EX-12.2 4 d714251dex122.htm EX-12.2 EX-12.2

Exhibit 12.2

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Combined Fixed Charges

and Preferred Stock Dividend Requirements

($ In Millions)

 

     Three Months
Ended
March 31,
2014
 

Excluding Interest on Deposits:

  

Fixed Charges:

  

Interest Expense (excluding interest on deposits)

   $ 52  

One-Third of Rents, Net of Income from Subleases

     7  

Preferred Stock Dividends

     9  
  

 

 

 

Total Fixed Charges

   $ 68  
  

 

 

 

Earnings:

  

Income Before Income Taxes

   $ 438  

Fixed Charges—Excluding Preferred Stock Dividends

     59  
  

 

 

 

Total Earnings

   $ 497  
  

 

 

 

Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits

     7.31 x
  

 

 

 

Including Interest on Deposits:

  

Fixed Charges:

  

Interest Expense

   $ 100  

One-Third of Rents, Net of Income from Subleases

     7  

Preferred Stock Dividends

     9  
  

 

 

 

Total Fixed Charges

   $ 116  
  

 

 

 

Earnings:

  

Income Before Income Taxes

   $ 438  

Fixed Charges—Excluding Preferred Stock Dividends

     107  
  

 

 

 

Total Earnings

   $ 545  
  

 

 

 

Ratio of Earnings to Fixed Charges, Including Interest On Deposits

     4.70