Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

	Three Months Ended June 30, 2014			Six Months Ended June 30, 2014
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	59		$	112
One-Third of Rents, Net of Income from Subleases		7			14
Total Fixed Charges	$	66		$	126
Earnings:
Income Before Income Taxes	$	606		$	1,044
Fixed Charges		66			126
Total Earnings	$	672		$	1,170
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits		10.18	x		9.29	x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	108		$	208
One-Third of Rents, Net of Income from Subleases		7			14
Total Fixed Charges	$	115		$	222
Earnings:
Income Before Income Taxes	$	606		$	1,044
Fixed Charges		115			222
Total Earnings	$	721		$	1,266
Ratio of Earnings to Fixed Charges, Including Interest On Deposits		6.27	x		5.70	x