Fifth Third Bancorp 4Q19 Earnings Presentation January 22, 2020 Refer to earnings release dated January 22, 2020 for further information. Exhibit 99.2

Cautionary statement This presentation 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,” “is anticipated,” “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 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. We undertake no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this document. 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) deteriorating credit quality; (2) loan concentration by location or industry of borrowers or collateral; (3) problems encountered by other financial institutions; (4) inadequate sources of funding or liquidity; (5) unfavorable actions of rating agencies; (6) inability to maintain or grow deposits; (7) limitations on the ability to receive dividends from subsidiaries; (8) cyber-security risks; (9) Fifth Third’s ability to secure confidential information and deliver products and services through the use of computer systems and telecommunications networks; (10) failures by third-party service providers; (11) inability to manage strategic initiatives and/or organizational changes; (12) inability to implement technology system enhancements; (13) failure of internal controls and other risk management systems; (14) losses related to fraud, theft or violence; (15) inability to attract and retain skilled personnel; (16) adverse impacts of government regulation; (17) governmental or regulatory changes or other actions; (18) failures to meet applicable capital requirements; (19) regulatory objections to Fifth Third’s capital plan; (20) regulation of Fifth Third’s derivatives activities; (21) deposit insurance premiums; (22) assessments for the orderly liquidation fund; (23) replacement of LIBOR; (24) weakness in the national or local economies; (25) global political and economic uncertainty or negative actions; (26) changes in interest rates; (27) changes and trends in capital markets; (28) fluctuation of Fifth Third’s stock price; (29) volatility in mortgage banking revenue; (30) litigation, investigations, and enforcement proceedings by governmental authorities; (31) breaches of contractual covenants, representations and warranties; (32) competition and changes in the financial services industry; (33) changing retail distribution strategies, customer preferences and behavior; (34) risks relating to Fifth Third’s ability to realize the anticipated benefits of the merger with MB Financial, Inc.; (35) difficulties in identifying, acquiring or integrating suitable strategic partnerships, investments or acquisitions; (36) potential dilution from future acquisitions; (37) loss of income and/or difficulties encountered in the sale and separation of businesses, investments or other assets; (38) results of investments or acquired entities; (39) changes in accounting standards or interpretation or declines in the value of Fifth Third’s goodwill or other intangible assets; (40) inaccuracies or other failures from the use of models; (41) effects of critical accounting policies and judgments or the use of inaccurate estimates; (42) weather-related events or other natural disasters; and (43) the impact of reputational risk created by these or other 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. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results. 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 a discussion of non-GAAP measures and reconciliations to the most directly comparable GAAP measures in later slides in this presentation, as well as on pages 27 through 29 of our 4Q19 earnings release. Management does not provide a reconciliation for forward-looking non-GAAP financial measures where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the occurrence and the financial impact of various items that have not yet occurred, are out of the Bancorp's control or cannot be reasonably predicted. For the same reasons, the Bancorp's management is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.

Strategic priorities 1 2 Maintain credit, expense and capital discipline Invest to drive organic growth and profitability 3 Expand market share in key geographies 4 Leverage technology capabilities to accelerate digital transformation

Record full year net income of $2.5 billion Net interest income, NIM, noninterest income, and expense performance all in-line with or better than prior guidance Effectively managed interest-bearing core deposit costs better than prior guidance, while continuing to grow core deposits Generated record capital markets revenue Remain on-track to achieve MB expense savings by the end of 1Q20 ($255 million pre-tax) Generated $345 million pre-tax gain in 4Q19 from Worldpay tax receivable agreement (TRA) Several credit metrics impacted by conversion to national charter; excluding conversion, total NCO ratio up 1 bp from 3Q19 with consumer NCO ratio flat from 3Q19 4Q19 highlights Reported1 1Reported ROTCE, NIM, and efficiency ratio are non-GAAP measures: all adjusted figures are non-GAAP measures; see reconciliation on pages 23 and 24 of this presentation and the use of non-GAAP measures on pages 27-29 of the earnings release Adjusted1 ROA Efficiency ratio ROTCE 1.25% NCO ratio: 0.41% 14.8% NIM 3.22% 3.27% 1.72% 18.7% 57.3% 51.2% ROE 10.1% 14.2% excl. AOCI excl. PAA excl. PAA & CDI 4 bps 10 bps Unfavorable Impact from charter conversion NPA ratio: 0.62%

Commercial Balance sheet Securities1 and short-term investments Loan & lease balances Core deposit balances Securities1 Short-term investments Commercial Consumer Total IB core deposit rate Note: Totals shown above may not foot due to rounding 1Available-for-sale debt and other securities at amortized cost; previous disclosures included available-for-sale equity securities which are disclosed separately in the financial results; See forward looking statements on page 2 Consumer Total loan yield Taxable securities yield Total average balance; $ billions FY20 Total loans & leases: Up ~4% 1Q20 Total loans & leases: Relatively stable from 4Q19 Current outlook (average balances, incl. HFS) Loan & lease balances exclude HFS

Net interest income1 4Q19 vs. 4Q18 Current outlook (excludes purchase accounting accretion) 4Q19 vs. 3Q19 Adjusted NII1 up $129 million, or 12%; Adjusted NIM1 down 7 bps Primary drivers: Increase in interest-earning assets including the impact from MB Financial Partially offset by the declining rate environment Adjusted NII1 down $4 million; Adjusted NIM1 down 3 bps Primary drivers: Lower short-term market rates Partially offset by growth in the indirect secured consumer portfolio and the favorable impact of previously executed cash flow hedges 1Results are on a fully-taxable equivalent basis; non-GAAP measure: see reconciliation on pages 23 and 24 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release; See forward-looking statements on page 2 FY20: NII up ~2% from FY 2019 (of $4.749 billion); NIM of ~3.25% (assumes no Fed rate movements) 1Q20: NII down ~2% from adjusted 4Q19 (of $1.214 billion); NIM up 1-2 bps from adjusted 4Q19 (of 3.22%) Total net interest income; $ millions Adjusted NII (excl. PAA) NII 3.29% 3.25% 3.22% Adjusted NIM (excl. PAA)

Adjusted noninterest income (excl. securities (gains)/losses)1 Noninterest income 4Q19 vs. 4Q18 Current outlook 4Q19 vs. 3Q19 Adjusted noninterest income1 down $22 million, or 3% (down $17 million, or 2%, including securities gains) Primary drivers: Mortgage banking revenue (down 23%) Corporate banking revenue (down 9%) Partially offset by service charges on deposits (up 4%) 1Non-GAAP measure: see reconciliation on pages 23 and 24 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release; See forward-looking statements on page 2 Total noninterest income; $ millions FY20: Up ~8% from adjusted FY19 (of $2.711 billion) 1Q20: Down ~3% from adjusted 4Q19 (of $724 million) Noninterest income Adjusted noninterest income1 up $124 million, or 21%, including the impact of MB Financial Primary drivers: Corporate banking revenue (up 18%) Mortgage banking revenue (up 35%) Wealth and asset management revenue (up 18%)

Adjusted noninterest expense (excl. intangible amortization) 1 Noninterest expense 4Q19 vs. 4Q18 4Q19 vs. 3Q19 Adjusted noninterest expense1 flat Primary drivers: Compensation and benefits (up 1%) Continued benefits from the MB Financial expense synergies FY20: Up 2-3% from adjusted FY19 (of $4.372 billion); includes 1% impact from unique one-time changes 1Q20: Up ~5% from adjusted 4Q19 (of $1.117 billion); down ~1% excluding seasonal employee expense impact Total noninterest expense; $ millions Current outlook (excluding merger-related and CDI expenses) Adjusted noninterest expense1 up $170 million, or 18%, reflecting the impact of MB Financial Primary drivers: Compensation and benefits (up 14%) Technology investments (up 36%) Operating lease expense (offset in noninterest income) Noninterest expense 1Excluding intangible amortization is a non-GAAP measure: see reconciliation on pages 23 and 24 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release; See forward-looking statements on page 2 Intend to achieve full year 2020 positive operating leverage on an adjusted basis, even under less favorable economic conditions

Credit quality overview 1Excludes HFS loans; 2Commercial criticized assets as a percentage of total commercial loans excluding HFS NPA ratio of 0.62% included a 10 bps unfavorable impact due to the accounting policy changes related to the OCC conversion NCOs of 0.41% included a 4 bps unfavorable impact due to the accounting policy change related to the OCC conversion ALLL as a percent of portfolio loans and leases of 1.10%, up 6 bps compared to the prior quarter primarily due to specific allowances on two commercial loans and an increase from the credit card portfolio Nonperforming assets1 (NPAs) Net charge-offs (NCOs) +10 bps impact from accounting policy change Commercial loans represent ~64% of total loan mix Consumer loans represent ~36% of total loan mix

CET1 ratio of 9.7%, down ~49 bps compared to the year-ago quarter, and up 19 bps compared to the prior quarter Returned approximately 95% of earnings to shareholders through dividends and repurchase ($300 million in share repurchases, which decreased common shares outstanding by ~10 million shares) Approximately $600 million remaining under CCAR 2019 authorization Strong capital position 1Current period regulatory capital ratio is estimated 2Tangible book value per share is a non-GAAP measure; see reconciliation and the use of non-GAAP measures on pages 27-29 of the earnings release Common Equity Tier 1 ratio (Basel III)1 Series H Series I Series J1 Series K Class B Series A 1Q20 - ~$7 ~$4 ~$3 ~$3 Total ~$17 Upcoming preferred dividend schedule $s in millions existing preferred dividends 2Q20 ~$15 ~$7 ~$4 ~$3 ~$3 ~$33 3Q20 - ~$7 ~$4 ~$3 ~$3 ~$17 4Q20 ~$15 ~$7 ~$4 ~$3 ~$3 ~$33 Tangible Book Value per Share2 1Series J has converted to floating (3ML + 3.129%) and quarterly payments.

Current Outlook 1Non-GAAP measure: see forward-looking statements on page 2 of this presentation regarding forward-looking non-GAAP measures and use of non-GAAP measures on pages 27-29 of the earnings release. (average balances, incl. HFS) Outlook as of January 22, 2020; please see cautionary statement on page 2 NII (FTE)1 Loans & leases relatively stable from 4Q19 Comments down ~2% from 4Q19 NIM (FTE)1 up 1-2 bps from 4Q19 Noninterest income down ~3% from 4Q19 Noninterest expense up ~5% from 4Q19 Impacted by day count and some seasonality in securities portfolio and Commercial DDAs Seasonal impacts and subdued mortgage revenue Down ~1% excl. ~$70M seasonal employee expense impact 1Q20 Comments (excluding PAA) (excluding PAA) (excl. merger-related items) (excl. merger-related and CDI expenses) (4Q19 baseline: $1.214BN) (4Q19 baseline: 3.22%) (4Q19 baseline: $724MM) (4Q19 baseline: $1.117BN) Full year 2020 (average balances, incl. HFS) NII (FTE)1 Loans & leases up ~4% from FY19 up ~2% from FY19 NIM (FTE)1 ~3.25% Noninterest income up ~8% from FY19 Noninterest expense up 2-3% from FY19 (excluding PAA) (excluding PAA) (excl. merger-related items) (excl. merger-related and CDI expenses) (FY19 baseline: $4.749BN) (FY19 baseline: 3.27%) (FY19 baseline: $2.711BN) (FY19 baseline: $4.372N) Reflects increased benefits from previously executed hedges Recent trends expected to continue Assumes no Fed rate moves Effective tax rate ~22% Net charge-off ratio 35 to 40 bps range Losses remain near historically low levels from 2019; may fluctuate quarter-to-quarter given low absolute levels Growth in commercial and consumer Includes 1% impact from unique one-time changes

Strategic priorities Focused on top quartile through-the-cycle performance to create long-term shareholder value 1 3 2 4 Leverage technology capabilities to accelerate digital transformation Maintain credit, expense and capital discipline Expand market share in key geographies Invest to drive organic growth and profitability

Appendix

Estimated potential GAAP income recognition6 Successful monetization of TRA transaction 1Options can either be executed by FIS or Fifth Third and generate payments to Fifth Third; 2Projections assume put/call options are exercised for each 1 year option (3 options - 2020, 2021, & 2023); 3Balance excludes NII accretion of TRA receivables; 4Equity earnings, net of intangible amortization, represent ~$502M; “other“ represents ~$58M and includes various other sources of revenue; 5Assumes FIS will have sufficient taxable income to utilize TRA related deductions and have a marginal tax rate of 25%; 6See forward-looking statements on page 2; 7Management assumes the deferred 2019 TRA payment will be recognized in 2020 with cash to be received in 2021. $ Millions; pre-tax 4Q19 TRA update Over $7BN of shareholder value Includes deferred 2019 benefit6,7 Expected TRA related cash flows6 $ Millions; pre-tax Reached agreement with FIS (“TRA transaction”) to terminate and settle $720MM of gross cash flows over 15+ years for periodic payments, totaling $366MM, over the next 4 years1 Transaction results in a $345MM pre-tax gain recognized in the fourth quarter of 2019 $ Millions; pre-tax 2009 - 2019 2020+ Includes deferred 2019 benefit6,7 2, 3 4 5,6 5 2 2 5

Expected impacts of MB purchase accounting1 1Q20 ($ in millions) Reflects purchase accounting impacts exclusively related to the MB Financial acquisition Projected purchase accounting accretion from the non-PCI loan portfolio represents scheduled amortization, and does not include impact of any accelerated payoffs $38 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1See forward-looking statements on page 2 of this presentation.

Proactive balance sheet management Best YoY NIM performance compared to peers, and 2020 outlook calling for relative NIM stability Hedge portfolio to provide protection against lower rates for another 5 years even without adding additional hedges Cash flow hedges ($ in billions) Focused on proactively managing deposit costs and growing core deposits while de-emphasizing CD portfolio Peer 1 Peer 2 Peer 3 5/3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 4Q19 adjusted NIM down only 3 bps relative to 3Q19 Expect FY2020 NIM of ~3.25% (down only 2 bps from 2019) Strong growth in transaction deposits while substantially lowering deposit costs Change in adjusted NIM 3Q18-3Q19 (bps) Deposit balances ($ in billions); totals shown below may not foot due to rounding $8B swaps @ ~3.02% receive fixed rate $3B floors @ 2.25% 1 month LIBOR strike +~2% +~2% $118.5 $120.4 $121.8 1Non-GAAP measures: see reconciliation on pages 23 and 24 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release; See forward-looking statements on page 2 regarding forward-looking non-GAAP measure and forward-looking statements

Efficiency ratio trend1 Pre-provision net revenue1 4Q19 vs. 4Q18 4Q19 vs. 3Q19 Adjusted PPNR down $21 million, or 2% Decline driven by decreased NII and noninterest income, primarily due to lower mortgage banking and corporate banking revenue Decline partially offset by decrease in noninterest expense from MB Financial expense synergies 1PPNR, Adjusted PPNR, efficiency ratio and adjusted efficiency ratio are non-GAAP measures: see reconciliation on pages 23 and 24 of this presentation and use of non-GAAP measures on pages 27-29 of the earnings release See forward-looking statements on page 2 Pre-provision net revenue; $ millions Adjusted PPNR up $104 million, or 14%, including the impact of MB Financial Growth driven by increased NII and noninterest income, reflecting contributions from corporate banking revenue, mortgage banking revenue, and wealth and asset management revenue Growth partially offset by increased compensation and benefits expense and continued investments in technology

Strong liquidity profile $ millions – excl. Retail Brokered & Institutional CDs Unsecured debt maturities Heavily core funded Holding company: Holding Company cash as of December 31, 2019: $4.1B Cash currently sufficient to satisfy all fixed obligations in a stressed environment for ~26 months (debt maturities, common and preferred dividends, interest, and other expenses) without accessing capital markets, relying on dividends from subsidiaries or any other actions The Holding Company issued $750MM of five-year senior notes in 4Q19 Bank entity: The Bank did not issue any long-term debt in 4Q19 Available and contingent borrowing capacity (4Q19): FHLB ~$12.1B available, ~$12.2B total Federal Reserve ~$36.2B As of 12/31/2019 $2,150 $3,150

100% Fix | 0% Variable 76% Fix | 24% Variable Balance sheet positioning Investment portfolio $18.8B fixed | $51.3B variable 1,2,3 Commercial loans1,2,3 Consumer loans1 Long-term debt4 $30.5B fixed | $10.4B variable 1 $11.0B fix | $4.0B variable 4 1ML based: 60%6 3ML based: 6%6 Prime based: 6%6 Other based: ~1%6,9 Weighted avg. life: 1.4 years 1ML based: 1%7 12ML based: 2%7 Prime based: 19%7 Weighted avg. life: 3.0 years Data as of 12/31/19; 1Includes HFS Loans & Leases; 2Fifth Third had $7.0B of variable loans classified as fixed given the 1ML receive-fix swaps outstanding against C&I loans; 3Excludes forward starting swaps; 4Fifth Third had $1.45B 3ML receive-fix swaps and $1.25B 1ML receive-fix swaps outstanding against long-term debt, which are being included in floating, long-term debt with swaps outstanding reflected at fair value; 5Effective duration of the taxable available for sale portfolio; 6As a percent of total commercial; 7As a percent of total consumer; 8As a percent of total long-term debt; 9Includes 12ML, 6ML, and Fed Funds based loans 1ML based: 9%8 3ML based: 18%8 Weighted avg. life: 4.13 years C&I 25% Fix | 75% Variable Coml. mortgage 23% Fix | 77% Variable Coml. lease 100% Fix | 0% Variable Resi mtg.& construction 88% Fix | 12% Variable Auto/Indirect 100% Fix | 0% Variable Home equity 10% Fix | 90% Variable Senior debt 70% Fix | 30% Variable Sub debt 76% Fix | 24% Variable Auto securiz. proceeds 96% Fix | 4% Variable Coml. construction 0% Fix | 100% Variable Credit card 23% Fix | 77% Variable Other 67% Fix | 33% Variable Other 82% Fix | 18% Variable 64% allocation to bullet/ locked-out cash flow securities Yield: 3.27% Effective duration of 5.15 Net unrealized pre-tax gain: $1.1B 99% AFS Level 1 100% Fix | 0% Variable Level 2A Non-HQLA/ Other Information above incorporates ~$13BN in receive fixed swaps and rate floors effective as of 12/31/19 In addition, $1BN in 5 year swaps with a 3.20% receive fixed rate against 1 month LIBOR is not reflected in information above (effective on 1/2/20)

Interest rate risk management Estimated NII sensitivity profile and ALCO policy limits Estimated NII sensitivity with deposit beta changes Estimated NII sensitivity with demand deposit balance changes 1 Effective duration of the taxable available for sale portfolio; 2Re-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, Note: data as of 12/31/19; actual results may vary from these simulated results due to differences between forecasted and actual balance sheet composition, timing, magnitude, and frequency of interest rate changes, as well as other changes in market conditions and management strategies. NII is modestly asset sensitive over the next 12-24 months to rising rates. As of December 31, 2019, 56% of loans were variable rate net of existing swaps (73% of commercial; 25% of consumer) Investment portfolio effective duration of 5.11 Short-term borrowings represent approximately 6% of total wholesale funding, or 1% of total funding Approximately $12 billion in non-core funding matures beyond one year Interest rate sensitivity tables leverage the following deposit assumptions: Beta on all interest-bearing deposit and sweep balances: 71% up and 41% down2 No modeled re-pricing lag on deposits Utilizes forecasted balance sheet with $750MM DDA runoff and growth (per 100 bps rate movement) assumed in up rate and down rate scenarios, respectively Weighted interest-bearing deposit floor of 9 bps

NPL rollforward1 1Loan balances exclude nonaccrual loans HFS Commercial Consumer Total NPL $ millions $ millions $ millions

Balance and credit loss trends1 Commercial & industrial Residential mortgage Commercial mortgage Home equity Indirect secured consumer loans Average Portfolio Balance NCOs as a % of average portfolio loans 1All balances are in billions 4Q18 4Q19 1Q19 2Q19 3Q19 Commercial construction NCOs as a % of average portfolio loans ex. acct policy change

See pages 27-29 of the earnings release for a discussion on the use of non-GAAP financial measures; 1Pre-tax items: for all periods assume a 23% tax rate, except for 1Q19 non-deductible merger-related items Regulation G non-GAAP reconciliation Fifth Third Bancorp and Subsidiaries Regulation G Non-GAAP Reconciliation $ and shares in millions December September June March December (unaudited) 2019 2019 2019 2019 2018 Net income attributable to Bancorp (U.S. GAAP) (a) $734 $549 $453 $775 $455 Net income attributable to Bancorp (U.S. GAAP) (annualized) (b) $2,912 $2,178 $1,817 $3,143 $1,805 Net income available to common shareholders (U.S. GAAP) (c) $701 $530 $427 $760 $432 Add: Intangible amortization, net of tax 11 11 11 2 1 Tangible net income available to common shareholders (d) $712 $541 $438 $762 $433 Tangible net income available to common shareholders (annualized) (e) $2,825 $2,146 $1,757 $3,090 $1,718 Net income available to common shareholders (annualized) (f) $2,781 $2,103 $1,713 $3,082 $1,714 Average Bancorp shareholders' equity (U.S. GAAP) (g) $21,304 $21,087 $20,135 $17,025 $15,794 Less: Average preferred stock (h) (1,770) (1,445) (1,331) (1,331) (1,331) Average goodwill (4,260) (4,286) (4,301) (2,682) (2,468) Average intangible assets and other servicing rights (194) (208) (215) (58) (32) Average tangible common equity (i) $15,080 $15,148 $14,288 $12,954 $11,963 Less: average accumulated other comprehensive income ("AOCI") (1,416) (1,444) (619) - 719 Average tangible common equity, excluding AOCI (j) $13,664 $13,704 $13,669 $12,954 $12,682 Adjustments (pre-tax items) Valuation of Visa total return swap 44 11 22 31 (7) Gain from GreenSky IPO - - - - - GreenSky securities losses (gains) - - - (9) 21 Provision impact from conversion to a national charter 9 - - - - Merger-related expense 9 28 109 76 27 Contribution for Fifth Third Foundation 20 - - - - Merger-related branch network impairment charge - - - 13 - Gain on sale of Vantiv/Worldpay shares (345) - - (562) - Adjustments - after-tax 1 (k) (202) $30 $101 (341) $32 Adjustments - tax-related Acquisition impact on state deferred taxes - - - 9 - Adjustments - tax-related (l) - - - 9 - Adjusted net income attributable to Bancorp [(a) + (k) + (l)] $532 $579 $554 $443 $487 Adjusted net income attributable to Bancorp (annualized) (m) $2,111 $2,297 $2,222 $1,797 $1,932 Adjusted net income available to common shareholders [(c) + (k) + (l)] $499 $560 $528 $428 $464 Adjusted net income available to common shareholders (annualized) (n) $1,980 $2,222 $2,118 $1,736 $1,841 Adjusted tangible net income available to common shareholders [(d) + (k) + (l)] $510 $571 $539 $430 $465 Adjusted tangible net income available to common shareholders (annualized) (o) $2,023 $2,265 $2,162 $1,744 $1,845 Average assets (p) $169,327 $169,585 $167,578 $148,968 $144,185 Metrics: Return on assets (b) / (p) 1.72% 1.28% 1.08% 2.11% 1.25% Adjusted return on assets (m) / (p) 1.25% 1.35% 1.33% 1.21% 1.34% Return on average common equity (f) / [(g) + (h)] 14.2% 10.7% 9.1% 19.6% 11.8% Adjusted return on average common equity (n) / [(g) + (h)] 10.1% 11.3% 11.3% 11.1% 12.7% Return on average tangible common equity (e) / (i) 18.7% 14.2% 12.3% 23.9% 14.3% Adjusted return on average tangible common equity (o) / (i) 13.4% 15.0% 15.1% 13.5% 15.4% Adjusted return on average tangible common equity, excluding AOCI (o) / (j) 14.8% 16.5% 15.8% 13.5% 14.5% For the Three Months Ended

Regulation G non-GAAP reconciliation See pages 27-29 of the earnings release for a discussion on the use of non-GAAP financial measures Fifth Third Bancorp and Subsidiaries Regulation G Non-GAAP Reconciliation $ and shares in millions December September June March December (unaudited) 2019 2019 2019 2019 2018 Average interest-earning assets (a) $149,312 $148,854 $148,790 $134,463 $131,072 Net interest income (U.S. GAAP) (b) $1,228 $1,242 $1,245 $1,082 $1,081 Add: Taxable equivalent adjustment 4 4 5 4 4 Net interest income (FTE) (c) $1,232 $1,246 $1,250 $1,086 $1,085 Less: Net interest income impact from purchase accounting accretion 18 28 18 1 - Adjusted net interest income (d) $1,214 $1,218 $1,232 $1,085 $1,085 Net interest income (FTE) (annualized) (e) $4,888 $4,943 $5,014 $4,404 $4,305 Adjusted net interest income (FTE) (annualized) (f) $4,816 $4,832 $4,942 $4,400 $4,305 Noninterest income (U.S. GAAP) (g) $1,035 $740 $660 $1,101 $575 Valuation of Visa total return swap 44 11 22 31 (7) GreenSky securities losses (gains) - - - (9) 21 Merger-related branch network charge - - - 13 - Gain on sale of Vantiv/Worldpay shares (345) - - (562) - Adjusted noninterest income (h) $734 $751 $682 $574 $589 Add: Securities (gains)/losses (10) (5) (8) (7) 11 Adjusted noninterest income, (excl. securities (gains)/losses) $724 $746 $674 $567 $600 Noninterest expense (U.S. GAAP) (i) $1,160 $1,159 $1,243 $1,097 $975 Contribution for Fifth Third Foundation (20) - - - - Merger-related expense (9) (28) (109) (76) (27) Adjusted noninterest expense $1,131 $1,131 $1,134 $1,021 $948 Less: Intangible amortization 14 14 14 3 1 Adjusted noninterest expense excl. intangible amortization expense (j) $1,117 $1,117 $1,120 $1,018 $947 Metrics: Pre-provision net revenue [(c) + (g) - (i)] 1,107 827 667 1,090 685 Adjusted pre-provision net revenue [(d) + (h) - (j)] 831 852 794 641 727 Net interest margin (FTE) (e) / (a) 3.27% 3.32% 3.37% 3.28% 3.29% Adjusted net interest margin (FTE) (f) / (a) 3.22% 3.25% 3.32% 3.28% 3.29% Efficiency ratio (FTE) (i) / [(c) + (g)] 51.2% 58.4% 65.1% 50.2% 58.7% Adjusted efficiency ratio (j) / [(d) + (h)] 57.3% 56.7% 58.5% 61.4% 56.6% For the Three Months Ended