EX-12.2 3 d377070dex122.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   
     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

      

Preferred Stock Dividends

     15   
  

 

 

 

  Total Fixed Charges

     $118   
  

 

 

 

Earnings:

  

Income Before Income Taxes

     $396   

Fixed Charges, Excluding Preferred Stock Dividends

     103   
  

 

 

 

  Total Earnings

     $499   
  

 

 

 

Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits

     4.23x  
  

 

 

 

Including Interest on Deposits:

  

Fixed Charges:

  

Interest Expense

     $153   

One-Third of Rents, Net of Income from Subleases

      

Preferred Stock Dividends

     15   
  

 

 

 

  Total Fixed Charges

     $177   
  

 

 

 

Earnings:

  

Income Before Income Taxes

     $396   

Fixed Charges, Excluding Preferred Stock Dividends

     162   
  

 

 

 

  Total Earnings

     $558   
  

 

 

 

Ratio of Earnings to Fixed Charges, Including Interest on Deposits

     3.15x