EX-12.2 4 d134780dex122.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,
2015
    Six Months
Ended
June 30,
2015
 

Excluding Interest on Deposits:

    

Fixed Charges:

    

Interest Expense (excluding interest on deposits)

   $ 70     $ 143  

One-Third of Rents, Net of Income from Subleases

     9       16  

Preferred Stock Dividends

     23       38  
  

 

 

   

 

 

 

Total Fixed Charges

   $ 102     $ 197  
  

 

 

   

 

 

 

Earnings:

    

Income Before Income Taxes

   $ 417     $ 902  

Fixed Charges, Excluding Preferred Stock Dividends

     79       159  
  

 

 

   

 

 

 

Total Earnings

   $ 496     $ 1,061  
  

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits

     4.86     5.39
  

 

 

   

 

 

 

Including Interest on Deposits:

    

Fixed Charges:

    

Interest Expense

   $ 116     $ 239  

One-Third of Rents, Net of Income from Subleases

     9       16  

Preferred Stock Dividends

     23       38  
  

 

 

   

 

 

 

Total Fixed Charges

   $ 148     $ 293  
  

 

 

   

 

 

 

Earnings:

    

Income Before Income Taxes

   $ 417     $ 902  

Fixed Charges, Excluding Preferred Stock Dividends

     125       255  
  

 

 

   

 

 

 

Total Earnings

   $ 542     $ 1,157  
  

 

 

   

 

 

 

Ratio of Earnings to Fixed Charges, Including Interest on Deposits

     3.66     3.95