EX-12.2 5 d772093dex122.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
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  

Preferred Stock Dividends

     23       32  
  

 

 

   

 

 

 

Total Fixed Charges

   $ 89     $ 158  
  

 

 

   

 

 

 

Earnings:

    

Income Before Income Taxes

   $ 606     $ 1,044  

Fixed Charges—Excluding Preferred Stock Dividends

     66       126  
  

 

 

   

 

 

 

Total Earnings

   $ 672     $ 1,170  
  

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits

     7.55 x     7.41 x
  

 

 

   

 

 

 

Including Interest on Deposits:

    

Fixed Charges:

    

Interest Expense

   $ 108     $ 208  

One-Third of Rents, Net of Income from Subleases

     7       14  

Preferred Stock Dividends

     23       32  
  

 

 

   

 

 

 

Total Fixed Charges

   $ 138     $ 254  
  

 

 

   

 

 

 

Earnings:

    

Income Before Income Taxes

   $ 606     $ 1,044  

Fixed Charges—Excluding Preferred Stock Dividends

     115       222  
  

 

 

   

 

 

 

Total Earnings

   $ 721     $ 1,266  
  

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges, Including Interest On Deposits

     5.22     4.98 x