Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended		Six Months Ended
	June 30, 2017		June 30, 2017
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (Excluding Interest On Deposits)		$102		$196
One-Third of Rents, Net of Income from Subleases		7		16
Total Fixed Charges		$109		$212
Earnings:
Income Before Income Taxes		$494		$890
Fixed Charges		109		212
Total Earnings		$603		$1,102
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits		5.53x		5.20x
Including Interest on Deposits:
Fixed Charges:
Interest Expense		$167		$320
One-Third of Rents, Net of Income from Subleases		7		16
Total Fixed Charges		$174		$336
Earnings:
Income Before Income Taxes		$494		$890
Fixed Charges		174		336
Total Earnings		$668		$1,226
Ratio of Earnings to Fixed Charges, Including Interest on Deposits		3.84x		3.65x