Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

		Years Ended December 31,
		2014		2013		2012		2011		2010
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$		249		210		296		309		293
One-Third of Rents, Net of Income from Subleases			29		28		28		27		26
Total Fixed Charges	$		278		238		324		336		319
Earnings:
Income Before Income Taxes	$		2,028		2,598		2,210		1,831		940
Fixed Charges			278		238		324		336		319
Total Earnings	$		2,306		2,836		2,534		2,167		1,259
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits			8.29x		11.92x		7.82x		6.45x		3.94x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$		451		412		512		661		885
One-Third of Rents, Net of Income from Subleases			29		28		28		27		26
Total Fixed Charges	$		480		440		540		688		911
Earnings:
Income Before Income Taxes	$		2,028		2,598		2,210		1,831		940
Fixed Charges			480		440		540		688		911
Total Earnings	$		2,508		3,038		2,750		2,519		1,851
Ratio of Earnings to Fixed Charges, Including Interest On Deposits			5.23x		6.90x		5.09x		3.66x		2.03x