Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

	Year Ended December 31,
	2012		2011		2010		2009		2008
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	296		309		293		361		805
One-Third of Rents, Net of Income from Subleases		28		27		26		29		28
Total Fixed Charges	$	324		336		319		390		833
Earnings:
Income (Loss) Before Income Taxes	$	2,210		1,831		940		767		(2,664	)
Fixed Charges		324		336		319		390		833
Total Earnings	$	2,534		2,167		1,259		1,157		(1,831	)
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits		7.82x		6.45x		3.94x		2.97x		N/A	(a)
Coverage Deficiency		—		—		—		—		(2,664	)
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	512		661		885		1,314		2,094
One-Third of Rents, Net of Income from Subleases		28		27		26		29		28
Total Fixed Charges	$	540		688		911		1,343		2,122
Earnings:
Income (Loss) Before Income Taxes	$	2,210		1,831		940		767		(2,664	)
Fixed Charges		540		688		911		1,343		2,122
Total Earnings	$	2,750		2,519		1,851		2,110		(542	)
Ratio of Earnings to Fixed Charges, Including Interest On Deposits		5.09x		3.66x		2.03x		1.57x		N/A	(a)
Coverage Deficiency		—		—		—		—		(2,664	)

(a) Earnings were inadequate to cover fixed charges by $2.7 billion