101,676			100,492			99,521			98,155			—			3	%
Total interest-bearing liabilities		72,026			73,162			72,219			71,467			72,473			(2	)%		(1	)%
Bancorp shareholders’ equity		13,887			13,629			13,366			13,147			12,841			2	%		8	%

Net interest income of $907 million on a fully taxable equivalent basis increased $8 million from the second quarter, with a $4 million decrease in interest income and a $12 million decrease in interest expense. Net interest income included approximately $10 million in non-recurring benefits during the third quarter, primarily associated with hedge ineffectiveness from the redeemed TruPS and income related to the auto securitization clean-up call. An additional day in the quarter contributed $6 million to the sequential increase in net interest income. The decline in interest income was primarily attributable to loan repricing, particularly in the C&I and auto portfolios; lower reinvestment rates on the securities portfolio and higher average securities balances during the second quarter from the pre-investment of a portion of portfolio cash flows; and lower purchase accounting accretion. These effects were partially offset by the benefit of net loan growth. Interest expense declined primarily as a result of lower deposit costs and a reduction in long-term debt expense of $4 million due to the redemption of $1.4 billion of TruPS in August.

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The net interest margin was 3.56 percent, consistent with 3.56 percent in the previous quarter, and benefited from the non-recurring items described above that, in total, contributed 4 bps to net interest margin. This impact was primarily offset by lower loan and securities yields, lower purchase accounting accretion (2 bps), and the negative effect of day count (1 bp). The margin otherwise benefited by 2 bps from the TruPS redemption.

Compared with the third quarter of 2011, net interest income increased $5 million, driven by the items noted above as well as higher average loan balances, run-off in higher-priced CDs and mix shift to lower cost deposit products, partially offset by lower asset yields. The net interest margin decreased 9 bps from a year ago.

Securities

Average securities and other short-term investments were $16.6 billion in the third quarter of 2012 compared with $17.2 billion in the previous quarter and $18.1 billion in the third quarter of 2011. The sequential decrease in average balances was related to the pre-investment in the second quarter of anticipated third quarter cash flows. The year-over-year decline was due to the timing of reinvestment in portfolio cash flows during 2011 as well as lower cash balances held at the Fed.

Loans

	For the Three Months Ended										% Change
	September 2012		June 2012		March 2012		December 2011		September 2011		Seq			Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial and industrial loans	$	33,111	$	32,734	$	31,371	$	29,891	$	28,777		1	%		15	%
Commercial mortgage		9,567		9,810		10,007		10,262		10,050		(2	)%		(5	)%
Commercial construction		742		873		992		1,132		1,752		(15	)%		(58	)%
Commercial leases		3,481		3,469		3,543		3,351		3,300		—			5	%
Subtotal - commercial loans and leases		46,901		46,886		45,913		44,636		43,879		—			7	%
Consumer:
Residential mortgage loans		11,578		11,274		10,828		10,464		10,006		3	%		16	%
Home equity		10,312		10,430		10,606		10,810		10,985		(1	)%		(6	)%
Automobile loans		11,812		11,755		11,882		11,696		11,445		—			3	%
Credit card		1,971		1,915		1,926		1,906		1,864		3	%		6	%
Other consumer loans and leases		314		326		345		402		441		(4	)%		(29	)%
Subtotal - consumer loans and leases		35,987		35,700		35,587		35,278		34,741		1	%		4	%
Total average loans and leases (excluding held for sale)	$	82,888	$	82,586	$	81,500	$	79,914	$	78,620		—			5	%
Average loans held for sale		1,941		1,920		2,257		2,364		1,393		1	%		39	%

Average loan and lease balances (excluding loans held-for-sale) increased $302 million sequentially and increased $4.3 billion, or 5 percent, from the third quarter of 2011. Period end loan and lease balances (excluding loans held-for-sale) increased $700 million, or 1 percent, sequentially and $3.8 billion, or 5 percent, from a year ago.

Average commercial portfolio loan and lease balances were up $15 million sequentially and increased $3.0 billion, or 7 percent, from the third quarter of 2011. Average C&I loans increased 1 percent sequentially and 15 percent compared with the third quarter of 2011. Average commercial mortgage and commercial

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construction loan balances combined declined 4 percent sequentially and 13 percent from the same period the previous year, reflecting continued low customer demand and business opportunities. Commercial line usage, on an end of period basis, was 32 percent of committed lines in the third quarter of 2012 compared with 32 percent in the second quarter of 2012 and 33 percent in the third quarter of 2011.

Average consumer portfolio loan and lease balances increased $287 million, or 1 percent, sequentially and $1.2 billion, or 4 percent, from the third quarter of 2011. Average residential mortgage loans increased 3 percent sequentially, reflecting strong originations due to continued refinancing activity associated with historically low interest rates as well as the continued retention of certain shorter term residential mortgage loans. Compared with the third quarter of 2011, average residential mortgage loans increased 16 percent and reflected the retention of these shorter term mortgage loans. Home equity loan balances declined 1 percent sequentially and 6 percent year-over-year due to lower demand and production. Average auto loans were flat sequentially and increased 3 percent year-over-year.

Average loans held-for-sale of $1.9 billion increased $21 million sequentially and $548 million compared with the third quarter of 2011 primarily driven by higher mortgage held-for-sale balances. Period end loans held-for-sale of $1.8 billion decreased $61 million from the previous quarter and $38 million from the third quarter of 2011.

Deposits

	For the Three Months Ended										% Change
	September 2012		June 2012		March 2012		December 2011		September 2011		Seq			Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	27,127	$	26,351	$	26,063	$	26,069	$	23,677		3	%		15	%
Interest checking		22,967		23,548		22,308		19,263		18,322		(2	)%		25	%
Savings		21,283		22,143		21,944		21,715		21,747		(4	)%		(2	)%
Money market		4,776		4,258		4,543		5,255		5,213		12	%		(8	)%
Foreign office (a)		1,345		1,321		2,277		3,325		3,255		2	%		(59	)%
Subtotal - Transaction deposits		77,498		77,621		77,135		75,627		72,214		—			7	%
Other time		4,224		4,359		4,551		4,960		6,008		(3	)%		(30	)%
Subtotal - Core deposits		81,722		81,980		81,686		80,587		78,222		—			4	%
Certificates - $100,000 and over		3,016		3,130		3,178		3,085		3,376		(4	)%		(11	)%
Other		32		23		19		16		7		41	%		NM
Total deposits	$	84,770	$	85,133	$	84,883	$	83,688	$	81,605		—			4	%

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

Average core deposits declined $258 million sequentially and increased $3.5 billion, or 4 percent, from the third quarter of 2011. Average transaction deposits, which are included in core deposits, decreased $123 million from the second quarter of 2012 primarily driven by lower savings and interest checking balances partially offset by higher demand deposits and money market account balances. Year-over-year growth of $5.3 billion, or 7 percent, was driven by higher interest checking and demand deposits balances, partially offset by lower foreign office, savings, and money market account balances. Other time deposits decreased 3 percent sequentially and 30 percent from the third quarter of 2011.

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Commercial average transaction deposits were flat sequentially and increased 10 percent from the previous year. Sequential performance reflected higher demand deposits balances, partially offset by lower interest checking driven by public funds deposits. Year-over-year growth was primarily driven by higher inflows to interest checking and demand deposit account balances, partially offset by lower foreign office balances. Average public funds balances were $5.1 billion compared with $5.7 billion in the second quarter of 2012 and $5.6 billion in the third quarter of 2011.

Consumer average transaction deposits decreased 1 percent sequentially and increased 5 percent from the third quarter of 2011. The sequential decline reflected lower savings balances, which were partially offset by higher money market and demand deposit account balances. Year-over-year growth was primarily driven by increased interest checking and demand deposit balances partially offset by lower savings and money market account balances. Consumer CDs included in core deposits declined 3 percent sequentially, driven by customer reluctance to purchase CDs given the current low rate environment, and declined 30 percent year-over-year driven by maturities of higher-rate CDs.

Noninterest Income

	For the Three Months Ended											% Change
	September 2012		June 2012		March 2012		December 2011			September 2011		Seq			Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	128	$	130	$	129	$	136		$	134		(2	)%		(5	)%
Corporate banking revenue		101		102		97		82			87		(1	)%		16	%
Mortgage banking net revenue		200		183		204		156			178		9	%		13	%
Investment advisory revenue		92		93		96		90			92		(2	)%		—
Card and processing revenue		65		64		59		60			78		2	%		(17	)%
Other noninterest income		78		103		175		24			64		(24	)%		22	%
Securities gains, net		2		3		9		5			26		(33	)%		(92	)%
Securities gains, net - non-qualifying hedges on mortgage servicing rights		5		—		—		(3	)		6		NM			(24	)%
Total noninterest income	$	671	$	678	$	769	$	550		$	665		(1	)%		1	%

NM: Not Meaningful

Noninterest income of $671 million decreased $7 million sequentially, or 1 percent, and increased $6 million, or 1 percent, compared with prior year results. The sequential decline was primarily due to the decline in other noninterest income related to the impact of significant items described below partially offset by higher mortgage banking net revenue. The increase from a year ago reflected higher mortgage banking net revenue and corporate banking revenue, partially offset by lower net gains on investment securities, card and processing revenue, and service charges on deposits.

Third quarter 2012 noninterest income results included a $16 million negative valuation adjustment on the Vantiv warrant, compared with a $56 million positive valuation adjustment in the second quarter of 2012 and a $3 million positive valuation adjustment on the Vantiv warrant and put instruments in the third quarter of 2011. This quarter’s results also included $13 million in gains recognized on the sale of certain Fifth Third funds as well as a $1 million charge related to the valuation of the total return swap entered into as part of the 2009 sale of Visa, Inc. Class B shares. Negative valuation adjustments on this swap were $11 million in the second

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quarter of 2012 and $17 million in the third quarter of 2011. Second quarter 2012 results included $17 million in lower of cost or market adjustments associated with bank premises held-for-sale. Excluding these items, as well as investment securities gains in all periods, noninterest income of $673 million increased $26 million, or 4 percent, from the previous quarter and increased $20 million, or 3 percent, from the third quarter of 2011.

Service charges on deposits of $128 million decreased 2 percent from the second quarter and 5 percent compared with the same quarter last year. Retail service charges declined 9 percent sequentially and 19 percent compared with the third quarter of 2011 largely due to the full quarter effect of the elimination of daily overdraft fees on continuing customer overdraft positions late in the second quarter of 2012. Commercial service charges increased 3 percent sequentially and 6 percent compared with results a year ago due to increased treasury management sales and account growth.

Corporate banking revenue of $101 million decreased 1 percent from the second quarter of 2012 and increased 16 percent from the same period last year. The sequential decline was driven by seasonally lower foreign exchange revenue and lower interest rate derivatives revenue, partially offset by increased lease remarketing fees. The year-over-year increase was due to increased syndication fees, lease remarketing fees, institutional sales revenue and business lending fees, partially offset by lower letter of credit and foreign exchange revenue.

Mortgage banking net revenue was $200 million in the third quarter of 2012, a 9 percent increase from the second quarter of 2012 and a 13 percent increase from the third quarter of 2011. Third quarter 2012 originations were $5.8 billion, compared with $5.9 billion in the previous quarter and $4.5 billion in the third quarter of 2011. Third quarter 2012 originations resulted in gains of $226 million on mortgages sold reflecting higher gain on sale margins. This compares with gains of $183 million during the previous quarter and $119 million during the third quarter of 2011. Mortgage servicing fees this quarter were $62 million, compared with $63 million in the previous quarter and $59 million in the third quarter of 2011. Mortgage banking net revenue is also affected by net servicing asset value adjustments, which include mortgage servicing rights (MSR) amortization and MSR valuation adjustments (including mark-to-market adjustments on free-standing derivatives used to economically hedge the MSR portfolio). These net servicing asset valuation adjustments were negative $88 million in the third quarter of 2012 (reflecting MSR amortization of $48 million and MSR valuation adjustments of negative $40 million); negative $63 million in the second quarter of 2012 (MSR amortization of $41 million and MSR valuation adjustments of negative $22 million); and net zero in the third quarter of 2011 (MSR amortization of $34 million and MSR valuation adjustments of positive $34 million). The mortgage servicing asset, net of the valuation reserve, was $679 million at quarter end on a servicing portfolio of $62 billion.

Net gains on securities held as non-qualifying hedges for the MSR portfolio were $5 million in the third quarter of 2012, compared with none in the second quarter of 2012 and net gains of $6 million in the third quarter of 2011.

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Investment advisory revenue of $92 million decreased 2 percent sequentially and was flat year–over-year, driven by lower mutual fund fees largely due to the sale of certain Fifth Third funds, which closed in early September. Otherwise stable results reflected higher institutional trust and private client services fees, which benefited from improvement in equity and bond market values.

Card and processing revenue was $65 million in the third quarter of 2012, an increase of 2 percent sequentially and a decline of 17 percent from the third quarter of 2011. The sequential increase reflected higher transaction volumes and higher levels of consumer spending. The year-over-year decline was driven by the impact of debit interchange legislation, partially offset by mitigation activities and higher transaction volumes.

Other noninterest income totaled $78 million in the third quarter of 2012, compared with $103 million in the previous quarter and $64 million in the third quarter of 2011. Other noninterest income includes effects of the valuation of the Vantiv warrant and changes in income related to the valuation of the Visa total return swap. For periods ending September 30, 2012, June 30, 2012, and September 30, 2011, the impact of warrant and put option valuation adjustments were negative $16 million, positive $56 million, and positive $3 million, respectively, and reductions in income related to the Visa total return swap were $1 million, $11 million, and $17 million, respectively. Third quarter 2012 results also included $13 million in gains recognized on the sale of certain Fifth Third funds. Second quarter 2012 results also included $17 million in lower of cost or market adjustments associated with bank premises held-for-sale. Excluding the items detailed above, other noninterest income of $82 million increased approximately $7 million from the previous quarter and increased approximately $4 million from the third quarter of 2011.

Net credit-related costs recognized in other noninterest income were $14 million in the third quarter of 2012 versus $17 million last quarter and $25 million in the third quarter of 2011. Third quarter 2012 results included $2 million of net gains on sales of commercial loans held-for-sale and $3 million of fair value charges on commercial loans held-for-sale, as well as $11 million of losses on other real estate owned (OREO). Second quarter 2012 results included $8 million of net gains on sales of commercial loans held-for-sale and $5 million of fair value charges on commercial loans held-for-sale, as well as $19 million of losses on OREO. Third quarter 2011 results included $3 million of net gains on sales of commercial loans held-for-sale, $6 million of fair value charges on commercial loans held-for-sale, and $21 million of losses on OREO.

Net gains on investment securities were $2 million in the third quarter of 2012, compared with investment securities gains of $3 million in the previous quarter and $26 million in the third quarter of 2011.

9

Noninterest Expense

	For the Three Months Ended										% Change
	September 2012		June 2012		March 2012		December 2011		September 2011		Seq			Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	399	$	393	$	399	$	393	$	369		2	%		8	%
Employee benefits		79		84		112		84		70		(5	)%		14	%
Net occupancy expense		76		74		77		79		75		3	%		2	%
Technology and communications		49		48		47		48		48		2	%		3	%
Equipment expense		28		27		27		27		28		2	%		(1	)%
Card and processing expense		30		30		30		28		34		(1	)%		(13	)%
Other noninterest expense		345		281		281		334		322		23	%		7	%
Total noninterest expense	$	1,006	$	937	$	973	$	993	$	946		7	%		6	%

Noninterest expense of $1.0 billion increased 7 percent from the second quarter of 2012 and increased 6 percent from the third quarter of 2011. Third quarter 2012 expenses included $26 million of debt extinguishment costs associated with the redemption of Capital Trust V and Capital Trust VI TruPS, $22 million of additional expenses associated with the increase in the mortgage representation and warranty reserve, $5 million benefit from the sale of affordable housing investments, and $2 million of costs associated with the sale of certain Fifth Third funds. Second quarter 2012 expenses included a $9 million reduction to FDIC insurance expense and an $8 million benefit from the sale of affordable housing investments. Third quarter 2011 expenses included $28 million of costs related to the termination of certain FHLB borrowings and hedging transactions. Excluding these items, noninterest expense of $961 million increased 1 percent compared with the second quarter of 2012. Compared with the third quarter of 2011, noninterest expense, excluding the aforementioned items, increased $43 million, or 5 percent, compared with the third quarter of 2011 largely due to higher compensation costs reflecting higher revenue.

Credit costs related to problem assets recorded as noninterest expense totaled $59 million in the third quarter of 2012, compared with $40 million in the second quarter of 2012 and $45 million in the third quarter of 2011. Third quarter credit-related expenses included provisioning for mortgage repurchases of $36 million, compared with $18 million in the second quarter and $19 million a year ago. (Realized mortgage repurchase losses were $15 million in the third quarter of 2012, compared with $16 million last quarter and $31 million in the third quarter of 2011.) The increase in mortgage representation and warranty expense was primarily due to an increase in the reserve as a result of additional information obtained from Freddie Mac regarding future mortgage repurchases and file requests. As such, we were able to better estimate the losses that are probable on loans sold to Freddie Mac with representation and warranty provisions. (Freddie Mac loans represent approximately 56 percent of Fifth Third’s mortgage servicing portfolio.) Provision for unfunded commitments was a benefit of $2 million in the current quarter, compared with a benefit of $1 million last quarter and $10 million a year ago. Derivative valuation adjustments related to customer credit risk were positive $2 million this quarter versus net zero last quarter and $4 million in expense a year ago. OREO expense was $6 million this quarter, compared with $5 million last quarter and $7 million a year ago. Other problem asset-related expenses were $21 million in the third quarter, compared with $19 million the previous quarter and $25 million in the same period last year.

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Credit Quality

	For the Three Months Ended
	September 2012			June 2012			March 2012			December 2011			September 2011
Total net losses charged off ($ in millions)
Commercial and industrial loans	$	(29	)	$	(46	)	$	(54	)	$	(62	)	$	(55	)
Commercial mortgage loans		(28	)		(25	)		(30	)		(47	)		(47	)
Commercial construction loans		(4	)		—			(18	)		(4	)		(35	)
Commercial leases		(1	)		(7	)		—			—			1
Residential mortgage loans		(26	)		(36	)		(37	)		(36	)		(36	)
Home equity		(37	)		(39	)		(46	)		(50	)		(53	)
Automobile loans		(7	)		(7	)		(9	)		(13	)		(12	)
Credit card		(18	)		(18	)		(20	)		(21	)		(18	)
Other consumer loans and leases		(6	)		(3	)		(6	)		(6	)		(7	)
Total net losses charged off		(156	)		(181	)		(220	)		(239	)		(262	)
Total losses		(188	)		(219	)		(253	)		(280	)		(294	)
Total recoveries		32			38			33			41			32
Total net losses charged off	$	(156	)	$	(181	)	$	(220	)	$	(239	)	$	(262	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		0.75	%		0.88	%		1.08	%		1.19	%		1.32	%
Commercial		0.53	%		0.67	%		0.89	%		1.00	%		1.23	%
Consumer		1.04	%		1.15	%		1.34	%		1.43	%		1.43	%

Net charge-offs were $156 million in the third quarter of 2012, or 75 bps of average loans on an annualized basis, the lowest level since the third quarter of 2007. Net charge-offs declined 14 percent compared with second quarter 2012 net charge-offs of $181 million, and declined 40 percent versus third quarter 2011 net charge-offs of $262 million.

Commercial net charge-offs were $62 million, or 53 bps, down $16 million compared with $78 million, or 67 bps, in the second quarter driven by declines in C&I net charge-offs. Commercial net charge-offs were at the lowest level since the third quarter of 2007. C&I net losses were $29 million, down $17 million from $46 million in the previous quarter. Commercial mortgage net losses totaled $28 million, compared with net losses of $25 million in the previous quarter. Commercial construction net losses were $4 million in the third quarter, compared with no net losses in the prior quarter. Net losses on residential builder and developer portfolio loans across the C&I and commercial real estate categories totaled $3 million. Originations of homebuilder / developer loans were suspended in 2007 and the remaining portfolio balance is $376 million, down from a peak of $3.3 billion in the second quarter of 2008.

Consumer net charge-offs were $94 million, or 104 bps, down $9 million sequentially. Net charge-offs on residential mortgage loans in the portfolio were $26 million, down $10 million from the previous quarter. Home equity net charge-offs were $37 million, down $2 million from the second quarter. Net losses on brokered home equity loans represented 35 percent of third quarter home equity losses; such loans are 14 percent of the total home equity portfolio. The home equity portfolio included $1.4 billion of brokered loans, down from a peak of $2.6 billion in 2007; originations of these loans were discontinued in 2007. Net charge-offs in the auto portfolio of $7 million were flat compared with the prior quarter. Net losses on consumer credit card loans were $18 million, which were also flat compared with the previous quarter. Net charge-offs in other consumer loans were $6 million, up $3 million from the previous quarter.

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	For the Three Months Ended
	September 2012			June 2012			March 2012			December 2011			September 2011
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	2,016		$	2,126		$	2,255		$	2,439		$	2,614
Total net losses charged off		(156	)		(181	)		(220	)		(239	)		(262	)
Provision for loan and lease losses		65			71			91			55			87
Allowance for loan and lease losses, ending		1,925			2,016			2,126			2,255			2,439
Reserve for unfunded commitments, beginning		178			179			181			187			197
Provision for unfunded commitments		(2	)		(1	)		(2	)		(6	)		(10	)
Reserve for unfunded commitments, ending		176			178			179			181			187
Components of allowance for credit losses:
Allowance for loan and lease losses		1,925			2,016			2,126			2,255			2,439
Reserve for unfunded commitments		176			178			179			181			187
Total allowance for credit losses	$	2,101		$	2,194		$	2,305		$	2,436		$	2,626
Allowance for loan and lease losses ratio
As a percent of loans and leases		2.32	%		2.45	%		2.59	%		2.78	%		3.08	%
As a percent of nonperforming loans and leases (a)		167	%		150	%		157	%		157	%		158	%
As a percent of nonperforming assets (a)		133	%		125	%		127	%		124	%		125	%

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

Provision for loan and lease losses totaled $65 million in the third quarter of 2012, down $6 million from the second quarter of 2012 and down $22 million from the third quarter of 2011. The allowance for loan and lease losses declined $91 million sequentially reflecting continued improvement in credit trends. This allowance represented 2.32 percent of total loans and leases outstanding as of quarter end, compared with 2.45 percent last quarter, and represented 167 percent of nonperforming loans and leases, 133 percent of nonperforming assets, and 310 percent of third quarter annualized net charge-offs.

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	As of
Nonperforming Assets and Delinquent Loans ($ in millions)	September 2012			June 2012			March 2012			December 2011			September 2011
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	309		$	377		$	358		$	408		$	449
Commercial mortgage loans		263			357			347			358			353
Commercial construction loans		76			99			118			123			151
Commercial leases		5			3			8			9			13
Residential mortgage loans		126			135			135			134			142
Home equity		29			30			26			25			25
Automobile loans		—			1			1			—			—
Other consumer loans and leases		—			—			1			1			1
Total nonaccrual loans and leases	$	808		$	1,002		$	994		$	1,058		$	1,134
Restructured loans and leases - commercial (nonaccrual)		153			147			157			160			189
Restructured loans and leases - consumer (nonaccrual)		192			193			201			220			215
Total nonperforming loans and leases	$	1,153		$	1,342		$	1,352		$	1,438		$	1,538
Repossessed personal property		10			9			8			14			17
Other real estate owned (a)		283			268			313			364			389
Total nonperforming assets (b)	$	1,446		$	1,619		$	1,673		$	1,816		$	1,944
Nonaccrual loans held for sale		38			55			110			131			171
Restructured loans - commercial (nonaccrual) held for sale		5			5			7			7			26
Total nonperforming assets including loans held for sale	$	1,489		$	1,679		$	1,790		$	1,954		$	2,141
Restructured Consumer loans and leases (accrual)	$	1,641		$	1,634		$	1,624		$	1,612		$	1,601
Restructured Commercial loans and leases (accrual)	$	442		$	455		$	481		$	390		$	349
Total loans and leases 90 days past due	$	201		$	203		$	216		$	200		$	274
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		1.38	%		1.62	%		1.64	%		1.76	%		1.93	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		1.73	%		1.96	%		2.03	%		2.23	%		2.44	%

(a) Excludes government insured advances.

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

Total nonperforming assets, including loans held-for-sale, were $1.5 billion, a decline of $190 million, or 11 percent, from the previous quarter. Nonperforming assets held-for-investment (NPAs) were $1.4 billion or 1.73 percent of total loans, leases and OREO, and decreased $173 million, or 11 percent, from the previous quarter. Nonperforming loans held-for-investment (NPLs) at quarter end were $1.2 billion or 1.38 percent of total loans, leases and OREO, and decreased $189 million, or 14 percent, from the previous quarter.

Commercial portfolio NPAs were $1.0 billion, or 2.16 percent of commercial loans, leases and OREO, and decreased $165 million, or 14 percent, from the second quarter. Commercial portfolio NPLs were $806 million, or 1.71 percent of commercial loans and leases, and decreased $177 million from last quarter driven by declines in C&I and commercial mortgage NPLs. C&I portfolio NPAs of $406 million decreased $73 million from the previous quarter. Commercial mortgage portfolio NPAs were $489 million, down $66 million from the prior quarter. Commercial construction portfolio NPAs were $110 million, a decline of $31 million from the previous quarter. Commercial real estate loans in Michigan and Florida represented 45 percent of commercial real estate NPAs and 37 percent of our total commercial real estate portfolio. Within the overall commercial loan portfolio, residential real estate builder and developer portfolio NPAs of $104 million declined $9 million from the second quarter, of which $34 million were commercial construction assets, $59 million were commercial mortgage assets and $11 million were C&I assets. Commercial portfolio NPAs included $153 million of nonaccrual troubled debt restructurings (TDRs), compared with $147 million last quarter.

Consumer portfolio NPAs of $429 million, or 1.18 percent of consumer loans, leases and OREO, decreased $8 million from the second quarter. Consumer portfolio NPLs were $347 million, or 0.96 percent of consumer

13

loans and leases and decreased $12 million from last quarter. Of consumer NPAs, $379 million were in residential real estate portfolios. Residential mortgage NPAs were $317 million, $5 million lower than last quarter, with Florida representing 46 percent of residential mortgage NPAs and 15 percent of total residential mortgage loans. Home equity NPAs of $62 million were down $2 million compared with last quarter. Credit card NPAs decreased $3 million from the previous quarter to $39 million. Consumer nonaccrual TDRs were $192 million in the third quarter of 2012, compared with $193 million in the second quarter 2012.

Third quarter OREO balances included in portfolio NPA balances described above were $283 million, up $15 million from the second quarter, and included $208 million in commercial OREO and $75 million in consumer OREO. Repossessed personal property of $10 million consisted largely of autos.

Loans still accruing over 90 days past due were $201 million, down $2 million, or 1 percent, from the second quarter of 2012. Commercial balances 90 days past due of $24 million decreased $1 million sequentially. Consumer balances 90 days past due of $177 million were down $1 million from the previous quarter. Loans 30-89 days past due of $346 million decreased $24 million, or 7 percent, from the previous quarter driven by reductions in commercial real estate. Commercial balances 30-89 days past due of $24 million were down $37 million sequentially and consumer balances 30-89 days past due of $322 million increased $13 million from the second quarter, reflecting increases in credit card and auto.

Commercial nonaccrual loans held-for-sale were $43 million, compared with $60 million at the end of the second quarter. During the quarter $5 million of nonaccrual held-for-sale loans were sold; $9 million of nonaccrual commercial loans from the portfolio were transferred to loans held-for-sale, and $16 million of loans from loans held-for-sale were transferred to OREO. Negative valuation adjustments of $3 million were recorded on held-for-sale loans and net gains of $2 million were recorded on loans that were sold or settled during the quarter.

14

Capital Position

	For the Three Months Ended
	September 2012			June 2012			March 2012			December 2011			September 2011
Capital Position
Average shareholders’ equity to average assets		11.82	%		11.58	%		11.49	%		11.41	%		11.33	%
Tangible equity (a)		9.45	%		9.50	%		9.37	%		9.03	%		8.98	%
Tangible common equity (excluding unrealized gains/losses) (a)		9.10	%		9.15	%		9.02	%		8.68	%		8.63	%
Tangible common equity (including unrealized gains/losses) (a)		9.45	%		9.49	%		9.37	%		9.04	%		9.04	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)		9.74	%		9.84	%		9.80	%		9.41	%		9.39	%
Regulatory capital ratios: (c)
Tier I capital		10.85	%		12.31	%		12.20	%		11.91	%		11.96	%
Total risk-based capital		14.76	%		16.24	%		16.07	%		16.09	%		16.25	%
Tier I leverage		10.09	%		11.39	%		11.31	%		11.10	%		11.08	%
Tier I common equity (a)		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%
Book value per share		14.84			14.56			14.30			13.92			13.73
Tangible book value per share (a)		12.12			11.89			11.64			11.25			11.05

(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, reflecting growth in retained earnings, and included the impact of the redemption of TruPS during the quarter as well as the increase in the common dividend and share repurchase activity. Compared with the prior quarter, the Tier 1 common equity ratio* decreased 10 bps to 9.67 percent. The tangible common equity to tangible assets ratio* was 9.10 percent (excluding unrealized gains/losses) and 9.45 percent (including unrealized gains/losses). The Tier 1 capital ratio decreased 146 bps to 10.85 percent. The Total capital ratio decreased 148 bps to 14.76 percent and the Leverage ratio decreased 130 bps to 10.09 percent. The tier 1 common capital ratio was reduced during the quarter by approximately 33 bps due to the repurchase of $350 million in common shares. The Tier 1 and Total capital ratios were reduced by approximately 135 basis points due to the redemption of $1.4 billion in TruPS during the quarter.

Book value per share at September 30, 2012 was $14.84 and tangible book value per share* was $12.12, compared with June 30, 2012 book value per share of $14.56 and tangible book value per share of $11.89.

As previously announced, Fifth Third entered into a share repurchase agreement with a counterparty on August 23, 2012, whereby Fifth Third would purchase approximately $350 million of its outstanding common stock. For the quarter, this transaction reduced Fifth Third’s share count by 21.5 million shares on the initial transaction date, which had an 8 million impact on average share count. Fifth Third expects the settlement of this transaction to occur on or before November 26, 2012.

* Non-GAAP measure; see Reg. G reconciliation on page 34.

15

U.S. banking regulators have recently proposed new capital rules for U.S. banks as well as changes to risk-weightings for assets, which implement portions of rules proposed by international banking regulators known as Basel III and Basel II. Fifth Third would be subject to the proposed “standardized approach” for risk-weightings of assets and would be subject to the Market Risk Rule for trading assets and liabilities. These proposals have been presented for public comment. The Bancorp continues to evaluate these proposals and their potential impact. Its current estimate of the pro-forma fully phased in Tier I common equity ratio at September 30, 2012 under the proposed capital rules is approximately 9%** compared with 9.67%* as calculated under the existing Basel I capital framework. The primary drivers of the change from the existing Basel I capital framework to the Basel III proposal are an increase in Tier I common equity of approximately 50 bps (primarily from including AOCI) which would be more than offset by the impact of increases in risk-weighted assets (primarily from 1-4 family senior and junior lien residential mortgages and commitments with an original maturity of one year or less). The pro forma Tier I common equity ratio exceeds the proposed minimum Tier I common equity ratio of 7% comprised of a minimum of 4.5% plus a capital conservation buffer of 2.5%. The pro forma Tier I common equity ratio does not include the effect of any mitigating actions the Bancorp may undertake to offset the impact of the proposed capital enhancements. As noted, the proposed rules remain subject to public comment, interpretation, and change.

Under the Dodd-Frank Act financial reform legislation, trust preferred securities (“TruPS”) were to be phased out of Tier 1 capital over three years beginning in 2013. The new regulations proposed by U.S. banking regulators also propose to cease Tier 1 capital treatment for outstanding TruPS with a similar phasing period. Fifth Third’s Tier 1 and Total capital levels at September 30, 2012 included $810 million of TruPS, or 0.8 percent of risk weighted assets. On August 8, 2012, Fifth Third called the $862.5 million of Fifth Third Capital Trust VI TruPS due to a determination of a Capital Treatment Event. On August 15, 2012, Fifth Third called the $575 million of Fifth Third Capital Trust V TruPS. We will continue to evaluate the role of these types of securities in our capital structure, based on regulatory developments. To the extent these types of securities remain outstanding during and after the phase-in period they would be expected to continue to be included in Total capital, subject to final rule-making for U.S. capital standards.

Fifth Third is one of 31 large U.S. Bank Holding Companies (BHCs) subject to the Federal Reserve’s (FRB) Capital Plans Rule which was issued November 22, 2011, and is also subject to the FRB’s Comprehensive Capital Analysis & Review process for U.S. BHCs over $50 billion in assets. Under this CCAR rule, we are required to submit an annual capital plan to the Federal Reserve each January, for its objection or non-objection. On August 21, 2012, Fifth Third announced that the FRB did not object to the proposed capital actions in its June capital plan submission, which included the increase in the quarterly common stock dividend to $0.10 per share and the potential repurchase of up to $600 million shares through the first quarter of 2013 (in addition to any incremental repurchases related to any after-tax gains from the sale of Vantiv stock).

* Non-GAAP measure; see Reg. G reconciliation on page 34.

** The pro forma Tier I common equity ratio is management’s estimate based upon its current interpretation of the three draft Federal Register notices proposing enhancements to regulatory capital requirements published in June 2012. The actual impact to the Bancorp’s Tier I common equity ratio may change significantly due to further clarification of the agencies proposals or revisions to the agencies final rules, which remain subject to public comment.

16

Tax Rate

The effective tax rate was 27.7 percent this quarter compared with 31.8 percent in the second quarter. The elevated tax rate in the second quarter included tax expense of $19 million associated with the expiration of employee stock options.

Other

Fifth Third Bank owns 84 million units representing a 39 percent interest in Vantiv Holding, LLC. Based upon Vantiv’s closing price of $21.55 on September 28, 2012, our interest in Vantiv was valued at approximately $1.8 billion. Next month in our 10-Q, we will update our disclosure of the carrying value of our interest in Vantiv stock which was approximately $640 million as of June 30, 2012. The difference between the market value and our book value is not recognized in Fifth Third’s equity or capital. Additionally, Fifth Third has a warrant to purchase additional shares in Vantiv which is carried as a derivative asset at a fair value of $197 million.

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 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 1 by dialing 800-585-8367 for domestic access and 404-537-3406 for international access (passcode 25523698#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of September 30, 2012, the Company had $117 billion in assets and operated 15 affiliates with 1,320 full-service Banking Centers, including 104 Bank Mart^® locations open seven days a week inside select grocery stores and 2,404 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 39% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2012, had $300 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.”

17

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, 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 or the results of operations of Vantiv, LLC 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, 2012

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 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 2012			June 2012			September 2011			Seq			Yr/Yr			September 2012			September 2011			Yr/Yr
Income Statement Data
Net interest income (a)	$	907		$	899		$	902			1	%		1	%	$	2,709		$	2,655			2	%
Noninterest income		671			678			665			(1	%)		1	%		2,119			1,905			11	%
Total revenue (a)		1,578			1,577			1,567			—			1	%		4,828			4,560			6	%
Provision for loan and lease losses		65			71			87			(9	%)		(25	%)		227			368			(38	%)
Noninterest expense		1,006			937			946			7	%		6	%		2,918			2,765			6	%
Net income attributable to Bancorp		363			385			381			(6	%)		(5	%)		1,178			983			20	%
Net income available to common shareholders		354			376			373			(6	%)		(5	%)		1,152			789			46	%
Common Share Data
Earnings per share, basic	$	0.39		$	0.41		$	0.41			(5	%)		(5	%)	$	1.26		$	0.87			45	%
Earnings per share, diluted		0.38			0.40			0.40			(5	%)		(5	%)		1.23			0.86			43	%
Cash dividends per common share		0.10			0.08			0.08			25	%		25	%		0.26			0.20			30	%
Book value per share		14.84			14.56			13.73			2	%		8	%		14.84			13.73			8	%
Market price per share		15.51			13.40			10.10			16	%		54	%		15.51			10.10			54	%
Common shares outstanding (in thousands)		897,467			918,913			919,779			(2	%)		(2	%)		897,467			919,779			(2	%)
Average common shares outstanding (in thousands):
Basic		904,475			913,541			914,947			(1	%)		(1	%)		911,056			903,584			1	%
Diluted		944,821			954,622			955,490			(1	%)		(1	%)		952,259			947,231			1	%
Market capitalization	$	13,920		$	12,313		$	9,290			13	%		50	%	$	13,920		$	9,290			50	%
Financial Ratios
Return on assets		1.23	%		1.32	%		1.34	%		(7	%)		(8	%)		1.34	%		1.18	%		14	%
Return on average common equity		10.4	%		11.4	%		11.9	%		(9	%)		(12	%)		11.6	%		8.8	%		32	%
Return on average tangible common equity (b)		12.8	%		14.1	%		14.9	%		(9	%)		(14	%)		14.3	%		11.3	%		28	%
Noninterest income as a percent of total revenue		43	%		43	%		42	%		—			2	%		44	%		42	%		5	%
Average equity as a percent of average assets		11.82	%		11.58	%		11.33	%		2	%		4	%		11.65	%		11.41	%		2	%
Tangible common equity (c) (d)		9.10	%		9.15	%		8.63	%		(1	%)		5	%		9.10	%		8.63	%		5	%
Net interest margin (a)		3.56	%		3.56	%		3.65	%		—			(2	%)		3.58	%		3.66	%		(2	%)
Efficiency (a)		63.7	%		59.4	%		60.4	%		7	%		5	%		60.4	%		60.6	%		—
Effective tax rate		27.7	%		31.8	%		27.9	%		(13	%)		(1	%)		29.4	%		30.3	%		(3	%)
Credit Quality
Net losses charged off	$	156		$	181		$	262			(14	%)		(40	%)	$	557		$	933			(40	%)
Net losses charged off as a percent of average loans and leases		0.75	%		0.88	%		1.32	%		(15	%)		(43	%)		0.90	%		1.60	%		(44	%)
Allowance for loan and lease losses as a percent of loans and leases		2.32	%		2.45	%		3.08	%		(5	%)		(25	%)		2.32	%		3.08	%		(25	%)
Allowance for credit losses as a percent of loans and leases		2.53	%		2.66	%		3.32	%		(5	%)		(24	%)		2.53	%		3.32	%		(24	%)
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		1.73	%		1.96	%		2.44	%		(12	%)		(29	%)		1.73	%		2.44	%		(29	%)
Average Balances
Loans and leases, including held for sale	$	84,829		$	84,508		$	80,013			—			6	%	$	84,367		$	79,517			6	%
Total securities and other short-term investments		16,588			17,168			18,142			(3	%)		(9	%)		16,829			17,545			(4	%)
Total assets		117,521			117,654			113,295			—			4	%		117,168			111,789			5	%
Transaction deposits (f)		77,498			77,621			72,214			—			7	%		77,418			71,300			9	%
Core deposits (g)		81,722			81,980			78,222			—			4	%		81,795			77,998			5	%
Wholesale funding (h)		17,431			17,533			17,932			(1	%)		(3	%)		17,188			16,936			2	%
Bancorp shareholders’ equity		13,887			13,628			12,841			2	%		8	%		13,650			12,752			7	%
Regulatory Capital Ratios (i)
Tier I capital		10.85	%		12.31	%		11.96	%		(12	%)		(9	%)		10.85	%		11.96	%		(9	%)
Total risk-based capital		14.76	%		16.24	%		16.25	%		(9	%)		(9	%)		14.76	%		16.25	%		(9	%)
Tier I leverage		10.09	%		11.39	%		11.08	%		(11	%)		(9	%)		10.09	%		11.08	%		(9	%)
Tier I common equity (d)		9.67	%		9.77	%		9.33	%		(1	%)		4	%		9.67	%		9.33	%		4	%
Operations
Banking centers		1,320			1,322			1,314			NM			NM			1,320			1,314			NM
ATMs		2,404			2,409			2,437			NM			(1	%)		2,404			2,437			(1	%)
Full-time equivalent employees		20,789			20,888			21,172			NM			(2	%)		20,789			21,172			(2	%)

(a) Presented on a fully taxable equivalent basis

(b) The return on average tangible common equity is calculated as tangible net income available to common shareholders (net income available to common shareholders excluding tax effected amortization of intangibles) divided by average tangible common equity, (average common equity less goodwill and intangible assets).

(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 (total assets less goodwill, intangible assets and accumulated other comprehensive income.)

(d) The tangible common equity and tier I common equity ratios, while not required by U.S. GAAP, are considered to be important metrics with which to analyze a bank’s position. 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 2012			June 2012			March 2012			December 2011			September 2011
Income Statement Data
Net interest income (a)	$	907		$	899		$	903		$	920		$	902
Noninterest income		671			678			769			550			665
Total revenue (a)		1,578			1,577			1,672			1,470			1,567
Provision for loan and lease losses		65			71			91			55			87
Noninterest expense		1,006			937			973			993			946
Net income attributable to Bancorp		363			385			430			314			381
Net income available to common shareholders		354			376			421			305			373
Common Share Data
Earnings per share, basic	$	0.39		$	0.41		$	0.46		$	0.33		$	0.41
Earnings per share, diluted		0.38			0.40			0.45			0.33			0.40
Cash dividends per common share		0.10			0.08			0.08			0.08			0.08
Book value per share		14.84			14.56			14.30			13.92			13.73
Market price per share		15.51			13.40			14.04			12.72			10.10
Common shares outstanding (in thousands)		897,467			918,913			920,056			919,804			919,779
Average common shares outstanding (in thousands):
Basic		904,475			913,541			915,226			914,997			914,947
Diluted		944,821			954,622			957,416			956,349			955,490
Market capitalization	$	13,920		$	12,313		$	12,918		$	11,700		$	9,290
Financial Ratios
Return on assets		1.23	%		1.32	%		1.49	%		1.08	%		1.34	%
Return on average common equity		10.4	%		11.4	%		13.1	%		9.5	%		11.9	%
Return on average tangible common equity (b)		12.8	%		14.1	%		16.2	%		11.9	%		14.9	%
Noninterest income as a percent of total revenue		43	%		43	%		46	%		37	%		42	%
Average equity as a percent of average assets		11.82	%		11.58	%		11.49	%		11.41	%		11.33	%
Tangible common equity (c) (d)		9.10	%		9.15	%		9.02	%		8.68	%		8.63	%
Net interest margin (a)		3.56	%		3.56	%		3.61	%		3.67	%		3.65	%
Efficiency (a)		63.7	%		59.4	%		58.3	%		67.5	%		60.4	%
Effective tax rate		27.7	%		31.8	%		28.6	%		24.9	%		27.9	%
Credit Quality
Net losses charged off	$	156		$	181		$	220		$	239		$	262
Net losses charged off as a percent of average loans and leases		0.75	%		0.88	%		1.08	%		1.19	%		1.32	%
Allowance for loan and lease losses as a percent of loans and leases		2.32	%		2.45	%		2.59	%		2.78	%		3.08	%
Allowance for credit losses as a percent of loans and leases		2.53	%		2.66	%		2.81	%		3.01	%		3.32	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		1.73	%		1.96	%		2.03	%		2.23	%		2.44	%
Average Balances
Loans and leases, including held for sale	$	84,829		$	84,508		$	83,757		$	82,278		$	80,013
Total securities and other short-term investments		16,588			17,168			16,735			17,243			18,142
Total assets		117,521			117,654			116,325			115,268			113,295
Transaction deposits (f)		77,498			77,621			77,135			75,627			72,214
Core deposits (g)		81,722			81,980			81,686			80,587			78,222
Wholesale funding (h)		17,431			17,533			16,596			16,939			17,932
Bancorp shareholders’ equity		13,887			13,628			13,366			13,147			12,841
Regulatory Capital Ratios (i)
Tier I capital		10.85	%		12.31	%		12.20	%		11.91	%		11.96	%
Total risk-based capital		14.76	%		16.24	%		16.07	%		16.09	%		16.25	%
Tier I leverage		10.09	%		11.39	%		11.31	%		11.10	%		11.08	%
Tier I common equity (d)		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%
Operations
Banking centers		1,320			1,322			1,315			1,316			1,314
ATMs		2,404			2,409			2,404			2,425			2,437
Full-time equivalent employees		20,789			20,888			21,206			21,334			21,172

(a) Presented on a fully taxable equivalent basis

(b) The return on average tangible common equity is calculated as tangible net income available to common shareholders (net income available to common shareholders excluding tax effected amortization of intangibles) divided by average tangible common equity, (average common equity less goodwill and intangible assets).

(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 (total assets less goodwill, intangible assets and accumulated other comprehensive income.)

(d) The tangible common equity and tier I common equity ratios, while not required by U.S. GAAP, are considered to be important metrics with which to analyze a bank’s position. 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 2012		June 2012		September 2011		Seq			Yr/Yr			September 2012		September 2011		Yr/Yr
Interest Income
Interest and fees on loans and leases	$	893	$	891	$	899		—			(1	%)	$	2,683	$	2,701		(1	%)
Interest on securities		129		135		155		(4	%)		(17	%)		405		455		(11	%)
Interest on other short-term investments		1		1		1		4	%		(32	%)		3		4		(28	%)
Total interest income		1,023		1,027		1,055		—			(3	%)		3,091		3,160		(2	%)
Interest Expense
Interest on deposits		52		55		84		(6	%)		(38	%)		165		287		(42	%)
Interest on short-term borrowings		3		2		1		27	%		NM			6		3		NM
Interest on long-term debt		65		75		72		(13	%)		(10	%)		224		229		(2	%)
Total interest expense		120		132		157		(9	%)		(24	%)		395		519		(24	%)
Net Interest Income		903		895		898		1	%		1	%		2,696		2,641		2	%
Provision for loan and lease losses		65		71		87		(9	%)		(25	%)		227		368		(38	%)
Net interest income after provision for loan and lease losses		838		824		811		2	%		3	%		2,469		2,273		9	%
Noninterest Income
Service charges on deposits		128		130		134		(2	%)		(5	%)		387		384		1	%
Corporate banking revenue		101		102		87		(1	%)		16	%		299		268		12	%
Mortgage banking net revenue		200		183		178		9	%		13	%		588		442		33	%
Investment advisory revenue		92		93		92		(2	%)		—			281		285		(1	%)
Card and processing revenue		65		64		78		2	%		(17	%)		187		248		(25	%)
Other Noninterest Income		78		103		64		(24	%)		22	%		359		226		59	%
Securities gains, net		2		3		26		(33	%)		(92	%)		13		40		(68	%)
Securities gains, net - non-qualifying hedges on mortgage servicing rights		5		—		6		NM			(24	%)		5		12		(60	%)
Total noninterest income		671		678		665		(1	%)		1	%		2,119		1,905		11	%
Noninterest Expense
Salaries, wages and incentives		399		393		369		2	%		8	%		1,191		1,085		10	%
Employee benefits		79		84		70		(5	%)		14	%		274		246		12	%
Net occupancy expense		76		74		75		3	%		2	%		227		226		—
Technology and communications		49		48		48		2	%		3	%		144		140		3	%
Equipment expense		28		27		28		2	%		(1	%)		82		85		(3	%)
Card and processing expense		30		30		34		(1	%)		(13	%)		90		92		(2	%)
Other noninterest expense		345		281		322		23	%		7	%		910		891		2	%
Total noninterest expense		1,006		937		946		7	%		6	%		2,918		2,765		6	%
Income before income taxes		503		565		530		(11	%)		(5	%)		1,670		1,413		18	%
Applicable income taxes		139		180		149		(23	%)		(7	%)		491		429		14	%
Net Income		364		385		381		(6	%)		(5	%)		1,179		984		20	%
Less: Net income attributable to noncontrolling interest		1		—		—		NM			63	%		1		1		56	%
Net income attributable to Bancorp		363		385		381		(6	%)		(5	%)		1,178		983		20	%
Dividends on preferred stock		9		9		8		—			—			26		194		(87	%)
Net income available to common shareholders	$	354	$	376	$	373		(6	%)		(5	%)	$	1,152	$	789		46	%

22

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	September 2012		June 2012		March 2012		December 2011			September 2011
Interest Income
Interest and fees on loans and leases	$	893	$	891	$	898	$	911		$	899
Interest on securities		129		135		141		145			155
Interest on other short-term investments		1		1		1		1			1
Total interest income		1,023		1,027		1,040		1,057			1,055
Taxable equivalent adjustment		4		4		5		4			4
Total interest income (taxable equivalent)		1,027		1,031		1,045		1,061			1,059
Interest Expense
Interest on deposits		52		55		58		65			84
Interest on short-term borrowings		3		2		1		1			1
Interest on long-term debt		65		75		83		75			72
Total interest expense		120		132		142		141			157
Net interest income (taxable equivalent)		907		899		903		920			902
Provision for loan and lease losses		65		71		91		55			87
Net interest income (taxable equivalent) after provision for loan and lease losses		842		828		812		865			815
Noninterest Income
Service charges on deposits		128		130		129		136			134
Corporate banking revenue		101		102		97		82			87
Mortgage banking net revenue		200		183		204		156			178
Investment advisory revenue		92		93		96		90			92
Card and processing revenue		65		64		59		60			78
Other noninterest income		78		103		175		24			64
Securities gains, net		2		3		9		5			26
Securities gains, net - non-qualifying hedges on mortgage servicing rights		5		—		—		(3	)		6
Total noninterest income		671		678		769		550			665
Noninterest Expense
Salaries, wages and incentives		399		393		399		393			369
Employee benefits		79		84		112		84			70
Net occupancy expense		76		74		77		79			75
Technology and communications		49		48		47		48			48
Equipment expense		28		27		27		27			28
Card and processing expense		30		30		30		28			34
Other noninterest expense		345		281		281		334			322
Total noninterest expense		1,006		937		973		993			946
Income before income taxes (taxable equivalent)		507		569		608		422			534
Taxable equivalent adjustment		4		4		5		4			4
Income before income taxes		503		565		603		418			530
Applicable income taxes		139		180		173		104			149
Net Income		364		385		430		314			381
Less: Net Income attributable to noncontrolling interest		1		—		—		—			—
Net income attributable to Bancorp		363		385		430		314			381
Dividends on preferred stock		9		9		9		9			8
Net income available to common shareholders	$	354	$	376	$	421	$	305		$	373

23

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	September 2012			June 2012			September 2011			Seq			Yr/Yr
Assets
Cash and due from banks	$	2,490		$	2,393		$	2,348			4	%		6	%
Available-for-sale and other securities (a)		15,402			15,552			16,227			(1	%)		(5	%)
Held-to-maturity securities (b)		287			305			337			(6	%)		(15	%)
Trading securities		205			200			189			3	%		9	%
Other short-term investments		1,286			1,964			2,028			(35	%)		(37	%)
Loans held for sale		1,802			1,863			1,840			(3	%)		(2	%)
Portfolio loans and leases:
Commercial and industrial loans		33,344			32,612			29,258			2	%		14	%
Commercial mortgage loans		9,348			9,662			10,330			(3	%)		(10	%)
Commercial construction loans		672			822			1,213			(18	%)		(45	%)
Commercial leases		3,549			3,467			3,368			2	%		5	%
Residential mortgage loans		11,708			11,429			10,249			2	%		14	%
Home equity		10,238			10,377			10,920			(1	%)		(6	%)
Automobile loans		11,912			11,739			11,593			1	%		3	%
Credit card		1,994			1,943			1,878			3	%		6	%
Other consumer loans and leases		294			308			407			(5	%)		(28	%)
Portfolio loans and leases		83,059			82,359			79,216			1	%		5	%
Allowance for loan and lease losses		(1,925	)		(2,016	)		(2,439	)		(5	%)		(21	%)
Portfolio loans and leases, net		81,134			80,343			76,777			1	%		6	%
Bank premises and equipment		2,520			2,506			2,410			1	%		5	%
Operating lease equipment		542			511			462			6	%		17	%
Goodwill		2,417			2,417			2,417			—			—
Intangible assets		30			33			45			(9	%)		(34	%)
Servicing rights		679			736			662			(8	%)		3	%
Other assets		8,689			8,720			9,163			—			(5	%)
Total assets	$	117,483		$	117,543		$	114,905			—			2	%
Liabilities
Deposits:
Demand	$	27,606		$	26,251		$	24,547			5	%		12	%
Interest checking		22,891			23,197			18,616			(1	%)		23	%
Savings		20,624			22,011			21,673			(6	%)		(5	%)
Money market		5,285			4,223			5,448			25	%		(3	%)
Foreign office		1,059			1,265			3,139			(16	%)		(66	%)
Other time		4,167			4,261			5,439			(2	%)		(23	%)
Certificates - $100,000 and over		2,978			3,065			3,092			(3	%)		(4	%)
Other		78			—			93			NM			(16	%)
Total deposits		84,688			84,273			82,047			—			3	%
Federal funds purchased		686			641			427			7	%		61	%
Other short-term borrowings		5,503			4,613			4,894			19	%		12	%
Accrued taxes, interest and expenses		1,588			1,491			1,307			7	%		22	%
Other liabilities		3,122			3,016			3,372			4	%		(7	%)
Long-term debt		8,127			9,685			9,800			(16	%)		(17	%)
Total liabilities		103,714			103,719			101,847			—			2	%
Equity
Common stock		2,051			2,051			2,051			—			—
Preferred stock		398			398			398			—			—
Capital surplus		2,733			2,752			2,780			(1	%)		(2	%)
Retained earnings		8,466			8,201			7,323			3	%		16	%
Accumulated other comprehensive income		468			454			542			3	%		(14	%)
Treasury stock		(398	)		(83	)		(65	)		NM			NM
Total Bancorp shareholders’ equity		13,718			13,773			13,029			—			5	%
Noncontrolling interest		51			51			29			1	%		76	%
Total Equity		13,769			13,824			13,058			—			5	%
Total liabilities and equity	$	117,483		$	117,543		$	114,905			—			2	%
(a)     Amortized cost	$	14,641		$	14,818		$	15,427			(1	%)		(5	%)
(b)     Market values		287			305			337			(6	%)		(15	%)
(c)     Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			2,000,000			2,000,000			—			—
Outstanding, excluding treasury		897,467			918,913			919,779			(2	%)		(2	%)
Treasury		26,425			4,979			4,114			431	%		542	%

24

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	September 2012			June 2012			March 2012			December 2011			September 2011
Assets
Cash and due from banks	$	2,490		$	2,393		$	2,235		$	2,663		$	2,348
Available-for-sale and other securities (a)		15,402			15,552			16,093			15,362			16,227
Held-to-maturity securities (b)		287			305			321			322			337
Trading securities		205			200			195			177			189
Other short-term investments		1,286			1,964			1,628			1,781			2,028
Loans held for sale		1,802			1,863			1,584			2,954			1,840
Portfolio loans and leases:
Commercial and industrial loans		33,344			32,612			32,155			30,783			29,258
Commercial mortgage loans		9,348			9,662			9,909			10,138			10,330
Commercial construction loans		672			822			901			1,020			1,213
Commercial leases		3,549			3,467			3,512			3,531			3,368
Residential mortgage loans		11,708			11,429			11,094			10,672			10,249
Home equity		10,238			10,377			10,493			10,719			10,920
Automobile loans		11,912			11,739			11,832			11,827			11,593
Credit card		1,994			1,943			1,896			1,978			1,878
Other consumer loans and leases		294			308			321			350			407
Portfolio loans and leases		83,059			82,359			82,113			81,018			79,216
Allowance for loan and lease losses		(1,925	)		(2,016	)		(2,126	)		(2,255	)		(2,439	)
Portfolio loans and leases, net		81,134			80,343			79,987			78,763			76,777
Bank premises and equipment		2,520			2,506			2,485			2,447			2,410
Operating lease equipment		542			511			495			497			462
Goodwill		2,417			2,417			2,417			2,417			2,417
Intangible assets		30			33			36			40			45
Servicing rights		679			736			767			681			662
Other assets		8,689			8,720			8,504			8,863			9,163
Total assets	$	117,483		$	117,543		$	116,747		$	116,967		$	114,905
Liabilities
Deposits:
Demand	$	27,606		$	26,251		$	26,385		$	27,600		$	24,547
Interest checking		22,891			23,197			23,971			20,392			18,616
Savings		20,624			22,011			22,245			21,756			21,673
Money market		5,285			4,223			4,275			4,989			5,448
Foreign office		1,059			1,265			1,251			3,250			3,139
Other time		4,167			4,261			4,446			4,638			5,439
Certificates - $100,000 and over		2,978			3,065			3,162			3,039			3,092
Other		78			—			56			46			93
Total deposits		84,688			84,273			85,791			85,710			82,047
Federal funds purchased		686			641			319			346			427
Other short-term borrowings		5,503			4,613			2,877			3,239			4,894
Accrued taxes, interest and expenses		1,588			1,491			1,436			1,469			1,307
Other liabilities		3,122			3,016			3,066			3,270			3,372
Long-term debt		8,127			9,685			9,648			9,682			9,800
Total liabilities		103,714			103,719			103,137			103,716			101,847
Equity
Common stock		2,051			2,051			2,051			2,051			2,051
Preferred stock		398			398			398			398			398
Capital surplus		2,733			2,752			2,803			2,792			2,780
Retained earnings		8,466			8,201			7,902			7,554			7,323
Accumulated other comprehensive income		468			454			468			470			542
Treasury stock		(398	)		(83	)		(62	)		(64	)		(65	)
Total Bancorp shareholders’ equity		13,718			13,773			13,560			13,201			13,029
Noncontrolling interest		51			51			50			50			29
Total Equity		13,769			13,824			13,610			13,251			13,058
Total liabilities and equity	$	117,483		$	117,543		$	116,747		$	116,967		$	114,905
(a)    Amortized cost	$	14,641		$	14,818		$	15,341		$	14,614		$	15,427
(b)    Market values		287			305			321			322			337
(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		897,467			918,913			920,056			919,804			919,779
Treasury		26,425			4,979			3,836			4,088			4,114

25

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Equity

$ in millions

(unaudited)

	For the Three Months Ended						Year to Date
	September			September			September			September
	2012			2011			2012			2011
Total equity, beginning	$	13,824		$	12,601		$	13,251		$	14,080
Net income attributable to Bancorp		363			381			1,178			983
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		18			121			9			198
Qualifying cash flow hedges		(6	)		23			(18	)		24
Change in accumulated other comprehensive income related to employee benefit plans		2			2			7			6
Comprehensive income		377			527			1,176			1,211
Cash dividends declared:
Common stock		(90	)		(74	)		(238	)		(184	)
Preferred stock		(9	)		(8	)		(27	)		(41	)
Issuance of common stock		—			—			—			1,648
TARP repayment		—			—			—			(3,408	)
Stock-based awards exercised, including treasury shares issued		—			—			(15	)		1
Loans repaid (issued) related to exercise of stock-based awards, net		—			—			—			1
Redemption of preferred stock warrants issued under TARP CPP		—			—			—			(280	)
Stock-based compensation expense		17			12			47			30
Shares acquired for treasury		(350	)		—			(425	)		—
Noncontrolling interest		—			—			—			—
Total equity, ending	$	13,769		$	13,058		$	13,769		$	13,058

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 2012			June 2012			September 2011			Seq			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	33,124		$	32,770		$	28,824			1	%		15	%
Commercial mortgage loans		9,592			9,873			10,140			(3	%)		(5	%)
Commercial construction loans		751			886			1,777			(15	%)		(58	%)
Commercial leases		3,483			3,471			3,300			—			6	%
Residential mortgage loans		13,458			13,059			11,224			3	%		20	%
Home equity		10,312			10,430			10,985			(1	%)		(6	%)
Automobile loans		11,812			11,755			11,445			—			3	%
Credit card		1,971			1,915			1,864			3	%		6	%
Other consumer loans and leases		326			349			454			(7	%)		(28	%)
Taxable securities		15,005			15,548			15,790			(3	%)		(5	%)
Tax exempt securities		48			62			64			(23	%)		(24	%)
Other short-term investments		1,535			1,558			2,288			(1	%)		(33	%)
Total interest-earning assets		101,417			101,676			98,155			—			3	%
Cash and due from banks		2,368			2,264			2,362			5	%		—
Other assets		15,749			15,835			15,381			(1	%)		2	%
Allowance for loan and lease losses		(2,013	)		(2,121	)		(2,603	)		(5	%)		(23	%)
Total assets	$	117,521		$	117,654		$	113,295			—			4	%
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,967		$	23,548		$	18,322			(2	%)		25	%
Savings		21,283			22,143			21,747			(4	%)		(2	%)
Money market		4,776			4,258			5,213			12	%		(8	%)
Foreign office		1,345			1,321			3,255			2	%		(59	%)
Other time		4,224			4,359			6,008			(3	%)		(30	%)
Certificates - $100,000 and over		3,016			3,130			3,376			(4	%)		(11	%)
Other		32			23			7			41	%		NM
Federal funds purchased		664			408			376			63	%		76	%
Other short-term borrowings		4,856			4,303			4,033			13	%		20	%
Long-term debt		8,863			9,669			10,136			(8	%)		(13	%)
Total interest-bearing liabilities		72,026			73,162			72,473			(2	%)		(1	%)
Demand deposits		27,127			26,351			23,677			3	%		15	%
Other liabilities		4,430			4,462			4,275			—			5	%
Total liabilities		103,583			103,975			100,425			—			3	%
Equity		13,938			13,679			12,870			2	%		8	%
Total liabilities and equity	$	117,521		$	117,654		$	113,295			—			4	%
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.08	%		4.13	%		4.29	%
Commercial mortgage loans		3.76	%		3.81	%		3.94	%
Commercial construction loans		2.83	%		3.05	%		3.02	%
Commercial leases		3.62	%		3.68	%		3.87	%
Residential mortgage loans		4.03	%		4.12	%		4.47	%
Home equity		3.78	%		3.80	%		3.89	%
Automobile loans		3.61	%		3.76	%		4.52	%
Credit card		9.82	%		9.92	%		9.49	%
Other consumer loans and leases		49.00	%		42.87	%		30.76	%
Total loans and leases		4.21	%		4.26	%		4.48	%
Taxable securities		3.41	%		3.48	%		3.88	%
Tax exempt securities		3.29	%		5.02	%		5.84	%
Other short-term investments		0.25	%		0.24	%		0.25	%
Total interest-earning assets		4.03	%		4.08	%		4.28	%
Interest-bearing liabilities:
Interest checking		0.21	%		0.22	%		0.25	%
Savings		0.15	%		0.19	%		0.25	%
Money market		0.22	%		0.22	%		0.27	%
Foreign office		0.29	%		0.27	%		0.26	%
Other time		1.59	%		1.60	%		2.27	%
Certificates - $100,000 and over		1.49	%		1.50	%		2.09	%
Other		0.13	%		0.13	%		0.03	%
Federal funds purchased		0.13	%		0.15	%		0.10	%
Other short-term borrowings		0.19	%		0.17	%		0.10	%
Long-term debt		2.97	%		3.11	%		2.85	%
Total interest-bearing liabilities		0.67	%		0.73	%		0.86	%
Ratios:
Net interest margin (taxable equivalent)		3.56	%		3.56	%		3.65	%
Net interest rate spread (taxable equivalent)		3.36	%		3.35	%		3.42	%
Interest-bearing liabilities to interest-earning assets		71.02	%		71.96	%		73.83	%

27

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	September 2012			September 2011			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	32,440		$	28,071			16	%
Commercial mortgage loans		9,846			10,480			(6	%)
Commercial construction loans		881			1,936			(54	%)
Commercial leases		3,499			3,337			5	%
Residential mortgage loans		13,149			10,873			21	%
Home equity		10,449			11,167			(6	%)
Automobile loans		11,817			11,236			5	%
Credit card		1,937			1,850			5	%
Other consumer loans and leases		349			567			(38	%)
Taxable securities		15,287			15,356			—
Tax exempt securities		56			119			(52	%)
Other short-term investments		1,486			2,070			(28	%)
Total interest-earning assets		101,196			97,062			4	%
Cash and due from banks		2,326			2,329			—
Other assets		15,772			15,194			4	%
Allowance for loan and lease losses		(2,126	)		(2,796	)		(24	%)
Total assets	$	117,168		$	111,789			5	%
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,941		$	18,520			24	%
Savings		21,788			21,631			1	%
Money market		4,527			5,120			(12	%)
Foreign office		1,646			3,546			(54	%)
Other time		4,377			6,698			(35	%)
Certificates - $100,000 and over		3,108			3,849			(19	%)
Other		25			3			NM
Federal funds purchased		481			344			40	%
Other short-term borrowings		4,142			2,434			70	%
Long-term debt		9,432			10,304			(8	%)
Total interest-bearing liabilities		72,467			72,449			—
Demand deposits		26,516			22,485			18	%
Other liabilities		4,485			4,074			11	%
Total liabilities		103,468			99,008			5	%
Equity		13,700			12,781			7	%
Total liabilities and equity	$	117,168		$	111,789			5	%
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.13	%		4.36	%
Commercial mortgage loans		3.84	%		4.02	%
Commercial construction loans		2.98	%		3.06	%
Commercial leases		3.69	%		4.04	%
Residential mortgage loans		4.11	%		4.56	%
Home equity		3.81	%		3.92	%
Automobile loans		3.79	%		4.80	%
Credit card		9.72	%		9.94	%
Other consumer loans and leases		43.84	%		23.01	%
Total loans and leases		4.27	%		4.56	%
Taxable securities		3.53	%		3.94	%
Tax exempt securities		3.42	%		5.41	%
Other short-term investments		0.25	%		0.25	%
Total interest-earning assets		4.10	%		4.37	%
Interest-bearing liabilities:
Interest checking		0.22	%		0.27	%
Savings		0.18	%		0.34	%
Money market		0.22	%		0.29	%
Foreign office		0.27	%		0.29	%
Other time		1.61	%		2.35	%
Certificates - $100,000 and over		1.51	%		2.04	%
Other		0.12	%		0.03	%
Federal funds purchased		0.13	%		0.12	%
Other short-term borrowings		0.17	%		0.14	%
Long-term debt		3.17	%		2.98	%
Total interest-bearing liabilities		0.73	%		0.96	%
Ratios:
Net interest margin (taxable equivalent)		3.58	%		3.66	%
Net interest rate spread (taxable equivalent)		3.37	%		3.41	%
Interest-bearing liabilities to interest-earning assets		71.61	%		74.64	%

28

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	September 2012			June 2012			March 2012			December 2011			September 2011
Assets
Interest-earning assets:
Commercial and industrial loans	$	33,124		$	32,770		$	31,421		$	29,954		$	28,824
Commercial mortgage loans		9,592			9,873			10,077			10,350			10,140
Commercial construction loans		751			886			1,008			1,155			1,777
Commercial leases		3,483			3,471			3,543			3,352			3,300
Residential mortgage loans		13,458			13,059			12,928			12,638			11,224
Home equity		10,312			10,430			10,606			10,810			10,985
Automobile loans		11,812			11,755			11,882			11,696			11,445
Credit card		1,971			1,915			1,926			1,906			1,864
Other consumer loans and leases		326			349			366			417			454
Taxable securities		15,005			15,548			15,313			15,270			15,790
Tax exempt securities		48			62			59			58			64
Other short-term investments		1,535			1,558			1,363			1,915			2,288
Total interest-earning assets		101,417			101,676			100,492			99,521			98,155
Cash and due from banks		2,368			2,264			2,345			2,418			2,362
Other assets		15,749			15,835			15,734			15,758			15,381
Allowance for loan and lease losses		(2,013	)		(2,121	)		(2,246	)		(2,429	)		(2,603	)
Total assets	$	117,521		$	117,654		$	116,325		$	115,268		$	113,295
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,967		$	23,548		$	22,308		$	19,263		$	18,322
Savings		21,283			22,143			21,944			21,715			21,747
Money market		4,776			4,258			4,543			5,255			5,213
Foreign office		1,345			1,321			2,277			3,325			3,255
Other time		4,224			4,359			4,551			4,960			6,008
Certificates - $100,000 and over		3,016			3,130			3,178			3,085			3,376
Other		32			23			19			16			7
Federal funds purchased		664			408			370			348			376
Other short-term borrowings		4,856			4,303			3,261			3,793			4,033
Long-term debt		8,863			9,669			9,768			9,707			10,136
Total interest-bearing liabilities		72,026			73,162			72,219			71,467			72,473
Demand deposits		27,127			26,351			26,063			26,069			23,677
Other liabilities		4,430			4,462			4,627			4,536			4,275
Total liabilities		103,583			103,975			102,909			102,072			100,425
Equity		13,938			13,679			13,416			13,196			12,870
Total liabilities and equity	$	117,521		$	117,654		$	116,325		$	115,268		$	113,295
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		4.08	%		4.13	%		4.20	%		4.28	%		4.29	%
Commercial mortgage loans		3.76	%		3.81	%		3.95	%		3.89	%		3.94	%
Commercial construction loans		2.83	%		3.05	%		3.04	%		3.04	%		3.02	%
Commercial leases		3.62	%		3.68	%		3.79	%		3.87	%		3.87	%
Residential mortgage loans		4.03	%		4.12	%		4.17	%		4.16	%		4.47	%
Home equity		3.78	%		3.80	%		3.85	%		3.87	%		3.89	%
Automobile loans		3.61	%		3.76	%		3.99	%		4.27	%		4.52	%
Credit card		9.82	%		9.92	%		9.43	%		9.66	%		9.49	%
Other consumer loans and leases		49.00	%		42.87	%		40.13	%		36.95	%		30.76	%
Total loans and leases		4.21	%		4.26	%		4.34	%		4.41	%		4.48	%
Taxable securities		3.41	%		3.48	%		3.68	%		3.75	%		3.88	%
Tax exempt securities		3.29	%		5.02	%		5.60	%		5.42	%		5.84	%
Other short-term investments		0.25	%		0.24	%		0.26	%		0.24	%		0.25	%
Total interest-earning assets		4.03	%		4.08	%		4.18	%		4.23	%		4.28	%
Interest-bearing liabilities:
Interest checking		0.21	%		0.22	%		0.22	%		0.24	%		0.25	%
Savings		0.15	%		0.19	%		0.21	%		0.23	%		0.25	%
Money market		0.22	%		0.22	%		0.22	%		0.22	%		0.27	%
Foreign office		0.29	%		0.27	%		0.26	%		0.25	%		0.26	%
Other time		1.59	%		1.60	%		1.62	%		1.77	%		2.27	%
Certificates - $100,000 and over		1.49	%		1.50	%		1.55	%		1.73	%		2.09	%
Other		0.13	%		0.13	%		0.08	%		0.03	%		0.03	%
Federal funds purchased		0.13	%		0.15	%		0.10	%		0.10	%		0.10	%
Other short-term borrowings		0.19	%		0.17	%		0.12	%		0.10	%		0.10	%
Long-term debt		2.97	%		3.11	%		3.41	%		3.09	%		2.85	%
Total interest-bearing liabilities		0.67	%		0.73	%		0.79	%		0.79	%		0.86	%
Ratios:
Net interest margin (taxable equivalent)		3.56	%		3.56	%		3.61	%		3.67	%		3.65	%
Net interest rate spread (taxable equivalent)		3.36	%		3.35	%		3.39	%		3.44	%		3.42	%
Interest-bearing liabilities to interest-earning assets		71.02	%		71.96	%		71.87	%		71.81	%		73.83	%

29

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	September 2012		June 2012		March 2012		December 2011		September 2011
Average Loans and Leases
Commercial:
Commercial and industrial loans	$	33,111	$	32,734	$	31,371	$	29,891	$	28,777
Commercial mortgage loans		9,567		9,810		10,007		10,262		10,050
Commercial construction loans		742		873		992		1,132		1,752
Commercial leases		3,481		3,469		3,543		3,351		3,300
Subtotal - commercial		46,901		46,886		45,913		44,636		43,879
Consumer:
Residential mortgage loans		11,578		11,274		10,828		10,464		10,006
Home equity		10,312		10,430		10,606		10,810		10,985
Automobile loans		11,812		11,755		11,882		11,696		11,445
Credit card		1,971		1,915		1,926		1,906		1,864
Other consumer loans and leases		314		326		345		402		441
Subtotal - consumer		35,987		35,700		35,587		35,278		34,741
Total average loans and leases (excluding held for sale)	$	82,888	$	82,586	$	81,500	$	79,914	$	78,620
Average loans held for sale		1,941		1,920		2,257		2,364		1,393
End of Period Loans and Leases
Commercial:
Commercial and industrial loans	$	33,344	$	32,612	$	32,155	$	30,783	$	29,258
Commercial mortgage loans		9,348		9,662		9,909		10,138		10,330
Commercial construction loans		672		822		901		1,020		1,213
Commercial leases		3,549		3,467		3,512		3,531		3,368
Subtotal - commercial		46,913		46,563		46,477		45,472		44,169
Consumer:
Residential mortgage loans		11,708		11,429		11,094		10,672		10,249
Home equity		10,238		10,377		10,493		10,719		10,920
Automobile loans		11,912		11,739		11,832		11,827		11,593
Credit card		1,994		1,943		1,896		1,978		1,878
Other consumer loans and leases		294		308		321		350		407
Subtotal - consumer		36,146		35,796		35,636		35,546		35,047
Total portfolio loans and leases	$	83,059	$	82,359	$	82,113	$	81,018	$	79,216
Core business activity		1,758		1,803		1,467		2,816		1,643
Portfolio management activity		44		60		117		138		197
Total loans held for sale		1,802		1,863		1,584		2,954		1,840
Operating lease equipment		542		511		495		497		462
Loans and Leases Serviced for Others (a):
Commercial and industrial loans		783		682		585		606		640
Commercial mortgage loans		324		319		319		286		301
Commercial construction loans		39		41		41		64		67
Commercial leases		180		184		171		166		94
Residential mortgage loans		62,428		61,631		60,384		57,126		56,483
Home equity		—		—		—		—		—
Automobile loans		—		—		—		—		—
Credit card		—		—		—		—		—
Other consumer loans and leases		—		—		—		—		—
Total loans and leases serviced for others		63,754		62,857		61,500		58,248		57,585
Total loans and leases serviced	$	149,157	$	147,590	$	145,692	$	142,717	$	139,103

(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 2012			June 2012			March 2012			December 2011			September 2011
Tier I capital:
Bancorp shareholders’ equity	$	13,718		$	13,773		$	13,560		$	13,201		$	13,029
Goodwill and certain other intangibles		(2,504	)		(2,512	)		(2,518	)		(2,514	)		(2,514	)
Unrealized (gains) losses		(468	)		(454	)		(468	)		(470	)		(542	)
Qualifying trust preferred securities		810			2,248			2,248			2,248			2,273
Other		38			38			38			38			20
Total tier I capital	$	11,594		$	13,093		$	12,860		$	12,503		$	12,266
Total risk-based capital:
Tier I capital	$	11,594		$	13,093		$	12,860		$	12,503		$	12,266
Qualifying allowance for credit losses		1,347			1,342			1,331			1,328			1,299
Qualifying subordinated notes		2,836			2,846			2,745			3,054			3,098
Total risk-based capital	$	15,777		$	17,281		$	16,936		$	16,885		$	16,663
Risk-weighted assets (b)	$	106,866		$	106,398		$	105,412		$	104,945		$	102,562
Ratios:
Average shareholders’ equity to average assets		11.82	%		11.58	%		11.49	%		11.41	%		11.33	%
Regulatory capital:
Fifth Third Bancorp
Tier I capital		10.85	%		12.31	%		12.20	%		11.91	%		11.96	%
Total risk-based capital		14.76	%		16.24	%		16.07	%		16.09	%		16.25	%
Tier I leverage		10.09	%		11.39	%		11.31	%		11.10	%		11.08	%
Tier I common equity		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%
Fifth Third Bank
Tier I capital		12.29	%		12.72	%		12.40	%		12.02	%		12.32	%
Total risk-based capital		13.76	%		14.19	%		13.88	%		13.61	%		14.18	%
Tier I leverage		11.44	%		11.75	%		11.51	%		11.20	%		11.40	%
Tier I common equity		12.29	%		12.72	%		12.40	%		12.02	%		12.32	%

(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 2012			June 2012			March 2012			December 2011			September 2011
Average loans and leases (excluding held for sale):
Commercial and industrial loans	$	33,111		$	32,734		$	31,371		$	29,891		$	28,777
Commercial mortgage loans		9,567			9,810			10,007			10,262			10,050
Commercial construction loans		742			873			992			1,132			1,752
Commercial leases		3,481			3,469			3,543			3,351			3,300
Residential mortgage loans		11,578			11,274			10,828			10,464			10,006
Home equity		10,312			10,430			10,606			10,810			10,985
Automobile loans		11,812			11,755			11,882			11,696			11,445
Credit card		1,971			1,915			1,926			1,906			1,864
Other consumer loans and leases		314			326			345			402			441
Total average loans and leases (excluding held for sale)	$	82,888		$	82,586		$	81,500		$	79,914		$	78,620
Losses charged off:
Commercial and industrial loans	($	39	)	($	53	)	($	60	)	($	76	)	($	62	)
Commercial mortgage loans		(32	)		(28	)		(37	)		(53	)		(49	)
Commercial construction loans		(4	)		(6	)		(20	)		(6	)		(35	)
Commercial leases		(1	)		(8	)		—			(1	)		—
Residential mortgage loans		(28	)		(38	)		(38	)		(38	)		(38	)
Home equity		(41	)		(43	)		(50	)		(54	)		(56	)
Automobile loans		(13	)		(13	)		(16	)		(20	)		(19	)
Credit card		(21	)		(24	)		(24	)		(25	)		(26	)
Other consumer loans and leases		(9	)		(6	)		(8	)		(7	)		(9	)
Total losses		(188	)		(219	)		(253	)		(280	)		(294	)
Recoveries of losses previously charged off:
Commercial and industrial loans		10			7			6			14			7
Commercial mortgage loans		4			3			7			6			2
Commercial construction loans		—			6			2			2			—
Commercial leases		—			1			—			1			1
Residential mortgage loans		2			2			1			2			2
Home equity		4			4			4			4			3
Automobile loans		6			6			7			7			7
Credit card		3			6			4			4			8
Other consumer loans and leases		3			3			2			1			2
Total recoveries		32			38			33			41			32
Net losses charged off:
Commercial and industrial loans		(29	)		(46	)		(54	)		(62	)		(55	)
Commercial mortgage loans		(28	)		(25	)		(30	)		(47	)		(47	)
Commercial construction loans		(4	)		—			(18	)		(4	)		(35	)
Commercial leases		(1	)		(7	)		—			—			1
Residential mortgage loans		(26	)		(36	)		(37	)		(36	)		(36	)
Home equity		(37	)		(39	)		(46	)		(50	)		(53	)
Automobile loans		(7	)		(7	)		(9	)		(13	)		(12	)
Credit card		(18	)		(18	)		(20	)		(21	)		(18	)
Other consumer loans and leases		(6	)		(3	)		(6	)		(6	)		(7	)
Total net losses charged off	($	156	)	($	181	)	($	220	)	($	239	)	($	262	)
Net charge-off Ratios:
Commercial and industrial loans		0.36	%		0.57	%		0.69	%		0.82	%		0.76	%
Commercial mortgage loans		1.15	%		1.04	%		1.18	%		1.82	%		1.86	%
Commercial construction loans		2.29	%		(0.12	%)		7.30	%		1.37	%		7.90	%
Commercial leases		0.11	%		0.87	%		0.01	%		(0.01	%)		(0.12	%)
Residential mortgage loans		0.90	%		1.28	%		1.39	%		1.38	%		1.41	%
Home equity		1.43	%		1.50	%		1.76	%		1.83	%		1.89	%
Automobile loans		0.22	%		0.21	%		0.33	%		0.44	%		0.41	%
Credit card		3.49	%		3.78	%		4.18	%		4.29	%		3.86	%
Other consumer loans and leases		9.11	%		3.95	%		5.51	%		6.75	%		6.67	%
Total net charge-off ratio		0.75	%		0.88	%		1.08	%		1.19	%		1.32	%

32

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

	For the Three Months Ended
	September 2012			June 2012			March 2012			December 2011			September 2011
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	2,016		$	2,126		$	2,255		$	2,439		$	2,614
Total net losses charged off		(156	)		(181	)		(220	)		(239	)		(262	)
Provision for loan and lease losses		65			71			91			55			87
Allowance for loan and lease losses, ending	$	1,925		$	2,016		$	2,126		$	2,255		$	2,439
Reserve for unfunded commitments, beginning	$	178		$	179		$	181		$	187		$	197
Provision for unfunded commitments		(2	)		(1	)		(2	)		(6	)		(10	)
Reserve for unfunded commitments, ending	$	176		$	178		$	179		$	181		$	187
Components of allowance for credit losses:
Allowance for loan and lease losses	$	1,925		$	2,016		$	2,126		$	2,255		$	2,439
Reserve for unfunded commitments		176			178			179			181			187
Total allowance for credit losses	$	2,101		$	2,194		$	2,305		$	2,436		$	2,626
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	309		$	377		$	358		$	408		$	449
Commercial mortgage loans		263			357			347			358			353
Commercial construction loans		76			99			118			123			151
Commercial leases		5			3			8			9			13
Residential mortgage loans		126			135			135			134			142
Home equity		29			30			26			25			25
Automobile loans		—			1			1			—			—
Other consumer loans and leases		—			—			1			1			1
Total nonaccrual portfolio loans and leases		808			1,002			994			1,058			1,134
Restructured loans and leases - commercial (non accrual)		153			147			157			160			189
Restructured loans and leases - consumer (non accrual)		192			193			201			220			215
Total nonperforming portfolio loans and leases		1,153			1,342			1,352			1,438			1,538
Repossessed property		10			9			8			14			17
Other real estate owned		283			268			313			364			389
Total nonperforming assets (a)		1,446			1,619			1,673			1,816			1,944
Nonaccrual loans held for sale		38			55			110			131			171
Restructured loans - commercial (non accrual) held for sale		5			5			7			7			26
Total nonperforming assets including loans held for sale	$	1,489		$	1,679		$	1,790		$	1,954		$	2,141
Restructured portfolio consumer loans and leases (accrual)	$	1,641		$	1,634		$	1,624		$	1,612		$	1,601
Restructured portfolio commercial loans and leases (accrual)	$	442		$	455		$	481		$	390		$	349
Ninety days past due loans and leases:
Commercial and industrial loans	$	1		$	2		$	2		$	4		$	9
Commercial mortgage loans		22			22			30			3			9
Commercial construction loans		—			—			—			1			44
Commercial leases		—			—			—			—			1
Total commercial loans and leases		23			24			32			8			63
Residential mortgage loans		76			80			73			79			91
Home equity		65			67			74			74			83
Automobile loans		9			8			8			9			9
Credit card		28			24			29			30			28
Other consumer loans and leases		—			—			—			—			—
Total consumer loans and leases		178			179			184			192			211
Total ninety days past due loans and leases	$	201		$	203		$	216		$	200		$	274
Ratios
Net losses charged off as a percent of average loans and leases		0.75	%		0.88	%		1.08	%		1.19	%		1.32	%
Allowance for loan and lease losses:
As a percent of loans and leases		2.32	%		2.45	%		2.59	%		2.78	%		3.08	%
As a percent of nonperforming loans and leases (a)		167	%		150	%		157	%		157	%		158	%
As a percent of nonperforming assets (a)		133	%		125	%		127	%		124	%		125	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		1.38	%		1.62	%		1.64	%		1.76	%		1.93	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		1.73	%		1.96	%		2.03	%		2.23	%		2.44	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		1.75	%		1.99	%		2.13	%		2.32	%		2.64	%

(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 2012			June 2012			March 2012			December 2011			September 2011
Income before income taxes (U.S. GAAP)		503			565			603			418			530
Add: Provision expense (U.S. GAAP)		65			71			91			55			87
Pre-provision net revenue		568			636			694			473			617
Net income available to common shareholders (U.S. GAAP)		354			376			421			305			373
Add: Intangible amortization, net of tax		2			2			3			3			3
Tangible net income available to common shareholders		356			378			424			308			376
Tangible net income available to common shareholders (annualized) (a)		1,416			1,520			1,705			1,222			1,492
Average Bancorp shareholders’ equity (U.S. GAAP)		13,887			13,628			13,366			13,147			12,841
Less: Average preferred stock		398			398			398			398			398
Average goodwill		2,417			2,417			2,417			2,417			2,417
Average intangible assets		31			34			38			42			47
Average tangible common equity (b)		11,041			10,779			10,513			10,290			9,979
Total Bancorp shareholders’ equity (U.S. GAAP)		13,718			13,773			13,560			13,201			13,029
Less: Preferred stock		(398	)		(398	)		(398	)		(398	)		(398	)
Goodwill		(2,417	)		(2,417	)		(2,417	)		(2,417	)		(2,417	)
Intangible assets		(30	)		(33	)		(36	)		(40	)		(45	)
Tangible common equity, including unrealized gains / losses (c)		10,873			10,925			10,709			10,346			10,169
Less: Accumulated other comprehensive income / loss		(468	)		(454	)		(468	)		(470	)		(542	)
Tangible common equity, excluding unrealized gains / losses (d)		10,405			10,471			10,241			9,876			9,627
Add: Preferred stock		398			398			398			398			398
Tangible equity (e)		10,803			10,869			10,639			10,274			10,025
Total assets (U.S. GAAP)		117,483			117,543			116,747			116,967			114,905
Less: Goodwill		(2,417	)		(2,417	)		(2,417	)		(2,417	)		(2,417	)
Intangible assets		(30	)		(33	)		(36	)		(40	)		(45	)
Tangible assets, including unrealized gains / losses (f)		115,036			115,093			114,294			114,510			112,443
Less: Accumulated other comprehensive income / loss, before tax		(720	)		(698	)		(720	)		(723	)		(834	)
Tangible assets, excluding unrealized gains / losses (g)		114,316			114,395			113,574			113,787			111,609
Total Bancorp shareholders’ equity (U.S. GAAP)		13,718			13,773			13,560			13,201			13,029
Goodwill and certain other intangibles		(2,504	)		(2,512	)		(2,518	)		(2,514	)		(2,514	)
Unrealized gains		(468	)		(454	)		(468	)		(470	)		(542	)
Qualifying trust preferred securities		810			2,248			2,248			2,248			2,273
Other		38			38			38			38			20
Tier I capital		11,594			13,093			12,860			12,503			12,266
Less: Preferred stock		(398	)		(398	)		(398	)		(398	)		(398	)
Qualifying trust preferred securities		(810	)		(2,248	)		(2,248	)		(2,248	)		(2,273	)
Qualifying noncontrolling interest in consolidated subsidiaries		(51	)		(51	)		(50	)		(50	)		(29	)
Tier I common equity (h)		10,335			10,396			10,164			9,807			9,566
Common shares outstanding (i)		897			919			920			920			920
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (j)		106,866			106,398			105,412			104,945			102,562
Ratios:
Return on average tangible common equity (a) / (b)		12.83	%		14.10	%		16.22	%		11.88	%		14.95	%
Tangible equity (e) / (g)		9.45	%		9.50	%		9.37	%		9.03	%		8.98	%
Tangible common equity (excluding unrealized gains/losses) (d) / (g)		9.10	%		9.15	%		9.02	%		8.68	%		8.63	%
Tangible common equity (including unrealized gains/losses) (c) / (f)		9.45	%		9.49	%		9.37	%		9.04	%		9.04	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (d) / (j)		9.74	%		9.84	%		9.72	%		9.41	%		9.39	%
Tangible book value per share (c) / (i)	$	12.12		$	11.89		$	11.64		$	11.25		$	11.05
Tier I common equity (h) / (j)		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%
Basel III - Estimates (Amounts in billions)

	September 2012			June 2012
Tier I common equity (Basel I)		10.3			10.4
Add: Adjustment related to AOCI for AFS securities		0.5			0.5
All other adjustments		—			—
Estimated Tier I common equity under Basel III rules (a)		10.8			10.9
Estimated risk-weighted assets under Basel III rules (b)		120.3			119.4
Estimated Tier I common equity ratio under Basel III rules		9	%		9	%

(a) Tier I common equity under Basel III includes the unrealized gains and losses for AFS securities. Other adjustments include mortgage servicing rights and deferred tax assets subject to threshold limitations and deferred tax liabilities related to intangible assets.

(b) Key differences under Basel III in the calculation of risk-weighted assets compared to Basel I include: (1) Risk weighting for commitments under 1 year; (2) Higher risk weighting for exposures to residential mortgage, home equity, past due loans, foreign banks and certain commercial real estate; (3) Higher risk weighting for mortgage servicing rights and deferred tax assets that are under certain thresholds as a percent of Tier I capital; (4) Incremental capital requirements for stress VaR; and (5) Derivatives are differentiated between exchange clearing and over-the-counter and the 50% risk-weight cap is removed.

34

Fifth Third Bancorp and Subsidiaries

Segment Presentation

$ in millions

(unaudited)

For the three months ended September 30, 2012	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		358			344			77			30			98			907
Provision for loan and lease losses		(45	)		(71	)		(38	)		(3	)		92			(65	)
Net interest income after provision for loan and lease losses		313			273			39			27			190			842
Total noninterest income		183			203			212			107			(34	)		671
Total noninterest expense		(271	)		(405	)		(167	)		(109	)		(54	)		(1,006	)
Net income before taxes		225			71			84			25			102			507
Applicable income taxes (a)		(43	)		(25	)		(30	)		(9	)		(36	)		(143	)
Net income		182			46			54			16			66			364
Net income attributable to noncontrolling interest		—			—			—			—			1			1
Net income attributable to Bancorp		182			46			54			16			65			363
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders		182			46			54			16			56			354
For the three months ended June 30, 2012	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		352			342			77			29			99			899
Provision for loan and lease losses		(61	)		(69	)		(49	)		(2	)		110			(71	)
Net interest income after provision for loan and lease losses		291			273			28			27			209			828
Total noninterest income		177			205			189			98			9			678
Total noninterest expense		(269	)		(401	)		(166	)		(112	)		11			(937	)
Net income before taxes		199			77			51			13			229			569
Applicable income taxes (a)		(36	)		(27	)		(18	)		(5	)		(98	)		(184	)
Net income		163			50			33			8			131			385
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders		163			50			33			8			122			376
For the three months ended March 31, 2012	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		353			335			80			27			108			903
Provision for loan and lease losses		(76	)		(86	)		(54	)		(3	)		128			(91	)
Net interest income after provision for loan and lease losses		277			249			26			24			236			812
Total noninterest income		177			190			211			97			94			769
Total noninterest expense		(288	)		(394	)		(162	)		(110	)		(19	)		(973	)
Net income before taxes		166			45			75			11			311			608
Applicable income taxes (a)		(24	)		(16	)		(27	)		(4	)		(107	)		(178	)
Net income		142			29			48			7			204			430
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders		142			29			48			7			195			421
For the three months ended December 31, 2011	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		359			365			87			28			81			920
Provision for loan and lease losses		(88	)		(92	)		(56	)		(1	)		182			(55	)
Net interest income after provision for loan and lease losses		271			273			31			27			263			865
Total noninterest income		144			205			157			88			(44	)		550
Total noninterest expense		(270	)		(387	)		(171	)		(104	)		(61	)		(993	)
Net income before taxes		145			91			17			11			158			422
Applicable income taxes (a)		(13	)		(32	)		(6	)		(4	)		(53	)		(108	)
Net income		132			59			11			7			105			314
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders		132			59			11			7			96			305
For the three months ended September 30, 2011	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)		345			359			85			29			84			902
Provision for loan and lease losses		(104	)		(87	)		(55	)		(16	)		175			(87	)
Net interest income after provision for loan and lease losses		241			272			30			13			259			815
Total noninterest income		159			215			191			92			8			665
Total noninterest expense		(258	)		(399	)		(158	)		(105	)		(26	)		(946	)
Net income before taxes		142			88			63			—			241			534
Applicable income taxes (a)		(12	)		(31	)		(22	)		—			(88	)		(153	)
Net income		130			57			41			—			153			381
Dividends on preferred stock		—			—			—			—			8			8
Net income available to common shareholders		130			57			41			—			145			373

(a) Includes taxable equivalent adjustments of $4 million for the three months ended September 30, 2012, $4 million for the three months ended June 30, 2012, $5 million for the three months ended March 31, 2012, $4 million for the three months ended December 31, 2011, and $4 million for the three months ended September 30, 2011.

35

EX-99.2

©

Fifth Third Bank | All Rights Reserved

3Q12 Earnings Conference Call

October 18, 2012

Please refer to earnings release dated October 18, 2012 for further information.

Exhibit 99.2

2

©

Fifth Third Bank | All Rights Reserved

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 or the results of operations of

Vantiv, LLC 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

Net income available to common shareholders of $354MM ($0.38 per

diluted common share), vs. $376MM ($0.40 per

share) in 2Q12 and $373MM ($0.40 per share) in 3Q11

—

Return on assets (ROA) of 1.23%; return on average common equity

of 10.4%; return on average tangible common

equity** of 12.8%

Credit trends remain favorable

—

Net charge-offs (NCOs) of $156MM (0.75% of loans and leases) down $25MM (13

bps) vs. 2Q12; lowest since 3Q07

—

Provision expense of $65MM, down $6MM vs. 2Q12; loan loss allowance down $91MM sequentially; allowance to

loan ratio of 2.32%, 133% of nonperforming assets (NPAs), 167% of nonperforming loans and leases (NPLs), and

3.1 times 3Q12 annualized NCOs

—

Total NPAs of $1.5B including loans held-for-sale (HFS) down $190MM, or 11%, from 2Q12; NPAs excluding loans

HFS of $1.4B down $173MM, or 11%; lowest since 4Q07

—

NPA ratio of 1.73% down 23 bps from 2Q12, NPL ratio of 1.38% down 24 bps from 2Q12

—

Total

delinquencies

(loans

30-89

days

past

due

and

90

days

past

due)

down

5%

sequentially,

lowest

since

2005

Strong capital ratios*

—

Tier 1 common ratio 9.67%**, down 10 bps sequentially (Basel III

pro forma estimate of ~9%)

—

Tier 1 capital ratio 10.85%, Total capital ratio 14.76%, Leverage ratio 10.09%

—

Tangible common equity ratio** of 9.10% excluding unrealized gains/losses; 9.45% including them

—

Book value per share of $14.84; tangible book value per share** of $12.12 up 2% from 2Q12 and 10% from 3Q11

3Q12 in review

* Capital ratios estimated; presented under current U.S. capital regulations.

The pro forma Tier I common equity ratio is management’s estimate based upon its current

interpretation of the three draft Federal Register notices proposing enhancements to regulatory capital requirements published in June 2012. The actual impact to the

Bancorp’s

Tier

I

common

equity

ratio

may

change

significantly

due

to

further

clarification

of

the

agencies

proposals

or

revisions

to

the

agencies

final

rules,

which

remain

subject to public comment.

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

Significant items in 3Q12 results

$ in MM, except per share data

Net income impact

After tax EPS

impact

Pre-tax

After tax

Debt extinguishment costs related to redemptions of TruPS

($26)

(~$17)

(~$0.02)

Valuation adjustment on Vantiv warrant

($16)

(~$10)

(~$0.01)

Sale of certain Fifth Third funds

$11

~$8

~$0.01

Increase in mortgage rep and warranty reserve

($24)

(~$16)

(~$0.02)

4

©

Fifth Third Bank | All Rights Reserved

Financial summary

•

3Q12 earnings of $0.38 per share included $26MM ($0.02 per share

after-tax) of debt extinguishment costs associated

with redemption of TruPS; $16MM ($0.01 per share after-tax) in losses on Vantiv warrants, $11MM ($0.01 per share

after-tax) of net benefit recognized on the sale of certain Fifth Third funds.

•

3Q12 also included additional charges of $24MM ($0.02 per share after-tax) related to the increase in mortgage

repurchase reserve as a result of additional information obtained from Freddie Mac regarding future mortgage

repurchases and file requests.

($ in millions)

3Q11

2Q12

3Q12

$

%

$

%

Average Balances

Commercial loans*

$43,879

$46,886

$46,901

$15

-

$3,022

7%

Consumer loans*

34,741

35,700

35,987

287

1%

1,246

4%

Total loans & leases*

$78,620

$82,586

$82,888

$302

-

$4,268

5%

Core deposits

$78,222

$81,980

$81,722

($258)

-

$3,500

4%

Income Statement Data

Net interest income (taxable equivalent)

$902

$899

$907

$8

1%

$5

1%

Provision for loan and lease losses

87

71

65

(6)

(9%)

(22)

(25%)

Noninterest income

665

678

671

(7)

(1%)

6

1%

Noninterest expense

946

937

1,006

69

7%

60

6%

Net income attributable to Bancorp

$381

$385

$363

($22)

(6%)

($18)

(5%)

Net income available to common shareholders

$373

$376

$354

($22)

(6%)

($19)

(5%)

Pre-provision net revenue^

$617

$636

$568

($68)

(11%)

($49)

(8%)

Earnings per share, diluted

$0.40

$0.40

$0.38

($0.02)

(5%)

($0.02)

(5%)

Net interest margin

3.65%

3.56%

3.56%

-

-

(9bps)

(2%)

Return on average assets

1.34%

1.32%

1.23%

(9bps)

(7%)

(11bps)

(8%)

Return on average common equity

11.9%

11.4%

10.4%

(100bps)

(9%)

(150bps)

(12%)

Return on average tangible common equity^

14.9%

14.1%

12.8%

(130bps)

(9%)

(210bps)

(14%)

* 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

YOY

Seq.

Actual

5

Fifth Third Bank | All Rights Reserved

Net interest income

NII and NIM (FTE)

•

Sequential net interest income growth reflected lower deposit costs and benefit from non-recurring items partially

offset by asset yield compression in loans and securities, which

more than offset net loan growth

–

NII up $8MM sequentially and $5MM year-over-year

–

Included in results were $10MM of non-recurring benefits (4 bps positive impact to NIM), $6MM benefit

from day count (1 bp negative impact to NIM), and $4MM benefit from redemption of TruPS (2 bps

positive impact to NIM)

–

NIM flat sequentially and down 9 bps year-over-year

•

Yield on interest-earning assets declined 5 bps sequentially and 25 bps year-over-year

* Represents purchase accounting adjustments included in net interest income.

($MM)

Yield Analysis

3Q11

2Q12

3Q12

Seq.   

(bps)

YoY

(bps)

Commercial and industrial loans

4.29%

4.13%

4.08%

(5)

(21)

Commercial mortgage loans

3.94%

3.81%

3.76%

(5)

(18)

Commercial construction loans

3.02%

3.05%

2.83%

(22)

(19)

Commercial leases

3.87%

3.68%

3.62%

(6)

(25)

Residential mortgage loans

4.47%

4.12%

4.03%

(9)

(44)

Home equity

3.89%

3.80%

3.78%

(2)

(11)

Automobile loans

4.52%

3.76%

3.61%

(15)

(91)

Credit card

9.49%

9.92%

9.82%

(10)

33

Other consumer loans and leases

30.76%

42.87%

49.00%

NM

NM

Total loans and leases

4.48%

4.26%

4.21%

(5)

(27)

Taxable securities

3.88%

3.48%

3.41%

(7)

(47)

Tax exempt securities

5.84%

5.02%

3.29%

(173)

(255)

Other short-term investments

0.25%

0.24%

0.25%

1

-

Total interest-earning assets

4.28%

4.08%

4.03%

(5)

(25)

Total interest-bearing liabilities

0.86%

0.73%

0.67%

(6)

(19)

Net interest spread

3.42%

3.35%

3.36%

1

(6)

$899

$907

3.65%

3.67%

3.61%

3.56%

3.56%

$450

$550

$650

$750

$850

$950

2.0%

2.5%

3.0%

3.5%

4.0%

3Q11

4Q11

1Q12

2Q12

3Q12

Net Interest Income (right axis)

PAA*

NIM

$902

$920

$903

6

©

Fifth Third Bank | All Rights Reserved

Balance sheet

•

C&I loans up 1% sequentially and 15% from 3Q11

•

CRE loans down 4% sequentially and 13% from

3Q11

•

Consumer loans were up 1% sequentially and 4%

year-over-year

•

Average warehoused residential mortgage loans

held-for-sale were $1.9B in 3Q12 versus $1.8B in

2Q12

•

Core deposit to loan ratio of 99% flat versus 3Q11

–

DDAs up 3% sequentially and 15% year-over-

year

–

Consumer average transaction deposits down

1% sequentially and up 5% from the previous

year

–

Commercial average transaction deposits flat

sequentially and up 10% from the previous

year

Average loan growth ($B)^

Average core deposit growth ($B)

83

^ Excludes loans held-for-sale

Note: Numbers may not sum due to rounding

79

82

83

44

45

46

47

47

35

35

36

36

36

3Q11

4Q11

1Q12

2Q12

3Q12

Commercial Loans

Consumer Loans

80

82

78

81

82

82

24

26

26

26

27

45

46

49

50

49

9

8

7

6

6

3Q11

4Q11

1Q12

2Q12

3Q12

Demand

IBT/Savings/MMDA

Consumer CD/Core foreign

7

©

Fifth Third Bank | All Rights Reserved

Noninterest income

•

Noninterest income of $671MM decreased $7MM, or 1%, from prior quarter and included a $16MM negative valuation

adjustment on Vantiv warrant and $13MM of gains on the sale of certain Fifth Third funds; prior quarter results

included $56MM positive valuation adjustment on Vantiv warrant, $17MM negative valuation adjustment associated

with bank premises held-for-sale and $11MM reduction related to valuation of Visa total return swap

•

Mortgage banking net revenue of $200MM benefited from record gains on deliveries, partially offset by MSR

valuation adjustments

•

Credit costs recorded in noninterest income:

Noninterest income

Note: Numbers may not sum due to rounding

Actual

($ in millions)

3Q11

2Q12

3Q12

Gain / (loss) on sale of loans

$3

$8

$2

Commercial loans HFS FV adjustment

(6)

(5)

(3)

Gain / (loss) on sale of OREO properties

(21)

(19)

(11)

Mortgage repurchase costs

(2)

(2)

(2)

Total credit-related revenue impact

($25)

($17)

($14)

Actual

Seq.

YOY

3Q11

2Q12

3Q12

$

%

$

%

($ in millions)

Service charges on deposits

$134

$130

$128

($2)

(2%)

($6)

(5%)

Corporate banking revenue

87

102

101

(1)

(1%)

14

16%

Mortgage banking net revenue

178

183

200

17

9%

22

13%

Investment advisory revenue

92

93

92

(1)

(2%)

-

-

Card and processing revenue

78

64

65

1

2%

(13)

(17%)

Other noninterest income

64

103

78

(25)

(24%)

14

22%

Securities gains, net

26

3

2

(1)

(33%)

(24)

(92%)

Securities gains, net -

6

-

5

5

NM

(1)

(24%)

non-qualifying hedges on MSRs

Noninterest income

$665

$678

$671

($7)

(1%)

$6

1%

8

©

Fifth Third Bank | All Rights Reserved

Noninterest expense

Noninterest expense

•

Noninterest expense of $1.0B increased $69MM, or 7%, compared with 2Q12 and included $26MM of debt

extinguishment costs related to the redemption of TruPS, $22MM of additional expense to increase the mortgage

representation and warranty reserve, $5MM benefit from sale of affordable housing investments, and $2MM of costs

associated with the sale of certain Fifth Third funds; prior quarter results included $17MM benefit related to

affordable housing investments and FDIC insurance

•

Credit costs recorded in noninterest expense:

Note: Numbers may not sum due to rounding

Actual

Seq.

YOY

3Q11

2Q12

3Q12

$

%

$

%

($ in millions)

Salaries, wages and incentives

$369

$393

$399

$6

2%

$30

8%

Employee benefits

70

84

79

(5)

(5%)

9

14%

Net occupancy expense

75

74

76

2

3%

1

2%

Technology and communications

48

48

49

1

2%

1

3%

Equipment expense

28

27

28

1

2%

-

(1%)

Card and processing expense

34

30

30

-

(1%)

(4)

(13%)

Other noninterest expense

322

281

345

64

23%

23

7%

Noninterest expense

$946

$937

$1,006

$69

7%

$60

6%

Actual

($ in millions)

3Q11

2Q12

3Q12

Mortgage repurchase expense

$19

$18

$36

Provision for unfunded commitments

(10)

(1)

(2)

Derivative valuation adjustments

4

(0)

(2)

OREO expense

7

5

6

Other problem asset related expenses

25

19

21

Total credit-related operating expenses

$45

$40

$59

9

©

Fifth Third Bank | All Rights Reserved

Pre-tax pre-provision earnings*

PPNR trend

•

PPNR of $568MM down 11% from 2Q12 levels and

8% from prior year

•

Adjusted PPNR of $593MM, including positive

adjustments totaling $25MM, down 1% sequentially

and 7% year-over-year

—

Including 3Q12 mortgage repurchase reserve

build, PPNR of $617MM

PPNR reconciliation

Efficiency ratio

60%

59%

64%

59%

62%

62%

#

3Q11

2Q12

3Q12

Efficiency Ratio

Adjusted

637

531

582

596

593

25

33

14

17

14

45

44

34

40

59

$0

$100

$200

$300

$400

$500

$600

$700

$800

3Q11

4Q11

1Q12

2Q12

3Q12

Noninterest Expense Credit Items

Fee Income Credit Items

Adjusted

PPNR     $617               $473               $694            

$636                $568   

($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

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

$530

$418

$603

$565

$503

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

87

55

91

71

65

PPNR (a) + (b)

$617

$473

$694

$636

$568

Adjustments

to

remove

(benefit)

/

detriment^:

In

noninterest

income:

Vantiv IPO gain

-

-

(115)

-

-

Vantiv debt refinancing

-

-

34

-

-

Valuation of 2009 Visa total return swap

17

54

19

11

1

Vantiv warrants & puts

(3)

(10)

(46)

(56)

16

Valuation of bank premises moved to HFS

-

-

-

17

-

Litigation reserve additions in revenue

-

-

-

6

-

Sale of certain Fifth Third funds

-

-

-

-

(13)

Securities (gains) / losses

(26)

(5)

(9)

(3)

(2)

In

noninterest

expense:

Debt extinguishment (gains) / losses

-

-

9

-

26

Non-income tax related assessment resolution

-

-

(23)

-

-

Sale of certain Fifth Third funds

-

-

-

-

2

Termination of certain borrowing & hedging transactions

28

-

-

-

-

Severance expense

-

-

6

-

-

FDIC insurance expense

-

-

-

(9)

-

Gain on sale of affordable housing

-

-

-

(8)

(5)

Litigation reserve additions in expense

4

19

13

2

-

Adjusted PPNR

$637

$531

$582

$596

$593

Credit-related items^^:

In noninterest income

25

33

14

17

14

In noninterest expense

45

44

34

40

59

Credit-adjusted PPNR**

$707

$608

$630

$653

$666

* 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.

# 61% also excluding  3Q12 mortgage repurchase reserve build

10

©

Fifth Third Bank | All Rights Reserved

8.6%

8.7%

9.0%

9.2%

9.1%

9.0%

9.0%

9.4%

9.5%

9.5%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

3Q11

4Q11

1Q12

2Q12

3Q12

12.0%

11.9%

12.2%

12.3%

10.9%

12.2%

0%

2%

4%

6%

8%

10%

12%

14%

3Q11

4Q11

1Q12

2Q12

3Q12

TruPS redemption impact^^

16.3%

16.1%

16.1%

16.2%

14.8%

16.1%

0%

5%

10%

15%

20%

3Q11

4Q11

1Q12

2Q12

3Q12

TruPS redemption impact^^

9.3%

9.4%

9.6%

9.8%

9.7%

0%

2%

4%

6%

8%

10%

12%

3Q11

4Q11

1Q12

2Q12

3Q12

Strong capital position

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

**The pro forma Tier I common equity ratio is management’s estimate based upon its current interpretation of the three draft Federal Register notices proposing

enhancements to regulatory capital requirements published in June 2012. The actual impact to the Bancorp’s Tier I common equity ratio may change significantly due to

further clarification of the agencies proposals or revisions to the agencies final rules, which remain subject to public comment.

^ Tangible common equity ratio excluding (dark blue) and including (light blue) unrealized securities gains / losses after-tax

^^ Regulatory

capital

ratios

for

Fifth

Third

as

of

September

30,

2012,

excluding

the

~135 bps impact

of

Fifth

Third’s

call

of

$1.4B

in

TruPS

in

3Q12

Current period regulatory capital data ratios are estimated.

Capital ratios remained strong during the quarter and reflected growth in retained earnings; offset

by impact of share repurchases and TruPS redemptions

Tangible common equity ratio^*

Tier I capital ratio

Total risk-based capital ratio

Tier 1 common equity*

Including securities gains/losses

Basel III

Est ~9%**

Basel III

Est ~9%**

11

©

Fifth Third Bank | All Rights Reserved

Net charge-offs

Net charge-offs by loan type

Net charge-offs by geography

$181

Net charge-offs ($MM)

$156

$262

$MM

%

Commercial

$62

40%

Consumer

$94

60%

Total  

$156

100%

$239

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

$MM

%

Florida

$35

22%

Michigan

29

19%

Subtotal

$64

41%

Other

92

59%

Total

$156

100%

Actual

Seq.

YOY

($ in millions)

3Q11

2Q12

3Q12

$

%

$

%

C&I

$55

$46

$29

($17)

(37%)

($26)

(47%)

Commercial mortgage

47

25

28

3

12%

(19)

(40%)

Commercial construction

35

-

4

4

NM

(31)

(89%)

Commercial lease

(1)

7

1

(6)

(86%)

2

200%

Commercial

$136

$78

$62

($16)

(21%)

($74)

(54%)

Residential mortgage loans

36

36

26

(10)

(28%)

(10)

(28%)

Home equity

53

39

37

(2)

(5%)

(16)

(30%)

Automobile

12

7

7

-

-

(5)

(42%)

Credit card

18

18

18

-

-

-

-

Other consumer

7

3

6

3

100%

(1)

(14%)

Consumer

$126

$103

$94

($9)

(9%)

($32)

(25%)

Total net charge-offs

$262

$181

$156

($25)

(14%)

($106)

(40%)

NCO ratio    1.32%           1.19%              1.08%          

0.88%            0.75%   

MI

19%

OH

23%

IN

4%

IL

13%

KY

2%

Other /

National

10%

NC

2%

MO

5%

FL

22%

C&I

19%

Coml

mortgage

17%

Coml

const.

3%

Coml

lease

1%

Residential

mortgage

17%

Home

equity

24%

Auto

4%

Card

11%

Other

consumer

4%

136

113

102

78

62

126

126

118

103

94

$0

$100

$200

$300

$400

3Q11

4Q11

1Q12

2Q12

3Q12

Commercial

Consumer

$220

Nonperforming assets

•

NPAs of $1.4B excluding held-for-sale down

26% year-over-year

•

Commercial NPAs of $1.0B, down 31% from

the previous year

–

Homebuilder / developer NPAs of

$104MM; represent 10% of total

commercial NPAs

•

Consumer NPAs of $429MM, down 9% from

the previous year

•

NPAs in held-for-sale of $43MM

C&I / Lease

$418MM, 29%

CRE

$599MM, 41%

Residential

$380MM, 26%

Other Consumer

$49MM, 4%

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

NPAs exclude loans held-for-sale.

12%

17%

2%

20%

17%

0%

20%

12%

22%

19%

4%

13%

5%

5%

6%

3%

23%

12%

17%

4%

10%

4%

1%

3%

8%

41%

17%

29%

9%

10%

9%

3%

2%

14%

7%

Nonperforming assets ($MM)

$1,673

$1,619

Nonperforming assets continue to improve

$1,446

$1,944

$1,816

$0

$500

$1,000

$1,500

$2,000

$2,500

3Q11

4Q11

1Q12

2Q12

3Q12

Commercial

Consumer

NPA ratio   2.44%             2.23%             2.03%          

1.96%             1.73%   

12

©

Fifth Third Bank | All Rights Reserved

1,474

1,338

1,224

1,182

1,017

470

478

449

437

429

13

©

Fifth Third Bank | All Rights Reserved

NPL Rollforward

Significant improvement in NPL inflows over past year

Note: Numbers may not sum due to rounding

NPL HFI Rollforward

Commercial

3Q11

4Q11

1Q12

2Q12

3Q12

Beginning NPL Amount

1,253

1,155

1,058

988

983

Transfers to nonperforming

217

189

168

203

121

Transfers to performing

(11)

-

(1)

-

(17)

Transfers to performing (restructured)

(1)

-

(2)

(4)

(20)

Transfers from held for sale

-

4

-

-

-

Transfers to held for sale

(58)

(3)

(3)

(3)

(7)

Loans sold from portfolio

(17)

(21)

(8)

(4)

(18)

Loan paydowns/payoffs

(77)

(149)

(94)

(123)

(160)

Transfer to other real estate owned

(20)

(14)

(36)

(15)

(35)

Charge-offs

(136)

(113)

(101)

(79)

(62)

Draws/other extensions of credit

5

10

7

20

21

Ending Commercial NPL

1,155

1,058

988

983

806

Consumer

3Q11

4Q11

1Q12

2Q12

3Q12

Beginning NPL Amount

386

383

380

364

359

Transfers to nonperforming

201

205

184

182

161

Transfers to performing

(33)

(28)

(36)

(26)

(29)

Transfers to performing (restructured)

(39)

(39)

(36)

(40)

(37)

Transfers to held for sale

-

-

-

-

-

Loans sold from portfolio

-

-

(4)

-

-

Loan paydowns/payoffs

(27)

(26)

(28)

(32)

(38)

Transfer to other real estate owned

(16)

(30)

(18)

(18)

(17)

Charge-offs

(91)

(87)

(80)

(72)

(53)

Draws/other extensions of credit

2

2

2

1

1

Ending Consumer NPL

383

380

364

359

347

Total NPL

1,538

1,438

1,352

1,342

1,153

Total new nonaccrual loans -

HFI

394

352

385

418

282

14

©

Fifth Third Bank | All Rights Reserved

Continued improvement in credit trends

FITB credit metrics are in line with or better than peers

NPA ratio vs. peers

Net charge-off ratio vs. peers

Loans 90+ days delinquent % vs. peers

Loans 30-89 days delinquent % vs. peers

Peer average includes: BBT, CMA, HBAN, KEY, MTB, PNC, RF, STI, USB, WFC, and ZION

Source: SNL Financial and company filings. All ratios exclude loans held-for-sale and covered assets for peers where appropriate.

*

4Q08 NCOs included $800MM in NCOs related to commercial loans moved to held-for-sale; 3Q10 NCOs included $510MM in NCOs related to loans sold or moved to

held-for-sale

15

©

Fifth Third Bank | All Rights Reserved

Strong reserve position

Peer median includes: BBT, CMA, HBAN, KEY, MTB, PNC, RF,STI, USB, WFC, and ZION

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

3Q12 coverage ratios strong

relative to peers (2Q12)

Industry leading reserve levels

Fifth Third

(3Q12)

Peer Median

(2Q12)

$262

$239

$220

$181

$156

($175)

($184)

($129)

($110)

($91)

3.08%

2.78%

2.59%

2.45%

2.32%

($250)

($200)

($150)

($100)

($50)

$0

$50

$100

$150

$200

$250

$300

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

3Q11

4Q11

1Q12

2Q12

3Q12

Net Charge-offs

Additional Provision

Reserves

120%

Reserves / NPLs

108%

Reserves / NPAs

254%

Reserves / Annualized NCOs

167%

133%

310%

16

©

Fifth Third Bank | All Rights Reserved

Mortgage repurchase overview

3Q12 balances of outstanding claims decreased 24% from 2Q12

—

Within recent range of quarterly volatility

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

agencies

—

99% of outstanding balance of loans sold

—

82% of current quarter outstanding claims

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)

—

Preponderance of private sales prior to 2006

Repurchase Reserves* ($ in millions)

Outstanding Counterparty Claims ($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

Beginning balance

$80

$69

$72

$71

$75

Net reserve additions   

20

20

17

20

39

Repurchase losses

(31)

(17)

(17)

(16)

(15)

Ending balance

$69

$72

$71

$75

$99

* Includes reps and warranty reserve ($81MM) and reserve for loans sold with recourse ($18MM)

Note: Numbers may not sum due to rounding

% Current

Outstanding Balance of Sold Loans ($ in millions)

Fannie

Freddie

GNMA

Private

Total

2004 and Prior

$778

$3,500

$195

$307

$4,779

2005

274

1,151

49

130

1,605

2006

363

930

48

214

1,556

13%

2007

563

1,517

64

171

2,314

2008

714

1,207

519

-

2,441

2009

1,362

6,498

3,160

1

11,020

2010

3,015

6,768

2,744

-

12,527

2011

3,712

6,844

2,275

-

12,831

2012

3,858

6,830

2,671

-

13,359

Grand Total

$14,638

$35,246

$11,725

$823

$62,432

1.3%

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

of $372MM from sold portfolio

$24MM increase in representation & warranty reserve resulting

from additional information received from Freddie Mac regarding

future mortgage file requests and repurchase expectations

64

47

60

79

55

21

19

18

18

19

$85

$66

$78

$96

$73

$-

$20

$40

$60

$80

$100

$120

3Q11

4Q11

1Q12

2Q12

3Q12

Agencies

Private

Total Claims

49%

41%

37%

41%

29%

17

©

Fifth Third Bank | All Rights Reserved

Traditional banking focus

consistent with direction of financial reform

Business

profile

positions

Fifth

Third

well

today

and

in

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

–

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

to

proposed

“standardized

approach”

for

risk-weightings

of

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

to

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 9.7%

•

Proposed

rules

remain

subject

to

public

comment,

interpretation,

and

change

–

18

©

Fifth Third Bank | All Rights Reserved

Appendix

19

©

Fifth Third Bank | All Rights Reserved

Well-positioned for the future

•

Fifth Third monitors liquidity at the Holding Company over a 24-month period, and manages liquidity based on the

coverage of contractual obligations without accessing the capital markets or receiving dividends from the Bank entity

•

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

Superior capital and liquidity position

•

NCOs of 0.75%; 3.1x 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 (364% PPNR / NCOs^ in 3Q12)

•

1.2% ROAA; 13% 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

20

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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

4Q12 Outlook

$82.9B

$77.5B

~$890MM +/-

Lower vs. 3Q12

+$40MM +/-

vs. 3Q12

Down $25MM-$30MM +/-

Consistent with $617MM^^^

~1.25% +

~28.5%

* Presented on a fully-taxable equivalent basis.

** 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.

^^^ 3Q12 adjusted PPNR of $593MM plus 3Q12 mortgage repurchase reserve build of $24MM. See slide 9 for reconciliation.

# Current period regulatory capital data ratios are estimated.

3Q12 Actual

Outlook as of October 18, 2012

Continued growth

Up modestly vs. 3Q12

Down $5MM +/-

vs. 3Q12

Lower vs. 3Q12

Down ~$75MM-$100MM +/-

vs. 3Q12

$907MM

3.56%

$671MM

$1.0B

$568MM

1.2%

28%

9.67%

10.09%

10.85%

14.76%

$156MM (0.75%^^)

$1.9B (2.32%)

$1.4B (1.73%)

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

21

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European Exposure

•

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 <$150MM

•

Total exposure to five peripheral Europe countries <$200MM

•

$878MM in funded exposure to Eurozone-related companies (~1% of total loan portfolio)

European Exposure

Total

Funded

Total

Funded

Total

Funded

Total

Funded

exposure

exposure

exposure

exposure

exposure

exposure

exposure

exposure

(amounts in $MM)

Peripheral Europe

-

-

15

-

152

119

167

119

Other Eurozone

-

-

74

74

1,382

759

1,456

833

Total Eurozone

-

-

89

74

1,534

878

1,623

952

Other Europe

-

-

42

32

879

492

921

524

Total Europe

-

-

132

106

2,413

1,369

2,545

1,475

Sovereigns

Financial Institutions

Non-Financial Entities

Total

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 in 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

22

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Available and contingent borrowing capacity (3Q12):

–

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

–

Federal Reserve ~$25B

Holding Company cash at 9/30/12: $1.7B

Fifth Third monitors liquidity at the Holding Company

over a 24-month period, and manages liquidity based

on the coverage of contractual obligations without

accessing the capital  markets or receiving dividends

from the bank entity

Expected cash obligations over the next 24 months

—

~$732MM common dividends

—

~$70MM Series G preferred dividends

—

~$725MM interest and other expenses

Holding company unsecured debt maturities ($MM)

Bank

unsecured

debt

maturities

($MM

–

excl.

Brokered

CDs)

Heavily core funded

Strong liquidity profile

S-T

wholesale

8%

$750

$1,250

$500

$2,812

2012

2013

2014

2015

2016

2017

2018 on

Fifth Third Bancorp

Fifth Third Capital Trust (Bancorp)

$503

$500

$500

2012

2013

2014

2015

2016

2017

2018 on

Demand

23%

Interest

checking

19%

Savings/

MMDA

22%

Consumer

time

4%

Foreign

Office

1%

Non-

Core

Deposits

3%

S-T

borrowings

5%

Other

liabilities

4%

Equity

12%

L-T debt

7%

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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 $192MM 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 1Q12

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

1Q08      3%

2Q08      6%

3Q08      7%

4Q08      8%

1Q09     10%    

2Q09     12%

Months since modification

Volume by

vintage

3Q09     11%

$1.3B current consumer TDRs (%)

4Q09      7%

$1.1

billion

2008

2009-

2012

1Q10      6%

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)

15%

12%

10%

12%

51%

< 6 months

6-12 months

12-18 months

18-24 months

24+ months

0%

10%

20%

30%

40%

50%

3

4

5

6

7

8

9

10

11

12

3Q10      4%

4Q10      4%

1Q11      4%

2Q11      4%

3Q11      3%

4Q11      3%

1Q12      3%

Commercial & industrial

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 40% of total loans

and 19% of net charge-offs

•

29% of 3Q12 losses on loans to companies in real estate

related industries

–

Loans to real estate related industries of $2.5B (7%);

3Q12 NCO ratio of 1.36%

•

FL represented 20% of 3Q12 losses, 7% of loans; MI

represented 18% of losses, 9% of loans

*Excludes loans held-for-sale.

MI

9%

OH

16%

IN

5%

IL

14%

KY

4%

TN

4%

NC

3%

Other /

National

38%

FL

7%

Accommodation

2%

Auto

Manufacturing

1%

Construction

4%

Finance &

Insurance

13%

Manufacturing

24%

Real Estate

4%

Retail Trade

3%

Auto Retailers

2%

Wholesale

Trade

10%

Other

37%

($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$29,258

$30,783

$32,155

$32,612

$33,344

Avg Loans*

$28,777

$29,891

$31,371

$32,734

$33,111

90+ days delinquent

$9

$4

$2

$2

$1

as % of loans

0.03%

0.01%

0.01%

0.01%

0.00%

NPAs*

$588

$509

$474

$479

$406

as % of loans

2.01%

1.65%

1.47%

1.47%

Net charge-offs

$55

$62

$54

$46

$29

as % of loans

0.76%

0.82%

0.69%

0.57%

0.36%

C&I

1.22%

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25

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Fifth Third Bank | All Rights Reserved

Commercial mortgage

Credit trends

Comments

*Excludes loans held-for-sale.

•

Commercial mortgage loans represented 11% of total loans

and 18% of net charge-offs

•

Owner occupied 3Q12 NCO ratio of 0.7%, non-owner

occupied 2Q12 NCO ratio of 1.7%

•

Loans from FL/MI represented 38% of portfolio loans, 48% of

portfolio losses in 3Q12

($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$10,330

$10,138

$9,909

$9,662

$9,348

Avg Loans*

$10,050

$10,262

$10,007

$9,810

$9,567

90+ days delinquent

$10

$3

$30

$22

$22

as % of loans

0.10%

0.03%

0.30%

0.23%

0.24%

NPAs*

$630

$637

$568

$555

$489

as % of loans

5.97%

6.15%

5.64%

5.66%

5.15%

Net charge-offs

$47

$47

$30

$25

$28

as % of loans

1.86%

1.82%

1.18%

1.04%

1.15%

Commercial mortgage

Accomodation

4%

Auto

Manufacturing

0%

Construction

7%

Finance &

Insurance

2%

Manufacturing

7%

Real Estate

41%

Retail Trade

5%

Auto Retailers

2%

Wholesale

Trade

4%

Other

28%

MI

25%

OH

28%

IN

7%

IL

11%

KY

4%

TN

2%

NC

5%

Other /

National

6%

12%

FL

Loans by geography

Loans by industry

26

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Commercial construction

Loans by geography

Credit trends

Loans by industry

Comments

*Excludes loans held-for-sale.

•

Commercial construction loans represented 1% of total loans

and 3% of net charge-offs

•

Loans from FL/MI represented 30% of portfolio loans

($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$1,213

$1,020

$901

$822

$672

Avg Loans*

$1,752

$1,132

$992

$873

$742

90+ days delinquent

$43

$1

$0

$0

$0

as % of loans

3.54%

0.09%

0.05%

NM

NM

NPAs*

$238

$179

$171

$141

$110

as % of loans

18.53%

16.92%

18.20%

16.57%

15.77%

Net charge-offs

$35

$4

$18

$0

$4

as % of loans

7.90%

1.37%

7.30%

(0.12%)

2.29%

Commercial construction

MI

12%

OH

20%

IN

8%

IL

8%

KY

5%

TN

4%

NC

4%

Other /

National

22%

FL

17%

Accomodation

0%

Construction

24%

Finance &

insurance

0%

Manufacturing

2%

Real estate

54%

Retail Trade

1%

Auto Retailers

0%

Wholesale

Trade

0%

Other

19%

27

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($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$578

$512

$423

$376

$376

90+ days delinquent

$3

$0

$1

$0

$0

as % of loans

0.59%

0.03%

0.15%

NM

NM

NPAs*

$207

$155

$123

$114

$104

as % of loans

30.73%

30.34%

29.06%

26.52%

23.96%

Net charge-offs

$18

$2

$21

$4

$3

as % of loans

11.50%

1.28%

18.49%

4.37%

2.85%

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

•

$3MM of NCOs (66% commercial mortgage, 23% commercial

construction, 11% C&I)

•

$104MM of NPAs (57% commercial mortgage, 32%

commercial construction, 11% C&I)

*Excludes loans held-for-sale.

C&I

22%

Commercial

construction

31%

Commercial

mortgage

47%

MI

17%

OH

45%

IN

5%

IL

8%

KY

3%

TN

5%

NC

5%

Other /

National

2%

FL

10%

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($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$10,249

$10,672

$11,094

$11,429

$11,708

Avg Loans*

$10,006

$10,464

$10,828

$11,274

$11,578

90+ days delinquent

$91

$79

$73

$80

$76

as % of loans

0.89%

0.74%

0.66%

0.70%

0.65%

NPAs*

$337

$350

$331

$322

$317

as % of loans

3.29%

3.28%

2.98%

2.82%

2.71%

Net charge-offs

$36

$36

$37

$36

$26

as % of loans

1.41%

1.38%

1.39%

1.28%

0.90%

Residential mortgage

Residential mortgage

1

st

liens:

100%;

weighted

average

LTV:

73.4%

Weighted average origination FICO: 751

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

720-749 13%; 750+ 55%; Other^ 10%

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

Origination LTV distribution: <=70 37%; 70.1-80 38%; 80.1-90 7%;

90.1-95 4%; >95 14%

Vintage distribution: 2012 21%; 2011 24%; 2010 14%; 2009 5%;

2008 5%; 2007 6%; 2006 6%; 2005 10%; 2004 and prior 9%

% 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

*Excludes loans held-for-sale

•

Residential mortgage loans represented 14% of total loans

and 17% of net charge-offs

•

FL portfolio 15% of residential mortgage loans and 44% of

portfolio losses

MI

15%

OH

25%

IN

8%

IL

13%

KY

6%

TN

2%

NC

5%

Other /

National

11%

FL

15%

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($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$1,540

$1,487

$1,507

$1,458

$1,414

90+ days delinquent

$21

$18

$19

$17

$16

as % of loans

1.37%

1.24%

1.23%

1.15%

1.16%

Net charge-offs

$18

$17

$15

$14

$13

as % of loans

4.53%

4.54%

4.01%

3.76%

3.62%

Home equity - brokered

Home equity loans represented 12% of total loans and 24% of net

charge-offs

Approximately 14% of portfolio in broker product generated 35% total

loss

Approximately

one

third

of

Fifth

Third

2

nd

liens

are

behind

Fifth

Third

2005/2006 vintages represent approximately 27% of portfolio; account

for 50% of losses

Home equity

1

st

liens:

32%;

2nd

liens:

68% 

Weighted average origination FICO: 751

Origination FICO distribution^: <660 3%; 660-689 7%; 690-719 13%;

720-749 17%; 750+ 52%; Other 8%

Average CLTV: 73%; Origination CLTV distribution: <=70 39%; 70.1-

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

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

10%; 2007 10%; 2006 14%; 2005 13%; 2004 and prior 38%

% through broker channels: 14%

WA FICO: 735 brokered, 753 direct;

WA CLTV: 88% brokered; 71% direct

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

* Excludes loans held-for-sale

MI

21%

OH

31%

IN

9%

IL

14%

KY

8%

TN

2%

NC

5%

Other

1%

FL

9%

MI

22%

OH

25%

IN

10%

IL

12%

KY

7%

TN

NC

1%

Other

18%

FL

3%

2%

1

st

liens

($ in millions)

3Q11

4Q11

1Q12

2Q12

3Q12

EOP Balance*

$9,380

$9,232

$8,986

$8,919

$8,824

90+ days delinquent

$62

$56

$55

$50

$49

as % of loans

0.66%

0.62%

0.62%

0.56%

0.55%

Net charge-offs

$35

$33

$31

$25

$24

as % of loans

1.50%

1.42%

1.39%

1.14%

1.09%

Home equity -

direct

Portfolio details

30

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Fifth Third Bank | All Rights Reserved

Loans ($B)

% of

FITB

NPAs

($MM)

% of

FITB

NCOs

($MM)

% of

FITB

Commercial loans

2.2

7%

44

11%

6

20%

Commercial mortgage

1.2

13%

89

18%

7

27%

Commercial construction

0.1

17%

51

47%

2

50%

Commercial lease

0.0

1%

7

67%

-

0%

Commercial

3.5

7%

192

19%

15

25%

Mortgage

1.7

15%

147

46%

11

44%

Home equity

0.8

8%

9

14%

5

15%

Auto

0.5

5%

1

6%

0

6%

Credit card

0.1

5%

3

7%

1

7%

Other consumer

0.0

5%

-

0%

1

16%

Consumer

3.2

9%

159

37%

20

21%

Total

6.7

8%

351

24%

35

22%

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

33%

17%

2%

26%

12%

8%

2%

13%

25%

15%

2%

42%

2%

1%

17%

21%

6%

33%

16%

1%

3%

3%

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

Loans ($B)

% of

FITB

NPAs ($MM)

% of

FITB

NCOs

($MM)

% of

FITB

Commercial loans

2.9

9%

49

12%

5

18%

Commercial mortgage

2.4

25%

120

25%

6

21%

Commercial construction

0.1

13%

11

10%

0

7%

Commercial lease

0.2

5%

0

3%

1

0%

Commercial

5.5

12%

181

18%

12

20%

Mortgage

1.8

15%

33

10%

4

15%

Home equity

2.1

20%

11

17%

8

21%

Auto

0.9

8%

1

9%

1

12%

Credit card

0.3

15%

8

19%

2

14%

Other consumer

0.1

24%

-

0%

1

17%

Consumer

5.1

14%

52

12%

16

17%

Total

10.6

13%

233

16%

29

19%

Michigan

31

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32

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Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

September

June

March

December

September

2012

2012

2012

2011

2011

Income before income taxes (U.S. GAAP)

$503

$565

$603

$418

$530

Add:

Provision expense (U.S. GAAP)

65

71

91

55

87

Pre-provision net revenue (a)

568

636

694

473

617

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

354

376

421

305

373

Add:

Intangible amortization, net of tax

2

2

3

3

3

Tangible net income available to common shareholders

356

378

424

308

376

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

1,416

1,520

1,705

1,222

1,492

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

13,887

13,628

13,366

13,147

12,841

Less:

Average preferred stock

(398)

(398)

(398)

(398)

(398)

Average goodwill

(2,417)

(2,417)

(2,417)

(2,417)

(2,417)

Average intangible assets

(31)

(34)

(38)

(42)

(47)

Average tangible common equity (c)

11,041

10,779

10,513

10,290

9,979

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

13,718

13,773

13,560

13,201

13,029

Less: 

Preferred stock

(398)

(398)

(398)

(398)

(398)

Goodwill

(2,417)

(2,417)

(2,417)

(2,417)

(2,417)

Intangible assets

(30)

(33)

(36)

(40)

(45)

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

10,873

10,925

10,709

10,346

10,169

Less: Accumulated other comprehensive income / loss

(468)

(454)

(468)

(470)

(542)

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

10,405

10,471

10,241

9,876

9,627

Total assets (U.S. GAAP)

117,483

117,543

116,747

116,967

114,905

Less: 

Goodwill

(2,417)

(2,417)

(2,417)

(2,417)

(2,417)

Intangible assets

(30)

(33)

(36)

(40)

(45)

Tangible assets, including unrealized gains / losses (f)

115,036

115,093

114,294

114,510

112,443

Less: Accumulated other comprehensive income / loss, before tax

(720)

(698)

(720)

(723)

(834)

Tangible assets, excluding unrealized gains / losses (g)

114,316

114,395

113,574

113,787

111,609

Common shares outstanding (h)

897

919

920

920

920

Net charge-offs (i)

156

181

220

239

262

Ratios:

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

12.8%

14.1%

16.2%

11.9%

15.0%

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

9.10%

9.15%

9.02%

8.68%

8.63%

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

9.45%

9.49%

9.37%

9.04%

9.04%

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

12.12

11.89

11.64

11.25

11.05

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

364%

351%

315%

198%

235%

For the Three Months Ended

33

©

Fifth Third Bank | All Rights Reserved

Regulation G Non-GAAP reconciliation

33

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

September

June

March

December

September

2012

2012

2012

2011

2011

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

$13,718

$13,773

$13,560

$13,201

$13,029

Goodwill and certain other intangibles

(2,504)

(2,512)

(2,518)

(2,514)

(2,514)

Unrealized gains

(468)

(454)

(468)

(470)

(542)

Qualifying trust preferred securities

810

2,248

2,248

2,248

2,273

Other

38

38

38

38

20

Tier I capital

11,594

13,093

12,860

12,503

12,266

Less:

Preferred stock

(398)

(398)

(398)

(398)

(398)

Qualifying trust preferred securities

(810)

(2,248)

(2,248)

(2,248)

(2,273)

Qualifying noncontrolling interest in consolidated subsidiaries

(51)

(51)

(50)

(50)

(30)

Tier I common equity (a)

10,335

10,396

10,164

9,807

9,565

Risk-weighted assets, determined in accordance with

prescribed regulatory requirements (b)

106,866

106,398

105,412

104,945

102,562

Ratio:

Tier I common equity (a) / (b)

9.67%

9.77%

9.64%

9.35%

9.33%

Basel III -

Estimates (Amounts in billions)

September

June

2012

2012

Tier 1 common equity (Basel I)

$10.3

$10.4

Add:

Adjustment related to AOCI for AFS securities

0.5

0.5

All other adjustments

-

-

Estimated Tier 1 common equity under Basel III rules (a)

$10.8

$10.9

Estimated risk-weighted assets under Basel III rules (b)

120.3

119.4

Estimated Tier 1 common equity ratio under Basel III rules

9%

9%

(a)

(b)

For the Three Months Ended

For the Three Months Ended

Tier 1 common equity under Basel III includes the unrealized gains and losses for AFS securities. Other adjustments include mortgage servicing rights and deferred tax assets subject to threshold

limitations and deferred tax liabilities related to intangible assets.

Key differences under Basel III in the calculation of risk-weighted assets compared to Basel I include: (1) Risk weighting for commitments under 1 year; (2) Higher risk weighting for exposures to

residential

mortgage,

home

equity,

past

due

loans,

foreign

banks

and

certain

commercial

real

estate;

(3)

Higher

risk

weighting

for

mortgage

servicing

rights

and

deferred

tax

assets

that

are

under

certain thresholds as a percent of Tier 1 capial; (4) Incremental capital requirements for stress VaR; and (5) Derivatives are differentiated between exchange clearing and over-the-counter and the

50% risk-weight cap is removed.

EX-99.3

Exhibit 99.3

October 2012

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) 534-0629 or IR@53.com

Jim Eglseder	Laura Wehby
VP / Investor Relations	VP / Investor Relations
(513) 534-8424	(513) 534-7407

Quarterly Data

	Three Months Ended
	September 30, 2012		June 30, 2012		March 31, 2012		December 31, 2011		September 30, 2011		June 30, 2011		March 31, 2011		December 31, 2010
Ratios (percent)
Return on assets		1.23		1.32		1.49		1.08		1.34		1.22		0.97		1.18
Return on average common equity		10.4		11.4		13.1		9.5		11.9		11.0		3.1		10.4
Average equity as a percent of average assets		11.82		11.58		11.49		11.41		11.33		11.12		11.77		12.52
Net interest margin (a)		3.56		3.56		3.61		3.67		3.65		3.62		3.71		3.75
Efficiency (a)		63.7		59.4		58.3		67.5		60.4		59.1		62.5		62.6
Net losses charged off as a percent of average loans and leases		0.75		0.88		1.08		1.19		1.32		1.56		1.92		1.86
Allowance for loan and lease losses as a percent of loans and leases		2.32		2.45		2.59		2.78		3.08		3.35		3.62		3.88
Allowance for credit losses as a percent of loans and leases		2.53		2.66		2.81		3.01		3.32		3.61		3.89		4.17
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		1.73		1.96		2.03		2.23		2.44		2.66		2.73		2.79
Allowance for loan and lease losses as a percent of nonperforming assets (b)		133		125		127		124		125		125		132		138
Allowance for credit losses as a percent of nonperforming assets (b)		145		136		138		134		135		135		142		149
Common Share Data
Earnings per share	$	0.39	$	0.41	$	0.46	$	0.33	$	0.41	$	0.36	$	0.10	$	0.34
Earnings per diluted share	$	0.38	$	0.40	$	0.45	$	0.33	$	0.40	$	0.35	$	0.10	$	0.33
Cash dividends per common share		0.10		0.08		0.08		0.08		0.08		0.06		0.06		0.01
Book value per share		14.84		14.56		14.30		13.92		13.73		13.23		12.80		13.06
Common shares outstanding, excluding treasury		897,467,317		918,913,253		920,056,340		919,804,436		919,778,512		919,818,137		918,728,008		796,272,522
Market price per share:
High	$	15.95	$	14.67	$	14.73	$	13.08	$	13.09	$	14.15	$	15.75	$	15.11
Low		13.07		12.04		12.78		9.60		9.13		11.88		13.25		11.71
End of period		15.51		13.40		14.04		12.72		10.10		12.75		13.89		14.68
Supplemental Data
Common dividends declared ($ in millions)	$	89	$	74	$	74	$	74	$	74	$	55	$	55	$	8
Full-time equivalent employees		20,789		20,888		21,206		21,334		21,172		20,953		20,837		20,838
Banking centers		1,320		1,322		1,315		1,316		1,314		1,316		1,310		1,312
ATMs		2,404		2,409		2,404		2,425		2,437		2,456		2,453		2,445

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

(b) Excludes nonperforming assets held for sale.

Page 2

Quarterly Data

	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			June 30,			March 31,			December 31,
	2012			2012			2012			2011			2011			2011			2011			2010
Income Statement ($ in millions)
Interest income (FTE)	$	1,027		$	1,031		$	1,045		$	1,061		$	1,059		$	1,050		$	1,065		$	1,109
Interest expense		120			132			142			141			157			181			181			190
Net interest income (FTE)		907			899			903			920			902			869			884			919
Provision for loan and lease losses		65			71			91			55			87			113			168			166
Noninterest income:
Mortgage banking net revenue		200			183			204			156			178			162			102			149
Service charges on deposits		128			130			129			136			134			126			124			140
Corporate banking revenue		101			102			97			82			87			95			86			103
Investment advisory revenue		92			93			96			90			92			95			98			93
Card and processing revenue		65			64			59			60			78			89			80			81
Other noninterest income		78			103			175			24			64			83			81			55
Securities gains, net		2			3			9			5			26			6			8			21
Securities gains, net -non-qualifying hedges on mortgage servicing rights		5			—			—			(3	)		6			—			5			14
Total noninterest income		671			678			769			550			665			656			584			656
Noninterest expense:
Salaries, wages and incentives		399			393			399			393			369			365			351			385
Employee benefits		79			84			112			84			70			79			97			73
Net occupancy expense		76			74			77			79			75			75			77			76
Technology and communications		49			48			47			48			48			48			45			52
Card and processing expense		30			30			30			28			34			29			29			26
Equipment expense		28			27			27			27			28			28			29			32
Other noninterest expense		345			281			281			334			322			277			290			343
Total noninterest expense		1,006			937			973			993			946			901			918			987
Income before income taxes (FTE)		507			569			608			422			534			511			382			422
Taxable equivalent adjustment		4			4			5			4			4			5			5			5
Income before income taxes		503			565			603			418			530			506			377			417
Applicable income tax		139			180			173			104			149			169			112			83
Net income	$	364		$	385		$	430		$	314		$	381		$	337		$	265		$	334
Less: Net income attributable to noncontrolling interests		1			—			—			—			—			—			—			1
Net income attributable to Bancorp	$	363		$	385		$	430		$	314		$	381		$	337		$	265		$	333
Dividends on preferred stock		9			9			9			9			8			9			177			63
Net income available to common shareholders	$	354		$	376		$	421		$	305		$	373		$	328		$	88		$	270
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	11,594		$	13,093		$	12,860		$	12,503		$	12,266		$	11,972		$	12,129		$	13,965
Tier II capital		4,183			4,188			4,076			4,382			4,397			4,112			4,046			4,213
Total risk-based capital	$	15,777		$	17,281		$	16,936		$	16,885		$	16,663		$	16,084		$	16,175		$	18,178
Risk-weighted assets	$	106,866		$	106,398		$	105,412		$	104,945		$	102,562		$	100,320		$	99,392		$	100,561
Tier I capital ratio		10.85	%		12.31	%		12.20	%		11.91	%		11.96	%		11.93	%		12.20	%		13.89	%
Total risk-based capital ratio		14.76	%		16.24	%		16.07	%		16.09	%		16.25	%		16.03	%		16.27	%		18.08	%
Tier I leverage ratio		10.09	%		11.39	%		11.31	%		11.10	%		11.08	%		11.03	%		11.21	%		12.79	%
Tier I common equity ratio		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%		9.20	%		8.99	%		7.48	%

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

Page 3

Quarterly Data

	As of
	September 30,			June 30,			March 31,			December 31,			September 30,			June 30,			March 31,			December 31,
	2012			2012			2012			2011			2011			2011			2011			2010
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,490		$	2,393		$	2,235		$	2,663		$	2,348		$	2,380		$	2,121		$	2,159
Available-for-sale and other securities		15,402			15,552			16,093			15,362			16,227			15,502			15,135			15,414
Held-to-maturity securities		287			305			321			322			337			344			346			353
Trading securities		205			200			195			177			189			217			216			294
Other short-term investments		1,286			1,964			1,628			1,781			2,028			1,370			2,481			1,515
Total cash and securities		19,670			20,414			20,472			20,305			21,129			19,813			20,299			19,735
Loans held for sale		1,802			1,863			1,584			2,954			1,840			1,185			1,291			2,216
Portfolio loans and leases		83,059			82,359			82,113			81,018			79,216			77,967			77,465			77,491
Total loans and leases		84,861			84,222			83,697			83,972			81,056			79,152			78,756			79,707
Allowance for loan and lease losses		(1,925	)		(2,016	)		(2,126	)		(2,255	)		(2,439	)		(2,614	)		(2,805	)		(3,004	)
Bank premises and equipment		2,520			2,506			2,485			2,447			2,410			2,395			2,389			2,389
Operating lease equipment		542			511			495			497			462			492			513			479
Goodwill		2,417			2,417			2,417			2,417			2,417			2,417			2,417			2,417
Intangible assets		30			33			36			40			45			49			55			62
Servicing rights		679			736			767			681			662			847			894			822
Other real estate owned		356			338			383			429			447			488			514			506
Other assets		8,333			8,382			8,121			8,434			8,716			7,766			7,453			7,894
Total assets	$	117,483		$	117,543		$	116,747		$	116,967		$	114,905		$	110,805		$	110,485		$	111,007
Liabilities
Deposits:
Demand	$	27,606		$	26,251		$	26,385		$	27,600		$	24,547		$	22,589		$	22,066		$	21,413
Interest checking		22,891			23,197			23,971			20,392			18,616			18,072			18,597			18,560
Savings		20,624			22,011			22,245			21,756			21,673			21,764			21,697			20,903
Money market		5,285			4,223			4,275			4,989			5,448			4,859			5,184			5,035
Foreign office		1,059			1,265			1,251			3,250			3,139			3,271			3,569			3,721
Other time		4,167			4,261			4,446			4,638			5,439			6,399			7,043			7,728
Certificates - $100,000 and over		2,978			3,065			3,162			3,039			3,092			3,642			4,160			4,287
Other foreign office		78			—			56			46			93			2			1			1
Total deposits		84,688			84,273			85,791			85,710			82,047			80,598			82,317			81,648
Federal funds purchased		686			641			319			346			427			403			332			279
Other short-term borrowings		5,503			4,613			2,877			3,239			4,894			2,702			1,297			1,574
Other liabilities		4,710			4,507			4,502			4,739			4,679			4,349			3,792			3,868
Long-term debt		8,127			9,685			9,648			9,682			9,800			10,152			10,555			9,558
Total liabilities		103,714			103,719			103,137			103,716			101,847			98,204			98,293			96,927
Equity
Common and preferred equity		13,648			13,402			13,154			12,795			12,552			12,242			12,025			13,867
Net unrealized gains (losses):
Available-for-sale securities		494			476			487			484			519			397			277			321
Qualifying cash flow hedges		62			69			73			81			91			68			58			67
Accumulated other comprehensive income related to employee benefit plans		(88	)		(91	)		(92	)		(95	)		(68	)		(69	)		(72	)		(74	)
Treasury stock, at cost		(398	)		(83	)		(62	)		(64	)		(65	)		(66	)		(125	)		(130	)
Total Bancorp shareholders’ equity		13,718			13,773			13,560			13,201			13,029			12,572			12,163			14,051
Noncontrolling interest		51			51			50			50			29			29			29			29
Total equity		13,769			13,824			13,610			13,251			13,058			12,601			12,192			14,080
Total liabilities and equity	$	117,483		$	117,543		$	116,747		$	116,967		$	114,905		$	110,805		$	110,485		$	111,007
Share Data
Preferred shares outstanding		16,450			16,450			16,450			16,450			16,450			16,450			16,450			16,451
Common shares outstanding, excluding treasury		897,467,317			918,913,253			920,056,340			919,804,436			919,778,512			919,818,137			918,728,008			796,272,522
Treasury shares held		26,425,263			4,979,328			3,836,240			4,088,144			4,114,068			4,074,443			5,164,573			5,231,665

Page 4

Quarterly Data

	Three Months Ended
	September 30, 2012			June 30, 2012			March 31, 2012			December 31, 2011			September 30, 2011			June 30, 2011			March 31, 2011			December 31, 2010
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	84,829		$	84,508		$	83,757		$	82,278		$	80,013		$	79,153		$	79,379		$	79,148
Taxable securities		15,005			15,548			15,313			15,270			15,790			15,115			15,156			15,367
Tax exempt securities		48			62			59			58			64			96			197			268
Other short-term investments		1,535			1,558			1,363			1,915			2,288			1,981			1,937			2,431
Total interest-earning assets		101,417			101,676			100,492			99,521			98,155			96,345			96,669			97,214
Cash and due from banks		2,368			2,264			2,345			2,418			2,362			2,356			2,268			2,284
Other assets		15,749			15,835			15,734			15,758			15,381			15,298			14,897			15,449
Allowance for loan and lease losses		(2,013	)		(2,121	)		(2,246	)		(2,429	)		(2,603	)		(2,799	)		(2,990	)		(3,089	)
Total assets	$	117,521		$	117,654		$	116,325		$	115,268		$	113,295		$	111,200		$	110,844		$	111,858
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,967		$	23,548		$	22,308		$	19,263		$	18,322		$	18,701		$	18,539		$	17,578
Savings		21,283			22,143			21,944			21,715			21,747			21,817			21,324			20,602
Money market		4,776			4,258			4,543			5,255			5,213			5,009			5,136			4,985
Foreign office		1,345			1,321			2,277			3,325			3,255			3,805			3,580			3,733
Other time		4,224			4,359			4,551			4,960			6,008			6,738			7,363			8,490
Certificates - $100,000 and over		3,016			3,130			3,178			3,085			3,376			3,955			4,226			4,858
Other foreign office		32			23			19			16			7			2			1			9
Federal funds purchased		664			408			370			348			376			344			310			376
Other short-term borrowings		4,856			4,303			3,261			3,793			4,033			1,605			1,638			1,728
Long-term debt		8,863			9,669			9,768			9,707			10,136			10,527			10,255			10,298
Total interest-bearing liabilities		72,026			73,162			72,219			71,467			72,473			72,503			72,372			72,657
Demand deposits		27,127			26,351			26,063			26,069			23,677			22,174			21,582			21,066
Other liabilities		4,430			4,462			4,627			4,536			4,275			4,129			3,809			4,099
Total liabilities		103,583			103,975			102,909			102,072			100,425			98,806			97,763			97,822
Equity		13,938			13,679			13,416			13,196			12,870			12,394			13,081			14,036
Total liabilities and equity	$	117,521		$	117,654		$	116,325		$	115,268		$	113,295		$	111,200		$	110,844		$	111,858
Average loans and leases (excluding held for sale)	$	82,888		$	82,586		$	81,500		$	79,914		$	78,620		$	77,937		$	77,636		$	76,236
Average common shares outstanding:
Basic		904,474,989			913,540,510			915,225,816			914,996,543			914,946,545			914,600,600			880,829,800			791,072,308
Diluted		944,820,608			954,622,463			957,415,527			956,348,893			955,490,439			955,477,616			894,841,321			836,224,575

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Quarterly Data

	Three Months Ended
	September 30,			June 30,			March 31,			December 31,			September 30,			June 30,			March 31,			December 31,
	2012			2012			2012			2011			2011			2011			2011			2010
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	33,357		$	32,625		$	32,203		$	30,828		$	29,324		$	28,155		$	27,431		$	27,275
Commercial mortgage		9,368			9,697			9,976			10,214			10,435			10,331			10,617			10,992
Commercial construction		683			834			916			1,037			1,239			1,805			2,020			2,111
Commercial leases		3,549			3,471			3,512			3,531			3,368			3,326			3,367			3,378
Subtotal - commercial		46,957			46,627			46,607			45,610			44,366			43,617			43,435			43,756
Consumer:
Residential mortgage		13,449			13,218			12,523			13,474			11,878			10,838			10,556			10,857
Home equity		10,238			10,377			10,493			10,719			10,920			11,048			11,222			11,513
Automobile loans		11,912			11,739			11,832			11,827			11,593			11,315			11,129			10,983
Credit card		1,994			1,943			1,896			1,978			1,878			1,856			1,821			1,896
Other consumer loans and leases		311			318			346			364			421			478			593			702
Subtotal - consumer		37,904			37,595			37,090			38,362			36,690			35,535			35,321			35,951
Total loans and leases	$	84,861		$	84,222		$	83,697		$	83,972		$	81,056		$	79,152		$	78,756		$	79,707
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	33,124		$	32,770		$	31,421		$	29,954		$	28,824		$	27,970		$	27,404		$	26,509
Commercial mortgage		9,592			9,873			10,077			10,350			10,140			10,491			10,816			11,276
Commercial construction		751			886			1,008			1,155			1,777			1,950			2,085			2,289
Commercial leases		3,483			3,471			3,543			3,352			3,300			3,349			3,364			3,314
Subtotal - commercial		46,950			47,000			46,049			44,811			44,041			43,760			43,669			43,388
Consumer:
Residential mortgage		13,458			13,059			12,928			12,638			11,224			10,655			10,736			10,693
Home equity		10,312			10,430			10,606			10,810			10,985			11,144			11,376			11,655
Automobile loans		11,812			11,755			11,882			11,696			11,445			11,188			11,070			10,825
Credit card		1,971			1,915			1,926			1,906			1,864			1,834			1,852			1,844
Other consumer loans and leases		326			349			366			417			454			572			676			743
Subtotal - consumer		37,879			37,508			37,708			37,467			35,972			35,393			35,710			35,760
Total average loans and leases	$	84,829		$	84,508		$	83,757		$	82,278		$	80,013		$	79,153		$	79,379		$	79,148
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	808		$	1,002		$	994		$	1,058		$	1,134		$	1,240		$	1,287		$	1,333
Nonaccrual loans held for sale		38			55			110			131			171			147			184			247
Restructured loans - commercial (non accrual) held for sale		5			5			7			7			26			29			32			47
Restructured loans and leases (non accrual) portfolio		345			340			358			380			404			399			358			347
Other assets, including other real estate owned		293			277			321			378			406			449			481			494
Total nonperforming assets	$	1,489		$	1,679		$	1,790		$	1,954		$	2,141		$	2,264		$	2,342		$	2,468
Ninety days past due loans and leases	$	201		$	203		$	216		$	200		$	274		$	279		$	266		$	274
Nonperforming Loans ($ in millions)(non-accrual plus renegotiated)
Commercial and industrial loans and leases	$	401		$	471		$	489		$	544		$	646		$	684		$	652		$	753
Commercial mortgage		356			449			470			497			513			558			559			581
Commercial construction loans		93			123			146			156			194			187			208			258
Consumer mortgage and construction		254			260			265			275			276			272			261			268
Other consumer loans and leases		93			99			99			104			108			114			181			114
Total nonperforming loans and leases (including held for sale)	$	1,197		$	1,402		$	1,469		$	1,576		$	1,737		$	1,815		$	1,861		$	1,974
Credit Charge-Offs ($ in millions)
Gross charge-offs	$	(188	)	$	(219	)	$	(253	)	$	(280	)	$	(294	)	$	(343	)	$	(397	)	$	(399	)
Recoveries		32			38			33			41			32			39			30			43
Net losses charged off	$	(156	)	$	(181	)	$	(220	)	$	(239	)	$	(262	)	$	(304	)	$	(367	)	$	(356	)

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