Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended  March 31, 2017
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)		$94
One-Third of Rents, Net of Income from Subleases		9
Total Fixed Charges		$103
Earnings:
Income Before Income Taxes		$396
Fixed Charges		103
Total Earnings		$499
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		4.84x
Including Interest on Deposits:
Fixed Charges:
Interest Expense		$153
One-Third of Rents, Net of Income from Subleases		9
Total Fixed Charges		$162
Earnings:
Income Before Income Taxes		$396
Fixed Charges		162
Total Earnings		$558
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		3.44x