Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended March 31, 2016
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	86
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	93
Earnings:
Income Before Income Taxes	$	435
Fixed Charges		93
Total Earnings	$	528
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		5.68x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	135
One-Third of Rents, Net of Income from Subleases		7
Total Fixed Charges	$	142
Earnings:
Income Before Income Taxes	$	435
Fixed Charges		142
Total Earnings	$	577
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		4.06x