Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended March  31, 2015
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	73
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	80
Earnings:
Income Before Income Taxes	$	485
Fixed Charges		80
Total Earnings	$	565
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		7.06	x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	123
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	130
Earnings:
Income Before Income Taxes	$	485
Fixed Charges		130
Total Earnings	$	615
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		4.73	x