EX-99.2

1Q14 Earnings Conference Call

April 17, 2014

Refer to earnings release dated April 17, 2014 for further information.

Exhibit 99.2

Cautionary statement

This report contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the Securities Act

of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and

Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future

performance or business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are

expected to,” “is anticipated,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as

“believes,” “plans,” “trend,” “objective,” “continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,”

“should,” “could,” “might,” “can,” or similar verbs. You should not place undue reliance on these statements, as they are subject to risks

and uncertainties, including but not limited to the risk factors set forth in our most recent Annual Report on Form 10-K. When considering

these forward-looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may

make. Moreover, you should treat these statements as speaking only as of the date they are made and based only on information then

actually known to us.

There are a number of important factors that could cause future results to differ materially from historical performance and these forward-

looking statements. Factors that might cause such a difference include, but are not limited to: (1) general economic conditions and

weakening in the economy, specifically the real estate market, either nationally or in the states in which Fifth Third, one or more acquired

entities and/or the combined company do business, are less favorable than expected; (2) deteriorating credit quality; (3) political

developments, wars or other hostilities may disrupt or increase volatility in securities markets or other economic conditions; (4) changes

in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes, charge-offs and loan

loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7) maintaining

capital requirements may limit Fifth Third’s operations and potential growth; (8) changes and trends in capital markets; (9) problems

encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third; (10) competitive

pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in

accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies;

(13) legislative or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or

the combined company or the businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged,

including the Dodd-Frank Wall Street Reform and Consumer Protection Act; (14) ability to maintain favorable ratings from rating

agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to attract and retain key personnel; (17) ability to receive dividends from

its subsidiaries; (18) potentially dilutive effect of future acquisitions on current shareholders’ ownership of Fifth Third; (19) effects of

accounting or financial results of one or more acquired entities; (20) difficulties from Fifth Third’s investment in, relationship with, and

nature of the 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.

Net income available to common shareholders of $309MM ($0.36 per diluted share), vs. $383MM ($0.43 per share) in

4Q13 and $413MM ($0.46 per share) in 1Q13

Solid operating results in line with our expectations, including

strong expense discipline as we adapt to changing

business environment

Quarterly charge-offs elevated as a result of three larger commercial credits; otherwise portfolio trends unchanged

—

1Q14 net charge-offs of $168MM (0.76% of loans and leases) vs. $148MM (0.67% of loans and leases) in 4Q13

–

1Q14 included $60MM of charge-offs related to three loans

–

4Q13 included $43MM of charge-offs on a restructured loan

—

Total nonperforming assets (NPA) of $949MM including loans held-for-sale, down $37MM, or 4%, from 4Q13;

NPA ratio of 1.05% down 5 bps from 4Q13, nonperforming loans ratio of 0.82% down 2 bps from 4Q13

Strong

capital

ratios

—

Repurchased 8MM common shares in 1Q14; 4Q13 and 1Q14 transactions reduced average diluted share count by

23MM

—

Tier

common

ratio

9.51%

vs.

9.39%

4Q13;

Basel

III

pro

forma

estimate

~9.1%

—

Tier 1 risk-based capital ratio 10.45%, Total risk-based capital ratio 14.02%, Leverage ratio 9.65%

—

Tangible

common

equity

ratio

8.79%

excluding

unrealized

gains/losses;

8.93%

including

them

—

Book

value

per

$16.27;

tangible

book

value

per

$13.40,

from

1Q13

1Q14 in review

Assumes 35% marginal tax rate

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

Significant items in 1Q14 results

$ in MM, except per share data

Net income impact

After tax EPS

impact

Pre-tax

After tax

Valuation adjustment on Vantiv warrant

($36)

($23)

Litigation reserve charges

($51)

($33)

Total

($56)

~($0.07)

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.

Financial summary

Strong balance sheet growth and well-controlled expenses;

Income impacted by change in Vantiv warrant valuation and seasonal trends

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.

Excludes loans held-for-sale

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

Actual

Seq.

YOY

($ in millions)

1Q13

4Q13

1Q14

Average Balances

Total

loans

leases

$85,903

$87,895

$89,530

$1,635

$3,627

Core deposits

$84,920

$89,269

$91,512

$2,243

$6,592

Income Statement Data

Net interest income (taxable equivalent) (NII)

$893

$905

$898

($7)

(1%)

Provision for loan and lease losses

31%

12%

Noninterest income

743

703

564

(139)

(20%)

(179)

(24%)

Noninterest expense

978

989

950

(39)

(4%)

(28)

(3%)

Net income attributable to Bancorp

$422

$402

$318

($84)

(21%)

($104)

(25%)

Net income available to common shareholders

$413

$383

$309

($74)

(20%)

($104)

(25%)

Financial Ratios

Earnings per share, diluted

0.46

0.43

0.36

($0.07)

(16%)

($0.10)

(22%)

Net interest margin

3.42%

3.21%

3.22%

1bp

(20bps)

(6%)

Efficiency ratio

59.8%

61.5%

64.9%

340bps

510bps

Return on average assets

1.41%

1.24%

1.00%

(24bps)

(20%)

(41bps)

(29%)

Return on average common equity

12.5%

10.8%

9.0%

(180bps)

(16%)

(350bps)

(28%)

Return on average tangible common equity

15.4%

13.1%

11.0%

(210bps)

(31%)

(440bps)

(41%)

Balance sheet

•

Average C&I loans up 4% sequentially and 11% from 1Q13

•

Period end CRE loans up 1% sequentially;

second quarter of sequential CRE growth

•

End of period commercial line utilization 30%;

up from 29% in 4Q13

•

Average consumer loans flat sequentially and year-over-

year

•

Lower production reduced average warehoused

residential mortgage loans held-for-sale to $645MM in

1Q14 versus $934MM in 4Q13

•

Core deposit to loan ratio of 102%

–

DDAs flat sequentially and up 7% from 1Q13

–

Consumer average transaction deposits up 2%

sequentially and 3% year-over-year

–

Commercial average transaction deposits up 3%

sequentially and 16% year-over-year

Average loan growth ($B)

Average core deposit growth ($B)

Note: Numbers may not sum due to rounding.

Excludes loans held-for-sale

1Q13

2Q13

3Q13

4Q13

1Q14

Commercial Loans

Consumer Loans

1Q13

2Q13

3Q13

4Q13

1Q14

Demand

IBT/Savings/MMDA

Consumer CD/Core foreign

•

Short-term wholesale borrowings represent <3% of total

funding

Net interest income

NII and NIM (FTE)

•

Net interest income down $7MM from 4Q13

–

Excluding the negative impact of day count, the benefits of higher balances in investment securities and

commercial portfolio loans more than offset the effects of loan repricing, higher deposit balances, and debt

issuances

•

NIM increased 1 bp sequentially due to lower cash balances, day count, and the benefit of the 4Q13 TruPS

redemption partially offset by the effects of loan repricing and

debt issuances

•

Year-over-year NII increased $5MM and NIM decreased 20 bps, driven by higher average loan balances, lower

long-term debt expense, and run-off in higher-priced CDs, offset by the effects of lower asset yields

3.42%

3.33%

3.31%

3.21%

3.22%

$50

$150

$250

$350

$450

$550

$650

$750

$850

$950

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

1Q13

2Q13

3Q13

4Q13

1Q14

Net Interest Income ($MM)

NIM

$893

$885

$898

$905

$898

Yield Analysis

1Q13

4Q13

1Q14

Seq.

(bps)

YoY

(bps)

Commercial and industrial loans

3.90%

3.46%

3.35%

(11)

(55)

Commercial mortgage loans

3.63%

3.53%

3.43%

(10)

(20)

Commercial construction loans

3.21%

3.46%

3.48%

Commercial leases

3.38%

3.10%

3.09%

(1)

(29)

Residential mortgage loans

3.98%

3.88%

3.94%

(4)

Home equity

3.74%

3.62%

3.74%

Automobile loans

3.29%

2.96%

2.86%

(10)

(43)

Credit card

9.67%

9.90%

Other consumer loans and leases

46.77%

43.19%

39.93%

(326)

(684)

Total loans and leases

4.04%

3.79%

3.72%

(7)

(32)

Taxable securities

2.98%

3.32%

3.33%

Tax exempt securities

5.44%

5.65%

5.51%

(14)

Other short-term investments

0.26%

Total interest-earning assets

3.84%

3.57%

3.58%

(26)

Total interest-bearing liabilities

0.59%

0.52%

0.51%

(1)

(8)

Net interest spread

3.25%

3.05%

3.07%

(18)

Noninterest income

Note: Numbers may not sum due to rounding.

Net credit-related costs recognized in other noninterest income were $10MM of losses on OREO in 1Q14. This compares with net credit-related costs of $5MM in 4Q13 and $10MM in

1Q13.

Actual

Seq.

YOY

1Q13

4Q13

1Q14

($ in millions)

Service charges on deposits

$131

$142

$133

($9)

(7%)

Corporate banking revenue

104

11%

Mortgage banking net revenue

220

126

109

(17)

(13%)

(111)

(50%)

Investment advisory revenue

100

102

Card and processing revenue

(3)

(4%)

Other noninterest income

109

170

(129)

(76%)

(68)

(63%)

Securities gains, net

(10)

(60%)

Securities gains (losses), net -

(2)

(100%)

non-qualifying hedges on MSRs

Total noninterest income

$743

$703

$564

($139)

(20%)

($179)

(24%)

•

1Q14 fee income reflected sequential growth in corporate banking

revenue and investment advisory revenue,

offset by lower mortgage banking net revenue and seasonally lower service charges on deposits and card and

processing revenue.

•

1Q14 other noninterest income included a $36MM negative valuation adjustment on the Vantiv warrant and a $1MM

positive valuation on the Visa total return swap.

–

4Q13 other noninterest income included $82MM of net gains on significant items, listed on page 9.

•

Year-over-year growth in service charges on deposits due to deeper customer relationships across consumer and

commercial platforms

Noninterest expense

•

1Q14 results reflected disciplined expense management with lower

compensation-related expense and benefits

expense, despite a $24MM seasonal increase in FICA and unemployment tax expense

1Q14 noninterest expense included $51MM in litigation reserve charges and $4MM in severance expense.

Results also included provision for mortgage repurchases of $3MM

Note: Numbers may not sum due to rounding.

Actual

Seq.

YOY

1Q13

4Q13

1Q14

($ in millions)

Salaries, wages and incentives

$399

$388

$359

($29)

(7%)

($40)

(10%)

Employee benefits

114

101

30%

(13)

(11%)

Net occupancy expense

Technology and communications

Equipment expense

Card and processing expense

(6)

(15%)

Other noninterest expense

278

327

296

(31)

(10%)

Total noninterest expense

$978

$989

$950

($39)

(4%)

($28)

(3%)

•

4Q13

results

included

$69MM

charges

increase

litigation

reserves,

$8MM

debt

extinguishment

costs

related to TruPS, $8MM contribution to the Fifth Third Foundation, and $8MM in severance expense. Results

also included a $26MM benefit to the mortgage repurchase provision

•

Sequential and year-over-year improvement in employee-related costs largely driven by reductions in

mortgage and retail staffing

Pre-tax pre-provision earnings

PPNR trend

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

Prior quarters include similar adjustments.

There

are

limitations

the

usefulness

credit-adjusted

PPNR,

including

the

significant

degree

which

changes

credit

and

fair

value

are

integral,

recurring

components

the

Bancorp’s

core

operations

financial

institution.

This

measure

has

been

included

herein

facilitate

greater

understanding

the

Bancorp’s

financial

condition.

Note: 1Q14, 2Q13, and 1Q13 included the impact of $3MM,

$20MM, and $22MMM, respectively in mortgage repurchase provision. 4Q13 and 3Q13 also included benefits to the mortgage

repurchase

provision

$28MM

and

$4MM,

respectively.

These

impacts

are

reflected

“Credit-related

items

”

and

“

Adjusted

Efficiency

Ratio

”

listed

above.

PPNR declined 17% sequentially, reflecting

impact of $83MM and $9MM in net detriments to

1Q14 and 4Q13, respectively. Excluding those

items, adjusted PPNR declined 5% from 4Q13,

driven by seasonal increase in FICA and

unemployment tax expense and lower mortgage

banking net revenue.

PPNR reconciliation

Efficiency ratio

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

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

$591

$841

$604

$561

$438

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

PPNR (a) + (b)

$653

$905

$655

$614

$507

Adjustments to remove (benefit) / detriment²:

In noninterest income:

Gain from sales of Vantiv shares

(242)

(85)

Vantiv warrant valuation

(34)

(76)

(6)

(91)

Other Vantiv-related income

(9)

Valuation of 2009 Visa total return swap

(1)

Sale of certain Fifth Third funds

(7)

BOLI settlement

(10)

Securities (gains) / losses

(17)

(2)

(7)

In noninterest expense:

Debt extinguishment (gains) / losses

Severance expense

Large bank assessment fees

Gain on sale of affordable housing investments

(9)

(2)

(1)

Donation to Fifth Third Foundation

Litigation reserve charges

Adjusted PPNR

$608

$632

$603

$623

$590

Credit-related items:

In noninterest income

In noninterest expense

(12)

Credit-adjusted PPNR³

$642

$673

$624

$616

$609

$608

$632

$603

$623

$590

$100

$200

$300

$400

$500

$600

$700

1Q13

2Q13

3Q13

4Q13

1Q14

Adjusted PPNR

PPNR $653 $905 $655 $614 $507

60%

53%

59%

62%

65%

60%

61%

60%

1Q13

2Q13

3Q13

4Q13

1Q14

Efficiency Ratio

Adjusted Efficiency Ratio

Credit quality overview

Net charge-offs ($MM)

4Q13 and 1Q14 net charge-offs elevated;

broader portfolio still at low levels

NCO ratio

0.63%

0.51%

0.49%

0.67%

0.76%

HFI Nonperforming assets ($MM)

$1,210

$1,150

$1,014

$946

$980

NPAs down 22% from 1Q13;

lowest level since 2007

Reserve Coverage

Accruing Past Due ($MM)

$470

$410

$414

$337

$379

Includes 1Q14 provision expense of $69MM;

reserve coverage levels remain among best-in-class.

Total delinquencies declined 28% from 1Q13;

remain at very low levels

NPA ratio 1.41% 1.32% 1.16% 1.10% 1.05%

105

$25

$50

$75

$100

$125

$150

$175

1Q13

2Q13

3Q13

4Q13

1Q14

828

794

680

607

595

382

356

334

373

351

$250

$500

$750

$1,000

$1,250

1Q13

2Q13

3Q13

4Q13

1Q14

Commercial

Consumer

$500

$1,000

$1,500

$2,000

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

1Q13

2Q13

3Q13

4Q13

1Q14

Allowance for Loan & Lease Losses (ALLL) ($MM)

ALLL / Loans and Leases

306

258

276

243

164

152

156

103

$50

$100

$150

$200

$250

$300

$350

$400

$450

$500

1Q13

2Q13

3Q13

4Q13

1Q14

30-89 Days Past Due

90+ Days Past Due

Commercial

Consumer

$1,783

$1,735

$1,677

$1,582

$1,483

2.08%

1.99%

1.92%

1.79%

1.65%

NPL rollforward

Note: Numbers may not sum due to rounding.

NPL HFI Rollforward

Commercial

1Q13

2Q13

3Q13

4Q13

1Q14

697

639

623

521

458

Transfers to nonperforming

151

107

164

Transfers to performing

(1)

(6)

(1)

(2)

Transfers to performing (restructured)

(4)

(7)

(2)

(1)

Transfers from held for sale

Transfers to held for sale

(1)

(2)

Loans sold from portfolio

(3)

(2)

(14)

(19)

(2)

Loan paydowns/payoffs

(53)

(80)

(101)

(61)

(43)

Transfers to other real estate owned

(27)

(28)

(14)

(12)

(7)

Charge-offs

(54)

(45)

(44)

(78)

(105)

Draws/other extensions of credit

639

623

521

458

464

Consumer

1Q13

2Q13

3Q13

4Q13

1Q14

332

314

286

248

293

Transfers to nonperforming

124

116

165

Transfers to performing

(26)

(31)

(30)

(25)

(28)

Transfers to performing (restructured)

(29)

(28)

(24)

(22)

Transfers to held for sale

Loans sold from portfolio

Loan paydowns/payoffs

(27)

(33)

(39)

(24)

(29)

Transfers to OREO/other repossessed property

(17)

(21)

(28)

(20)

(24)

Charge-offs

(46)

(30)

(13)

(30)

(15)

Draws/other extensions of credit

(1)

312

286

248

293

269

Total NPL

951

909

769

751

733

Total

new

nonaccrual

loans

HFI

204

267

166

272

257

Beginning NPL amount

Ending Commercial NPL

Beginning NPL amount

Ending Consumer NPL

Strong capital position

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

Tier

common

equity

Avg. Diluted Shares Outstanding (MM)

and Tangible Book Value per share

•

2014 CCAR plan not objected to by Federal Reserve Board

•

Included the following potential actions for the period 2Q14-

1Q15, subject to Board approval and other factors:

Basel III

Est.

9.0%²

Basel III

Est.

9.1%²

EOP share impact

(MM)

Average share impact

(MM)

4Q13

1Q14

4Q13

1Q14

2Q14

$539MM ASR

4.3

$200MM ASR

8.5

1.1

4.1

4.8

0.8

$456MM ASR

19.1

2.3

3.9

15.3

2.1

$99MM ASR

4.6

2.8

1.8

31.9

8.0

12.3

22.9

4.7

2014 CCAR Plan

Impact of Share Repurchases

Basel III

Est.

9.5%²

9.7%

9.4%

9.9%

9.4%

9.5%

10%

1Q13

2Q13

3Q13

4Q13

1Q14

913

901

888

878

858

$12.62

$12.69

$13.09

$13.00

$13.40

650

700

750

800

850

900

$11.00

$11.50

$12.00

$12.50

$13.00

$13.50

$14.00

1Q13

2Q13

3Q13

4Q13

1Q14

Common Shares O/S

TBV per share

–

The potential increase in the quarterly common stock

dividend to $0.13 per share

–

The potential repurchase of common shares in an amount

up to $669MM

–

The additional ability to repurchase shares in the amount

of any after-tax gains from the sale of Vantiv, Inc. stock, if

realized

•

2014 CCAR plan designed to maintain regulatory common

equity capital ratios generally at current levels

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.

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

1,2

ROA

Effective tax rate

1,2

Asset Quality:

Net charge-offs

Loan

loss

allowance

Nonperforming

assets

Tier

common

equity

3,6

Category

Fifth Third: Outlook

2014 Outlook

$87.0B

$82.9B

2013 results exclude a net $534MM benefit from gains on Vantiv share issuance and Vantiv warrants. 2014 outlook does not include potential but currently unforecasted items, such as any

potential additional Vantiv gains or losses, future capital actions, or changes in regulatory or accounting guidance.

Presented on a fully-taxable equivalent basis.

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

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 generally stable common equity levels managed through asset growth and share repurchases.

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

2013-Adjusted

Outlook as of April 17, 2014;

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

Mid single digit growth

Down

~$40MM

(~0.50%

)

Lower vs. 4Q13

Down ~15% vs. 4Q13

$3.58B

3.32% (3.21% 4Q13)

$2.70B

$3.95B

$2.31B

~1.2%

~28.4%

9.39%

$501MM

(0.58%

)

$1.6B (1.79%)

$980MM (1.10%)

~Consistent with 4Q13

Modest growth

~3.15% +/-

Down mid-to-high single digits

(up mid-single digits ex-mortgage)

Down mid-single digits

Up low-single digits

~1.15%

~27.0-27.5%

Appendix

Mortgage banking results

•

1Q14 mortgage components:

•

Expect continued stronger mortgage servicing results due to higher rates

•

Emphasis on purchase business continues to impact volumes

–

52% purchase volume in 1Q14 vs. 51% 4Q13

Mortgage

originations

($B)

and

gain-on-sale

margin

Mortgage Banking Net Revenue ($MM)

Note: Numbers may not sum due to rounding.

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

$233

$109

$220

$121

$126

169

150

(53)

(51)

(39)

(23)

(22)

1Q13

2Q13

3Q13

4Q13

1Q14

Orig fees and gains on loan sales

Gross servicing fees

Servicing rights amortization

MSR valuation adjustments

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

1Q13

2Q13

3Q13

1Q14

Originations for sale

Originations HFI

Margin

–

MSR valuation adjustments of positive $28 million

–

Partially offset by lower gain on sale revenue and gain on sale margin

4Q13

Available and contingent borrowing capacity

(1Q14):

–

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

–

Federal Reserve ~$29B

Holding Company cash at 3/31/14: $2.4B

Cash currently sufficient to satisfy all fixed

obligations in a stressed environment for over

21 months (debt maturities, common and

preferred dividends, interest and other

expenses) without accessing capital markets;

relying on dividends from subsidiaries or any

other discretionary actions

Holding company unsecured debt maturities ($MM)

Bank unsecured debt maturities ($MM –

excl. Brokered CDs)

Heavily core funded

Strong liquidity profile

S-T

wholesale

$415

$500

$2,450

$600

2014

2015

2016

2017

2018

2019

2020 On

Demand

24%

Interest

checking

20%

Savings/

MMDA

23%

Consumer

time

Foreign

Office

Non-Core

S-T

borrowings

Other

liabilities

Equity

11%

L-T debt

$1,250

$500

2,312

2014

2015

2016

2017

2018

2019

2020 on

Fifth Third Bancorp

Fifth Third Capital Trust (Bancorp)

Deposits

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 $126MM were nonaccruals

—

$1.3B of TDRs are current and have been on the

books 6 or more months; within that, ~$1.2B 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 3Q13

Mortgage

TDRs

that

are

past

due

days

trend

vintage

$1.4B

current consumer TDRs (%)

$1.3

billion

11%

64%

< 6 months

6-12 months

12-18 months

18-24 months

24+ months

10%

15%

20%

25%

30%

35%

Months Since Modification

2008

2009

2010

2011

2012

2013

21%

35%

17%

12%

10%

2008

2009

2010

2011

2012

2013

Mortgage TDR Volume by Vintage

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

Commercial & industrial

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial & industrial loans represented 45% of total loans

and 58% of net charge-offs

1Q14 NCOs included $60MM of charge-offs on three large

credits; 4Q13 included $43MM of charge-offs on a

restructured credit

•

Leveraged loans of $4.8B in 1Q14, consistent with 4Q13 and

1Q13 (regulatory definitions regarding purpose, senior debt/

EBITDA >3x, total debt/EBITDA >4x)

* Excludes loans held-for-sale.

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$36,757

$37,856

$38,253

$39,316

$40,591

Avg Loans*

$36,395

$37,630

$38,133

$38,835

$40,377

90+ days delinquent

as % of loans

0.01%

NPAs*

$332

$361

$321

$290

$304

as % of loans

0.90%

0.95%

0.84%

0.74%

0.75%

Net charge-offs

$25

$33

$44

$66

$97

as % of loans

0.28%

0.35%

0.46%

0.67%

0.97%

C&I

14%

12%

Accommodation

Auto

Manufacturing

Construction

Finance &

Insurance

14%

Manufacturing

22%

Real Estate

Retail Trade

Auto Retailers

Wholesale

Trade

10%

Other

38%

Other /

National

42%

Commercial mortgage

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial mortgage loans represented 9% of total loans and 2% of

net charge-offs

•

Owner occupied 1Q14 NCO ratio of 0.2%, non-owner occupied 1Q14

NCO ratio of 0.1%

•

Loans from FL/MI represented 36% of portfolio loans and 36% of

portfolio losses in 1Q14

* Excludes loans held-for-sale.

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$8,766

$8,443

$8,052

$8,066

$7,958

Avg Loans*

$8,965

$8,618

$8,273

$8,047

$7,981

90+ days delinquent

as % of loans

NPAs*

$409

$355

$296

$252

$240

as % of loans

4.59%

4.15%

3.62%

3.09%

2.98%

Net charge-offs

$26

$10

as % of loans

1.18%

0.50%

0.14%

0.40%

0.16%

Commercial mortgage

Accommodation

Auto

Manufacturing

<1%

Construction

Finance &

Insurance

Manufacturing

Real Estate

38%

Retail Trade

Auto Retailers

Wholesale

Trade

Other

27%

23%

26%

10%

Other /

National

12%

14%

Commercial construction

Loans by geography

Credit trends

Loans by industry

Comments

•

Commercial construction loans represented 1% of total loans

and 3% of net charge-offs

•

Loans from FL/MI represented 18% of portfolio loans

* Excludes loans held-for-sale.

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$694

$754

$875

$1,039

$1,218

Avg Loans*

$695

$713

$793

$952

$1,116

90+ days delinquent

as % of loans

NPAs*

$78

$69

$62

$59

$46

as % of loans

11.12%

8.88%

6.86%

5.53%

3.68%

Net charge-offs

($2)

as % of loans

1.44%

(0.04%)

(1.16%)

1.65%

1.66%

Commercial construction

19%

Other /

National

34%

Accommodation

Construction

12%

Finance &

insurance

Manufacturing

Real estate

66%

Retail Trade

Auto

Retailers

Wholesale

Trade

Other

12%

13%

Residential mortgage

liens: 100%; weighted average LTV: 72.8%

Weighted average origination FICO: 753

Origination FICO distribution: <660 6%; 660-689 5%; 690-719 9%;

720-749 14%; 750+ 57%; Other^ 9%

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

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

90.1-95 5%; >95 14%

Vintage distribution: 2014: 2%, 2013: 23%; 2012 23%; 2011 14%;

2010 8%; 2009 4%; 2008 4%; 2007 4%; 2006 4%; 2005 7%; 2004

and prior 7%

15% originated through 3

party; 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%

total

loans

and

net

charge-offs

•

portfolio

13%

residential

mortgage

loans

and

16%

portfolio

losses;

portfolio

15%

residential

mortgage

loans

and

portfolio

losses

15%

25%

13%

Other /

National

13%

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$12,091

$12,400

$12,534

$12,680

$12,626

Avg Loans*

$12,096

$12,260

$12,486

$12,609

$12,659

90+ days delinquent

$74

$71

$73

$66

$56

as % of loans

0.61%

0.57%

0.58%

0.52%

0.44%

NPAs*

$275

$255

$229

$223

$201

as % of loans

2.27%

2.06%

1.83%

1.76%

1.59%

Net charge-offs

$20

$15

$12

$13

$15

as % of loans

0.69%

0.48%

0.39%

0.49%

Residential mortgage

Approximately 13% of portfolio in broker product generated 33% total

loss

Approximately one third

of Fifth Third 2

liens are behind Fifth Third

liens

2005/2006 vintages represent approximately 25% of portfolio; account

for 44% of losses

Home equity

liens: 34%; 2nd liens: 66%

Weighted average origination FICO: 752

Origination FICO distribution^: <660 3%; 660-689 7%; 690-719 12%;

720-749 16%; 750+ 53%; Other 9%

Average CLTV: 73%; Origination CLTV distribution: <=70 41%; 70.1-

80 23%; 80.1-90 18%; 90.1-95 6%; >95 12%

Vintage distribution: 2014: 2%, 2013: 7%; 2012 4%; 2011 3%; 2010

3%; 2009 3%; 2008 9%; 2007 9%; 2006 13%; 2005 12%; 2004 and

prior 35%

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

WA CLTV: 88% brokered; 70% direct

Portfolio details

Comments

Brokered loans by geography

Direct loans by geography

Credit trends

Note: Brokered and direct home equity net charge-off ratios are calculated based on end of period loan balances

^ Includes acquired loans where FICO at origination is not available

* Excludes loans held-for-sale

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$1,321

$1,275

$1,231

$1,190

$1,155

90+ days delinquent

$13

$11

as % of loans

1.02%

0.89%

0.88%

Net charge-offs

$10

as % of loans

3.08%

2.30%

1.91%

2.81%

1.85%

Home equity - brokered

($ in millions)

1Q13

2Q13

3Q13

4Q13

1Q14

EOP Balance*

$8,406

$8,256

$8,125

$8,056

$7,970

90+ days delinquent

$40

$37

$35

as % of loans

0.47%

0.44%

0.43%

Net charge-offs

$20

$16

$13

$18

$11

as % of loans

0.93%

0.76%

0.64%

0.87%

0.55%

Home equity - direct

22%

25%

10%

13%

Other

17%

19%

36%

13%

Other

–

4Q13 included $6 million of additional charge-offs and $46 million

of additional NPAs due to a change in policy on home equity

nonaccruals

Home equity loans represented 10% of total loans and 10% of net

charge-offs

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

March

December

September

June

March

2014

2013

Income before income taxes (U.S. GAAP)

$438

$561

$604

$841

$591

Add:

Provision expense (U.S. GAAP)

Pre-provision net revenue (a)

507

614

655

905

653

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

309

383

421

582

413

Add:

Intangible amortization, net of tax

Tangible net income available to common shareholders

310

384

422

583

414

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

1,257

1,523

1,674

2,338

1,679

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

14,862

14,757

14,440

14,221

13,779

Less:

Average preferred stock

(1,034)

(703)

(593)

(717)

(398)

Average goodwill

(2,416)

Average intangible assets

(19)

(20)

(22)

(24)

(26)

Average tangible common equity (c)

11,393

11,618

11,409

11,064

10,939

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

14,826

14,589

14,641

14,239

13,882

Less:

Preferred stock

(1,034)

(593)

(991)

(398)

Goodwill

(2,416)

Intangible assets

(18)

(19)

(21)

(23)

(25)

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

11,358

11,120

11,611

10,809

11,043

Less: Accumulated other comprehensive income

(196)

(82)

(218)

(149)

(333)

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

11,162

11,038

11,393

10,660

10,710

Total assets (U.S. GAAP)

129,654

130,443

125,673

123,360

121,382

Less:

Goodwill

(2,416)

Intangible assets

(18)

(19)

(21)

(23)

(25)

Tangible assets, including unrealized gains / losses (f)

127,220

128,008

123,236

120,921

118,941

Less: Accumulated other comprehensive income / loss, before tax

(302)

(126)

(335)

(229)

(512)

Tangible assets, excluding unrealized gains / losses (g)

126,918

127,882

122,901

120,692

118,429

Common shares outstanding (h)

848

855

887

851

875

Ratios:

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

11.0%

13.1%

14.7%

21.1%

15.4%

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

8.79%

8.63%

9.27%

8.83%

9.03%

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

8.93%

8.69%

9.42%

8.94%

9.28%

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

13.40

13.00

13.09

12.69

12.62

For the Three Months Ended

Regulation G Non-GAAP reconciliation

Fifth Third Bancorp and Subsidiaries

Regulation G Non-GAAP Reconcilation

$ and shares in millions

(unaudited)

March

December

September

June

March

2014

2013

2012

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

$14,826

$14,589

$14,641

$14,239

$13,882

Goodwill and certain other intangibles

(2,490)

(2,492)

(2,496)

(2,504)

Unrealized gains

(196)

(82)

(219)

(149)

(333)

Qualifying trust preferred securities

810

Other

(18)

Tier I capital

12,182

12,094

12,762

12,426

11,878

Less:

Preferred stock

(1,034)

(593)

(991)

(398)

Qualifying trust preferred securities

(60)

(810)

Qualifying noncontrolling interest in consolidated subsidiaries

(1)

(37)

(39)

(38)

Tier I common equity (a)

11,087

10,963

11,320

10,587

10,632

Risk-weighted assets, determined in accordance with

prescribed regulatory requirements (b)

116,622

116,736

114,544

112,285

109,626

Ratio:

Tier I common equity (a) / (b)

9.51%

9.39%

9.88%

9.43%

9.70%

Basel III -

Estimated Tier 1 common equity ratio

March

December

September

2014

2013

Tier 1 common equity (Basel I)

$11,087

$10,963

$11,320

Add:

Adjustment related to capital components

$99

$82

$88

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

$11,186

$11,045

$11,408

Add:

Adjustment related to AOCI

$196

$82

$218

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

$11,382

$11,127

$11,626

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

122,659

122,851

120,447

Estimated

Tier

common

equity

ratio

under

final

Basel

III

rules

(opt

out)

(c)

(e)

9.12%

8.99%

9.47%

Estimated

Tier

common

equity

ratio

under

final

Basel

III

rules

(non

opt

out)

(d)

(e)

9.28%

9.06%

9.65%

(c), (d)

(e)

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 adjustme

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

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

securitizations, 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 threshold

a percent of Tier 1 capital; and (4) Derivatives are differentiated between exchange clearing and over-the-counter and the 50% risk-weight cap is removed.

For the Three Months Ended