EX-99.2

3Q16 Earnings Presentation

October 20, 2016

Refer to earnings release dated October 20, 2016 for further information.

Exhibit 99.2

Cautionary statement

This presentation should be viewed in conjunction with the webcast presentation of our third quarter earnings call on October 20, 2016 and Form 8-K filed

on October 20, 2016. This release contains statements that we believe are “forward-looking statements” within the meaning of Section 27A of the

Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and

Rule 3b-6 promulgated thereunder. These statements relate to our financial condition, results of operations, plans, objectives, future performance or

business. They usually can be identified by the use of forward-looking language such as “will likely result,” “may,” “are expected to,” “anticipates,”

“potential,” “estimate,” “forecast,” “projected,” “intends to,” or may include other similar words or phrases such as “believes,” “plans,” “trend,” “objective,”

“continue,” “remain,” or similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” or similar verbs. You

should not place undue reliance on these statements, as they are subject to risks and uncertainties, including but not limited to the risk factors set forth in

our most recent Annual Report on Form 10-K as updated from time to time by our Quarterly Reports on Form 10-Q. When considering these forward-

looking statements, you should keep in mind these risks and uncertainties, as well as any cautionary statements we may make. Moreover, you should

treat these statements as speaking only as of the date they are made and based only on information then actually known to us. There is a risk that

additional information may become known during the company’s quarterly closing process or as a result of subsequent events that could affect the

accuracy of the statements and financial information contained herein.

There are a number of important factors that could cause future results to differ materially from historical performance and these forward-looking

statements. Factors that might cause such a difference include, but are not limited to: (1) general economic or real estate market conditions, either

nationally or in the states in which Fifth Third, one or more acquired entities and/or the combined company do business, weaken or are less favorable than

expected; (2) deteriorating credit quality; (3) political developments, wars or other hostilities may disrupt or increase volatility in securities markets or other

economic conditions; (4) changes in the interest rate environment reduce interest margins; (5) prepayment speeds, loan origination and sale volumes,

charge-offs and loan loss provisions; (6) Fifth Third’s ability to maintain required capital levels and adequate sources of funding and liquidity; (7)

maintaining capital requirements and adequate sources of funding and liquidity may limit Fifth Third’s operations and potential growth; (8) changes and

trends in capital markets; (9) problems encountered by larger or similar financial institutions may adversely affect the banking industry and/or Fifth Third;

(10) competitive pressures among depository institutions increase significantly; (11) effects of critical accounting policies and judgments; (12) changes in

accounting policies or procedures as may be required by the Financial Accounting Standards Board (FASB) or other regulatory agencies; (13) legislative

or regulatory changes or actions, or significant litigation, adversely affect Fifth Third, one or more acquired entities and/or the combined company or the

businesses in which Fifth Third, one or more acquired entities and/or the combined company are engaged, including the Dodd-Frank Wall Street Reform

and Consumer Protection Act; (14) ability to maintain favorable ratings from rating agencies; (15) fluctuation of Fifth Third’s stock price; (16) ability to

attract and retain key personnel; (17) ability to receive dividends from its subsidiaries; (18) potentially dilutive effect of future acquisitions on current

shareholders’ ownership of Fifth Third; (19) effects of accounting or financial results of one or more acquired entities; (20) difficulties from Fifth Third’s

investment in, relationship with, and nature of the operations of Vantiv, LLC; (21) loss of income from any sale or potential sale of businesses; (22)

difficulties in separating the operations of any branches or other assets divested; (23) losses or adverse impacts on the carrying values of branches and

long-lived assets in connection with their sales or anticipated sales; (24) inability to achieve expected benefits from branch consolidations and planned

sales within desired timeframes, if at all; (25) ability to secure confidential information and deliver products and services through the use of computer

systems and telecommunications networks; and (26) the impact of reputational risk created by these developments on such matters as business

generation and retention, funding and liquidity.

You should refer to our periodic and current reports filed with the Securities and Exchange Commission, or “SEC,” for further information on other factors,

which could cause actual results to be significantly different from those expressed or implied by these forward-looking statements.

In this presentation, we may sometimes provide non-GAAP financial information. Please note that although non-GAAP financial measures provide useful

insight to analysts, investors and regulators, they should not be considered in isolation or relied upon as a substitute for analysis using GAAP measures.

We provide GAAP reconciliations for non-GAAP measures in a later slide in this presentation as well as in our earnings release, both of which are

available in the investor relations section of our website, www.53.com.

•

NII increased $5MM sequentially while NIM

remained

stable

2.88%

•

Reported noninterest income up 40% sequentially

primarily driven by Vantiv

TRA-related items

•

Stable underlying fee revenue

•

Adjusted

: down 1% sequentially primarily due to the

change in MSR valuation adjustments

•

Tightly controlled operating expenses

•

Reported noninterest expenses down $10 million

sequentially

•

Adjusted

expenses down 1% sequentially

•

Strategic investments on-track

•

Overall credit conditions benign and in-line with

expectations

Third Quarter 2016

Highlights

Earnings Per

Reported $0.65

Included $0.22 net positive impact

from certain items

Net Income to

Common

$501 million

LCR

115%

Non-GAAP measure: see Reg G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

See page 4 of this presentation for impact of certain items

3Q16 in review

Excludes loans held-for-sale

Non-GAAP measure: see Reg G reconciliation on pages 22 and 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

Significant pre-tax items in 3Q16 results

($0.22 net positive after-tax EPS impact):

—

$280MM pre-tax (~$182MM after-tax) gain

from the termination and settlement of gross

cash flows from Vantiv TRA

—

$28MM pre-tax (~$18MM after-tax) non-cash

impairment charge related to previously

announced changes to the branch network

—

$12MM pre-tax (~$8MM after-tax) charge

related to the Visa total return swap

—

$11MM pre-tax (~$7MM after-tax) gain on the

sale of a non-branch facility

—

$9MM pre-tax (~$6MM after-tax) charge from

the transfer of certain nonconforming

investments affected by the Volcker Rule to

held-for-sale

—

$8MM beneficial tax impact in connection

with certain commercial lease terminations

Core businesses showed solid results given

challenging market conditions

—

Mortgage origination volumes up 7% QoQ

Credit trends

—

NCO ratio of 45 bps; up 8

bps sequentially

—

NPA ratio of 73 bps; down 13 bps

sequentially

$93.4

$93.6

$93.3

$93.9

$93.5

3Q15

4Q15

1Q16

2Q16

3Q16

Balance sheet

HFI Loan balances ($B)

•

Average commercial loans down 1%

sequentially; up 1% year-over-year

–

C&I down 2%, CRE up 3%

sequentially

–

C&I flat, CRE up 7% YoY

•

Average consumer loans flat

sequentially; down 2% year-over-year

–

Automobile loans decreased 3%

sequentially and 12% YoY

$94.7

$95.7

$94.7

$94.9

95%

94%

95%

80%

85%

90%

95%

100%

100

3Q15

4Q15

1Q16

2Q16

•

Average transaction deposits were flat

sequentially, driven by lower savings &

interest checking, partially offset by higher

money market account balances

–

Excl. Pennsylvania and St. Louis

deposits sold, core deposits were flat

sequentially and up 1% YoY

•

Average loan to core deposit ratio of 95%

•

LCR of 115% at 3Q16

Core and transaction deposits flat YoY

Average core deposit balances ($B)

$98.9

$98.7

Average securities and short-term

investments ($B)

•

Average securities up $1.5B year-over-

year driven by:

–

LCR requirement additions

–

Positioning to maintain steady and

cautious interest rate risk strategy

•

Average securities portfolio / total

assets of 20.9% compared to 20.1% in

3Q15

$31.6

$32.0

$30.1

$31.3

Note: Numbers may not sum due to rounding.

$28.3

$29.0

$29.7

$30.1

$29.8

3Q15

4Q15

1Q16

2Q16

3Q16

$31.7

Outlook: 1% FY 2016 loan growth (ex. HFS)

Continuing to maintain pricing discipline

Avg flat YoY

Average securities

Short-term investments

Transaction deposits

Other time deposits

Loan to core deposit ratio

•

Sequential comparisons:

–

NII increase driven by improving investment portfolio yields, an increase in 1-month LIBOR, and day count, partially offset

by the full quarter impact of $1.25 billion of unsecured debt issued in 2Q16 and lower average C&I loan balances

–

NIM stable from previous quarter, as the impact of higher yielding investments and an increase in 1-month LIBOR were

offset by the full quarter impact of the debt issuance and day count

•

Year-over-year comparisons:

–

NII increase primarily driven by the impact of higher investment securities balances, as well as short-term market rate

improvements from the December 2015 Fed funds rate increase

–

NIM decrease primarily driven by an increase in long-term debt, lower commercial loan yields, and a decrease in cash

flow hedges, partially offset by the December 2015 Fed funds rate increase

Net interest income

Outlook: FY NII up 2% and NIM up 1 bp from 2015; Q4 NII down slightly and NIM to remain stable or down 1 bp

Assumes no rate increases in 2016

Non-GAAP measure: see Reg G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

Outlook:

annual

fee

growth

Noninterest income

Non-GAAP measure; see Reg G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

2015 excludes a $704MM benefit from gains on Vantiv share sales and warrant actions, warrant valuation adjustments, and the TRA settlement. 2016 excludes a $344MM benefit from

Vantiv warrant valuation adjustments and the TRA settlement, a $61MM detriment from the Visa total return swap adjustments, $19MM in gains on sales of certain branches, and a $28MM

impairment charge related to branch closures and consolidations

•

Sequentially,

adjusted

noninterest

income

down

million,

percent,

primarily

due

to:

–

The change in net mortgage servicing rights (MSR) valuation adjustments

–

Corporate banking revenue from lower syndication revenue and foreign exchange fees

•

Year-over-year

adjusted

noninterest

income

million,

percent,

primarily

due

to:

–

Increases in corporate banking revenue and card and processing revenue

Noninterest expense

•

Adjusted expenses down 1% sequentially, primarily due to:

–

Decrease in compensation-related expenses due to the previously disclosed review of business units and

staff functions, as well as reduced card and processing expense

•

Adjusted expenses up 3% YoY, primarily due to:

–

Personnel additions in risk and compliance and information technology and the change for provision for

unfunded commitments, partially offset by a decrease in card and processing expense primarily due to

contract renegotiations

Note: Provision for unfunded commitments was an expense of $11MM in 3Q16, $7MM in 2Q16, $6MM in 3Q15, $4MM in 4Q15, and $2MM in 3Q15

Non-GAAP measure; see Reg G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

Outlook: < 4% annual growth

$188

$80

$96

$87

$107

$25

$50

$75

$100

$125

$150

$175

$200

3Q15

4Q15

1Q16

2Q16

3Q16

Net charge-offs ($MM)

Consumer

Commercial

0.80%

0.34%

0.42%

0.37%

0.45%

Credit quality overview

NCO ratio

HFI Non-performing assets ($MM)

Charge-off related to restructuring of a student loan backed commercial credit originally extended in 2007

•

3Q16

charge-offs up 8

bps from 2Q16

–

Includes $22MM increase in C&I loan NCOs

•

3Q16 portfolio NPA decrease of $122MM from

2Q16

–

Broad-based improvement in commercial

portfolio NPAs

•

3Q16 reserve of 1.37% down 1 bp sequentially

Outlook: NCOs range-bound around recently observed levels (ex. student loan credit from 3Q15) with some quarterly

variability; provision reflective of loan growth

NPA ratio 0.65% 0.70%

0.88% 0.86%

0.73%

102

Strong capital and liquidity position

Current period regulatory capital ratios are estimated

Capital Update

CET1 remained strong at 10.16%, up 22 bps sequentially and 76 bps from 3Q15

Tier I risk-based capital 11.26%; Total risk-based capital ratio 14.87%; Leverage

ratio 9.80%

$240MM accelerated share repurchase transaction on August 5, 2016 retiring

10.98MM shares

—

Includes CCAR repurchases as well as 3Q16 after-tax cash flows realized

from Vantiv

termination and settlement

Liquidity Update

Bancorp LCR of 115% at 3Q16

Average loans & leases

(excl. HFS)

Net interest income (FTE)

Net interest margin (FTE)

Noninterest income

Noninterest expense

Effective tax rate

Net charge-offs

Loan loss provision

Category

Fifth Third: current outlook

As of October 20, 2016

Non-GAAP measure; See Reg

G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

2015 excludes a $704MM benefit from gains on Vantiv

share sales and warrant actions, warrant valuation adjustments, and the TRA settlement. 2016 excludes a $344MM

benefit from Vantiv

warrant valuation adjustments and the TRA settlement, a $61MM detriment from the Visa total return swap adjustments, $19MM in gains on sales of

certain branches, and a $28MM impairment charge related to branch closures and consolidations

Note: Previous and current outlook excludes potential, but currently unforecasted, items, such as any potential additional Vantiv

gains or losses, future capital actions, or

changes in regulatory or accounting guidance.

Outlook as of October 20, 2016;

please see cautionary statement on slide 2 regarding forward-looking statements

FY16:

average total loan growth of 1%

FY16: 2% growth; 4Q16

down slightly

FY16: up 1 bp; 4Q16

stable to down 1 bp

from 3Q16

FY16: 5% growth

FY16: <

4% growth

4Q16:

23.5% -

24.5% range

Range-bound with quarterly variability

To be reflective of loan growth

Appendix

Pre-tax pre-provision earnings and efficiency

ratio trend

Non-GAAP measures: see Reg G reconciliation on page 23 of this presentation and use of non-GAAP measures on page 33 of the earnings release

Prior quarters include similar adjustments.

Adjusted PPNR up 1% sequentially

–

Due to increases in net interest income and

service charges on deposits

Adjusted PPNR down 4% YoY

–

Driven by personnel expenses and changes in

net MSR valuation adjustments

PPNR reconciliation

$250

$500

$1,100

$2,312

$500

$1,000

$1,500

$2,000

$2,500

2016¹

2017

2018

2019

2020

2021 on

Fifth Third Bancorp

Fifth Third Capital Trust (Bancorp)

$1,750

$650

$1,850

$2,600

$2,850

$500

$1,000

$1,500

$2,000

$2,500

$3,000

2016

2017

2018

2019

2020

2021 On

Fifth Third Bank

Available and contingent borrowing capacity (3Q16):

–

FHLB ~$11.5B available, ~$14.9B total

–

Federal Reserve ~$25.5B

Holding Company:

Bancorp LCR of 115% at 9/30/16

Holding Company cash at 9/30/16: $2.3B

Cash currently sufficient to satisfy all fixed obligations in a stressed

environment for ~20 months (debt maturities, common and preferred

dividends, interest and other expenses) without accessing capital

markets; relying on dividends from subsidiaries or any other

discretionary actions

Bank Entity:

No long-term debt maturities in 3Q16. During the quarter the Bank

delivered notice of redemption of $1.75B of senior notes to be

redeemed on 10/19/16. These notes had an original maturity date of

11/18/16

Also during the quarter the Bank issued $1.0B of 3-year senior debt in

two tranches -

$750MM fixed and $250MM of floating rate securities

2016 Funding Plans:

As of 9/30/16, Fifth Third has completed the refinancing of all 2016 debt

maturities and believes these actions are sufficient to satisfy Moody’s

LGF methodology

Holding company unsecured

debt maturities ($MM)

Bank unsecured debt maturities

($MM –

excl. Retail Brokered & Institutional CDs)

Heavily core funded as of 9/30/16

Strong liquidity profile

Represents remaining debt maturities in 2016.

S-T

wholesale

Balance sheet positioning

Commercial

Loans

1,2

Investment

Portfolio

Consumer

Loans

Note: All data as of 9/30/16

Includes HFS Loans & Leases

Fifth Third had $4.48BN 1ML receive-fix swaps outstanding against C&I loans, which are now being included in fixed

Fifth Third had $3.46BN 3ML receive-fix swaps outstanding against long term debt, which are now being included in floating

•

Fixed: $14.3B

1, 2

•

Float: $43.3B

1, 2

•

1ML based: 61%

(of total commercial)

•

3ML based: 8% (of total commercial)

•

6ML based:

1% (of total commercial)

•

Prime based: 5% (of total commercial)

•

Weighted Avg. Life: 1.78 years

•

48% allocation to bullet/locked-out

cash flow securities

•

Investment portfolio yield: 3.18%

•

Duration: 4 years

•

Net unrealized pre-tax gain: $1.2B

•

98% AFS

•

Fixed: $26.5B

•

Float: $10.2B

•

12ML based: 4% (of total consumer)

•

Prime based: 24% (of total consumer)

•

Weighted Avg. Life: 3.32 years

•

Avg. duration of Auto book: 1.30 years

Long Term

Debt

Key Characteristics

Balance Sheet Mix

Fixed vs. Floating

Level 1

100% Fix / 0% Float

Level 2A

100% Fix / 0% Float

Non-HQLA

75% Fix / 25% Float

C&I

20% Fix / 80% Float

Commercial

Mortgage

24% Fix / 76% Float

4% Fix / 96% Float

Commercial

Construction

100% Fix / 0% Float

Commercial

Lease

Resi Mtg &

Construction

90% Fix / 10% Float

Auto

100% Fix / 0% Float

10% Fix / 90% Float

Home Equity

30% Fix / 70% Float

Credit Card

100% Fix / 0% Float

Other

•

Fixed: $11.8B

•

Float: $5.1B

•

1ML based: <1% (of total long term debt)

•

3ML based: 30% (of total long term debt)

•

Weighted Avg. Life: 4.59 years

Senior Debt

30% Fix / 70% Float

Sub Debt

94% Fix / 6% Float

96% Fix / 4% Float

Auto Securiz.

Proceeds

0% Fix / 100% Float

TRUPS

100% Fix / 0% Float

Other

35%

46%

19%

74%

12%

21%

28%

43%

65%

25%

<1%

Interest rate risk management

Note: Data as of 9/30/16

Actual

results

may

vary

from

these

simulated

results

due

differences

between

forecasted

and

actual

balance

sheet

composition,

timing,

magnitude,

and

frequency

interest

rate

changes, as well as other changes in market conditions and management strategies.

Re-pricing percentage or “beta” is the estimated change in yield over 12 months as a result of a shock or ramp 100 bps parallel shift in the yield curve

•

NII benefits from asset rate reset in a rising rate environment

–

57% of total loans are floating rate (75% of commercial considering impacts of interest rate swaps and 28% of consumer)

–

Investment portfolio duration of 4 years

–

Short-term wholesale funding represents approximately 12% of total wholesale funding, or 2% of total funding

–

Approximately $12B in non-core funding matures beyond one year

•

Interest rate sensitivity tables are based on conservative deposit assumptions

–

70%

beta

all

interest-bearing

deposit

and

sweep

balances

(~50%

betas

experienced

2004

–

2006

Fed

tightening

cycle)

–

No modeled re-pricing lag

–

Modeled non-interest bearing commercial DDA runoff of approximately $2.5B (about 10%) for each 100 bps increase in

rates

–

DDA runoff rolls into an interest bearing product with a 100% beta

Mortgage banking results

•

$2.9B in originations; 51% purchase volume

•

3Q16 mortgage drivers:

–

Origination fees and gain on sale revenue up $7MM, or 13%, sequentially

–

Gain on sale margin up 39 bps sequentially

–

MSR valuation adjustments of negative $9MM; servicing rights amortization of ($35MM)

–

$49MM in gross servicing fees

•

YoY

decline in mortgage banking revenue driven primarily by changes in the net MSR valuation

adjustments; revenue up 19% excluding MSR valuation adjustments

Gain on sale margin represents gains on all loans originated for sale.

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

3Q15

4Q15

1Q16

2Q16

3Q16

Mortgage originations and gain on sale

margin

Originations for sale

Originations HFI

Margin

(37)

(29)

(27)

(35)

(9)

3Q15

4Q15

1Q16

2Q16

3Q16

Mortgage Banking Revenue ($MM)

Orig fees and gains on loan sales

Gross servicing fees

Servicing rights amortization

MSR valuation adjustments

$116

$34

$41

$163

$50

$100

$150

$200

$250

$300

3Q16

4Q16

1Q17

2Q17

3Q17

4Q17

1Q18

2Q18

3Q18

4Q18

~$1

$331MM

3Q16 termination and settlement of estimated $331MM gross cash flows expected to be

payable to Fifth Third from

2019 –

2035 in exchange for a $116MM payment; $116MM

pre-tax gain realized by Fifth Third in 3Q16

$75MM

Existing

annual

TRA

payments

expected

recognized

4Q16

and

4Q17

are

not

impacted

$394MM

Agreement to terminate and settle estimated $394MM remaining gross cash flows

expected to be payable

to Fifth Third

from 2019-2035 in exchange

for expected

payments from exercises of quarterly options starting in 1Q17 through 4Q18 totaling

$171MM pre-tax; resulted in 3Q16 $163MM pre-tax gain and corresponding receivable

on Fifth Third’s balance sheet

Estimated potential GAAP income recognition

(within noninterest income)

($s in millions; pre-tax)

$116

$15

$16

$17

$26

$27

$28

$34

$41

$25

$50

$75

$100

$125

$150

3Q16

4Q16

1Q17

2Q17

3Q17

4Q17

1Q18

2Q18

3Q18

4Q18

Estimated TRA cash flows

1,2

($s in millions; pre-tax)

Continued monetization of Vantiv

Options can either be executed by Vantiv

or Fifth Third and generate payments to Fifth Third. Projections assume put/call options are exercised every quarter.

Fifth Third received a “non-objection” from the Federal Reserve for the ability to repurchase shares in the amount of any realized after-tax gains from the termination and

settlement of any portion of the tax receivable agreement with Vantiv. This excludes the estimated existing annual TRA payment of $34 million in 1Q17 and $41 million in 1Q18.

Based on the analysis performed by Vantiv, Inc. disclosed in its second quarter Form 10-Q.

Continue to have additional potential TRA gross cash flows, based on additional share sales, of $1.2 billion

~$800MM

expected

gross

cash

flows from

existing TRA

monetized in

3Q16

~$1

Realized

in 3Q16

Recognized

in 3Q16

Limited UK and other European exposure

Note: As of 9/30/16; Data above includes the Bancorp’s exposure to all European domiciled and U.S. subsidiaries of European businesses as well as European financial institutions.

Total exposure includes funded and unfunded commitments, net of collateral; funded exposure excludes unfunded exposure

Peripheral Europe includes Greece, Ireland, Italy, Portugal and Spain

Eurozone includes countries participating in the European common currency (Euro)

Other Europe includes European countries not part of the Euro (primarily Switzerland and Norway)

Current period regulatory capital data is estimated.

•

Fifth Third continues to monitor developments in Europe

•

Portfolio well diversified, primarily global public businesses with solid credit quality (probability of

default rating in-line with overall Commercial portfolio)

•

Exposure primarily related to trade finance and financing activities of U.S. companies with foreign parent

or overseas activities of U.S. customers

•

Direct

exposure

represents

6.5%

CET1

•

No sovereign exposures

•

$1.5B in funded European exposure represents less than 2% of total loan portfolio

•

Funded European exposure down 15% since 2Q16; peripheral Europe down 64%

NPL rollforward

Credit trends

Residential Mortgage

Commercial & Industrial

Home Equity & Automobile

Commercial Real Estate

* Excludes loans held-for-sale.

Regulation G Non-GAAP reconciliation

See page 33 of the earnings release for a discussion on the use of non-GAAP financial measures.

Regulation G Non-GAAP reconciliation

See page 33 of the earnings release for a discussion on the use of non-GAAP financial measures.