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): July 18, 2013

(Exact Name of Registrant as Specified in Its Charter)

OHIO	001-33653	31-0854434
(State or Other Jurisdiction of Incorporation)	(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 July 18, 2013 Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2013. 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 July 18, 2013 Fifth Third Bancorp issued a press release and its quarterly financial supplement announcing its earnings release for the second quarter of 2013. 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 July 18, 2013

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)
July 18, 2013		/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) (513) 534-8424 Laura Wehby (Investors) (513) 534-7407 Larry Magnesen (Media) (513) 534-8055	FOR IMMEDIATE RELEASE July 18, 2013

FIFTH THIRD ANNOUNCES SECOND QUARTER 2013 NET INCOME TO COMMON SHAREHOLDERS OF $594 MILLION OR $0.66 PER DILUTED SHARE

• 2Q13 net income available to common shareholders of $594 million, or $0.66 per diluted common share, vs. $413 million or $0.46 per share in 1Q13, up 43%, and $376 million or $0.40 per share in 2Q12, up 65%

• 2Q13 results included a benefit of $242 million pre-tax (~$157 million after-tax, or ~$0.17 per share) on the sale of shares of Vantiv and $76 million pre-tax (~$49 million after-tax, or ~$0.05 per share) on the valuation of the warrant Fifth Third holds in Vantiv

• In 1Q13 and 2Q12, the benefit of the valuation of the warrant Fifth Third holds in Vantiv was $34 million pre-tax (~$22 million after-tax, or ~$0.02 per share) and $56 million pre-tax (~$36 million after-tax, or ~$0.04 per share), respectively

• 2Q13 return on assets (ROA) of 1.98%; return on average common equity of 17.6%; return on average tangible common equity** of 21.6%

• Pre-provision net revenue (PPNR)** of $923 million in 2Q13

• Net interest income (FTE) of $885 million, down 1% sequentially; net interest margin 3.33%; average portfolio loans up 1% sequentially (includes impact from 1Q13 securitization of auto loans); period end loans up 2%

• Noninterest income of $1.1 billion compared with $743 million in prior quarter; increase largely driven by sale of Vantiv shares. Excluding Vantiv, noninterest income of $742 million up 5% from $709 million in 1Q13.

• Noninterest expense of $1.0 billion, up 4% from 1Q13; largely driven by increase in litigation reserves

• 2Q13 effective tax rate of 29.8% compared with 30.4% in 1Q13 and 31.8% in 2Q12

• Credit trends remain favorable

• 2Q13 net charge-offs of $112 million (0.51% of loans and leases) vs. 1Q13 NCOs of $133 million (0.63% of loans and leases) and 2Q12 NCOs of $181 million (0.88% of loans and leases)

• 2Q13 provision expense of $64 million vs. provision of $62 million in 1Q13 and $71 million in 2Q12

• Loan loss allowance decreased $48 million sequentially reflecting continued improvement in credit trends; allowance to loan ratio of 1.99%, 151% of nonperforming assets, 191% of nonperforming loans and leases

• Total nonperforming assets (NPAs) of $1.2 billion, including loans held-for-sale (HFS), declined $64 million, or 5%, sequentially; portfolio NPA ratio of 1.32% down 9 bps from 1Q13, NPL ratio of 1.04% down 7 bps from 1Q13

• Strong capital ratios*

• Tier 1 common ratio 9.44%**, down 26 bps sequentially, largely due to repurchases of ~$539 million in common shares announced during the quarter (Basel III pro forma estimate of ~9.10%)

• Tier 1 capital ratio 11.07%, Total capital ratio 14.35%, Leverage ratio 10.41%

• Tangible common equity ratio** of 8.83% excluding unrealized gains/losses; 8.95% including them

• Repurchased ~26 million common shares in 2Q13; average diluted share count reduced by 13 million shares including impact from 1Q13 and 2Q13 share repurchases

• Book value per share of $15.57; tangible book value per share** of $12.71 up 1% from 1Q13 and 7% from 2Q12

* Capital ratios estimated; presented under current U.S. capital regulations. The pro forma Basel III Tier I common equity ratio is management’s estimate based upon its current interpretation of recent prospective regulatory capital requirements approved in July 2013. See “Capital Position” section for more information.

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

Fifth Third Bancorp (Nasdaq: FITB) today reported second quarter 2013 net income of $603 million, compared with net income of $422 million in the first quarter of 2013 and net income of $385 million in the second quarter of 2012. After preferred dividends, second quarter 2013 net income available to common shareholders was $594 million, or $0.66 per diluted share, compared with first quarter net income to common shareholders of $413 million, or $0.46 per diluted share, and net income to common shareholders of $376 million, or $0.40 per diluted share, in the second quarter of 2012.

Second quarter 2013 noninterest income results included a $242 million gain on the sale of Vantiv shares; a $76 million positive valuation adjustment on the Vantiv warrant; a pre-tax benefit of $10 million resulting from a settlement related to a previously surrendered bank-owned life insurance (BOLI) policy; and a $5 million charge related to the valuation of the Visa total return swap. Second quarter noninterest expense included $33 million in charges to increase litigation reserves.

First quarter 2013 noninterest income included a $34 million positive valuation adjustment on the Vantiv warrant; a $7 million gain on the sale of certain Fifth Third Asset Management (FTAM) advisory contracts; and a $7 million charge related to the valuation of the Visa total return swap. Net gains on investment securities were $17 million. First quarter noninterest expense included $9 million in charges to increase litigation reserves. First quarter income tax expense was higher by $12 million due to the seasonal expiration of employee stock options.

Second quarter 2012 results 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 charge related to the valuation of the Visa total return swap. Net gains on investment securities were $3 million. Second quarter 2012 noninterest expense included a $9 million reduction to FDIC insurance expense.

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Earnings Highlights

	For the Three Months Ended															% Change
	June			March			December			September			June
	2013			2013			2012			2012			2012			Seq			Yr/Yr
Earnings ($ in millions)
Net income attributable to Bancorp	$	603		$	422		$	399		$	363		$	385			43	%		57	%
Net income available to common shareholders	$	594		$	413		$	390		$	354		$	376			44	%		58	%
Common Share Data
Earnings per share, basic		0.69			0.47			0.44			0.39			0.41			47	%		68	%
Earnings per share, diluted		0.66			0.46			0.43			0.38			0.40			43	%		65	%
Cash dividends per common share		0.12			0.11			0.10			0.10			0.08			9	%		50	%
Financial Ratios
Return on average assets		1.98	%		1.41	%		1.33	%		1.23	%		1.32	%		40	%		50	%
Return on average common equity		17.6			12.5			11.5			10.4			11.4			41	%		54	%
Return on average tangible common equity		21.6			15.4			14.1			12.8			14.1			40	%		53	%
Tier I capital		11.07			10.83			10.65			10.85			12.31			2	%		(10	%)
Tier I common equity		9.44			9.70			9.51			9.67			9.77			(3	%)		(3	%)
Net interest margin (a)		3.33			3.42			3.49			3.56			3.56			(3	%)		(6	%)
Efficiency (a)		52.3			59.8			65.2			63.7			59.4			(12	%)		(12	%)
Common shares outstanding (in thousands)		851,474			874,645			882,152			897,467			918,913			(3	%)		(7	%)
Average common shares outstanding
(in thousands):
Basic		858,583			870,923			884,676			904,475			913,541			(1	%)		(6	%)
Diluted		900,625			913,163			925,585			944,821			954,622			(1	%)		(6	%)

(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.

“Second quarter results were again strong for Fifth Third,” said Kevin T. Kabat, CEO of Fifth Third Bancorp. “The Company reported $594 million in net income to common shareholders. Return on assets was 1.98 percent and return on average tangible common equity* was 21.6 percent for the quarter including Vantiv-related gains, and were 1.30 percent and 14.1 percent, respectively, excluding them.

“We posted our tenth consecutive quarter of sequential average portfolio loan growth, driven by C&I loan growth of 3 percent. Nearly all fee income categories increased quarter-over-quarter, highlighted by mortgage banking net revenue and corporate banking revenue, which grew 6 and 7 percent, respectively. All major fee categories showed mid-single digit growth year-over-year.

“Credit trends continued to improve as net charge-offs declined 16 percent to $112 million, or 51 basis points of loans, and we saw continued, broad based improvement in nearly every key credit metric.

“During the quarter, we entered into an agreement to repurchase $539 million of common shares. We have approximately $600 million of repurchase capacity remaining under our current CCAR plan extending through March 31, 2014, excluding any potential gains from Vantiv share sales in the future. At the beginning of the third quarter, we converted our Series G preferred stock into common stock, although those shares were already included in our fully diluted share count. Regulatory approval of final capital rules for U.S. banks provides welcome clarity for our management of capital, and our capital position under those rules would remain strong with an estimated pro forma Tier 1 common equity ratio* of 9.1 percent under the new final rules compared with 9.4 percent under current rules.”

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

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Income Statement Highlights

	For the Three Months Ended												% Change
	June		March			December			September		June
	2013		2013			2012			2012		2012		Seq			Yr/Yr
Condensed Statements of Income ($ in millions)
Net interest income (taxable equivalent)	$	885	$	893		$	903		$	907	$	899		(1	%)		(2	%)
Provision for loan and lease losses		64		62			76			65		71		2	%		(11	%)
Total noninterest income		1,060		743			880			671		678		43	%		56	%
Total noninterest expense		1,017		978			1,163			1,006		937		4	%		9	%
Income before income taxes (taxable equivalent)		864		596			544			507		569		45	%		52	%
Taxable equivalent adjustment		5		5			4			4		4		5	%		8	%
Applicable income taxes		256		179			144			139		180		42	%		42	%
Net income		603		412			396			364		385		46	%		56	%
Less: Net income attributable to noncontrolling interest		—		(10	)		(3	)		1		—		NM			10	%
Net income attributable to Bancorp		603		422			399			363		385		43	%		57	%
Dividends on preferred stock		9		9			9			9		9		2	%		2	%
Net income available to common shareholders		594		413			390			354		376		44	%		58	%
Earnings per share, diluted	$	0.66	$	0.46		$	0.43		$	0.38	$	0.40		43	%		65	%

Net Interest Income

	For the Three Months Ended															% Change
	June			March			December			September			June
	2013			2013			2012			2012			2012			Seq			Yr/Yr
Interest Income ($ in millions)
Total interest income (taxable equivalent)	$	989		$	1,000		$	1,020		$	1,027		$	1,031			(1	%)		(4	%)
Total interest expense		104			107			117			120			132			(3	%)		(21	%)
Net interest income (taxable equivalent)	$	885		$	893		$	903		$	907		$	899			(1	%)		(2	%)
Average Yield
Yield on interest-earning assets (taxable equivalent)		3.73	%		3.84	%		3.94	%		4.03	%		4.08	%		(3	%)		(9	%)
Yield on interest-bearing liabilities		0.57	%		0.59	%		0.65	%		0.67	%		0.73	%		(3	%)		(22	%)
Net interest rate spread (taxable equivalent)		3.16	%		3.25	%		3.29	%		3.36	%		3.35	%		(3	%)		(6	%)
Net interest margin (taxable equivalent)		3.33	%		3.42	%		3.49	%		3.56	%		3.56	%		(3	%)		(6	%)
Average Balances ($ in millions)
Loans and leases, including held for sale	$	89,473		$	88,880		$	86,180		$	84,829		$	84,508			1	%		6	%
Total securities and other short-term investments		16,962			16,846			16,765			16,588			17,168			1	%		(1	%)
Total interest-earning assets		106,435			105,726			102,945			101,417			101,676			1	%		5	%
Total interest-bearing liabilities		73,363			74,038			71,420			72,026			73,162			(1	%)		—
Bancorp shareholders’ equity		14,221			13,779			13,855			13,887			13,628			3	%		4	%

Net interest income of $885 million on a fully taxable equivalent basis decreased $8 million from the first quarter and included a $6 million increase due to higher day count in the second quarter. Excluding the impact of day count, the decline in net interest income reflected loan repricing and maturities of interest rate floors, partially offset by net loan growth and the benefit of higher yields on investment securities. Net interest income also benefited from a decline in interest expense driven by the maturity of $750 million in holding company debt and related swaps during the quarter, partially offset by the full quarter impact of the $1.3 billion bank note issuance and related swaps in the first quarter.

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The net interest margin was 3.33 percent, a decrease of 9 bps from 3.42 percent in the previous quarter. The decline in net interest margin was primarily driven by lower loan yields and the maturity of interest rate floors, partially offset by higher securities yields and the debt maturity in the first quarter. The impact of day count reduced the net interest margin by 1 bp.

Compared with the second quarter of 2012, net interest income decreased $14 million and the net interest margin decreased 23 bps, driven by lower asset yields partially offset by higher average loan balances, lower long-term debt expense, and run-off in higher-priced CDs.

Securities

Average securities and other short-term investments were $17.0 billion in the second quarter of 2013 compared with $16.8 billion in the previous quarter and $17.2 billion in the second quarter of 2012. On an end of period basis, available for sale securities of $16.2 billion increased $924 million from the prior quarter as a result of the pre-investment of expected portfolio cash flows. Other short-term investment end of period balances of $1.1 billion declined $1.2 billion from unusually high cash balances held at the Federal Reserve at the end of the first quarter.

Loans

	For the Three Months Ended										% Change
	June 2013		March 2013		December 2012		September 2012		June 2012		Seq			Yr/Yr
Average Portfolio Loans and Leases ($ in millions)
Commercial:
Commercial and industrial loans	$	37,630	$	36,395	$	34,301	$	33,111	$	32,734		3	%		15	%
Commercial mortgage		8,618		8,965		9,193		9,567		9,810		(4	%)		(12	%)
Commercial construction		713		695		686		742		873		3	%		(18	%)
Commercial leases		3,552		3,556		3,509		3,481		3,469		—			2	%
Subtotal—commercial loans and leases		50,513		49,611		47,689		46,901		46,886		2	%		8	%
Consumer:
Residential mortgage loans		12,260		12,096		11,846		11,578		11,274		1	%		9	%
Home equity		9,625		9,872		10,129		10,312		10,430		(2	%)		(8	%)
Automobile loans		11,887		11,961		11,944		11,812		11,755		(1	%)		1	%
Credit card		2,071		2,069		2,029		1,971		1,915		—			8	%
Other consumer loans and leases		351		294		306		314		326		20	%		8	%
Subtotal—consumer loans and leases		36,194		36,292		36,254		35,987		35,700		—			1	%
Total average loans and leases (excluding held for sale)	$	86,707	$	85,903	$	83,943	$	82,888	$	82,586		1	%		5	%
Average loans held for sale		2,766		2,977		2,237		1,941		1,922		(7	%)		44	%

Average loan and lease balances (excluding loans held-for-sale) increased $804 million, or 1 percent, sequentially and increased $4.1 billion, or 5 percent, from the second quarter of 2012. Period end loan and lease balances (excluding loans held-for-sale) increased $1.4 billion, or 2 percent sequentially and increased $4.7 billion, or 6 percent, from a year ago. Comparisons reflect the securitization of approximately $500 million of auto loans in March 2013, as the full quarter impact of the securitization reduced average portfolio loans by $338 million compared with the first quarter of 2013.

Average commercial portfolio loan and lease balances were up $902 million, or 2 percent, sequentially and increased $3.6 billion, or 8 percent, from the second quarter of 2012. Average commercial and industrial (C&I) loans increased 3 percent sequentially and increased 15 percent compared with the second quarter of 2012. Average commercial mortgage and

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commercial construction loan balances combined declined 3 percent sequentially and declined 13 percent from the same period in the previous year. Commercial line usage, on an end of period basis, was 31 percent of committed lines in the second quarter of 2013 compared with 31 percent in the first quarter of 2013 and 32 percent in the second quarter of 2012.

Average consumer portfolio loan and lease balances were flat sequentially and increased $494 million, or 1 percent, from the second quarter of 2012. In the first quarter, approximately $500 million in auto loans were reclassified to held-for-sale in anticipation of their securitization and sale, which took place at the end of March. The full quarter impact of the securitization reduced average portfolio loans by $338 million compared with the first quarter of 2013. Average residential mortgage loans increased 1 percent sequentially and increased 9 percent from a year ago, reflecting the continued retention of certain shorter term residential mortgage loans. Average auto loans declined 1 percent sequentially and increased 1 percent from the second quarter of 2012, and included the effect of the first quarter 2013 auto securitization. Average home equity loan balances declined 2 percent sequentially and declined 8 percent year-over-year due to lower demand and production.

Average loans held-for-sale balances of $2.8 billion decreased $211 million sequentially, primarily reflecting a $135 million decrease in auto loans that were moved to held-for-sale prior to being securitized and sold at the end of March. Average loans held-for-sale balances increased $844 million compared with the second quarter of 2012. Period end loans held-for-sale of $2.1 billion decreased $543 million from the previous quarter and increased $285 million from the second quarter of 2012 reflecting fluctuations in residential mortgage held-for-sale balances.

Deposits

	For the Three Months Ended										% Change
	June 2013		March 2013		December 2012		September 2012		June 2012		Seq			Yr/Yr
Average Deposits ($ in millions)
Demand deposits	$	29,682	$	28,565	$	29,223	$	27,127	$	26,351		4	%		13	%
Interest checking		22,796		23,763		23,556		22,967		23,548		(4	%)		(3	%)
Savings		18,864		19,576		20,216		21,283		22,143		(4	%)		(15	%)
Money market		8,918		7,932		6,026		4,776		4,258		12	%		NM
Foreign office (a)		1,418		1,102		1,174		1,345		1,321		29	%		7	%
Subtotal—Transaction deposits		81,678		80,938		80,195		77,498		77,621		1	%		5	%
Other time		3,859		3,982		4,094		4,224		4,359		(3	%)		(11	%)
Subtotal—Core deposits		85,537		84,920		84,289		81,722		81,980		1	%		4	%
Certificates—$100,000 and over		6,519		4,017		3,084		3,016		3,130		62	%		NM
Other		10		40		32		32		23		(74	%)		(55	%)
Total deposits	$	92,066	$	88,977	$	87,405	$	84,770	$	85,133		3	%		8	%

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

Average core deposits increased $617 million, or 1 percent, sequentially and increased $3.6 billion, or 4 percent, from the second quarter of 2012. Average transaction deposits, which are included in core deposits, increased $740 million, or 1 percent, from the first quarter of 2013 primarily driven by higher demand deposits and money market balances, partially offset by lower interest checking and savings balances. Year-over-year transaction deposits increased $4.1 billion, or 5 percent, driven by higher money market and demand deposits, partially offset by lower savings and interest checking balances. Other time deposits, primarily CDs, decreased 3 percent sequentially and 11 percent compared with the second quarter of 2012.

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Commercial average transaction deposits increased 1 percent sequentially and increased 4 percent from the previous year. Sequential performance reflected higher foreign office, demand deposit, and money market balances partially offset by lower interest checking balances. Year-over-year growth was primarily driven by higher inflows to demand deposit and money market account balances. Average public funds balances were $5.2 billion compared with $5.5 billion in the first quarter of 2013 and $5.7 billion in the second quarter of 2012.

Consumer average transaction deposits increased 1 percent sequentially and increased 6 percent from the second quarter of 2012. The sequential increase reflected higher demand deposit and money market deposits, which were partially offset by lower savings and interest checking balances. Year-over-year growth was driven by increased money market and demand deposit balances partially offset by lower savings and interest checking balances. Consumer CDs included in core deposits declined 3 percent sequentially, driven by customer reluctance to purchase CDs given the continued low rate environment, and declined 11 percent year-over-year driven by maturities of higher-rate CDs.

Wholesale Funding

	For the Three Months Ended										% Change
	June 2013		March 2013		December 2012		September 2012		June 2012		Seq			Yr/Yr
Average Wholesale Funding ($ in millions)
Certificates—$100,000 and over	$	6,519	$	4,017	$	3,084	$	3,016	$	3,130		62	%		NM
Other deposits		10		40		32		32		23		(74	%)		(55	%)
Federal funds purchased		560		691		794		664		408		(19	%)		37	%
Other short-term borrowings		2,867		5,429		4,553		4,856		4,303		(47	%)		(33	%)
Long-term debt		7,552		7,506		7,891		8,863		9,669		1	%		(22	%)
Total wholesale funding	$	17,508	$	17,683	$	16,354	$	17,431	$	17,533		(1	%)		—

Average wholesale funding of $17.5 billion decreased $175 million, or 1 percent, sequentially and was flat compared with the second quarter of 2012. The sequential and year-over-year comparisons reflect lower short-term borrowings, primarily short-term FHLB borrowings, partially offset by the issuance of certificates $100,000 and over. Average long-term debt balances reflected the full quarter impact of the $1.3 billion bank note issuance in the first quarter partially offset by the $750 million and $500 million senior note maturities in the second quarter of 2013.

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Noninterest Income

	For the Three Months Ended											% Change
	June 2013		March 2013		December 2012			September 2012		June 2012		Seq			Yr/Yr
Noninterest Income ($ in millions)
Service charges on deposits	$	136	$	131	$	134		$	128	$	130		4	%		4	%
Corporate banking revenue		106		99		114			101		102		7	%		4	%
Mortgage banking net revenue		233		220		258			200		183		6	%		28	%
Investment advisory revenue		98		100		93			92		93		(2	%)		6	%
Card and processing revenue		67		65		66			65		64		4	%		6	%
Other noninterest income		414		109		215			78		103		NM			NM
Securities gains, net		—		17		2			2		3		(99	%)		(96	%)
Securities gains (losses), net—non-qualifying hedges on mortgage servicing rights		6		2		(2	)		5		—		NM			NM
Total noninterest income	$	1,060	$	743	$	880		$	671	$	678		43	%		56	%

NM: Not Meaningful

Noninterest income of $1.1 billion increased $317 million sequentially and increased $382 million compared with prior year results. The sequential and year-over-year increases were driven by the $242 million gain on the sale of Vantiv shares and a higher valuation adjustment on the Vantiv warrant. Vantiv warrant valuation adjustments were a positive $76 million in the second quarter of 2013 compared with positive $34 million and positive $56 million in the first quarter of 2013 and second quarter of 2012, respectively. Excluding these Vantiv-related benefits, noninterest income increased $33 million, or 5 percent, from the first quarter and $120 million, or 19 percent, from the second quarter of 2012.

Second quarter 2013 results also included a pre-tax benefit of $10 million resulting from a settlement related to a previously surrendered BOLI policy and a $5 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 $7 million in the first quarter of 2013 and $11 million in the second quarter of 2012. First quarter 2013 results also included $7 million in gains on the sale of certain FTAM advisory contracts. Second quarter 2012 results also included $17 million in lower of cost or market adjustments associated with bank premises held-for-sale. Excluding these items, the aforementioned Vantiv-related impacts, and investment securities gains in all periods, noninterest income of $737 million increased $45 million, or 7 percent, from the previous quarter and increased $90 million, or 14 percent, from the second quarter of 2012. The sequential comparison primarily reflected higher mortgage banking net revenue, corporate banking revenue, and service charges on deposits. The year-over-year comparison primarily reflected higher mortgage banking net revenue and mid-single digit growth in most other fee categories.

Service charges on deposits of $136 million increased 4 percent from the first quarter and increased 4 percent compared with the same quarter last year. Retail service charges increased 10 percent sequentially and 4 percent from the second quarter of 2012 primarily due to the transition to our new and simplified deposit product offerings. Commercial service charges increased 1 percent sequentially and increased 5 percent from a year ago primarily as a result of higher treasury management fees.

Corporate banking revenue of $106 million increased 7 percent from the first quarter of 2013 and 4 percent from the same period last year. The sequential and year-over-year increases were primarily driven by higher syndication fees, interest rate derivatives, foreign exchange fees, and business lending fees, partially offset by lower institutional sales revenue and letter of credit fees.

8

Mortgage banking net revenue was $233 million in the second quarter of 2013, a 6 percent increase from the first quarter of 2013 and a 28 percent increase from the second quarter of 2012. Second quarter 2013 originations were a record $7.5 billion, compared with $7.4 billion in the previous quarter and $5.9 billion in the second quarter of 2012. Second quarter 2013 originations resulted in gains of $150 million on mortgages sold, compared with gains of $169 million during the previous quarter and $183 million during the second quarter of 2012. The decline from the prior quarter and prior year primarily reflected lower gain on sale margins. Mortgage servicing fees this quarter were $62 million, compared with $61 million in the previous quarter and $63 million in the second quarter of 2012. 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 positive $21 million in the second quarter of 2013 (reflecting MSR amortization of $51 million and MSR valuation adjustments of positive $72 million); negative $10 million in the first quarter of 2013 (MSR amortization of $53 million and MSR valuation adjustments of positive $43 million); and negative $63 million in the second quarter of 2012 (MSR amortization of $41 million and MSR valuation adjustments of negative $22 million). The mortgage servicing asset, net of the valuation reserve, was $894 million at quarter end on a servicing portfolio of $67 billion.

Net gains on securities held as non-qualifying hedges for the MSR portfolio were $6 million in the second quarter of 2013, compared with net gains of $2 million in the first quarter of 2013 and no gains or losses in the second quarter of 2012.

Investment advisory revenue of $98 million decreased 2 percent from record first quarter levels and increased 6 percent year-over-year. The sequential decline reflected lower tax-related private client services revenue, which is seasonally strong in the first quarter. The year-over-year increase was due to higher private client services revenue, brokerage fees, and institutional fees, resulting from increased production and an improvement in equity and bond market values. This fee revenue was partially offset by the absence of mutual fund fees due to the sale of certain Fifth Third funds in the third quarter of 2012.

Card and processing revenue of $67 million in the second quarter of 2013 increased 4 percent sequentially and increased 6 percent from the second quarter of 2012. The sequential increase reflected higher transactions volumes compared with seasonally weaker first quarter volumes. The year-over-year increase reflected the impact of higher transaction volumes, higher levels of consumer spending, and the benefit of new products.

Other noninterest income totaled $414 million in the second quarter of 2013, compared with $109 million in the previous quarter and $103 million in the second quarter of 2012. The second quarter of 2013 included a $242 million gain from the sale of Vantiv shares and a $10 million benefit resulting from a settlement related to a previously surrendered BOLI policy. Other noninterest income also included effects of the valuation of the Vantiv warrant and changes in income related to the valuation of the Visa total return swap. For the quarters ending June 30, 2013, March 31, 2013, and June 30, 2012, the impact of warrant valuation adjustments were positive $76 million, positive $34 million, and positive $56 million, respectively, and changes in income related to the Visa total return swap were losses of $5 million, $7 million, and $11 million, respectively. First quarter 2013 results also included $7 million in gains on the sale of certain FTAM advisory

9

contracts. 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 $91 million increased approximately $16 million, or 21 percent, from the first quarter of 2013 and the second quarter of 2012.

Net credit-related costs recognized in other noninterest income were $6 million in the second quarter of 2013 versus $10 million last quarter and $17 million in the second quarter of 2012. Second quarter 2013 results included no material gains or losses on sales of commercial loans held-for-sale and $1 million of fair value charges on commercial loans held-for-sale, as well as $5 million of losses on other real estate owned (OREO). First quarter 2013 results included $2 million of net gains on sales of commercial loans held-for-sale and $1 million of fair value charges on commercial loans held-for-sale, as well as $10 million of losses on OREO. Second quarter 2012 results included $8 million of net gains on sales of commercial loans held-for-sale, $5 million of fair value charges on commercial loans held-for-sale, and $19 million of losses on OREO.

Net gains on investment securities were immaterial in the second quarter of 2013, compared with investment securities gains of $17 million in the previous quarter and $3 million in the second quarter of 2012.

Noninterest Expense

	For the Three Months Ended										% Change
	June		March		December		September		June
	2013		2013		2012		2012		2012		Seq			Yr/Yr
Noninterest Expense ($ in millions)
Salaries, wages and incentives	$	404	$	399	$	416	$	399	$	393		1	%		3	%
Employee benefits		83		114		96		79		84		(27	%)		(1	%)
Net occupancy expense		76		79		76		76		74		(3	%)		4	%
Technology and communications		50		49		52		49		48		—			3	%
Equipment expense		28		28		27		28		27		(1	%)		1	%
Card and processing expense		33		31		31		30		30		6	%		10	%
Other noninterest expense		343		278		465		345		281		23	%		22	%
Total noninterest expense	$	1,017	$	978	$	1,163	$	1,006	$	937		4	%		9	%

Noninterest expense of $1.0 billion increased 4 percent from the first quarter of 2013 and increased 9 percent versus the second quarter of 2012. Second quarter 2013 expenses included $33 million in charges to increase litigation reserves; and a $2 million benefit from the sale of affordable housing investments. First quarter 2013 expenses included a $9 million benefit from the sale of affordable housing investments and $9 million in charges to increase litigation reserves. 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. Excluding these items, noninterest expense of $986 million increased $8 million, or 1 percent, compared with the first quarter of 2013 and increased $32 million, or 3 percent, compared with the second quarter of 2012. Second quarter 2013 also included a net $6 million increase in the mortgage representation and warranty reserve, driven by a $9 million increase in the reserve as a result of additional information obtained from Freddie Mac regarding changes to their selection criteria for future mortgage repurchases and file requests. As such, we are 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 53 percent of the outstanding balance of sold loans.) The sequential comparison included a decrease in benefits expense due to seasonally higher FICA and unemployment costs in the first quarter. Sequential and year-over-year comparisons also reflected increased compensation-related expenses.

10

Credit costs related to problem assets recorded as noninterest expense totaled $35 million in the second quarter of 2013, compared with $24 million in the first quarter of 2013 and $40 million in the second quarter of 2012. Second quarter credit-related expenses included provision expense for mortgage repurchases of $20 million, compared with $20 million in the first quarter and $18 million a year ago. (Realized mortgage repurchase losses were $14 million in the second quarter of 2013, compared with $20 million last quarter and $16 million in the second quarter of 2012.) Provision for unfunded commitments was a benefit of $2 million in the current quarter, compared with a benefit of $11 million last quarter and a benefit of $1 million a year ago. Derivative valuation adjustments related to customer credit risk were a net zero, positive $1 million, and a net zero for this quarter, last quarter and the year ago quarter, respectively. OREO expense was $3 million this quarter, compared with $4 million last quarter and $5 million a year ago. Other problem asset-related expenses were $14 million in the second quarter, compared with $12 million the previous quarter and $19 million in the same period last year.

Credit Quality

	For the Three Months Ended
	June			March			December			September			June
	2013			2013			2012			2012			2012
Total net losses charged off ($ in millions)
Commercial and industrial loans	($	33	)	($	25	)	($	36	)	($	29	)	($	46	)
Commercial mortgage loans		(10	)		(26	)		(17	)		(28	)		(25	)
Commercial construction loans		—			(3	)		(4	)		(4	)		—
Commercial leases		(2	)		—			1			(1	)		(7	)
Residential mortgage loans		(15	)		(20	)		(23	)		(26	)		(36	)
Home equity		(23	)		(30	)		(34	)		(37	)		(39	)
Automobile loans		(5	)		(4	)		(9	)		(7	)		(7	)
Credit card		(19	)		(20	)		(19	)		(18	)		(18	)
Other consumer loans and leases		(5	)		(5	)		(6	)		(6	)		(3	)
Total net losses charged off		(112	)		(133	)		(147	)		(156	)		(181	)
Total losses		(145	)		(168	)		(177	)		(188	)		(219	)
Total recoveries		33			35			30			32			38
Total net losses charged off	($	112	)	($	133	)	($	147	)	($	156	)	($	181	)
Ratios (annualized)
Net losses charged off as a percent of average loans and leases (excluding held for sale)		0.51	%		0.63	%		0.70	%		0.75	%		0.88	%
Commercial		0.36	%		0.44	%		0.46	%		0.53	%		0.67	%
Consumer		0.73	%		0.89	%		1.01	%		1.04	%		1.15	%

Net charge-offs were $112 million in the second quarter of 2013, or 51 bps of average loans on an annualized basis, the lowest ratio since the first quarter of 2007. Net charge-offs declined 16 percent compared with first quarter 2013 net charge-offs of $133 million, and declined 39 percent versus second quarter 2012 net charge-offs of $181 million.

Commercial net charge-offs were $45 million, or 36 bps, the lowest ratio since the third quarter of 2007. Commercial net charge-offs declined $9 million compared with $54 million, or 44 bps, in the first quarter. C&I net charge-offs were $33 million, an increase of $8 million from $25 million in the previous quarter. Commercial mortgage net charge-offs totaled $10 million, down $16 million compared with $26 million in the prior quarter. Commercial construction net charge-offs were zero in the second quarter, down $3 million compared with the previous quarter.

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Consumer net charge-offs were $67 million, or 73 bps, down $12 million sequentially to the lowest ratio since the second quarter of 2007. Net charge-offs on residential mortgage loans in the portfolio were $15 million, down $5 million from the previous quarter. Home equity net charge-offs were $23 million, down $7 million from the first quarter of 2013. Net charge-offs on brokered home equity loans represented 32 percent of second quarter home equity losses; such loans are 13 percent of the total home equity portfolio. The home equity portfolio included $1.2 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 $5 million increased $1 million compared with the prior quarter. Net charge-offs on consumer credit card loans were $19 million, down $1 million from first quarter. Net charge-offs on other consumer loans were $5 million, or flat compared with the previous quarter.

	For the Three Months Ended
	June			March			December			September			June
	2013			2013			2012			2012			2012
Allowance for Credit Losses ($ in millions)
Allowance for loan and lease losses, beginning	$	1,783		$	1,854		$	1,925		$	2,016		$	2,126
Total net losses charged off		(112	)		(133	)		(147	)		(156	)		(181	)
Provision for loan and lease losses		64			62			76			65			71
Allowance for loan and lease losses, ending		1,735			1,783			1,854			1,925			2,016
Reserve for unfunded commitments, beginning		168			179			176			178			179
Provision for unfunded commitments		(2	)		(11	)		3			(2	)		(1	)
Reserve for unfunded commitments, ending		166			168			179			176			178
Components of allowance for credit losses:
Allowance for loan and lease losses		1,735			1,783			1,854			1,925			2,016
Reserve for unfunded commitments		166			168			179			176			178
Total allowance for credit losses	$	1,901		$	1,951		$	2,033		$	2,101		$	2,194
Allowance for loan and lease losses ratio
As a percent of loans and leases		1.99	%		2.08	%		2.16	%		2.32	%		2.45	%
As a percent of nonperforming loans and leases (a)		191	%		187	%		180	%		167	%		150	%
As a percent of nonperforming assets (a)		151	%		147	%		144	%		133	%		125	%

(a) Excludes nonaccrual loans and leases in loans held for sale

Provision for loan and lease losses totaled $64 million in the second quarter of 2013, up $2 million from the first quarter of 2013 and down $7 million from the second quarter of 2012. The allowance for loan and lease losses declined $48 million sequentially reflecting continued improvement in credit trends. The allowance represented 1.99 percent of total loans and leases outstanding as of quarter end, compared with 2.08 percent last quarter, and represented 191 percent of nonperforming loans and leases, and 151 percent of nonperforming assets.

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	As of
	June			March			December			September			June
	2013			2013			2012			2012			2012
Nonperforming Assets and Delinquent Loans ($ in millions)
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	274		$	229		$	234		$	309		$	377
Commercial mortgage loans		169			184			215			263			357
Commercial construction loans		39			66			70			76			99
Commercial leases		1			1			1			5			3
Residential mortgage loans		96			110			114			126			135
Home equity		28			28			30			29			30
Automobile loans		—			—			—			—			1
Other consumer loans and leases		—			—			1			—			—
Total nonaccrual loans and leases	$	607		$	618		$	665		$	808		$	1,002
Restructured loans and leases—commercial (nonaccrual)		140	(c)		159	(c)		177			153			147
Restructured loans and leases—consumer (nonaccrual)		162			174			187			192			193
Total nonperforming loans and leases	$	909		$	951		$	1,029		$	1,153		$	1,342
Repossessed personal property		6			7			8			10			9
Other real estate owned (a)		235			252			249			283			268
Total nonperforming assets (b)	$	1,150		$	1,210		$	1,286		$	1,446		$	1,619
Nonaccrual loans held for sale		15			16			25			38			55
Restructured loans—commercial (nonaccrual) held for sale		—			3			4			5			5
Total nonperforming assets including loans held for sale	$	1,165		$	1,229		$	1,315		$	1,489		$	1,679
Restructured Consumer loans and leases (accrual)	$	1,671		$	1,683		$	1,655		$	1,641		$	1,634
Restructured Commercial loans and leases (accrual)	$	475	(c)	$	441	(c)	$	431		$	442		$	455
Total loans and leases 90 days past due	$	152		$	164		$	195		$	201		$	203
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		1.04	%		1.11	%		1.19	%		1.38	%		1.62	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (b)		1.32	%		1.41	%		1.49	%		1.73	%		1.96	%

(a) Excludes government insured advances.

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

(c) Excludes $21.5 million of restructured nonaccrual loans and $7.6 million of restructured accruing loans associated with a consolidated variable interest entity in which the Bancorp has no continuing credit risk.

Total nonperforming assets, including loans held-for-sale, were $1.2 billion, a decline of $64 million, or 5 percent, from the previous quarter. Nonperforming assets held-for-investment (NPAs) were $1.2 billion, or 1.32 percent, of total loans, leases and OREO, and decreased $60 million, or 5 percent, from the previous quarter. Nonperforming loans held-for-investment (NPLs) at quarter end were $909 billion or 1.04 percent of total loans, leases and OREO, and decreased $42 million, or 4 percent, from the previous quarter.

Commercial portfolio NPAs were $794 million, or 1.56 percent of commercial loans, leases and OREO, and decreased $34 million, or 4 percent, from the first quarter. Commercial portfolio NPLs were $623 million, or 1.23 percent of commercial loans and leases, and decreased $16 million from last quarter. C&I portfolio NPAs of $361 million increased $29 million from the prior quarter. Commercial mortgage portfolio NPAs were $355 million, down $54 million from the previous quarter. Commercial construction portfolio NPAs were $69 million, a decrease of $9 million from the previous quarter. Commercial real estate loans in Michigan and Florida represented 50 percent of commercial real estate NPAs and 36 percent of our total commercial real estate portfolio. Within the overall commercial loan portfolio, residential real estate builder and developer portfolio NPAs of $63 million declined $16 million from the first quarter, of which $38 million were commercial mortgage assets, $18 million were commercial construction assets and $7 million were C&I assets. Commercial portfolio NPAs included $140 million of nonaccrual troubled debt restructurings (TDRs), compared with $159 million last quarter.

13

Consumer portfolio NPAs of $356 million, or 0.98 percent of consumer loans, leases and OREO, decreased $26 million from the first quarter. Consumer portfolio NPLs were $286 million, or 0.79 percent of consumer loans and leases and decreased $26 million from last quarter. Of consumer NPAs, $312 million were in residential real estate portfolios. Residential mortgage NPAs were $254 million, $21 million lower than last quarter, with Florida representing 44 percent of residential mortgage NPAs and 13 percent of total residential mortgage loans. Home equity NPAs of $57 million were down $1 million compared with last quarter. Credit card NPAs were down $3 million compared to the previous quarter at $37 million. Consumer nonaccrual TDRs were $162 million in the second quarter of 2013, compared with $174 million in the first quarter 2013.

Second quarter OREO balances included in portfolio NPA balances described above were $235 million, down $17 million from the first quarter, and included $171 million in commercial OREO and $64 million in consumer OREO. Repossessed personal property of $6 million consisted largely of autos.

Loans still accruing over 90 days past due were $152 million, down $12 million, or 7 percent, from the first quarter of 2013. Commercial balances over 90 days past due were immaterial. Consumer balances 90 days past due of $152 million were down $11 million from the previous quarter. Loans 30-89 days past due of $258 million decreased $48 million, or 16 percent, from the previous quarter. Commercial balances 30-89 days past due of $7 million were down $30 million sequentially and consumer balances 30-89 days past due of $251 million decreased $18 million from the first quarter, reflecting declines in most categories. The above delinquencies figures exclude nonaccruals described previously.

Commercial nonaccrual loans held-for-sale were $15 million, compared with $19 million at the end of the first quarter.

14

Capital Position

	For the Three Months Ended
	June			March			December			September			June
	2013			2013			2012			2012			2012
Capital Position
Average shareholders’ equity to average assets		11.64	%		11.38	%		11.65	%		11.82	%		11.58	%
Tangible equity (a)		9.65	%		9.36	%		9.17	%		9.45	%		9.50	%
Tangible common equity (excluding unrealized gains/losses) (a)		8.83	%		9.03	%		8.83	%		9.10	%		9.15	%
Tangible common equity (including unrealized gains/losses) (a)		8.95	%		9.28	%		9.10	%		9.45	%		9.49	%
Tangible common equity as a percent of risk-weighted assets (excluding unrealized gains/losses) (a) (b)		9.50	%		9.77	%		9.57	%		9.74	%		9.84	%
Regulatory capital ratios: (c)
Tier I capital		11.07	%		10.83	%		10.65	%		10.85	%		12.31	%
Total risk-based capital		14.35	%		14.35	%		14.42	%		14.76	%		16.24	%
Tier I leverage		10.41	%		10.03	%		10.05	%		10.09	%		11.39	%
Tier I common equity (a)		9.44	%		9.70	%		9.51	%		9.67	%		9.77	%
Book value per share		15.57			15.42			15.10			14.84			14.56
Tangible book value per share (a)		12.71			12.62			12.33			12.12			11.89

(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, reflecting growth in retained earnings, the perpetual preferred stock issuance, and the impact of share repurchase activity during the quarter. Compared with the prior quarter, the Tier 1 common equity ratio* decreased 26 bps to 9.44 percent, and included a 48 bps reduction due to repurchases of approximately $539 million in common shares announced during the quarter. The tangible common equity to tangible assets ratio* was 8.83 percent (excluding unrealized gains/losses) and 8.95 percent (including unrealized gains/losses). The Tier 1 capital ratio increased 24 bps to 11.07 percent. The Total capital ratio was flat at 14.35 percent and the Leverage ratio increased 38 bps to 10.41 percent. The Tier 1 and Total capital ratios reflected the $593 million issuance of perpetual preferred stock during the quarter.

Book value per share at June 30, 2013 was $15.57 and tangible book value per share* was $12.71, compared with March 31, 2013 book value per share of $15.42 and tangible book value per share of $12.62. Both measures included the impact of retained earnings and share repurchase activity.

As previously announced, Fifth Third entered into a share repurchase agreement with a counterparty on January 28, 2013, whereby Fifth Third would purchase approximately $125 million of its outstanding common stock. Upon completion of the agreement on April 5, 2013, an additional 849,037 shares were repurchased. This transaction reduced average share count by approximately 2 million shares in the second quarter. Additionally, as previously announced, Fifth Third entered into a share repurchase agreement with a counterparty on May 21, 2013, whereby Fifth Third would purchase approximately $539 million of its outstanding common stock. For the quarter, this transaction reduced Fifth Third’s share count by 25 million shares on the initial transaction date, which had a 10 million share impact on average share count. Fifth Third expects the settlement of this forward contract to occur on or before October 21, 2013.

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

15

U.S. banking regulators recently approved final capital rules for U.S. banks, including changes to the definition of capital components (i.e. the numerator of capital ratios) and changes to risk-weighting rules for assets (i.e. the denominator of capital ratios). These final rules implement portions of rules proposed by international banking regulators known as Basel III and Basel II. Fifth Third is not a Basel “Advanced Approaches” institution. Therefore, Fifth Third would be subject to the general capital rules governing the capital or numerator portion of these final rules and the “Standardized Approach” for risk-weighting assets. Additionally, Fifth Third would have a one-time irrevocable option to neutralize certain accumulated other comprehensive income (AOCI) components in capital, comparable to treatment under prevailing capital rules. Fifth Third will also be subject to the Market Risk Rule for trading assets and liabilities, which has been re-proposed for alignment with the other final capital rules. We continue to evaluate the final rule and its impact, which would apply beginning reporting periods after January 1, 2015.

Our current estimate of the pro-forma fully phased in Tier I common equity ratio at June 30, 2013 under the final capital rule, assuming the Company elected to maintain the current treatment of AOCI components in capital, would be approximately 9.10 percent**. This would compare with 9.44 percent* as calculated under the currently prevailing Basel I capital framework. The primary drivers of the change from the prevailing capital framework to the Basel III framework would be an increase in Tier I common equity of approximately 9 bps, which would be more than offset by modestly higher risk-weighted assets. (The largest impact to the numerator is that the new rules would not require the current 10 percent deduction of mortgage servicing rights assets; the largest changes to the denominator would be the treatment of securitizations and lending commitments of less than a year.) Fifth Third’s previous estimates of its pro forma Basel III Tier 1 common equity ratio assumed, as previously proposed, the inclusion of AOCI components in capital and the proposed risk-weighting treatment for 1-4 family senior and junior lien residential mortgages. Those factors would have caused the most significant pro forma impacts to previously proposed regulatory common equity ratios. Should Fifth Third make the election to include AOCI components in capital, the June 30, 2013 pro forma Basel III Tier 1 common ratio would be increased by approximately 13 bps. Fifth Third’s pro forma Tier 1 common equity ratio exceeds the minimum buffered Tier 1 common equity ratio of 7 percent, comprising a minimum of 4.5 percent plus a capital conservation buffer of 2.5 percent. The pro forma Tier 1 common equity ratio does not include the effect of any mitigating actions the Bancorp may undertake to offset any impact of the final capital rules.

The new regulations approved by U.S. banking regulators also cease Tier 1 capital treatment for outstanding trust preferred securities (“TruPS”) for banking organizations greater than $15 billion by January 1, 2016. Fifth Third’s Tier 1 and Total capital levels at June 30, 2013 included $810 million of TruPS, or 72 bps of risk weighted assets. Based on regulatory developments, Fifth Third will continue to evaluate the role of these types of securities in its capital structure. Fifth Third included the potential redemption of $750 million in TruPS in its 2013 CCAR plan. To the extent these types of securities remain outstanding during and after the phase-in period, they would continue to be included in Total capital, as approved in the capital rules described above. We expect to manage our capital structure over time – including the components represented by common equity and non-common equity – to adapt to and reflect the effect of changes in U.S. bank capital regulations, transition periods for inclusion of capital components in capital, regulatory expectations, and our goals for capital levels and capital composition, as appropriate.

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

** Capital ratios estimated; presented under current U.S. capital regulations. The pro forma Basel III Tier I common equity ratio is management’s estimate based upon its current interpretation of recent prospective regulatory capital requirements approved in July 2013.

16

Fifth Third is subject to the Federal Reserve’s (FRB) Capital Plans Rule which was issued November 9, 2012. Under this rule, we are required to submit our annual capital plan to the Federal Reserve, for its objection or non-objection. The plan includes those capital actions Fifth Third intends to pursue or contemplate during the period covered by the FRB’s response, which is the second quarter of 2013 through the first quarter of 2014. These actions were more fully described in our March 14, 2013 announcement that the FRB did not object to Fifth Third’s 2013 CCAR capital plan. Any such actions would be based on environmental and market conditions, earnings results, our capital position, and other factors, as well as approval by the Fifth Third Board of Directors, at the time.

Pursuant to Fifth Third’s 2013 CCAR capital plan, Fifth Third issued $593 million of 5.10 percent fixed-to-floating non-cumulative perpetual preferred stock (Series H preferred stock) on May 16, 2013. Additionally, pursuant to its capital plan, on June 11, 2013, Fifth Third provided notice that its Board of Directors had authorized the conversion of all $398 million in outstanding Depositary Shares representing Series G 8.5 percent convertible preferred stock into approximately 35.5 million common shares issued to the holders. (Note that these securities have been accounted for under the “if-converted” method for inclusion in common shares for diluted earnings per share reporting purposes.) Effective as of the close of the market on July 1, 2013, after the close of the second quarter of 2013, Fifth Third converted all remaining outstanding shares of Series G Preferred Stock, represented by 4,110,500 Depositary Shares, into shares of Fifth Third’s Common Stock. Each Depositary Share was convertible into 8.6393 shares of Common Stock, and the aggregate number of shares of Common Stock issued in this conversion was 35,511,740.

Tax Rate

The effective tax rate was 29.8 percent this quarter compared with 30.4 percent in the first quarter. The higher first quarter tax rate included the seasonal impact of the expiration of employee stock options.

Other

Fifth Third Bank owns 53.8 million units representing a 28 percent interest in Vantiv Holding, LLC, convertible into shares of Vantiv, Inc., a publicly traded firm (NYSE: VNTV). Based upon Vantiv’s closing price of $27.60 on June 28, 2013, our interest in Vantiv was valued at approximately $1.5 billion. Next month in our 10-Q, we will update our disclosure of the carrying value of our interest in Vantiv stock, which was $574 million as of March 31, 2013. The difference between the market value and the book value of Fifth Third’s interest in Vantiv’s shares 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 $287 million as of June 30, 2013.

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).

17

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, August 1 by dialing 800-585-8367 for domestic access and 404-537-3406 for international access (passcode 88820035#).

Corporate Profile

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of June 30, 2013, the Company had $123 billion in assets and operated 18 affiliates with 1,326 full-service Banking Centers, including 104 Bank Mart^® locations open seven days a week inside select grocery stores and 2,433 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 28% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2013, had $313 billion in assets under care, of which it managed $27 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.”

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; (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 and deliver products and services 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 June 30, 2013

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
	June 2013			March 2013			June 2012			Seq			Yr/Yr			June 2013			June 2012			Yr/Yr
Income Statement Data
Net interest income (a)	$	885		$	893		$	899			(1	%)		(2	%)	$	1,777		$	1,802			(1	%)
Noninterest income		1,060			743			678			43	%		56	%		1,803			1,448			25	%
Total revenue (a)		1,945			1,636			1,577			19	%		23	%		3,580			3,250			10	%
Provision for loan and lease losses		64			62			71			2	%		(11	%)		126			162			(22	%)
Noninterest expense		1,017			978			937			4	%		9	%		1,996			1,911			4	%
Net income attributable to Bancorp		603			422			385			43	%		57	%		1,024			815			26	%
Net income available to common shareholders		594			413			376			44	%		58	%		1,006			797			26	%
Common Share Data
Earnings per share, basic	$	0.69		$	0.47		$	0.41			47	%		68	%	$	1.16		$	0.87			33	%
Earnings per share, diluted		0.66			0.46			0.40			43	%		65	%		1.12			0.85			32	%
Cash dividends per common share		0.12			0.11			0.08			9	%		50	%		0.23			0.16			44	%
Book value per share		15.57			15.42			14.56			1	%		7	%		15.57			14.56			7	%
Market price per share		18.05			16.31			13.40			11	%		35	%		18.05			13.40			35	%
Common shares outstanding (in thousands)		851,474			874,645			918,913			(3	%)		(7	%)		851,474			918,913			(7	%)
Average common shares outstanding (in thousands):
Basic		858,583			870,923			913,541			(1	%)		(6	%)		864,719			914,383			(5	%)
Diluted		900,625			913,163			954,622			(1	%)		(6	%)		906,860			956,016			(5	%)
Market capitalization	$	15,369		$	14,265		$	12,313			8	%		25	%	$	15,369		$	12,313			25	%
Financial Ratios
Return on assets		1.98	%		1.41	%		1.32	%		40	%		50	%		1.70	%		1.40	%		21	%
Return on average common equity		17.6	%		12.5	%		11.4	%		41	%		54	%		15.1	%		12.2	%		23	%
Return on average tangible common equity (b)		21.6	%		15.4	%		14.1	%		40	%		53	%		18.5	%		15.2	%		22	%
Noninterest income as a percent of total revenue		55	%		45	%		43	%		20	%		27	%		51	%		45	%		13	%
Average equity as a percent of average assets		11.64	%		11.38	%		11.58	%		2	%		—			11.51	%		11.54	%		—
Tangible common equity (c)(d)		8.83	%		9.03	%		9.15	%		(2	%)		(4	%)		8.83	%		9.15	%		(4	%)
Net interest margin (a)		3.33	%		3.42	%		3.56	%		(3	%)		(6	%)		3.38	%		3.59	%		(6	%)
Efficiency (a)		52.3	%		59.8	%		59.4	%		(12	%)		(12	%)		55.5	%		58.8	%		(6	%)
Effective tax rate		29.8	%		30.4	%		31.8	%		(2	%)		(6	%)		30.1	%		30.2	%		—
Credit Quality
Net losses charged off	$	112		$	133		$	181			(16	%)		(39	%)	$	245		$	401			(39	%)
Net losses charged off as a percent of average loans and leases		0.51	%		0.63	%		0.88	%		(18	%)		(42	%)		0.57	%		0.98	%		(42	%)
Allowance for loan and lease losses as a percent of loans and leases		1.99	%		2.08	%		2.45	%		(4	%)		(19	%)		1.99	%		2.45	%		(19	%)
Allowance for credit losses as a percent of loans and leases		2.18	%		2.28	%		2.66	%		(4	%)		(18	%)		2.18	%		2.66	%		(18	%)
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		1.32	%		1.41	%		1.96	%		(6	%)		(33	%)		1.32	%		1.96	%		(33	%)
Average Balances
Loans and leases, including held for sale	$	89,473		$	88,880		$	84,508			1	%		6	%	$	89,179		$	84,132			6	%
Total securities and other short-term investments		16,962			16,846			17,168			1	%		(1	%)		16,904			16,952			—
Total assets		122,212			121,117			117,654			1	%		4	%		121,668			116,989			4	%
Transaction deposits (f)		81,678			80,938			77,621			1	%		5	%		81,311			77,378			5	%
Core deposits (g)		85,537			84,920			81,980			1	%		4	%		85,231			81,833			4	%
Wholesale funding (h)		17,508			17,683			17,533			(1	%)		—			17,595			17,065			3	%
Bancorp shareholders’ equity		14,221			13,779			13,628			3	%		4	%		14,001			13,497			4	%
Regulatory Capital Ratios(i)
Tier I capital		11.07	%		10.83	%		12.31	%		2	%		(10	%)		11.07	%		12.31	%		(10	%)
Total risk-based capital		14.35	%		14.35	%		16.24	%		—			(12	%)		14.35	%		16.24	%		(12	%)
Tier I leverage		10.41	%		10.03	%		11.39	%		4	%		(9	%)		10.41	%		11.39	%		(9	%)
Tier I common equity (d)		9.44	%		9.70	%		9.77	%		(3	%)		(3	%)		9.44	%		9.77	%		(3	%)
Operations
Banking centers		1,326			1,320			1,322			—			—			1,326			1,322			—
ATMs		2,433			2,426			2,409			—			1	%		2,433			2,409			1	%
Full-time equivalent employees		20,569			20,744			20,888			(1	%)		(2	%)		20,569			20,888			(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 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
	June 2013			March 2013			December 2012			September 2012			June 2012
Income Statement Data
Net interest income (a)	$	885		$	893		$	903		$	907		$	899
Noninterest income		1,060			743			880			671			678
Total revenue (a)		1,945			1,636			1,783			1,578			1,577
Provision for loan and lease losses		64			62			76			65			71
Noninterest expense		1,017			978			1,163			1,006			937
Net income attributable to Bancorp		603			422			399			363			385
Net income available to common shareholders		594			413			390			354			376
Common Share Data
Earnings per share, basic	$	0.69		$	0.47		$	0.44		$	0.39		$	0.41
Earnings per share, diluted		0.66			0.46			0.43			0.38			0.40
Cash dividends per common share		0.12			0.11			0.10			0.10			0.08
Book value per share		15.57			15.42			15.10			14.84			14.56
Market price per share		18.05			16.31			15.20			15.51			13.40
Common shares outstanding (in thousands)		851,474			874,645			882,152			897,467			918,913
Average common shares outstanding (in thousands):
Basic		858,583			870,923			884,676			904,475			913,541
Diluted		900,625			913,163			925,585			944,821			954,622
Market capitalization	$	15,369		$	14,265		$	13,409		$	13,920		$	12,313
Financial Ratios
Return on assets		1.98	%		1.41	%		1.33	%		1.23	%		1.32	%
Return on average common equity		17.6	%		12.5	%		11.5	%		10.4	%		11.4	%
Return on average tangible common equity (b)		21.6	%		15.4	%		14.1	%		12.8	%		14.1	%
Noninterest income as a percent of total revenue		55	%		45	%		49	%		43	%		43	%
Average equity as a percent of average assets		11.64	%		11.38	%		11.65	%		11.82	%		11.58	%
Tangible common equity (c) (d)		8.83	%		9.03	%		8.83	%		9.10	%		9.15	%
Net interest margin (a)		3.33	%		3.42	%		3.49	%		3.56	%		3.56	%
Efficiency (a)		52.3	%		59.8	%		65.2	%		63.7	%		59.4	%
Effective tax rate		29.8	%		30.4	%		26.8	%		27.7	%		31.8	%
Credit Quality
Net losses charged off	$	112		$	133		$	147		$	156		$	181
Net losses charged off as a percent of average loans and leases		0.51	%		0.63	%		0.70	%		0.75	%		0.88	%
Allowance for loan and lease losses as a percent of loans and leases		1.99	%		2.08	%		2.16	%		2.32	%		2.45	%
Allowance for credit losses as a percent of loans and leases		2.18	%		2.28	%		2.37	%		2.53	%		2.66	%
Nonperforming assets as a percent of loans, leases and other assets, including other real estate owned (e)		1.32	%		1.41	%		1.49	%		1.73	%		1.96	%
Average Balances
Loans and leases, including held for sale	$	89,473		$	88,880		$	86,180		$	84,829		$	84,508
Total securities and other short-term investments		16,962			16,846			16,765			16,588			17,168
Total assets		122,212			121,117			118,943			117,521			117,654
Transaction deposits (f)		81,678			80,938			80,195			77,498			77,621
Core deposits (g)		85,537			84,920			84,289			81,722			81,980
Wholesale funding (h)		17,508			17,683			16,354			17,431			17,533
Bancorp shareholders’ equity		14,221			13,779			13,855			13,887			13,628
Regulatory Capital Ratios(i)
Tier I capital		11.07	%		10.83	%		10.65	%		10.85	%		12.31	%
Total risk-based capital		14.35	%		14.35	%		14.42	%		14.76	%		16.24	%
Tier I leverage		10.41	%		10.03	%		10.05	%		10.09	%		11.39	%
Tier I common equity (d)		9.44	%		9.70	%		9.51	%		9.67	%		9.77	%
Operations
Banking centers		1,326			1,320			1,325			1,320			1,322
ATMs		2,433			2,426			2,415			2,404			2,409
Full-time equivalent employees		20,569			20,744			20,798			20,789			20,888

(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 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
	June 2013		March 2013			June 2012		Seq			Yr/Yr			June 2013			June 2012		Yr/Yr
Interest Income
Interest and fees on loans and leases	$	864	$	882		$	891		(2	%)		(3	%)		1,746			1,789		(2	%)
Interest on securities		119		112			135		6	%		(12	%)		231			276		(16	%)
Interest on other short-term investments		1		1			1		(5	%)		2	%		2			2		9	%
Total interest income		984		995			1,027		(1	%)		(4	%)		1,979			2,067		(4	%)
Interest Expense
Interest on deposits		53		50			55		5	%		(5	%)		103			114		(9	%)
Interest on short-term borrowings		1		3			2		(46	%)		(29	%)		4			3		31	%
Interest on long-term debt		50		54			75		(8	%)		(33	%)		104			157		(34	%)
Total interest expense		104		107			132		(3	%)		(21	%)		211			274		(23	%)
Net Interest Income		880		888			895		(1	%)		(2	%)		1,768			1,793		(1	%)
Provision for loan and lease losses		64		62			71		2	%		(11	%)		126			162		(22	%)
Net interest income after provision for loan and lease losses		816		826			824		(1	%)		(1	%)		1,642			1,631		1	%
Noninterest Income
Service charges on deposits		136		131			130		4	%		4	%		267			260		3	%
Corporate banking revenue		106		99			102		7	%		4	%		205			199		3	%
Mortgage banking net revenue		233		220			183		6	%		28	%		453			387		17	%
Investment advisory revenue		98		100			93		(2	%)		6	%		198			190		5	%
Card and processing revenue		67		65			64		4	%		6	%		132			122		8	%
Other noninterest income		414		109			103		NM			NM			523			279		88	%
Securities gains, net		—		17			3		(99	%)		(96	%)		17			11		48	%
Securities gains, net—non-qualifying hedges on mortgage servicing rights		6		2			—		NM			NM			8			—		NM
Total noninterest income		1,060		743			678		43	%		56	%		1,803			1,448		25	%
Noninterest Expense
Salaries, wages and incentives		404		399			393		1	%		3	%		803			792		1	%
Employee benefits		83		114			84		(27	%)		(1	%)		197			195		1	%
Net occupancy expense		76		79			74		(3	%)		4	%		155			151		3	%
Technology and communications		50		49			48		—			3	%		99			95		4	%
Equipment expense		28		28			27		(1	%)		1	%		56			55		2	%
Card and processing expense		33		31			30		6	%		10	%		65			60		8	%
Other noninterest expense		343		278			281		23	%		22	%		621			563		10	%
Total noninterest expense		1,017		978			937		4	%		9	%		1,996			1,911		4	%
Income before income taxes		859		591			565		45	%		52	%		1,449			1,168		24	%
Applicable income taxes		256		179			180		42	%		42	%		435			352		24	%
Net Income		603		412			385		46	%		56	%		1,014			816		24	%
Less: Net income attributable to noncontrolling interest		—		(10	)		—		NM			10	%		(10	)		1		NM
Net income attributable to Bancorp		603		422			385		43	%		57	%		1,024			815		26	%
Dividends on preferred stock		9		9			9		2	%		2	%		18			18		1	%
Net income available to common shareholders	$	594	$	413		$	376		44	%		58	%		1,006			797		26	%

22

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Income (Taxable Equivalent)

$ in millions

(unaudited)

	For the Three Months Ended
	June		March			December			September		June
	2013		2013			2012			2012		2012
Interest Income
Interest and fees on loans and leases	$	864	$	882		$	891		$	893	$	891
Interest on securities		119		112			124			129		135
Interest on other short-term investments		1		1			1			1		1
Total interest income		984		995			1,016			1,023		1,027
Taxable equivalent adjustment		5		5			4			4		4
Total interest income (taxable equivalent)		989		1,000			1,020			1,027		1,031
Interest Expense
Interest on deposits		53		50			51			52		55
Interest on short-term borrowings		1		3			3			3		2
Interest on long-term debt		50		54			63			65		75
Total interest expense		104		107			117			120		132
Net Interest Income (taxable equivalent)		885		893			903			907		899
Provision for loan and lease losses		64		62			76			65		71
Net interest income (taxable equivalent) after provision for loan and lease losses		821		831			827			842		828
Noninterest Income
Service charges on deposits		136		131			134			128		130
Corporate banking revenue		106		99			114			101		102
Mortgage banking net revenue		233		220			258			200		183
Investment advisory revenue		98		100			93			92		93
Card and processing revenue		67		65			66			65		64
Other noninterest income		414		109			215			78		103
Securities gains, net		—		17			2			2		3
Securities gains, net—non-qualifying hedges on mortgage servicing rights		6		2			(2	)		5		—
Total noninterest income		1,060		743			880			671		678
Noninterest Expense
Salaries, wages and incentives		404		399			416			399		393
Employee benefits		83		114			96			79		84
Net occupancy expense		76		79			76			76		74
Technology and communications		50		49			52			49		48
Equipment expense		28		28			27			28		27
Card and processing expense		33		31			31			30		30
Other noninterest expense		343		278			465			345		281
Total noninterest expense		1,017		978			1,163			1,006		937
Income before income taxes (taxable equivalent)		864		596			544			507		569
Taxable equivalent adjustment		5		5			4			4		4
Income before income taxes		859		591			540			503		565
Applicable income taxes		256		179			144			139		180
Net Income		603		412			396			364		385
Less: Net Income attributable to noncontrolling interests		—		(10	)		(3	)		1		—
Net income attributable to Bancorp		603		422			399			363		385
Dividends on preferred stock		9		9			9			9		9
Net income available to common shareholders	$	594	$	413		$	390		$	354	$	376

23

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of									% Change
	June 2013			March 2013			June 2012			Seq			Yr/Yr
Assets
Cash and due from banks	$	2,390		$	2,186		$	2,393			9	%		—
Available-for-sale and other securities (a)		16,187			15,263			15,552			6	%		4	%
Held-to-maturity securities (b)		274			283			305			(3	%)		(10	%)
Trading securities		219			218			200			1	%		10	%
Other short-term investments		1,109			2,286			1,964			(51	%)		(44	%)
Loans held for sale		2,148			2,691			1,863			(20	%)		15	%
Portfolio loans and leases:
Commercial and industrial loans		37,856			36,757			32,612			3	%		16	%
Commercial mortgage loans		8,443			8,766			9,662			(4	%)		(13	%)
Commercial construction loans		754			694			822			9	%		(8	%)
Commercial leases		3,567			3,568			3,467			—			3	%
Residential mortgage loans		12,400			12,091			11,429			3	%		8	%
Home equity		9,531			9,727			10,377			(2	%)		(8	%)
Automobile loans		12,015			11,741			11,739			2	%		2	%
Credit card		2,114			2,043			1,943			3	%		9	%
Other consumer loans and leases		352			289			308			22	%		15	%
Portfolio loans and leases		87,032			85,676			82,359			2	%		6	%
Allowance for loan and lease losses		(1,735	)		(1,783	)		(2,016	)		(3	%)		(14	%)
Portfolio loans and leases, net		85,297			83,893			80,343			2	%		6	%
Bank premises and equipment		2,540			2,540			2,506			—			1	%
Operating lease equipment		645			598			511			8	%		26	%
Goodwill		2,416			2,416			2,417			—			—
Intangible assets		23			25			33			(9	%)		(29	%)
Servicing rights		899			772			736			16	%		22	%
Other assets		9,213			8,211			8,720			12	%		6	%
Total assets	$	123,360		$	121,382		$	117,543			2	%		5	%
Liabilities
Deposits:
Demand	$	30,097		$	30,027		$	26,251			—			15	%
Interest checking		22,878			23,175			23,197			(1	%)		(1	%)
Savings		18,448			19,339			22,011			(5	%)		(16	%)
Money market		9,247			8,613			4,223			7	%		NM
Foreign office		1,570			1,089			1,265			44	%		24	%
Other time		3,793			3,909			4,261			(3	%)		(11	%)
Certificates—$100,000 and over		7,374			5,472			3,065			35	%		NM
Other		47			—			—			NM			NM
Total deposits		93,454			91,624			84,273			2	%		11	%
Federal funds purchased		636			386			641			65	%		(1	%)
Other short-term borrowings		2,112			2,439			4,613			(13	%)		(54	%)
Accrued taxes, interest and expenses		1,625			1,599			1,491			2	%		9	%
Other liabilities		4,304			3,094			3,016			39	%		43	%
Long-term debt		6,940			8,320			9,685			(17	%)		(28	%)
Total liabilities		109,071			107,462			103,719			1	%		5	%
Equity
Common stock (c)		2,051			2,051			2,051			—			—
Preferred stock		991			398			398			NM			NM
Capital surplus		2,689			2,782			2,752			(3	%)		(2	%)
Retained earnings		9,573			9,084			8,201			5	%		17	%
Accumulated other comprehensive income		149			333			454			(55	%)		(67	%)
Treasury stock		(1,202	)		(766	)		(83	)		57	%		NM
Total Bancorp shareholders’ equity		14,251			13,882			13,773			3	%		3	%
Noncontrolling interests		38			38			51			1	%		(24	%)
Total Equity		14,289			13,920			13,824			3	%		3	%
Total liabilities and equity	$	123,360		$	121,382		$	117,543			2	%		5	%
(a) Amortized cost	$	15,793		$	14,652		$	14,818			8	%		7	%
(b) Market values		274			283			305			(3	%)		(10	%)
(c) Common shares, stated value $2.22 per share (in thousands):
Authorized		2,000,000			2,000,000			2,000,000			—			—
Outstanding, excluding treasury		851,474			874,645			918,913			(3	%)		(7	%)
Treasury		72,419			49,248			4,979			47	%		NM

24

Fifth Third Bancorp and Subsidiaries

Consolidated Balance Sheets

$ in millions, except per share data

(unaudited)

	As of
	June 2013			March 2013			December 2012			September 2012			June 2012
Assets
Cash and due from banks	$	2,390		$	2,186		$	2,441		$	2,490		$	2,393
Available-for-sale and other securities (a)		16,187			15,263			15,207			15,402			15,552
Held-to-maturity securities (b)		274			283			284			287			305
Trading securities		219			218			207			205			200
Other short-term investments		1,109			2,286			2,421			1,286			1,964
Loans held for sale		2,148			2,691			2,939			1,802			1,863
Portfolio loans and leases:
Commercial and industrial loans		37,856			36,757			36,038			33,344			32,612
Commercial mortgage loans		8,443			8,766			9,103			9,348			9,662
Commercial construction loans		754			694			698			672			822
Commercial leases		3,567			3,568			3,549			3,549			3,467
Residential mortgage loans		12,400			12,091			12,017			11,708			11,429
Home equity		9,531			9,727			10,018			10,238			10,377
Automobile loans		12,015			11,741			11,972			11,912			11,739
Credit card		2,114			2,043			2,097			1,994			1,943
Other consumer loans and leases		352			289			290			294			308
Portfolio loans and leases		87,032			85,676			85,782			83,059			82,359
Allowance for loan and lease losses		(1,735	)		(1,783	)		(1,854	)		(1,925	)		(2,016	)
Portfolio loans and leases, net		85,297			83,893			83,928			81,134			80,343
Bank premises and equipment		2,540			2,540			2,542			2,520			2,506
Operating lease equipment		645			598			581			542			511
Goodwill		2,416			2,416			2,416			2,417			2,417
Intangible assets		23			25			27			30			33
Servicing rights		899			772			697			679			736
Other assets		9,213			8,211			8,204			8,689			8,720
Total assets	$	123,360		$	121,382		$	121,894		$	117,483		$	117,543
Liabilities
Deposits:
Demand	$	30,097		$	30,027		$	30,023		$	27,606		$	26,251
Interest checking		22,878			23,175			24,477			22,891			23,197
Savings		18,448			19,339			19,879			20,624			22,011
Money market		9,247			8,613			6,875			5,285			4,223
Foreign office		1,570			1,089			885			1,059			1,265
Other time		3,793			3,909			4,015			4,167			4,261
Certificates—$100,000 and over		7,374			5,472			3,284			2,978			3,065
Other		47			—			79			78			—
Total deposits		93,454			91,624			89,517			84,688			84,273
Federal funds purchased		636			386			901			686			641
Other short-term borrowings		2,112			2,439			6,280			5,503			4,613
Accrued taxes, interest and expenses		1,625			1,599			1,708			1,588			1,491
Other liabilities		4,304			3,094			2,639			3,122			3,016
Long-term debt		6,940			8,320			7,085			8,127			9,685
Total liabilities		109,071			107,462			108,130			103,714			103,719
Equity
Common stock (c)		2,051			2,051			2,051			2,051			2,051
Preferred stock		991			398			398			398			398
Capital surplus		2,689			2,782			2,758			2,733			2,752
Retained earnings		9,573			9,084			8,768			8,466			8,201
Accumulated other comprehensive income		149			333			375			468			454
Treasury stock		(1,202	)		(766	)		(634	)		(398	)		(83	)
Total Bancorp shareholders’ equity		14,251			13,882			13,716			13,718			13,773
Noncontrolling interests		38			38			48			51			51
Total Equity		14,289			13,920			13,764			13,769			13,824
Total liabilities and equity	$	123,360		$	121,382		$	121,894		$	117,483		$	117,543
(a) Amortized cost	$	15,793		$	14,652		$	14,571		$	14,641		$	14,818
(b) Market values		274			283			284			287			305
(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		851,474			874,645			882,152			897,467			918,913
Treasury		72,419			49,248			41,741			26,425			4,979

25

Fifth Third Bancorp and Subsidiaries

Consolidated Statements of Changes in Equity

$ in millions

(unaudited)

	For the Three Months Ended						For the Six Months Ended
	June 2013			June 2012			June 2013			June 2012
Total equity, beginning	$	13,920		$	13,610		$	13,764		$	13,251
Net income attributable to Bancorp		603			385			1,024			815
Other comprehensive income, net of tax:
Change in unrealized gains and (losses):
Available-for-sale securities		(178	)		(12	)		(209	)		(9	)
Qualifying cash flow hedges		(8	)		(4	)		(21	)		(11	)
Change in accumulated other comprehensive income related to employee benefit plans		2			2			4			4
Comprehensive income		419			371			798			799
Cash dividends declared:
Common stock		(102	)		(74	)		(198	)		(148	)
Preferred stock		(9	)		(9	)		(18	)		(18	)
Stock-based awards exercised, including treasury shares issued		(16	)		(18	)		(16	)		(15	)
Stock-based compensation expense		23			19			41			30
Shares acquired for treasury		(539	)		(75	)		(664	)		(75	)
Issuance of preferred stock		593			—			593			—
Noncontrolling interest		—			—			(10	)		—
Other		—			—			(1	)		—
Total equity, ending	$	14,289		$	13,824		$	14,289		$	13,824

26

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended									% Change
	June 2013			March 2013			June 2012			Seq			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans	$	37,636		$	36,423		$	32,770			3	%		15	%
Commercial mortgage loans		8,627			8,978			9,873			(4	%)		(12	%)
Commercial construction loans		717			700			886			3	%		(18	%)
Commercial leases		3,553			3,557			3,471			—			2	%
Residential mortgage loans		14,984			14,866			13,059			1	%		15	%
Home equity		9,625			9,872			10,430			(2	%)		(8	%)
Automobile loans		11,887			12,096			11,755			(1	%)		1	%
Credit card		2,071			2,069			1,915			—			8	%
Other consumer loans and leases		373			319			349			20	%		8	%
Taxable securities		15,346			15,224			15,548			1	%		(1	%)
Tax exempt securities		55			51			62			8	%		(12	%)
Other short-term investments		1,561			1,571			1,558			(1	%)		—
Total interest-earning assets		106,435			105,726			101,676			1	%		5	%
Cash and due from banks		2,359			2,225			2,264			6	%		4	%
Other assets		15,198			15,016			15,835			1	%		(4	%)
Allowance for loan and lease losses		(1,780	)		(1,850	)		(2,121	)		(4	%)		(16	%)
Total assets	$	122,212		$	121,117		$	117,654			1	%		4	%
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,796		$	23,763		$	23,548			(4	%)		(3	%)
Savings		18,864			19,576			22,143			(4	%)		(15	%)
Money market		8,918			7,932			4,258			12	%		NM
Foreign office		1,418			1,102			1,321			29	%		7	%
Other time		3,859			3,982			4,359			(3	%)		(11	%)
Certificates—$100,000 and over		6,519			4,017			3,130			62	%		NM
Other		10			40			23			(74	%)		(55	%)
Federal funds purchased		560			691			408			(19	%)		37	%
Other short-term borrowings		2,867			5,429			4,303			(47	%)		(33	%)
Long-term debt		7,552			7,506			9,669			1	%		(22	%)
Total interest-bearing liabilities		73,363			74,038			73,162			(1	%)		—
Demand deposits		29,682			28,565			26,351			4	%		13	%
Other liabilities		4,908			4,687			4,462			5	%		10	%
Total liabilities		107,953			107,290			103,975			1	%		4	%
Equity		14,259			13,827			13,679			3	%		4	%
Total liabilities and equity	$	122,212		$	121,117		$	117,654			1	%		4	%
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		3.58	%		3.90	%		4.13	%
Commercial mortgage loans		3.65	%		3.63	%		3.81	%
Commercial construction loans		3.41	%		3.21	%		3.05	%
Commercial leases		3.36	%		3.38	%		3.68	%
Residential mortgage loans		3.91	%		3.98	%		4.12	%
Home equity		3.76	%		3.74	%		3.80	%
Automobile loans		3.16	%		3.29	%		3.76	%
Credit card		9.97	%		9.67	%		9.92	%
Other consumer loans and leases		39.49	%		46.77	%		42.87	%
Total loans and leases		3.89	%		4.04	%		4.26	%
Taxable securities		3.09	%		2.98	%		3.48	%
Tax exempt securities		5.01	%		5.44	%		5.02	%
Other short-term investments		0.24	%		0.26	%		0.24	%
Total interest-earning assets		3.73	%		3.84	%		4.08	%
Interest-bearing liabilities:
Interest checking		0.23	%		0.23	%		0.22	%
Savings		0.12	%		0.13	%		0.19	%
Money market		0.24	%		0.24	%		0.22	%
Foreign office		0.29	%		0.26	%		0.27	%
Other time		1.48	%		1.50	%		1.60	%
Certificates—$100,000 and over		0.82	%		1.09	%		1.50	%
Other		0.08	%		0.13	%		0.13	%
Federal funds purchased		0.11	%		0.14	%		0.15	%
Other short-term borrowings		0.18	%		0.18	%		0.17	%
Long-term debt		2.65	%		2.94	%		3.11	%
Total interest-bearing liabilities		0.57	%		0.59	%		0.73	%
Ratios:
Net interest margin (taxable equivalent)		3.33	%		3.42	%		3.56	%
Net interest rate spread (taxable equivalent)		3.16	%		3.25	%		3.35	%
Interest-bearing liabilities to interest-earning assets		68.93	%		70.03	%		71.96	%

27

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	Year to Date						% Change
	June 2013			June 2012			Yr/Yr
Assets
Interest-earning assets:
Commercial and industrial loans		37,033			32,095			15	%
Commercial mortgage loans		8,801			9,975			(11	%)
Commercial construction loans		709			947			(25	%)
Commercial leases		3,555			3,507			1	%
Residential mortgage loans		14,925			12,994			15	%
Home equity		9,748			10,518			(7	%)
Automobile loans		11,991			11,819			1	%
Credit card		2,070			1,920			8	%
Other consumer loans and leases		347			357			(3	%)
Taxable securities		15,285			15,430			(1	%)
Tax exempt securities		53			61			(13	%)
Other short-term investments		1,566			1,461			7	%
Total interest-earning assets		106,083			101,084			5	%
Cash and due from banks		2,292			2,304			(1	%)
Other assets		15,108			15,785			(4	%)
Allowance for loan and lease losses		(1,815	)		(2,184	)		(17	%)
Total assets		121,668			116,989			4	%
Liabilities
Interest-bearing liabilities:
Interest checking		23,277			22,928			2	%
Savings		19,218			22,043			(13	%)
Money market		8,428			4,401			92	%
Foreign office		1,261			1,799			(30	%)
Other time		3,920			4,455			(12	%)
Certificates—$100,000 and over		5,275			3,154			67	%
Other		25			21			18	%
Federal funds purchased		625			389			61	%
Other short-term borrowings		4,141			3,782			9	%
Long-term debt		7,529			9,719			(23	%)
Total interest-bearing liabilities		73,699			72,691			—
Demand deposits		29,127			26,207			11	%
Other liabilities		4,798			4,544			6	%
Total liabilities		107,624			103,442			4	%
Equity		14,044			13,547			4	%
Total liabilities and equity		121,668			116,989			4	%
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		3.74	%		4.16	%		(10	%)
Commercial mortgage loans		3.64	%		3.88	%		(6	%)
Commercial construction loans		3.32	%		3.05	%		9	%
Commercial leases		3.37	%		3.73	%		(10	%)
Residential mortgage loans		3.94	%		4.15	%		(5	%)
Home equity		3.75	%		3.82	%		(2	%)
Automobile loans		3.22	%		3.87	%		(17	%)
Credit card		9.82	%		9.67	%		2	%
Other consumer loans and leases		42.84	%		41.46	%		3	%
Total loans and leases		3.97	%		4.30	%		(8	%)
Taxable securities		3.04	%		3.58	%		(15	%)
Tax exempt securities		5.21	%		5.31	%		(2	%)
Other short-term investments		0.25	%		0.25	%		2	%
Total interest-earning assets		3.78	%		4.13	%		(8	%)
Interest-bearing liabilities:
Interest checking		0.23	%		0.22	%
Savings		0.12	%		0.20	%
Money market		0.24	%		0.22	%
Foreign office		0.28	%		0.26	%
Other time		1.49	%		1.61	%
Certificates—$100,000 and over		0.92	%		1.52	%
Other		0.12	%		0.11	%
Federal funds purchased		0.13	%		0.13	%
Other short-term borrowings		0.18	%		0.15	%
Long-term debt		2.79	%		3.26	%
Total interest-bearing liabilities		0.58	%		0.76	%
Ratios:
Net interest margin (taxable equivalent)		3.38	%		3.59	%
Net interest rate spread (taxable equivalent)		3.20	%		3.37	%
Interest-bearing liabilities to interest-earning assets		69.47	%		71.91	%

28

Fifth Third Bancorp and Subsidiaries

Average Balance Sheet and Yield Analysis

$ in millions, except share data

(unaudited)

	For the Three Months Ended
	June 2013			March 2013			December 2012			September 2012			June 2012
Assets
Interest-earning assets:
Commercial and industrial loans	$	37,636		$	36,423		$	34,311		$	33,124		$	32,770
Commercial mortgage loans		8,627			8,978			9,209			9,592			9,873
Commercial construction loans		717			700			697			751			886
Commercial leases		3,553			3,557			3,509			3,483			3,471
Residential mortgage loans		14,984			14,866			14,028			13,458			13,059
Home equity		9,625			9,872			10,129			10,312			10,430
Automobile loans		11,887			12,096			11,944			11,812			11,755
Credit card		2,071			2,069			2,029			1,971			1,915
Other consumer loans and leases		373			319			324			326			349
Taxable securities		15,346			15,224			15,187			15,005			15,548
Tax exempt securities		55			51			57			48			62
Other short-term investments		1,561			1,571			1,521			1,535			1,558
Total interest-earning assets		106,435			105,726			102,945			101,417			101,676
Cash and due from banks		2,359			2,225			2,442			2,368			2,264
Other assets		15,198			15,016			15,468			15,749			15,835
Allowance for loan and lease losses		(1,780	)		(1,850	)		(1,912	)		(2,013	)		(2,121	)
Total assets	$	122,212		$	121,117		$	118,943		$	117,521		$	117,654
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,796		$	23,763		$	23,556		$	22,967		$	23,548
Savings		18,864			19,576			20,216			21,283			22,143
Money market		8,918			7,932			6,026			4,776			4,258
Foreign office		1,418			1,102			1,174			1,345			1,321
Other time		3,859			3,982			4,094			4,224			4,359
Certificates—$100,000 and over		6,519			4,017			3,084			3,016			3,130
Other		10			40			32			32			23
Federal funds purchased		560			691			794			664			408
Other short-term borrowings		2,867			5,429			4,553			4,856			4,303
Long-term debt		7,552			7,506			7,891			8,863			9,669
Total interest-bearing liabilities		73,363			74,038			71,420			72,026			73,162
Demand deposits		29,682			28,565			29,223			27,127			26,351
Other liabilities		4,908			4,687			4,394			4,430			4,462
Total liabilities		107,953			107,290			105,037			103,583			103,975
Equity		14,259			13,827			13,906			13,938			13,679
Total liabilities and equity	$	122,212		$	121,117		$	118,943		$	117,521		$	117,654
Yield Analysis
Interest-earning assets:
Commercial and industrial loans		3.58	%		3.90	%		4.01	%		4.08	%		4.13	%
Commercial mortgage loans		3.65	%		3.63	%		3.69	%		3.76	%		3.81	%
Commercial construction loans		3.41	%		3.21	%		3.01	%		2.83	%		3.05	%
Commercial leases		3.36	%		3.38	%		3.42	%		3.62	%		3.68	%
Residential mortgage loans		3.91	%		3.98	%		3.94	%		4.03	%		4.12	%
Home equity		3.76	%		3.74	%		3.72	%		3.78	%		3.80	%
Automobile loans		3.16	%		3.29	%		3.46	%		3.61	%		3.76	%
Credit card		9.97	%		9.67	%		9.96	%		9.82	%		9.92	%
Other consumer loans and leases		39.49	%		46.77	%		50.06	%		49.00	%		42.87	%
Total loans and leases		3.89	%		4.04	%		4.13	%		4.21	%		4.26	%
Taxable securities		3.09	%		2.98	%		3.23	%		3.41	%		3.48	%
Tax exempt securities		5.01	%		5.44	%		2.91	%		3.29	%		5.02	%
Other short-term investments		0.24	%		0.26	%		0.28	%		0.25	%		0.24	%
Total interest-earning assets		3.73	%		3.84	%		3.94	%		4.03	%		4.08	%
Interest-bearing liabilities:
Interest checking		0.23	%		0.23	%		0.22	%		0.21	%		0.22	%
Savings		0.12	%		0.13	%		0.14	%		0.15	%		0.19	%
Money market		0.24	%		0.24	%		0.23	%		0.22	%		0.22	%
Foreign office		0.29	%		0.26	%		0.27	%		0.29	%		0.27	%
Other time		1.48	%		1.50	%		1.54	%		1.59	%		1.60	%
Certificates—$100,000 and over		0.82	%		1.09	%		1.39	%		1.49	%		1.50	%
Other		0.08	%		0.13	%		0.14	%		0.13	%		0.13	%
Federal funds purchased		0.11	%		0.14	%		0.16	%		0.13	%		0.15	%
Other short-term borrowings		0.18	%		0.18	%		0.21	%		0.19	%		0.17	%
Long-term debt		2.65	%		2.94	%		3.19	%		2.97	%		3.11	%
Total interest-bearing liabilities		0.57	%		0.59	%		0.65	%		0.67	%		0.73	%
Ratios:
Net interest margin (taxable equivalent)		3.33	%		3.42	%		3.49	%		3.56	%		3.56	%
Net interest rate spread (taxable equivalent)		3.16	%		3.25	%		3.29	%		3.36	%		3.35	%
Interest-bearing liabilities to interest-earning assets		68.93	%		70.03	%		69.38	%		71.02	%		71.96	%

29

Fifth Third Bancorp and Subsidiaries

Summary of Loans and Leases

$ in millions

(unaudited)

	For the Three Months Ended
	June 2013		March 2013		December 2012		September 2012		June 2012
Average Loans and Leases
Commercial:
Commercial and industrial loans	$	37,630	$	36,395	$	34,301	$	33,111	$	32,734
Commercial mortgage loans		8,618		8,965		9,193		9,567		9,810
Commercial construction loans		713		695		686		742		873
Commercial leases		3,552		3,556		3,509		3,481		3,469
Subtotal—commercial		50,513		49,611		47,689		46,901		46,886
Consumer:
Residential mortgage loans		12,260		12,096		11,846		11,578		11,274
Home equity		9,625		9,872		10,129		10,312		10,430
Automobile loans		11,887		11,961		11,944		11,812		11,755
Credit card		2,071		2,069		2,029		1,971		1,915
Other consumer loans and leases		351		294		306		314		326
Subtotal—consumer		36,194		36,292		36,254		35,987		35,700
Total average loans and leases (excluding held for sale)	$	86,707	$	85,903	$	83,943	$	82,888	$	82,586
Average loans held for sale		2,766		2,977		2,237		1,941		1,922
End of Period Loans and Leases
Commercial:
Commercial and industrial loans	$	37,856	$	36,757	$	36,038	$	33,344	$	32,612
Commercial mortgage loans		8,443		8,766		9,103		9,348		9,662
Commercial construction loans		754		694		698		672		822
Commercial leases		3,567		3,568		3,549		3,549		3,467
Subtotal—commercial		50,620		49,785		49,388		46,913		46,563
Consumer:
Residential mortgage loans		12,400		12,091		12,017		11,708		11,429
Home equity		9,531		9,727		10,018		10,238		10,377
Automobile loans		12,015		11,741		11,972		11,912		11,739
Credit card		2,114		2,043		2,097		1,994		1,943
Other consumer loans and leases		352		289		290		294		308
Subtotal—consumer		36,412		35,891		36,394		36,146		35,796
Total portfolio loans and leases	$	87,032	$	85,676	$	85,782	$	83,059	$	82,359
Core business activity		2,134		2,672		2,910		1,758		1,803
Portfolio management activity		14		19		29		44		60
Total loans held for sale		2,148		2,691		2,939		1,802		1,863
Operating lease equipment		645		598		581		542		511
Loans and Leases Serviced for Others: (a)
Commercial and industrial loans		748		757		721		783		682
Commercial mortgage loans		293		334		325		324		319
Commercial construction loans		39		28		29		39		41
Commercial leases		179		184		179		180		184
Residential mortgage loans		67,160		64,768		62,465		62,428		61,631
Automobile loans		448		489		—		—		—
Total loans and leases serviced for others		68,867		66,560		63,719		63,754		62,857
Total loans and leases serviced	$	158,692	$	155,525	$	153,021	$	149,157	$	147,590

(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
	June 2013			March 2013			December 2012			September 2012			June 2012
Tier I capital:
Bancorp shareholders’ equity		14,251			13,882			13,716			13,718			13,773
Goodwill and certain other intangibles		(2,496	)		(2,504	)		(2,499	)		(2,504	)		(2,512	)
Unrealized (gains) losses		(149	)		(333	)		(375	)		(468	)		(454	)
Qualifying trust preferred securities		810			810			810			810			2,248
Other		22			23			33			38			38
Total tier I capital		12,438			11,878			11,685			11,594			13,093
Total risk-based capital:
Tier I capital		12,438			11,878			11,685			11,594			13,093
Qualifying allowance for credit losses		1,412			1,379			1,381			1,347			1,342
Qualifying subordinated notes		2,264			2,474			2,750			2,836			2,846
Total risk-based capital		16,114			15,731			15,816			15,777			17,281
Risk-weighted assets(b)		112,330			109,626			109,699			106,858			106,398
Ratios:
Average shareholders’ equity to average assets		11.64	%		11.38	%		11.65	%		11.82	%		11.58	%
Regulatory capital:
Fifth Third Bancorp
Tier I risk-based capital		11.07	%		10.83	%		10.65	%		10.85	%		12.31	%
Total risk-based capital		14.35	%		14.35	%		14.42	%		14.76	%		16.24	%
Tier I leverage		10.41	%		10.03	%		10.05	%		10.09	%		11.39	%
Tier I common equity		9.44	%		9.70	%		9.51	%		9.67	%		9.77	%
Fifth Third Bank
Tier I risk-based capital		11.77	%		11.47	%		11.27	%		12.29	%		12.72	%
Total risk-based capital		13.12	%		12.84	%		12.74	%		13.76	%		14.19	%
Tier I leverage		11.06	%		10.63	%		10.65	%		11.44	%		11.75	%
Tier I common equity		11.77	%		11.47	%		11.28	%		12.29	%		12.72	%

(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
	June			March			December			September			June
	2013			2013			2012			2012			2012
Average loans and leases (excluding held for sale):
Commercial and industrial loans		$37,630			$36,395			$34,301			$33,111			$32,734
Commercial mortgage loans		8,618			8,965			9,193			9,567			9,810
Commercial construction loans		713			695			686			742			873
Commercial leases		3,552			3,556			3,509			3,481			3,469
Residential mortgage loans		12,260			12,096			11,846			11,578			11,274
Home equity		9,625			9,872			10,129			10,312			10,430
Automobile loans		11,887			11,961			11,944			11,812			11,755
Credit card		2,071			2,069			2,029			1,971			1,915
Other consumer loans and leases		351			294			306			314			326
Total average loans and leases (excluding held for sale)		$86,707			$85,903			$83,943			$82,888			$82,586
Losses charged off:
Commercial and industrial loans		($42	)		($35	)		($43	)		($39	)		($53	)
Commercial mortgage loans		(15	)		(29	)		(23	)		(32	)		(28	)
Commercial construction loans		—			(4	)		(4	)		(4	)		(6	)
Commercial leases		(2	)		—			—			(1	)		(8	)
Residential mortgage loans		(18	)		(22	)		(25	)		(28	)		(38	)
Home equity		(27	)		(34	)		(38	)		(41	)		(43	)
Automobile loans		(11	)		(12	)		(14	)		(13	)		(13	)
Credit card		(23	)		(23	)		(22	)		(21	)		(24	)
Other consumer loans and leases		(7	)		(9	)		(8	)		(9	)		(6	)
Total losses		(145	)		(168	)		(177	)		(188	)		(219	)
Recoveries of losses previously charged off:
Commercial and industrial loans		9			10			7			10			7
Commercial mortgage loans		5			3			6			4			3
Commercial construction loans		—			1			—			—			6
Commercial leases		—			—			1			—			1
Residential mortgage loans		3			2			2			2			2
Home equity		4			4			4			4			4
Automobile loans		6			8			5			6			6
Credit card		4			3			3			3			6
Other consumer loans and leases		2			4			2			3			3
Total recoveries		33			35			30			32			38
Net losses charged off:
Commercial and industrial loans		(33	)		(25	)		(36	)		(29	)		(46	)
Commercial mortgage loans		(10	)		(26	)		(17	)		(28	)		(25	)
Commercial construction loans		—			(3	)		(4	)		(4	)		—
Commercial leases		(2	)		—			1			(1	)		(7	)
Residential mortgage loans		(15	)		(20	)		(23	)		(26	)		(36	)
Home equity		(23	)		(30	)		(34	)		(37	)		(39	)
Automobile loans		(5	)		(4	)		(9	)		(7	)		(7	)
Credit card		(19	)		(20	)		(19	)		(18	)		(18	)
Other consumer loans and leases		(5	)		(5	)		(6	)		(6	)		(3	)
Total net losses charged off		($112	)		($133	)		($147	)		($156	)		($181	)
Net charge-off ratios:
Commercial and industrial loans		0.35	%		0.28	%		0.42	%		0.36	%		0.57	%
Commercial mortgage loans		0.50	%		1.18	%		0.70	%		1.15	%		1.04	%
Commercial construction loans		(0.04	%)		1.44	%		1.91	%		2.29	%		(0.12	%)
Commercial leases		0.18	%		0.03	%		(0.08	%)		0.11	%		0.87	%
Residential mortgage loans		0.48	%		0.69	%		0.77	%		0.90	%		1.28	%
Home equity		0.96	%		1.23	%		1.36	%		1.43	%		1.50	%
Automobile loans		0.16	%		0.16	%		0.27	%		0.22	%		0.21	%
Credit card		3.68	%		3.82	%		3.71	%		3.49	%		3.78	%
Other consumer loans and leases		5.02	%		6.61	%		9.83	%		9.11	%		3.95	%
Total net charge-off ratio		0.51	%		0.63	%		0.70	%		0.75	%		0.88	%

32

Fifth Third Bancorp and Subsidiaries

Asset Quality

$ in millions

(unaudited)

				For the Three Months Ended
	June			March			December			September			June
	2013			2013			2012			2012			2012
Allowance for Credit Losses
Allowance for loan and lease losses, beginning	$	1,783		$	1,854		$	1,925		$	2,016		$	2,126
Total net losses charged off		(112	)		(133	)		(147	)		(156	)		(181	)
Provision for loan and lease losses		64			62			76			65			71
Allowance for loan and lease losses, ending	$	1,735		$	1,783		$	1,854		$	1,925		$	2,016
Reserve for unfunded commitments, beginning	$	168		$	179		$	176		$	178		$	179
Provision for unfunded commitments		(2	)		(11	)		3			(2	)		(1	)
Reserve for unfunded commitments, ending	$	166		$	168		$	179		$	176		$	178
Components of allowance for credit losses:
Allowance for loan and lease losses	$	1,735		$	1,783		$	1,854		$	1,925		$	2,016
Reserve for unfunded commitments		166			168			179			176			178
Total allowance for credit losses	$	1,901		$	1,951		$	2,033		$	2,101		$	2,194
Nonperforming Assets and Delinquent Loans
Nonaccrual portfolio loans and leases:
Commercial and industrial loans	$	274		$	229		$	234		$	309		$	377
Commercial mortgage loans		169			184			215			263			357
Commercial construction loans		39			66			70			76			99
Commercial leases		1			1			1			5			3
Residential mortgage loans		96			110			114			126			135
Home equity		28			28			30			29			30
Automobile loans		—			—			—			—			1
Other consumer loans and leases		—			—			1			—			—
Total nonaccrual portfolio loans and leases		607			618			665			808			1,002
Restructured loans and leases—commercial (nonaccrual)		140			159			177			153			147
Restructured loans and leases—consumer (nonaccrual)		162			174			187			192			193
Total nonperforming portfolio loans and leases		909			951			1,029			1,153			1,342
Repossessed property		6			7			8			10			9
Other real estate owned (b)		235			252			249			283			268
Total nonperforming assets (a)		1,150			1,210			1,286			1,446			1,619
Nonaccrual loans held for sale		15			16			25			38			55
Restructured loans—commercial (nonaccrual) held for sale		—			3			4			5			5
Total nonperforming assets including loans held for sale	$	1,165		$	1,229		$	1,315		$	1,489		$	1,679
Restructured portfolio consumer loans and leases (accrual)	$	1,671		$	1,683		$	1,655		$	1,641		$	1,634
Restructured portfolio commercial loans and leases (accrual)	$	475		$	441		$	431		$	442		$	455
Ninety days past due loans and leases:
Commercial and industrial loans	$	—		$	1		$	1		$	1		$	2
Commercial mortgage loans		—			—			22			22			22
Commercial construction loans		—			—			1			—			—
Commercial leases		—			—			—			—			—
Total commercial loans and leases		—			1			24			23			24
Residential mortgage loans		71			74			75			76			80
Home equity		48			53			58			65			67
Automobile loans		6			7			8			9			8
Credit card		27			29			30			28			24
Other consumer loans and leases		—			—			—			—			—
Total consumer loans and leases		152			163			171			178			179
Total ninety days past due loans and leases	$	152		$	164		$	195		$	201		$	203
Ratios
Net losses charged off as a percent of average loans and leases		0.51	%		0.63	%		0.70	%		0.75	%		0.88	%
Allowance for loan and lease losses:
As a percent of loans and leases		1.99	%		2.08	%		2.16	%		2.32	%		2.45	%
As a percent of nonperforming loans and leases (a)		191	%		187	%		180	%		167	%		150	%
As a percent of nonperforming assets (a)		151	%		147	%		144	%		133	%		125	%
Nonperforming loans and leases as a percent of portfolio loans, leases and other assets , including other real estate owned (a)		1.04	%		1.11	%		1.19	%		1.38	%		1.62	%
Nonperforming assets as a percent of portfolio loans, leases and other assets, including other real estate owned (a)		1.32	%		1.41	%		1.49	%		1.73	%		1.96	%
Nonperforming assets as a percent of total loans, leases and other assets, including other real estate owned		1.30	%		1.39	%		1.48	%		1.75	%		1.99	%

(a) Does not include nonaccrual loans held for sale

(b) Excludes OREO related to government insured loans

33

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconciliation

$ and shares in millions

(unaudited)

	For the Three Months Ended
	June			March			December			September			June
	2013			2013			2012			2012			2012
Income before income taxes (U.S. GAAP)	$	859		$	591		$	540		$	503		$	565
Add: Provision expense (U.S. GAAP)		64			62			76			65			71
Pre-provision net revenue		923			653			616			568			636
Net income available to common shareholders (U.S. GAAP)		594			413			390			354			376
Add: Intangible amortization, net of tax		1			1			2			2			2
Tangible net income available to common shareholders		595			414			392			356			378
Tangible net income available to common shareholders (annualized) (a)		2,387			1,679			1,559			1,416			1,520
Average Bancorp shareholders’ equity (U.S. GAAP)		14,221			13,779			13,855			13,887			13,628
Less: Average preferred stock		(717	)		(398	)		(398	)		(398	)		(398	)
Average goodwill		(2,416	)		(2,416	)		(2,417	)		(2,417	)		(2,417	)
Average intangible assets		(24	)		(26	)		(28	)		(31	)		(34	)
Average tangible common equity (b)		11,064			10,939			11,012			11,041			10,779
Total Bancorp shareholders’ equity (U.S. GAAP)		14,251			13,882			13,716			13,718			13,773
Less: Preferred stock		(991	)		(398	)		(398	)		(398	)		(398	)
Goodwill		(2,416	)		(2,416	)		(2,416	)		(2,417	)		(2,417	)
Intangible assets		(23	)		(25	)		(27	)		(30	)		(33	)
Tangible common equity, including unrealized gains / losses (c)		10,821			11,043			10,875			10,873			10,925
Less: Accumulated other comprehensive income		(149	)		(333	)		(375	)		(468	)		(454	)
Tangible common equity, excluding unrealized gains / losses (d)		10,672			10,710			10,500			10,405			10,471
Add: Preferred stock		991			398			398			398			398
Tangible equity (e)		11,663			11,108			10,898			10,803			10,869
Total assets (U.S. GAAP)		123,360			121,382			121,894			117,483			117,543
Less: Goodwill		(2,416	)		(2,416	)		(2,416	)		(2,417	)		(2,417	)
Intangible assets		(23	)		(25	)		(27	)		(30	)		(33	)
Tangible assets, including unrealized gains / losses (f)		120,921			118,941			119,451			115,036			115,093
Less: Accumulated other comprehensive income / loss, before tax		(229	)		(512	)		(577	)		(720	)		(698	)
Tangible assets, excluding unrealized gains / losses (g)		120,692			118,429			118,874			114,316			114,395
Total Bancorp shareholders’ equity (U.S. GAAP)		14,251			13,882			13,716			13,718			13,773
Goodwill and certain other intangibles		(2,496	)		(2,504	)		(2,499	)		(2,504	)		(2,512	)
Unrealized gains		(149	)		(333	)		(375	)		(468	)		(454	)
Qualifying trust preferred securities		810			810			810			810			2,248
Other		22			23			33			38			38
Tier I capital		12,438			11,878			11,685			11,594			13,093
Less: Preferred stock		(991	)		(398	)		(398	)		(398	)		(398	)
Qualifying trust preferred securities		(810	)		(810	)		(810	)		(810	)		(2,248	)
Qualifying noncontrolling interests in consolidated subsidiaries		(38	)		(38	)		(48	)		(51	)		(51	)
Tier I common equity (h)		10,599			10,632			10,429			10,335			10,396
Common shares outstanding (i)		851			875			882			897			919
Risk-weighted assets, determined in accordance with prescribed regulatory requirements (j)		112,330			109,626			109,699			106,858			106,398
Ratios:
Return on average tangible common equity (a) / (b)		21.6	%		15.4	%		14.1	%		12.8	%		14.1	%
Tangible equity (e) / (g)		9.65	%		9.36	%		9.17	%		9.45	%		9.50	%
Tangible common equity (excluding unrealized gains/losses) (d) / (g)		8.83	%		9.03	%		8.83	%		9.10	%		9.15	%
Tangible common equity (including unrealized gains/losses) (c) / (f)		8.95	%		9.28	%		9.10	%		9.45	%		9.49	%
Tangible common equity as a percent of risk-weighted assets
(excluding unrealized gains/losses) (d) / (j)		9.50	%		9.77	%		9.57	%		9.74	%		9.84	%
Tangible book value per share (c) / (i)	$	12.71		$	12.62		$	12.33		$	12.12		$	11.89
Tier I common equity (h) / (j)		9.44	%		9.70	%		9.51	%		9.67	%		9.77	%
Basel III-Estimated Tier I common equity ratio
	June 2013
Tier I common equity (Basel I)		10,599
Add: Adjustment related to capital components		86
Estimated Tier I common equity under final Basel III rules without AOCI (opt out) (k)		10,685
Add: Adjustment related to AOCI		149
Estimated Tier I common equity under final Basel III rules with AOCI (non opt out) (l)		10,834
Estimated risk-weighted assets under final Basel III rules (m)		117,383
Estimated Tier I common equity ratio under final Basel III rules (opt out) (k) / (m)		9.10	%
Estimated Tier I common equity ratio under final Basel III rules (non opt out) (l) / (m)		9.23	%

(k)(l) Under the final Basel III rules, non-advanced approach banks are permitted to make a one-time election to opt out of the requirement to include AOCI in Tier I common equity. Other adjustments include mortgage servicing rights and deferred tax assets subject to threshold limitations and deferred tax liabilities related to intangible assets.

(m) 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 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; and (4) 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 June 30, 2013	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)	$	366		$	358		$	85		$	35		$	41		$	885
Provision for loan and lease losses		(37	)		(51	)		(22	)		(1	)		47			(64	)
Net interest income after provision for loan and lease losses		329			307			63			34			88			821
Total noninterest income		198			216			250			99			297			1,060
Total noninterest expense		(279	)		(426	)		(190	)		(123	)		1			(1,017	)
Net income before taxes		248			97			123			10			386			864
Applicable income taxes (a)		(50	)		(35	)		(44	)		(3	)		(129	)		(261	)
Net income		198			62			79			7			257			603
Net income attributable to noncontrolling interest		—			—			—			—			—			—
Net income attributable to Bancorp		198			62			79			7			257			603
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders	$	198		$	62		$	79		$	7		$	248		$	594
For the three months ended March 31, 2013	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)	$	365		$	347		$	85		$	36		$	60		$	893
Provision for loan and lease losses		(43	)		(58	)		(29	)		(1	)		69			(62	)
Net interest income after provision for loan and lease losses		322			289			56			35			129			831
Total noninterest income		184			205			229			108			17			743
Total noninterest expense		(277	)		(423	)		(177	)		(115	)		14			(978	)
Net income before taxes		229			71			108			28			160			596
Applicable income taxes (a)		(44	)		(26	)		(38	)		(10	)		(66	)		(184	)
Net income		185			45			70			18			94			412
Net income attributable to noncontrolling interest		—			—			—			—			(10	)		(10	)
Net income attributable to Bancorp		185			45			70			18			104			422
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders	$	185		$	45		$	70		$	18		$	95		$	413
For the three months ended December 31, 2012	Commercial Banking			Branch Banking			Consumer Lending			Investment Advisors			Other/ Eliminations			Total
Net interest income (a)	$	386		$	341		$	80		$	31		$	65		$	903
Provision for loan and lease losses		(42	)		(68	)		(36	)		(1	)		71			(76	)
Net interest income after provision for loan and lease losses		344			273			44			30			136			827
Total noninterest income		201			214			263			94			108			880
Total noninterest expense		(277	)		(393	)		(174	)		(105	)		(214	)		(1,163	)
Net income before taxes		268			94			133			19			30			544
Applicable income taxes (a)		(59	)		(33	)		(47	)		(6	)		(3	)		(148	)
Net income		209			61			86			13			27			396
Net income attributable to noncontrolling interest		—			—			—			—			(3	)		(3	)
Net income attributable to Bancorp		209			61			86			13			30			399
Dividends on preferred stock		—			—			—			—			9			9
Net income available to common shareholders	$	209		$	61		$	86		$	13		$	21		$	390
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

(a) Includes taxable equivalent adjustments of $5 million for the three months ended June 30, 2013, $5 million for the three months ended March 31, 2013, $4 million for the three months ended December 31, 2012, $4 million for the three months ended September 30, 2012 and $4 million for the three months ended June 30, 2012.

35

EX-99.2

©

Fifth Third Bank | All Rights Reserved

2Q13 Earnings Conference Call

July 18, 2013

Please

refer

to

earnings

release

dated

July

18,

2013

for

further

information.

Exhibit 99.2

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; (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

and

deliver

products

and

services

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.

2

©

Fifth Third Bank | All Rights Reserved

Cautionary statement

3

©

Fifth Third Bank | All Rights Reserved

2Q13 in review

* Capital ratios estimated; presented under current U.S. capital regulations. The pro forma Basel III Tier I common equity  ratio is management’s estimate based upon its current interpretation

of recent prospective regulatory capital requirements approved in July 2013.

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

Significant items in 2Q13 results

$ in MM, except per share data

Net income impact

After tax EPS

impact

Pre-tax

After tax

Gain on sale of Vantiv shares

$242

$157

Valuation adjustment on Vantiv warrant

$76

$49

Bank-Owned Life Insurance (BOLI) settlement

$10

$7

Valuation adjustment on Visa total return swap

($5)

($3)

Increase to litigation reserves

($33)

($27)

Total

$183

$0.20

Net income available to common shareholders of $594MM ($0.66 per

diluted share), vs. $413MM ($0.46 per share) in

1Q13 and $376MM ($0.40 per share) in 2Q12

—

Return on assets of 1.98%; return on average common equity of 17.6%; return on average tangible common equity** of 21.6%

Credit trends remain favorable

—

Net

charge-offs

(NCOs)

of

$112MM

(0.51%

of

loans

and

leases)

down

$21MM

(12

bps)

vs.

1Q13

—

Provision expense of $64MM, up $2MM vs. 1Q13

—

Loan loss allowance down $48MM sequentially; allowance to loan ratio of 1.99%, 151% of nonperforming assets (NPAs),

191% of nonperforming loans and leases (NPLs)

—

Total

NPAs

of

$1.2B

including

loans

held-for-sale

(HFS)

down

$64MM,

or

5%,

from

1Q13;

NPA

ratio

of

1.32%

down

9

bps from

1Q13, NPL ratio of 1.04% down 7 bps from 1Q13

Strong capital ratios*

—

Tier

1

common

ratio

9.44%**,

down

26

bps

sequentially

(Basel

III

pro

forma

estimate

of

~9.10%)

—

Tier 1 capital ratio 11.07%, Total capital ratio 14.35%, Leverage ratio 10.41%

—

Tangible common equity ratio** of 8.83% excluding unrealized gains/losses; 8.95% including them

—

Book value per share of $15.57; tangible book value per share** of $12.71 up 1% from 1Q13 and 7% from 2Q12

—

Repurchased ~26MM common shares in 2Q13; avg. diluted share count reduced by 13MM shares including impact from 1Q13

and 2Q13 share repurchases

4

©

Fifth Third Bank | All Rights Reserved

Financial summary

•

2Q13

earnings

of

$0.66

per

share

included

net

$0.22

benefit

from

sale

of

Vantiv

shares

and

warrant

valuation.

•

ROAA of 1.98% including Vantiv-related gains, 1.30% excluding them; ROATCE^ of 21.6% including Vantiv-related gains, 14.1%

excluding them.

•

10th

consecutive quarter of sequential average portfolio loan growth.

Actual

Seq.

YOY

($ in millions)

2Q12

1Q13

2Q13

$

%

$

%

Average Balances

Commercial loans*

$46,886

$49,611

$50,513

$902

2%

$3,627

8%

Consumer loans*

35,700

36,292

36,194

(98)

-

494

1%

Total loans & leases*

$82,586

$85,903

$86,707

$804

1%

$4,121

5%

Core deposits

$81,980

$84,920

$85,537

$617

1%

$3,557

4%

Income Statement Data

Net interest income (taxable equivalent)

$899

$893

$885

($8)

(1%)

($14)

(2%)

Provision for loan and lease losses

71

62

64

2

2%

(7)

(11%)

Noninterest income

678

743

1,060

317

43%

382

56%

Noninterest expense

937

978

1,017

39

4%

80

9%

Net income attributable to Bancorp

$385

$422

$603

$181

43%

$218

57%

Net income available to common shareholders

$376

$413

$594

$181

44%

$218

58%

Pre-provision net revenue^

$636

$653

$923

$270

41%

$287

45%

Earnings per share, diluted

0.40

0.46

0.66

$0.20

43%

$0.26

65%

Net interest margin

3.56%

3.42%

3.33%

(9bps)

(3%)

(23bps)

(6%)

Return on average assets

1.32%

1.41%

1.98%

57bps

40%

66bps

50%

Return on average common equity

11.4%

12.5%

17.6%

510bps

41%

620bps

54%

Return on average tangible common equity^

14.1%

15.4%

21.6%

620bps

40%

750bps

53%

* Excluding loans held-for-sale

^

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

Note: Numbers may not sum due to rounding and percentages in all of the tables in this presentation are calculated on actual dollar amounts not the rounded dollar amounts.

th

5

©

Fifth Third Bank | All Rights Reserved

Net interest income

NII and NIM (FTE)

•

Net interest income down $8MM from 1Q13 and $14MM from 2Q12

–

Sequential decline reflected loan repricing and maturities of interest rate floors, partially offset by the benefit

of higher day count, net loan growth and lower interest expense.

–

Year-over-year decline reflected lower asset yields partially offset by higher average loan balances, lower long-

term debt expense and run-off in higher-priced CDs.

•

NIM declined 9 bps sequentially primarily due to lower loan yields and the maturity of interest rate floors, partially

offset by higher securities yields and debt maturity in 2Q13.

* Represents purchase accounting adjustments included in net interest income.

($MM)

Yield Analysis

2Q12

1Q13

2Q13

Seq.

(bps)

YoY

(bps)

Commercial and industrial loans

4.13%

3.90%

3.58%

(32)

(55)

Commercial mortgage loans

3.81%

3.63%

3.65%

2

(16)

Commercial construction loans

3.05%

3.21%

3.41%

20

36

Commercial leases

3.68%

3.38%

3.36%

(2)

(32)

Residential mortgage loans

4.12%

3.98%

3.91%

(7)

(21)

Home equity

3.80%

3.74%

3.76%

2

(4)

Automobile loans

3.76%

3.29%

3.16%

(13)

(60)

Credit card

9.92%

9.67%

9.97%

30

5

Other consumer loans and leases

42.87%

46.77%

39.49%

(728)

(338)

Total loans and leases

4.26%

4.04%

3.89%

(15)

(37)

Taxable securities

3.48%

2.98%

3.09%

11

(39)

Tax exempt securities

5.02%

5.44%

5.01%

(43)

(1)

Other short-term investments

0.24%

0.26%

0.24%

(2)

-

Total interest-earning assets

4.08%

3.84%

3.73%

(11)

(35)

Total interest-bearing liabilities

0.73%

0.59%

0.57%

(2)

(16)

Net interest spread

3.35%

3.25%

3.16%

(9)

(19)

3.56%

3.56%

3.49%

3.42%

3.33%

$450

$550

$650

$750

$850

$950

2.0%

2.5%

3.0%

3.5%

4.0%

2Q12

3Q12

4Q12

1Q13

2Q13

Net Interest Income (right axis)

PAA*

NIM

$899

$907

$903

$893

$885

6

©

Fifth Third Bank | All Rights Reserved

Balance sheet

•

C&I loans up 3% sequentially and 15% from 2Q12

–

Commercial line utilization of 31%; potential

source of future growth

•

CRE loans down 3% sequentially and 13% from 2Q12

•

Consumer loans were flat sequentially and up 1%

year-over-year; reflect securitization of ~$500MM of

auto loans in 1Q13

•

Average warehoused residential mortgage loans

held-for-sale were $2.7B in 2Q13 versus $2.8B in

1Q13

•

Core deposit to loan ratio of 99%

–

DDAs up 4% sequentially and up 13% from 2Q12

–

Consumer average transaction deposits up 1%

sequentially and 6% year-over-year

–

Commercial average transaction deposits up 1%

sequentially and up 4% year-over-year

Average loan growth ($B)^

Average core deposit growth ($B)

86

85

^ Excludes loans held-for-sale 

Note: Numbers may not sum due to rounding 

83

82

82

84

84

87

86

83

Commercial Loans

Consumer Loans

2Q12

3Q12

4Q12

1Q13

2Q13

2Q12

3Q12

4Q12

1Q13

2Q13

Demand

IBT/Savings/MMDA

Consumer CD/Core foreign

•

Short-term wholesale borrowings represent only 4%

of total funding

Actual

Seq.

YOY

2Q12

1Q13

2Q13

$

%

$

%

($ in millions)

Service charges on deposits

$130

$131

$136

$5

4%

$6

4%

Corporate banking revenue

102

99

106

7

7%

4

4%

Mortgage banking net revenue

183

220

233

13

6%

50

28%

Investment advisory revenue

93

100

98

(2)

(2%)

5

6%

Card and processing revenue

64

65

67

2

4%

3

6%

Other noninterest income

103

109

414

305

NM

311

NM

Securities gains, net

3

17

-

(17)

(99%)

(3)

(96%)

Securities gains, net -

-

2

6

4

NM

6

NM

non-qualifying hedges on MSRs

Total noninterest income

$678

$743

$1,060

$317

43%

$382

56%

Noninterest income

Noninterest income

Actual

($ in millions)

2Q12

1Q13

2Q13

Gain / (loss) on sale of loans

$8

$2

($0)

Commercial loans HFS FV adjustment

(5)

(1)

(1)

Gain / (loss) on sale of OREO properties

(19)

(10)

(5)

Mortgage repurchase costs

(2)

(2)

(1)

Total credit-related revenue impact

($17)

($10)

($6)

Note: Numbers may not sum due to rounding

©

Fifth Third Bank | All Rights Reserved

7

•

2Q13 results included a $242MM gain on the sale of Vantiv shares, a $76MM positive valuation adjustment on the Vantiv

warrant, a $10MM benefit from a settlement related to a previously surrendered (BOLI) policy and a $5MM negative

valuation on the Visa total return swap.

•

1Q13 results included a $34MM positive valuation adjustment on the Vantiv warrant, $7MM in gains on the sale of certain

FTAM advisory contracts, and a $7MM negative valuation on the Visa total return swap.

•

Credit costs recorded in noninterest income:

©

Fifth Third Bank | All Rights Reserved

Noninterest expense

Noninterest expense

•

2Q13 results included $33 million in charges to increase litigation reserves and a $2 million benefit from the sale of

affordable housing investments.

•

1Q13 results included a $9 million benefit from the sale of affordable housing investments and $9 million in charges

to increase litigation reserves.

•

Credit costs recorded in noninterest expense:

Note: Numbers may not sum due to rounding

Actual

Seq.

YOY

2Q12

1Q13

2Q13

$

%

$

%

($ in millions) 

Salaries, wages and incentives

$393

$399

$404

$5

1%

11

3%

Employee benefits

84

114

83

(31)  

(27%)

(1)     

(1%)

Net occupancy expense

74

79

76

(3)

(3%)

2

4%

Technology and communications

48

49

50

1        

-

2

3%

Equipment expense

27

28

28

-

(1%)

1

1%

Card and processing expense

30

31

33

2        

6%

3

10%

Other noninterest expense

281

278

343

65    

23%

62

22%

Total Noninterest expense

$937

$978

$1,017

$39

4%

$80

9%

Actual

($ in millions)      

2Q12

1Q13

2Q13

Mortgage repurchase expense

$18

$20

$20

Provision for unfunded commitments

(1)

(11)

(2)

Derivative valuation adjustments

(0)

(1)

0          

OREO expense

5

4

3

Other problem asset related expenses

19

12

14

Total credit-related operating expenses

$40

$24

$35

8

9

©

Fifth Third Bank | All Rights Reserved

Pre-tax pre-provision earnings*

PPNR trend

* 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.

PPNR of $923MM up 41% from 1Q13 levels and up 45% from

prior year

Adjusted PPNR of $631MM, up 5% sequentially and up 6%

from prior year

PPNR reconciliation

Efficiency ratio

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

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

$565

$503

$540

$591

$859

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

71

65

76

62

64

PPNR (a) + (b)

$636

$568

$616

$653

$923

Adjustments

to

remove

(benefit)

/

detriment^:

In

noninterest

income:

Gain from Vantiv IPO (1Q12) and sale of shares (4Q12)

-

-

(157)

-

(242)

Valuation of 2009 Visa total return swap

11

1

15

7

5

Vantiv warrant & puts

(56)

16

19

(34)

(76)

Valuation of bank premises moved to HFS

17

-

-

-

-

Litigation reserve additions in revenue

6

-

-

-

-

Sale of certain Fifth Third funds

-

(13)

-

(7)

-

BOLI settlement

-

-

-

-

(10)

Securities (gains) / losses

(3)

(2)

(2)

(17)

-

In

noninterest

expense:

Debt extinguishment (gains) / losses

-

26

134

-

-

Sale of certain Fifth Third funds

-

2

-

-

-

FDIC insurance expense

(9)

-

-

-

-

Gain on sale of affordable housing

(8)

(5)

-

(9)

(2)

Litigation reserve additions in expense

(1)

5

13

9

33

Adjusted PPNR

$593

$598

$638

$602

$631

Credit-related

items^^:

In noninterest income

17

14

13

10

6

In noninterest expense

40

59

68

24

35

Credit-adjusted PPNR**

$650

$671

$719

$636

$672

59%

62%

60%

62%

52%

61%

2Q12

1Q13

2Q13

Efficiency Ratio

Adjusted

40

59

68

24

35

$800

$700

$600

$500

$400

$300

$200

$100

$0

2Q12

3Q12

4Q12

1Q13

2Q13

PPNR

$636

$568

$616

$653

$923

Noninterest Expense Credit Items

Fee Income Credit Items

Adjusted

17

14

13

10

6

593

598

638

602

631

10

©

Fifth Third Bank | All Rights Reserved

Net charge-offs

Net charge-offs by loan type

Net charge-offs by geography

$133

Net charge-offs ($MM)

$112

$181

$MM

%

Commercial

$45

41%

Consumer

$67

59%

Total  

$112

100%

$156

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

$MM

%

Florida

$13

12%

Michigan

15        

14%

Subtotal

$28

26%

Other

84        

74%

Total

$112

100%

Actual

Seq.

YOY

($ in millions)

2Q12

1Q13

2Q13

$

%

$

%

C&I

$46

$25

$33

$8

32%

($13)

(28%)

Commercial mortgage

25

26

10

(16)

(58%)

(15)

(57%)

Commercial construction

-

3

-

(3)

NM

-

NM

Commercial lease

7

-

2

2

NM

(5)

(78%)

Commercial

$78

$54

$45

($9)

(15%)

($33)

(42%)

Residential mortgage loans

36

20

15

(5)

(29%)

(21)

(59%)

Home equity

39

30

23

(7)

(23%)

(16)

(41%)

Automobile

7

4

5

1

6%

(2)

(22%)

Credit card

18

20

19

(1)

(3%)

1

6%

Other consumer

3

5

5

-

(8%)

2

37%

Consumer

$103

$79

$67

($12)

(17%)

($36)

(36%)

Total net charge-offs

$181

$133

$112

($21)

(16%)

($69)

(39%)

NCO ratio

0.88%

0.75%

0.70%

0.63%

0.51%

Note: Numbers may not sum due to rounding.

C&I

30%

Home

equity

21%

Auto

4%

Card

17%

Other

consumer

4%

Coml.

mortgage

10%

Coml lease

1%

Residential

mortgage

13%

IN

4%

KY

4%

MI

14%

OH

24%

IL

17%

Other /

National

21%

TN

1%

NC

3%

FL

12%

$147

11

©

Fifth Third Bank | All Rights Reserved

Nonperforming assets

•

NPAs of $1.2B excluding held-for-sale down

29% year-over-year

•

Commercial NPAs of $794MM, down 33% from

the previous year

–

Homebuilder / developer NPAs of

$63MM; represent 8% of total

commercial NPAs

•

Consumer NPAs of $356MM, down 18% from

the previous year

•

NPAs in held-for-sale of $15MM

C&I / Lease

$370MM, 32%

CRE

$424MM, 37%

Residential Mortgage

$312MM, 27%

Other Consumer

$44MM, 4%

ILLINOIS

INDIANA

FLORIDA

TENNESSEE

KENTUCKY

OHIO

MICHIGAN

NORTH

CAROLINA

OTHER /

NATIONAL

NPAs exclude loans held-for-sale.

Nonperforming assets ($MM)

$1,286

$1,210

Nonperforming assets continue to improve

$1,150

$1,619

$1,446

$0

$500

$1,000

$1,500

$2,000

2Q12

3Q12

4Q12

1Q13

2Q13

NPA ratio   1.96%             1.73%             1.49%          

1.41%            1.32%

437

429

403

382

356

1,182

1,017

883

828

794

Commercial

Consumer

12%

2%

25%

14%

<1%

25%

9%

<1%

13%

28%

2%

4%

2%

5%

10%

5%

20%

24%

40%

8%

3%

4%

12%

4%

18%

11%

18%

3%

9%

10%

8%

29%

16%

7%

12

NPL Rollforward

Significant improvement in NPL inflows over past year

Note: Numbers may not sum due to rounding

©

Fifth Third Bank | All Rights Reserved

12

NPL HFI Rollforward

Commercial

2Q12

3Q12

4Q12

1Q13

2Q13

988

983

806

697

639

Transfers to performing

0

(17)

(4)

(1)

(6)

Transfers to performing (restructured)

(4)

(20)

(5)

(4)

(7)

Transfers to held-for-sale

(3)

(7)

-

(1)

(2)

Loans sold from portfolio

(4)

(18)

(6)

(3)

(2)

Loan paydowns/payoffs

(123)

(159)

(89)

(53)

(80)

Transfers to other real estate owned

(15)

(35)

(22)

(27)

(28)

Charge-offs

(79)

(62)

(55)

(54)

(45)

Draws/other extensions of credit

20

21

4

5

3

983

806

697

639

623

Consumer

2Q12

3Q12

4Q12

1Q13

2Q13

364

359

347

332

312

Transfers to nonperforming

182

161

146

124

116

Transfers to performing

(26)

(29)

(28)

(26)

(31)

Transfers to performing (restructured)

(40)

(37)

(34)

(29)

(28)

Transfers to held-for-sale

-

-

-

-

-

Loans sold from portfolio

-

-

-

-

-

Loan paydowns/payoffs

(32)

(38)

(36)

(27)

(32)

Transfers to OREO/other repossessed property

(18)

(17)

(18)

(17)

(21)

Charge-offs

(72)

(53)

(47)

(46)

(30)

Draws/other extensions of credit

1

1

1

1

(1)

359

347

332

312

285

Total NPL

1,342

1,153

1,029

951

909

Total new nonaccrual loans -

HFI

385

281

214

204

267

Beginning NPL amount

Ending Commercial NPL

Beginning NPL amount

Ending Consumer NPL

Transfers to nonperforming

203

120

68

80

151

13

©

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   

2Q13 coverage ratios strong

relative to peers (1Q13)  

Industry leading reserve levels

Fifth Third

(2Q13)

Peer Median 

(1Q13)  

($150)

($100)

($50)

$0

$50

$100

$150

$200

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

2Q12

3Q12

4Q12

1Q13

2Q13

$181

$156

$147

$133

$112

($110)

($91)

($71)

($71)

($48)

2.45%

2.32%

2.16%

2.08%

1.99%

Additional Provision

Reserves

191%

151%

389%

137%

126%

290%

Reserves / NPLs

Reserves / NPAs

Reserves / Annualized NCOs

Net Charge-

offs

Mortgage repurchase overview

—

Within recent range of quarterly volatility

—

99% of outstanding balance of loans sold

—

89% of current quarter outstanding claims

—

Preponderance of private sales prior to 2006

Repurchase Reserves* ($ in millions)

Outstanding Counterparty Claims ($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

Beginning balance

$71

$75

$99

$131

$133

Net reserve additions   

20

39

47

22

20

Repurchase losses

(16)

(15)

(15)

(20)

(14)

Ending balance

$75

$99

$131

$133

$139

* Includes reps and warranty reserve ($117MM) and reserve for loans sold with recourse ($21MM)

Note: Numbers may not sum due to rounding

% Current           41%           29%           19%           26%           27%           

Outstanding Balance of Sold Loans ($ in millions)

Fannie

Freddie

GNMA

Private

Total

2003 and Prior

$422

$1,876

$131

$141

$2,570

2004

177

679

26

103

985

2005

170

806

35

104

1,116

2006

230

644

32

169

1,075

9%

2007

330

1,059

42

140

1,572

2008

407

794

315

-

1,517

2009

969

4,661

2,414

1

8,045

2010

2,298

5,204

2,288

-

9,790

2011

2,962

5,518

1,854

-

10,333

2012

5,274

10,058

4,376

52

19,760

2013

2,425

4,325

3,504

151

10,405

Grand Total

$15,663

$35,625

$15,017

$862

$67,167

1.2%

14

$120

$100

$80

$60

$40

$20

$-

2Q12

3Q12

4Q12

1Q13

2Q13

$96

$73

$66

$47

$53

18

19

19

5

6

79

55

48

42

47

Agencies

Private

Total Claims

2004-2008 vintages account for ~84% of total life to date losses

of $422MM from sold portfolio

$9 increase in representation & warranty reserve resulting from

new Freddie Mac guidance regarding potential for 2004-2006

repurchase claims

•

•

•

•

•

•

2Q13 balances of outstanding claims increased 13% from 1Q13

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

agencies

Approximately 87% 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)

©

Fifth Third Bank | All Rights Reserved

15

©

Fifth Third Bank | All Rights Reserved

Strong capital position

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

**

Capital

ratios

estimated;

presented

under

current

U.S.

capital

regulations.

The

pro

forma

Basel

III

Tier

I

common

equity

ratio

is

management’s

estimate

based

upon

its

current

interpretation

of

recent prospective regulatory capital requirements approved in July 2013.

^ 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

Tangible common equity ratio^*

Tier I capital ratio

Total risk-based capital ratio

Tier 1 common equity*

12.2%

16.1%

16

©

Fifth Third Bank | All Rights Reserved

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

^

Tier 1 common equity**

^^^

Category

Fifth Third: Outlook

2013 Outlook

#

$82.7B

$78.1B

# 2012 fee income excludes a net $305 million in benefit from gains on Vantiv share issuance, Vantiv warrants, and Vantiv debt refinancing costs. 2012 expense excludes $169 million in FHLB

and TruPS debt extinguishment costs. 2012 PPNR and ROA exclude $136 million in net benefits from these items (ROA after tax). 2013 outlook does not include Vantiv share sale and warrant

gains

totaling

$352

million

or

potential

but

currently

unforecasted

items,

such

as

any

potential

additional

Vantiv

gains,

future

capital

actions,

or

change

in

regulatory

guidance

for

treatment

of

Chapter 7 bankrupt borrowers.

* Presented on a fully-taxable equivalent basis.

** Non-GAAP measure.  See Reg. G reconciliation on slides 30-31.

^ 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 in each period.

^^ As a percentage of loans and leases.

^^^

Current

period

capital

ratios

estimated.

Tier

1

common

equity

ratio

outlook

assumes

stable

common

equity

levels

managed through

asset

growth

and

share

repurchases.

Repurchases

subject to ongoing evaluation under the Federal Reserve’s CCAR process.

2012-Adjusted

#

Outlook as of July 18, 2013;

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

Mid single digit positive growth

Mid single digit positive growth

Down ~$200MM-$225MM (~0.55%

^^

)

Lower vs. 4Q12

Down ~20% vs. 4Q12

$3.6B

3.55% (3.33% 2Q13)

$2.7B

$3.9B

$2.4B

~1.25%

~28.5%

9.51%

$704MM (0.85%

^^

)

$1.9B (2.16%)

$1.3B (1.49%)

Relatively stable

Consistent with FY2012

#

~3.35%

Consistent with FY2012

#

Consistent with FY2012

#

Consistent with FY2012

#

~1.25% +/-

~28.5%

Appendix

17

©

Fifth Third Bank | All Rights Reserved

18

©

Fifth Third Bank | All Rights Reserved

Strong mortgage banking results

•

Record origination fees and gain on loan

sales in FY12

–

Driven by record gain on sale margins

and origination volumes

–

MSR valuation adjustments of positive

$72 million offset lower gains on sale

–

Gains down $19MM due to lower gain

on sale margins

–

Gain on sale margins declined

significantly in June due to rising

mortgage rates

–

Impact of higher mortgage rates

–

Waning of refinance boom

–

Competitive pressure on industry

margins

–

Lower HARP volumes

Mortgage originations and gain-on-sale margin*

Mortgage Banking Revenue ($MM)

•Gain-on-sale margin represents gains on all loans originated for sale.

Note:  numbers may not sum due to rounding

$183

$200

$258

$233

$220

7

63

62

64

42

72

183

226

239

169

150

(41)

(22)

(48)

(40)

(52)

(53)

(51)

2Q12

3Q12

4Q12

1Q13

2Q13

Orig fees and gains on loan sales

Gross servicing fees

Servicing rights amortization

MSR valuation adjustments

$8

$7

$6

$5

$4

$3

$2

$1

$0

5.0%

4.5%

4.0%

3.5%

3.0%

2.5%

2.0%

1.5%

1.0%

0.5%

0.0%

2Q12

3Q12

4Q12

1Q13

2Q13

Originations for sale

Originations HFI

Margin*

•

2Q13 mortgage volume a record

•

Expect lower mortgage gain on sale

revenue on lower volume due to:

•

Potential for better mortgage servicing

results as rates increase

61

62

($B)

19

©

Fifth Third Bank | All Rights Reserved

European Exposure

Sovereigns

Financial

Institutions

Non-Financial

Institutions

Total

Total

Funded

Total

Funded

Total

Funded

Total

Funded

($ in millions)

Exposure Exposure

Exposure Exposure

Exposure Exposure

Exposure

(a)

Exposure

Peripheral

Europe

(b)

$

-

-

10

-

190

123

200

123

Other

Eurozone

(c)

-

-

43

27

1,737

1,140

1,780

1,167

Total Eurozone

-

-

53

27

1,927

1,263

1,980

1,290

Other

Europe

(d)

-

-

142

64

787

478

929

542

Total Europe

$

-

-

195

91

2,714

1,741

2,909

1,832

European Exposure

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

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

Eurozone

includes

countries

participating

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

•

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 <$200MM

•

Total exposure to five peripheral Europe countries ~$200MM

•

~$1.3B in funded exposure to Eurozone-related companies (~1% of total loan portfolio)

20

©

Fifth Third Bank | All Rights Reserved

Available and contingent borrowing capacity (2Q13):

–

FHLB ~$11B available, ~$12B total

–

Federal Reserve ~$29B

Holding Company cash at 6/30/13: $1.8B

Cash currently sufficient to satisfy all fixed obligations

in a stressed environment for over 2 years (debt

maturities, common and preferred dividends, interest

and other expenses) without accessing capital markets;

relying on dividends from subsidiaries or any other

discretionary actions

Expected cash obligations over the next 24 months

—

~$783MM common dividends

—

~$74MM Series G preferred dividends

—

~$639MM 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%

Fifth Third Bancorp

Fifth Third Capital Trust (Bancorp)

2013

2014

2015

2016

2017

2018

2019 on

$1,250

$500

$500

$2,312

2013

2014

2015

2016

2017

2018

2019 on

$1,447

$500

$700

$600

Equity

12%

Demand

24%

Interest

checking

19%

Consumer

time

3%

Foreign

Office

1%

Non-Core

Deposits

6%

S-T

borrowings

2%

Other

liabilities

5%

L-T debt

6%

Savings/

MMDA

22%

21

©

Fifth Third Bank | All Rights Reserved

Troubled debt restructurings overview

Successive improvement in vintage performance during

2008 and 2009 as volume of modification increased

Of $1.8B in consumer TDRs, $1.7B were on accrual

status and $162MM were nonaccruals

—

$1.2B 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 4Q12

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

$1.4B current consumer TDRs (%)

$1.2

billion

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

22%

37%

18%

12%

10%

1%

Mortgage TDR Volume by Vintage

2008

2009

2010

2011

2012

2013

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

6

12

18

Months Since Modification

2008

2009

2010

2011

2012

58%

10%

12%

11%

9%

6 months

6-12 months

12-18 months

18-24 months

24+ months

22

©

Fifth Third Bank | All Rights Reserved

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$32,612

$33,344

$36,038

$36,757

$37,856

Avg Loans*

$32,734

$33,111

$34,301

$36,395

$37,630

90+ days delinquent

$2

$1

$1

$1

-

as % of loans

0.01%

NM

NM

NM

NM

NPAs*

$479

$406

$352

$332

$361

as % of loans

1.47%

1.22%

0.98%

0.90%

0.95%

Net charge-offs

$46

$29

$36

$25

$33

as % of loans

0.57%

0.36%

0.42%

0.28%

0.35%

C&I

Commercial & industrial

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 43% of total loans

and 29% of net charge-offs

•

FL represented 6% of loans, 10% of 2Q13 losses

*

Excludes loans held-for-sale.

FL

6%

MI

8%

OH

14%

IN

5%

IL

13%

KY

3%

TN

5%

NC

4%

Other /

National

42%

Auto

Manufacturing

1%

Accommodation

3%

Construction

4%

Finance &

Insurance

14%

Manufacturing

23%

Real Estate

3%

Retail Trade

4%

Auto Retailers

2%

Wholesale

Trade

10%

Other

36%

23

©

Fifth Third Bank | All Rights Reserved

Commercial mortgage

Loans by geography

Credit trends

Loans by industry

Comments

Commercial

mortgage

loans

represented

10%

of

total

loans

and

9%

of

net

charge-offs

Owner

occupied

2Q13

NCO

ratio

of

0.3%,

non-owner

occupied

2Q13 NCO ratio of 0.7%

Loans

from

FL/MI

represented

37%

of

portfolio

loans,

49%

of

portfolio losses in 2Q13

* Excludes loans held-for-sale.

IN

6%

OH

27%

MI

24%

Wholesale

Trade

4%

Auto Retailers

3%

Retail Trade

5%

Real Estate

38%

Manufacturing

8%

Accommodation

5%

Other

28%

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$9,662

$9,348

$9,103

$8,766

$8,443

Avg Loans*

$9,810

$9,567

$9,193

$8,965

$8,618

90+ days delinquent

$22

$22

$22

-

-

as % of loans

0.23%

0.24%

0.24%

NM

NM

NPAs*

$555

$489

$434

$409

$355

as % of loans

5.66%

5.15%

4.69%

4.59%

4.15%

Net charge-offs

$25

$28

$17

$26

$10

as % of loans

1.04%

1.15%

0.70%

1.18%

0.50%

Commercial mortgage

Finance &

Insurance

3%

Construction

5%

Auto

Manufacturing

<1%

FL

13%

Other /

National

11%

NC

4%

TN

2%

KY

3%

IL

10%

24

©

Fifth Third Bank | All Rights Reserved

Commercial construction

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial construction loans represented 1% of total loans

and increased 9% from 1Q13

•

Loans from FL/MI represented 22% of portfolio loans

*

Excludes loans held-for-sale.

MI

12%

OH

21%

IN

3%

IL

14%

KY

3%

TN

3%

NC

4%

Other /

National

30%

FL

10%

Accommodation

1%

Construction

18%

Finance &

Insurance

3%

Manufacturing

1%

Real estate

58%

Retail Trade

1%

Auto  Retailers

1%

Wholesale

Trade

1%

Other

16%

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$822

$672

$698

$694

$754

Avg Loans*

$873

$742

$686

$695

$713

90+ days delinquent

-

-

$1

-

as % of loans

NM

NM

0.14%

NM

NM

NPAs*

$141

$110

$88

$78

$69

as % of loans

16.57%

15.77%

12.37%

11.12%

8.88%

Net charge-offs

-

$4

$4

$3

as % of loans

(0.12%)

2.29%

1.91%

1.44%

(0.04%)

Commercial construction

-

25

©

Fifth Third Bank | All Rights Reserved

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

$253MM,

down

92%

from

peak

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

commercial loans

$63MM

of

NPAs

(60%

commercial

mortgage,

28%

commercial

construction, 12% C&I)

* Excludes loans held-for-sale.

Commercial

mortgage

43%

C&I

26%

Commercial

construction

31%

KY

4%

IL

10%

IN

6%

OH

44%

MI

18%

FL

2%

Other /

National

<1%

NC

10%

TN

6%

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$376

$376

$318

$309

$285

90+ days delinquent

-

-

-

-

-

as % of loans

NM

NM

NM

NM

NM

NPAs*

$114

$104

$88

$79

$63

as % of loans

26.52%

23.96%

24.19%

22.44%

22.00%

Net charge-offs

$4

$3

-

$1

($1)

as % of loans

4.37%

2.85%

0.28%

1.57%

(0.84%)

Homebuilders/developers

Residential mortgage

1   liens: 100%; weighted average LTV: 72.6%

Weighted average origination FICO: 753

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

720-749 14%; 750+ 57%; Other^ 8%

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

Origination LTV distribution: <=70 39%; 70.1-80 37%; 80.1-90 7%;

90.1-95 4%; >95 13%

Vintage distribution: 2013: 14%; 2012 26%; 2011 17%; 2010 9%;

2009 4%; 2008 4%; 2007 5%; 2006 5%; 2005 8%; 2004 and prior

8%

13% originated through broker; 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 13% of net charge-offs

•

FL portfolio 13% of residential mortgage loans and 31% of

portfolio losses; MI portfolio 15% of residential mortgage

loans and 18% of portfolio losses

st

26

FL

13%

MI

15%

OH

25%

IN

8%

IL

13%

KY

6%

TN

2%

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$11,429

$11,708

$12,017

$12,091

$12,400

Avg Loans*

$11,274

$11,578

$11,846

$12,096

$12,260

90+ days delinquent

$80

$76

$75

$74

$71

as % of loans

0.70%

0.65%

0.62%

0.61%

0.57%

NPAs*

$322

$317

$290

$275

$255

as % of loans

2.82%

2.71%

2.41%

2.27%

2.06%

Net charge-offs

$36

$26

$23

$20

$15

as % of loans

1.28%

0.90%

0.77%

0.69%

0.48%

Residential mortgage

NC

5%

Other /

National

13%

©

Fifth Third Bank | All Rights Reserved

27

©

Fifth Third Bank | All Rights Reserved

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$1,458

$1,414

$1,366

$1,321

$1,275

90+ days delinquent

$17

$16

$14

$13

$11

as % of loans

1.15%

1.16%

1.05%

1.02%

0.89%

Net charge-offs

$14

$13

$12

$10

$7

as % of loans

3.76%

3.62%

3.48%

3.08%

2.30%

Home equity - brokered

($ in millions)

2Q12

3Q12

4Q12

1Q13

2Q13

EOP Balance*

$8,919

$8,824

$8,652

$8,406

$8,256

90+ days delinquent

$50

$49

$44

$40

$37

as % of loans

0.56%

0.55%

0.50%

0.47%

0.44%

Net charge-offs

$25

$24

$22

$20

$16

as % of loans

1.14%

1.09%

1.01%

0.93%

0.76%

Home equity - direct

Home equity loans represented  11% of total loans and 21% of net

charge-offs

Approximately 13% of portfolio in broker product generated 32% total

loss

Approximately one third of Fifth Third 2     liens are behind Fifth Third

1   liens

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

for 43% of losses

Home equity

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

1   liens: 33%; 2nd liens: 67% 

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 40%; 70.1-

80 23%; 80.1-90 19%; 90.1-95 6%; >95 12%

Vintage distribution: 2013: 3%; 2012 5%; 2011 3%; 2010 3%; 2009

4%; 2008 10%; 2007 10%; 2006 14%; 2005 13%; 2004 and prior 35%

% through broker channels: 13% WA FICO: 734 brokered, 754 direct;

WA CLTV: 88% brokered; 71% direct

Other

17%

NC

1%

TN

2%

IL

13%

IN

10%

OH

25%

MI

22%

FL

3%

KY

7%

Other

2%

FL

9%

MI

20%

OH

32%

IN

9%

IL

14%

KY

8%

TN

1%

NC

5%

nd

st

st

Brokered loans by geography

Direct loans by geography

Credit trends

Portfolio details

Comments

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.

Note: Numbers may not sum due to rounding

28

8%

2%

11%

36%

24%

1%

1%

17%

4%

<1%

14%

39%

32%

3%

8%

4%

9%

1%

25%

22%

5%

<1%

34%

Loans ($B)

% of

FITB

NPAs

($MM)

% of

FITB

NCOs

($MM)

% of

FITB

Commercial loans

2.4

6%

39

11%

3

10%

Commercial mortgage

1.1

13%

93

26%

1

6%

Commercial construction

0.1

10%

24

34%

-

NM

Commercial lease

0.1

2%

7

88%

-

NM

Commercial

3.7

7%

164

21%

4

9%

Mortgage

1.7

13%

113

46%

5

31%

Home equity

0.7

8%

11

19%

3

12%

Auto

0.6

5%

1

8%

-

NM

Credit card

0.1

5%

3

7%

1

6%

Other consumer

0.0

3%

-

NM

1

13%

Consumer

3.1

8%

127

36%

9

14%

Total

6.8

8%

291

25%

13

12%

Florida

©

Fifth Third Bank | All Rights Reserved

©

Fifth Third Bank | All Rights Reserved

29

Loans ($B)

% of

FITB

NPAs

($MM)

% of

FITB

NCOs

($MM)

% of

FITB

Commercial loans

3.2

8%

33

9%

-

NM

Commercial mortgage

2.1

24%

93

26%

5

43%

Commercial construction

0.1

12%

8

12%

-

NM

Commercial lease

0.2

5%

0

3%

-

NM

Commercial

5.5

11%

134

17%

4

9%

Mortgage

1.9

15%

26

10%

3

18%

Home equity

1.9

20%

9

16%

5

20%

Auto

0.9

7%

1

7%

1

15%

Credit card

0.3

14%

7

18%

2

13%

Other consumer

0.1

20%

-

NM

1

16%

Consumer

5.0

14%

42

12%

11

17%

Total

10.5

12%

176

15%

15

14%

Michigan

Michigan market*

Deterioration in home price values coupled with weak economy impacted credit results due to frequency of defaults and severity

COML

MORTGAGE

C&I

RESI

MORTGAGE

OTHER

CONS

COML

CONST

COML

LEASE

HOME

EQUITY

AUTO

CREDIT

CARD

Total Loans

NPAs

NCOs**

* NPAs exclude loans held-for-sale.

**

C&I,

Commercial

Construction,

and

Commercial

Lease

net

charge-offs

resulted

in

~$0.5MM

net

recoveries,

which

are

excluded

from

this

graph.

Note: Numbers may not sum due to rounding

8%

3%

1%

30%

19%

1%

2%

18%

18%

18%

4%

<1%

5%

15%

<1%

5%

5%

16%

4%

29%

29%

17%

53%

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

June

March

December

September

June

2013

2013

2012

2012

2012

Income before income taxes (U.S. GAAP)

$859

$591

$540

$503

$565

Add:

Provision expense (U.S. GAAP)

64

62

76

65

71

Pre-provision net revenue (a)

923

653

616

568

636

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

594

413

390

354

376

Add:

Intangible amortization, net of tax

1

1

2

2

2

Tangible net income available to common shareholders

595

414

392

356

378

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

2,387

1,679

1,559

1,416

1,520

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

14,221

13,779

13,855

13,887

13,628

Less:

Average preferred stock

(717)

(398)

(398)

(398)

(398)

Average goodwill

(2,416)

(2,416)

(2,417)

(2,417)

(2,417)

Average intangible assets

(24)

(26)

(28)

(31)

(34)

Average tangible common equity (c)

11,064

10,939

11,012

11,041

10,779

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

14,251

13,882

13,716

13,718

13,773

Less: 

Preferred stock

(991)

(398)

(398)

(398)

(398)

Goodwill

(2,416)

(2,416)

(2,416)

(2,417)

(2,417)

Intangible assets

(23)

(25)

(27)

(30)

(33)

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

10,821

11,043

10,875

10,873

10,925

Less: Accumulated other comprehensive income / loss

(149)

(333)

(375)

(468)

(454)

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

10,672

10,710

10,500

10,405

10,471

Total assets (U.S. GAAP)

123,360

121,382

121,894

117,483

117,543

Less: 

Goodwill

(2,416)

(2,416)

(2,416)

(2,417)

(2,417)

Intangible assets

(23)

(25)

(27)

(30)

(33)

Tangible assets, including unrealized gains / losses (f)

120,921

118,941

119,451

115,036

115,093

Less: Accumulated other comprehensive income / loss, before tax

(229)

(512)

(577)

(720)

(698)

Tangible assets, excluding unrealized gains / losses (g)

120,692

118,429

118,874

114,316

114,395

Common shares outstanding (h)

851

875

882

897

919

Ratios:

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

21.6%

15.4%

14.1%

12.8%

14.1%

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

8.83%

9.03%

8.83%

9.10%

9.15%

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

8.95%

9.28%

9.10%

9.45%

9.49%

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

12.71

12.62

12.33

12.12

11.89

For the Three Months Ended

30

©

Fifth Third Bank | All Rights Reserved

31

©

Fifth Third Bank | All Rights Reserved

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

June

March

December

September

June

2013

2013

2012

2012

2012

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

$14,251

$13,882

$13,716

$13,718

$13,773

Goodwill and certain other intangibles

(2,496)

(2,504)

(2,499)

(2,504)

(2,512)

Unrealized gains

(149)

(333)

(375)

(468)

(454)

Qualifying trust preferred securities

810

810

810

810

2,248

Other

22

23

33

38

38

Tier I capital

12,438

11,878

11,685

11,594

13,093

Less:

Preferred stock

(991)

(398)

(398)

(398)

(398)

Qualifying trust preferred securities

(810)

(810)

(810)

(810)

(2,248)

Qualifying noncontrolling interest in consolidated subsidiaries

(38)

(38)

(48)

(51)

(51)

Tier I common equity (a)

10,599

10,632

10,429

10,335

10,396

Risk-weighted assets, determined in accordance with

prescribed regulatory requirements (b)

112,330

109,626

109,699

106,858

106,398

Ratio:

Tier I common equity (a) / (b)

9.44%

9.70%

9.51%

9.67%

9.77%

Basel III -

Estimated Tier 1 common equity ratio

June

2013

Tier 1 common equity (Basel I)

$10,599

Add:

Adjustment related to Capital components

$86

Estimated Tier 1 common equity under final Basel III rules without AOCI (opt out)(c)

$10,685

Add:

Adjustment related to AOCI

$149

Estimated Tier 1 common equity under final Basel III rules with AOCI (non opt out)(d)

$10,834

Estimated risk-weighted assets under final Basel III rules (e)

117,383

Estimated Tier 1 common

equity

ratio

under

final

Basel

III

rules

(opt

out)

(c)

/ (e)

9.10%

Estimated Tier 1

common

equity

ratio

under

final

Basel

III

rules

(non

opt

out)

(d) / (e)

9.23%

For the Three Months Ended

(c), (d)  Under the final Basel III rules, non-advanced approach banks are permitted to make a one-time election to opt out of the requirement to include AOCI in Tier 1 common equity.

Other adjustments include mortgage servicing rights and deferred tax assets subject to threshold limitations and deferred tax liabilities related to intangible assets.

(e)        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 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; and (4) Derivatives are differentiated between exchange clearing and over-the-counter and the 50% risk-weight cap is removed.

EX-99.3

Exhibit 99.3

July 2013

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
	June		March		December		September		June		March		December		September
	2013		2013		2012		2012		2012		2012		2011		2011
Ratios (percent)
Return on assets		1.98		1.41		1.33		1.23		1.32		1.49		1.08		1.34
Return on average common equity		17.6		12.5		11.5		10.4		11.4		13.1		9.5		11.9
Average equity as a percent of average assets		11.64		11.38		11.65		11.82		11.58		11.49		11.41		11.33
Net interest margin (a)		3.33		3.42		3.49		3.56		3.56		3.61		3.67		3.65
Efficiency (a)		52.3		59.8		65.2		63.7		59.4		58.3		67.5		60.4
Net losses charged off as a percent of average loans and leases		0.51		0.63		0.70		0.75		0.88		1.08		1.19		1.32
Allowance for loan and lease losses as a percent of loans and leases		1.99		2.08		2.16		2.32		2.45		2.59		2.78		3.08
Allowance for credit losses as a percent of loans and leases		2.18		2.28		2.37		2.53		2.66		2.81		3.01		3.32
Nonperforming assets as a percent of loans, leases and other assets, including OREO (b)		1.32		1.41		1.49		1.73		1.96		2.03		2.23		2.44
Allowance for loan and lease losses as a percent of nonperforming assets (b)		151		147		144		133		125		127		124		125
Allowance for credit losses as a percent of nonperforming assets (b)		165		161		158		145		136		138		134		135
Common Share Data
Earnings per share	$	0.69	$	0.47	$	0.44	$	0.39	$	0.41	$	0.46	$	0.33	$	0.41
Earnings per diluted share	$	0.66	$	0.46	$	0.43	$	0.38	$	0.40	$	0.45	$	0.33	$	0.40
Cash dividends per common share		0.12		0.11		0.10		0.10		0.08		0.08		0.08		0.08
Book value per share		15.57		15.42		15.10		14.84		14.56		14.30		13.92		13.73
Common shares outstanding, excluding treasury		851,473,955		874,644,725		882,152,057		897,467,317		918,913,253		920,056,340		919,804,436		919,778,512
Market price per share:
High	$	18.60	$	16.61	$	16.16	$	15.95	$	14.67	$	14.73	$	13.08	$	13.09
Low		15.80		15.35		13.75		13.07		12.04		12.78		9.60		9.13
End of period		18.05		16.31		15.20		15.51		13.40		14.04		12.72		10.10
Supplemental Data
Common dividends declared ($ in millions)	$	102	$	96	$	88	$	89	$	74	$	74	$	74	$	74
Full-time equivalent employees		20,569		20,744		20,798		20,789		20,888		21,206		21,334		21,172
Banking centers		1,326		1,320		1,325		1,320		1,322		1,315		1,316		1,314
ATMs		2,433		2,426		2,415		2,404		2,409		2,404		2,425		2,437

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

(b) Excludes nonperforming assets held for sale.

Page 2

Quarterly Data

	Three Months Ended
	June			March			December			September			June			March			December			September
	2013			2013			2012			2012			2012			2012			2011			2011
Income Statement ($ in millions)
Interest income (FTE)	$	989		$	1,000		$	1,020		$	1,027		$	1,031		$	1,045		$	1,061		$	1,059
Interest expense		104			107			117			120			132			142			141			157
Net interest income (FTE)		885			893			903			907			899			903			920			902
Provision for loan and lease losses		64			62			76			65			71			91			55			87
Noninterest income:
Service charges on deposits		136			131			134			128			130			129			136			134
Investment advisory revenue		98			100			93			92			93			96			90			92
Corporate banking revenue		106			99			114			101			102			97			82			87
Mortgage banking net revenue		233			220			258			200			183			204			156			178
Card and processing revenue		67			65			66			65			64			59			60			78
Other noninterest income		414			109			215			78			103			175			24			64
Securities gains, net		—			17			2			2			3			9			5			26
Securities gains, net—non-qualifying hedges on mortgage servicing rights		6			2			(2	)		5			—			—			(3	)		6
Total noninterest income		1,060			743			880			671			678			769			550			665
Noninterest expense:
Salaries, wages and incentives		404			399			416			399			393			399			393			369
Employee benefits		83			114			96			79			84			112			84			70
Net occupancy expense		76			79			76			76			74			77			79			75
Technology and communications		50			49			52			49			48			47			48			48
Equipment expense		28			28			27			28			27			27			27			28
Card and processing expense		33			31			31			30			30			30			28			34
Other noninterest expense		343			278			465			345			281			281			334			322
Total noninterest expense		1,017			978			1,163			1,006			937			973			993			946
Income before income taxes (FTE)		864			596			544			507			569			608			422			534
Taxable equivalent adjustment		5			5			4			4			4			5			4			4
Income before income taxes		859			591			540			503			565			603			418			530
Applicable income tax		256			179			144			139			180			173			104			149
Net income	$	603		$	412		$	396		$	364		$	385		$	430		$	314		$	381
Less: Net income attributable to noncontrolling interests		—			(10	)		(3	)		1			—			—			—			—
Net income attributable to Bancorp	$	603		$	422		$	399		$	363		$	385		$	430		$	314		$	381
Dividends on preferred stock		9			9			9			9			9			9			9			8
Net income available to common shareholders	$	594		$	413		$	390		$	354		$	376		$	421		$	305		$	373
Regulatory Capital Data ($ in millions) (a)
Tier I capital	$	12,438		$	11,878		$	11,685		$	11,594		$	13,093		$	12,860		$	12,503		$	12,266
Tier II capital		3,676			3,853			4,131			4,183			4,188			4,076			4,382			4,397
Total risk-based capital	$	16,114		$	15,731		$	15,816		$	15,777		$	17,281		$	16,936		$	16,885		$	16,663
Risk-weighted assets	$	112,330		$	109,626		$	109,699		$	106,858		$	106,398		$	105,412		$	104,945		$	102,562
Tier I capital ratio		11.07	%		10.83	%		10.65	%		10.85	%		12.31	%		12.20	%		11.91	%		11.96	%
Total risk-based capital ratio		14.35	%		14.35	%		14.42	%		14.76	%		16.24	%		16.07	%		16.09	%		16.24	%
Tier I leverage ratio		10.41	%		10.03	%		10.05	%		10.09	%		11.39	%		11.31	%		11.10	%		11.08	%
Tier I common equity ratio		9.44	%		9.70	%		9.51	%		9.67	%		9.77	%		9.64	%		9.35	%		9.33	%

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

Page 3

Quarterly Data

	As of
	June			March			December			September			June			March			December			September
	2013			2013			2012			2012			2012			2012			2011			2011
Balance Sheet ($ in millions, except share data)
Assets
Cash and due from banks	$	2,390		$	2,186		$	2,441		$	2,490		$	2,393		$	2,235		$	2,663		$	2,348
Available-for-sale and other securities		16,187			15,263			15,207			15,402			15,552			16,093			15,362			16,227
Held-to-maturity securities		274			283			284			287			305			321			322			337
Trading securities		219			218			207			205			200			195			177			189
Other short-term investments		1,109			2,286			2,421			1,286			1,964			1,628			1,781			2,028
Total cash and securities		20,179			20,236			20,560			19,670			20,414			20,472			20,305			21,129
Loans held for sale		2,148			2,691			2,939			1,802			1,863			1,584			2,954			1,840
Portfolio loans and leases		87,032			85,676			85,782			83,059			82,359			82,113			81,018			79,216
Total loans and leases		89,180			88,367			88,721			84,861			84,222			83,697			83,972			81,056
Allowance for loan and lease losses		(1,735	)		(1,783	)		(1,854	)		(1,925	)		(2,016	)		(2,126	)		(2,255	)		(2,439	)
Bank premises and equipment		2,540			2,540			2,542			2,520			2,506			2,485			2,447			2,410
Operating lease equipment		645			598			581			542			511			495			497			462
Goodwill		2,416			2,416			2,416			2,417			2,417			2,417			2,417			2,417
Intangible assets		23			25			27			30			33			36			40			45
Servicing rights		899			772			697			679			736			767			681			662
Other real estate owned		301			316			320			356			338			383			429			447
Other assets		8,912			7,895			7,884			8,333			8,382			8,121			8,434			8,716
Total assets	$	123,360		$	121,382		$	121,894		$	117,483		$	117,543		$	116,747		$	116,967		$	114,905
Liabilities
Deposits:
Demand	$	30,097		$	30,027		$	30,023		$	27,606		$	26,251		$	26,385		$	27,600		$	24,547
Interest checking		22,878			23,175			24,477			22,891			23,197			23,971			20,392			18,616
Savings		18,448			19,339			19,879			20,624			22,011			22,245			21,756			21,673
Money market		9,247			8,613			6,875			5,285			4,223			4,275			4,989			5,448
Foreign office		1,570			1,089			885			1,059			1,265			1,251			3,250			3,139
Other time		3,793			3,909			4,015			4,167			4,261			4,446			4,638			5,439
Certificates—$100,000 and over		7,374			5,472			3,284			2,978			3,065			3,162			3,039			3,092
Other foreign office		47			—			79			78			—			56			46			93
Total deposits		93,454			91,624			89,517			84,688			84,273			85,791			85,710			82,047
Federal funds purchased		636			386			901			686			641			319			346			427
Other short-term borrowings		2,112			2,439			6,280			5,503			4,613			2,877			3,239			4,894
Other liabilities		5,929			4,693			4,347			4,710			4,507			4,502			4,739			4,679
Long-term debt		6,940			8,320			7,085			8,127			9,685			9,648			9,682			9,800
Total liabilities		109,071			107,462			108,130			103,714			103,719			103,137			103,716			101,847
Equity
Common and preferred equity		15,304			14,315			13,975			13,648			13,402			13,154			12,795			12,552
Net unrealized gains (losses):
Available-for-sale securities		203			381			412			494			475			487			485			519
Qualifying cash flow hedges		29			37			50			62			69			73			80			91
Accumulated other comprehensive income related to employee benefit plans		(83	)		(85	)		(87	)		(88	)		(91	)		(92	)		(95	)		(68	)
Treasury stock, at cost		(1,202	)		(766	)		(634	)		(398	)		(83	)		(62	)		(64	)		(65	)
Total Bancorp shareholders’ equity		14,251			13,882			13,716			13,718			13,773			13,560			13,201			13,029
Noncontrolling interest		38			38			48			51			51			50			50			29
Total equity		14,289			13,920			13,764			13,769			13,824			13,610			13,251			13,058
Total liabilities and equity	$	123,360		$	121,382		$	121,894		$	117,483		$	117,543		$	116,747		$	116,967		$	114,905
Share Data
Preferred shares outstanding—Series G		16,442			16,450			16,450			16,450			16,450			16,450			16,450			16,450
Preferred shares outstanding—Series H		24,000			—			—			—			—			—			—			—
Common shares outstanding, excluding treasury		851,473,955			874,644,725			882,152,057			897,467,317			918,913,253			920,056,340			919,804,436			919,778,512
Treasury shares held		72,418,626			49,247,856			41,740,524			26,425,263			4,979,328			3,836,240			4,088,144			4,114,068

Page 4

Quarterly Data

	Three Months Ended
	June			March			December			September			June			March			December			September
	2013			2013			2012			2012			2012			2012			2011			2011
Average Balance Sheet ($ in millions, except share data)
Assets
Interest-earning assets:
Loans and leases	$	89,473		$	88,880		$	86,180			84,829		$	84,508		$	83,757		$	82,278		$	80,013
Taxable securities		15,346			15,224			15,187			15,005			15,548			15,313			15,270			15,790
Tax exempt securities		55			51			57			48			62			59			58			64
Other short-term investments		1,561			1,571			1,521			1,535			1,558			1,363			1,915			2,288
Total interest-earning assets		106,435			105,726			102,945			101,417			101,676			100,492			99,521			98,155
Cash and due from banks		2,359			2,225			2,442			2,368			2,264			2,345			2,418			2,362
Other assets		15,198			15,016			15,468			15,749			15,835			15,734			15,758			15,381
Allowance for loan and lease losses		(1,780	)		(1,850	)		(1,912	)		(2,013	)		(2,121	)		(2,246	)		(2,429	)		(2,603	)
Total assets	$	122,212		$	121,117		$	118,943		$	117,521		$	117,654		$	116,325		$	115,268		$	113,295
Liabilities
Interest-bearing liabilities:
Interest checking	$	22,796		$	23,763		$	23,556		$	22,967		$	23,548		$	22,308		$	19,263		$	18,322
Savings		18,864			19,576			20,216			21,283			22,143			21,944			21,715			21,747
Money market		8,918			7,932			6,026			4,776			4,258			4,543			5,255			5,213
Foreign office		1,418			1,102			1,174			1,345			1,321			2,277			3,325			3,255
Other time		3,859			3,982			4,094			4,224			4,359			4,551			4,960			6,008
Certificates—$100,000 and over		6,519			4,017			3,084			3,016			3,130			3,178			3,085			3,376
Other foreign office		10			40			32			32			23			19			16			7
Federal funds purchased		560			691			794			664			408			370			348			376
Other short-term borrowings		2,867			5,429			4,553			4,856			4,303			3,261			3,793			4,033
Long-term debt		7,552			7,506			7,891			8,863			9,669			9,768			9,707			10,136
Total interest-bearing liabilities		73,363			74,038			71,420			72,026			73,162			72,219			71,467			72,473
Demand deposits		29,682			28,565			29,223			27,127			26,351			26,063			26,069			23,677
Other liabilities		4,908			4,687			4,394			4,430			4,462			4,627			4,536			4,275
Total liabilities		107,953			107,290			105,037			103,583			103,975			102,909			102,072			100,425
Equity		14,259			13,827			13,906			13,938			13,679			13,416			13,196			12,870
Total liabilities and equity	$	122,212		$	121,117		$	118,943		$	117,521		$	117,654		$	116,325		$	115,268		$	113,295
Average loans and leases (excluding held for sale)	$	86,707		$	85,903		$	83,943		$	82,888		$	82,586		$	81,500		$	79,914		$	78,620
Average common shares outstanding:
Basic		858,582,710			870,923,074			884,676,065			904,474,989			913,540,510			915,225,816			914,996,543			914,946,545
Diluted		900,625,454			913,163,262			925,585,306			944,820,608			954,622,463			957,415,527			956,348,893			955,490,439

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Quarterly Data

	Three Months Ended
	June			March			December			September			June			March			December			September
	2013			2013			2012			2012			2012			2012			2011			2011
End of Period Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	37,868		$	36,782		$	36,077		$	33,357		$	32,625		$	32,203		$	30,828		$	29,324
Commercial mortgage		8,450			8,777			9,116			9,368			9,697			9,976			10,214			10,435
Commercial construction		758			699			707			683			834			916			1,037			1,239
Commercial leases		3,570			3,568			3,549			3,549			3,471			3,512			3,531			3,368
Subtotal—commercial		50,646			49,826			49,449			46,957			46,627			46,607			45,610			44,366
Consumer:
Residential mortgage		14,513			14,713			14,873			13,449			13,218			12,523			13,474			11,878
Home equity		9,531			9,727			10,018			10,238			10,377			10,493			10,719			10,920
Automobile loans		12,015			11,741			11,972			11,912			11,739			11,832			11,827			11,593
Credit card		2,114			2,043			2,097			1,994			1,943			1,896			1,978			1,878
Other consumer loans and leases		361			317			312			311			318			346			364			421
Subtotal—consumer		38,534			38,541			39,272			37,904			37,595			37,090			38,362			36,690
Total loans and leases	$	89,180		$	88,367		$	88,721		$	84,861		$	84,222		$	83,697		$	83,972		$	81,056
Average Loans and Leases ($ in millions) (net of unearned discount)
Commercial:
Commercial and industrial loans	$	37,636		$	36,423		$	34,311		$	33,124		$	32,770		$	31,421		$	29,954		$	28,824
Commercial mortgage		8,627			8,978			9,209			9,592			9,873			10,077			10,350			10,140
Commercial construction		717			700			697			751			886			1,008			1,155			1,777
Commercial leases		3,553			3,557			3,509			3,483			3,471			3,543			3,352			3,300
Subtotal—commercial		50,533			49,658			47,726			46,950			47,000			46,049			44,811			44,041
Consumer:
Residential mortgage		14,984			14,866			14,028			13,458			13,059			12,928			12,638			11,224
Home equity		9,625			9,872			10,129			10,312			10,430			10,606			10,810			10,985
Automobile loans		11,887			12,096			11,944			11,812			11,755			11,882			11,696			11,445
Credit card		2,071			2,069			2,029			1,971			1,915			1,926			1,906			1,864
Other consumer loans and leases		373			319			324			326			349			366			417			454
Subtotal—consumer		38,940			39,222			38,454			37,879			37,508			37,708			37,467			35,972
Total average loans and leases	$	89,473		$	88,880		$	86,180		$	84,829		$	84,508		$	83,757		$	82,278		$	80,013
Asset Quality ($ in millions)
Nonaccrual portfolio loans and leases	$	607		$	618		$	665		$	808		$	1,002		$	994		$	1,058		$	1,134
Nonaccrual loans held for sale		15			16			25			38			55			110			131			171
Restructured loans—commercial (nonaccrual) held for sale		—			3			4			5			5			7			7			26
Restructured loans and leases (nonaccrual) portfolio		302			333			364			345			340			358			380			404
Other assets, including other real estate owned		241			259			257			293			277			321			378			406
Total nonperforming assets	$	1,165		$	1,229		$	1,315		$	1,489		$	1,679		$	1,790		$	1,954		$	2,141
Ninety days past due loans and leases	$	152		$	164		$	195		$	201		$	203		$	216		$	200		$	274
Nonperforming Loans ($ in millions) (nonaccrual plus renegotiated)
Commercial and industrial loans and leases	$	356		$	323		$	345		$	401		$	471		$	489		$	544		$	646
Commercial mortgage		235			260			296			356			449			470			497			513
Commercial construction loans		47			74			85			93			123			146			156			194
Residential mortgage loans		202			221			237			254			260			265			275			276
Other consumer loans and leases		84			92			95			93			99			99			104			108
Total nonperforming loans and leases (including held for sale)	$	924		$	970		$	1,058		$	1,197		$	1,402		$	1,469		$	1,576		$	1,737
Credit Charge-Offs ($ in millions)
Gross charge-offs	($	145	)	($	168	)	($	177	)	($	188	)	($	219	)	($	253	)	($	280	)	($	294	)
Recoveries		33			35			30			32			38			33			41			32
Net losses charged off	($	112	)	($	133	)	($	147	)	($	156	)	($	181	)	($	220	)	($	239	)	($	262	)

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