Exhibit 12.1

	SunTrust Banks, Inc.
	Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
	For the Year Ended December 31
(Dollars in millions)	2012			2011			2010			2009			2008
Ratio 1 - including deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$2,731			$726			$4			($2,462	)		$729
Fixed charges	849			1,189			1,562			2,315			3,778
Total		$3,580			$1,915			$1,566			($147	)		$4,507
Fixed charges:
Interest on deposits		$429			$624			$860			$1,440			$2,377
Interest on funds purchased and securities sold under agreements to repurchase	4			5			6			8			131
Interest on other short-term borrowings	18			12			13			15			55
Interest on trading liabilities	15			26			30			20			27
Interest on long-term debt	299			449			580			761			1,117
Portion of rents representative of the interest factor (1/3) of rental expense	84			73			73			71			71
Total fixed charges	849			1,189			1,562			2,315			3,778
Preferred stock dividend requirements	17			165			274			280			49
Fixed charges and preferred stock dividends		$866			$1,354			$1,836			$2,595			$3,827
Ratio of earnings to fixed charges	4.22		x	1.61		x	1.00		x	NM			1.19		x
Ratio of earnings to fixed charges and preferred stock dividends	4.13		x	1.41		x	0.85		x	NM			1.18		x
Ratio 2 - excluding deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$2,731			$726			$4			($2,462	)		$729
Fixed charges	420			565			702			875			1,401
Total		$3,151			$1,291			$706			($1,587	)		$2,130
Fixed charges:
Interest on funds purchased and securities sold under agreements to repurchase		$4			$5			$6			$8			$131
Interest on other short-term borrowings	18			12			13			15			55
Interest on trading liabilities	15			26			30			20			27
Interest on long-term debt	299			449			580			761			1,117
Portion of rents representative of the interest factor (1/3) of rental expense	84			73			73			71			71
Total fixed charges	420			565			702			875			1,401
Preferred stock dividend requirements	17			165			274			280			49
Fixed charges and preferred stock dividends		$437			$730			$976			$1,155			$1,450
Ratio of earnings to fixed charges	7.50		x	2.28		x	1.01		x	NM			1.52		x
Ratio of earnings to fixed charges and preferred stock dividends	7.21		x	1.77		x	0.72		x	NM			1.47		x

NM - not meaningful. For the year ended December 31, 2009, earnings were inadequate to cover fixed charges by $2.5 billion. Earnings included a $751 million non-cash goodwill impairment charge in 2009 as well as elevated provision for credit losses.