Exhibit 12.1

		SunTrust Banks, Inc.
	Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
	For the Six Months Ended June 30						For the Year Ended December 31
(Dollars in millions)	2012			2011			2011			2010			2009		2008			2007
Ratio 1 - including deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$685			$449			$726			$4			($2,462)		$729			$2,250
Fixed charges		478			628			1,189			1,562			2,315		3,778			5,377
Total		$1,163			$1,077			$1,915			$1,566			($147)		$4,507			$7,627
Fixed charges:
Interest on deposits		$245			$331			$624			$860			$1,440		$2,377			$3,661
Interest on funds purchased and securities sold under agreements to repurchase		2			3			5			6			8		131			440
Interest on other short-term borrowings		9			6			12			13			15		55			121
Interest on trading liabilities		7			15			26			30			20		27			15
Interest on long-term debt		178			237			449			580			761		1,117			1,079
Portion of rents representative of the interest factor (1/3) of rental expense		37			36			73			73			71		71			61
Total fixed charges		478			628			1,189			1,562			2,315		3,778			5,377
Preferred stock dividend requirements		7			180			165			274			280		49			42
Fixed charges and preferred stock dividends		$485			$808			$1,354			$1,836			$2,595		$3,827			$5,419
Ratio of earnings to fixed charges		2.43	x		1.71	x		1.61	x		1.00	x		NM		1.19	x		1.42	x
Ratio of earnings to fixed charges and preferred stock dividends		2.40	x		1.33	x		1.41	x		0.85	x		NM		1.18	x		1.41	x
Ratio 2 - excluding deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$685			$449			$726			$4			($2,462)		$729			$2,250
Fixed charges		233			297			565			702			875		1,401			1,716
Total		$918			$746			$1,291			$706			($1,587)		$2,130			$3,966
Fixed charges:
Interest on funds purchased and securities sold under agreements to repurchase		$2			$3			$5			$6			$8		$131			$440
Interest on other short-term borrowings		9			6			12			13			15		55			121
Interest on trading liabilities		7			15			26			30			20		27			15
Interest on long-term debt		178			237			449			580			761		1,117			1,079
Portion of rents representative of the interest factor (1/3) of rental expense		37			36			73			73			71		71			61
Total fixed charges		233			297			565			702			875		1,401			1,716
Preferred stock dividend requirements		7			180			165			274			280		49			42
Fixed charges and preferred stock dividends		$240			$477			$730			$976			$1,155		$1,450			$1,758
Ratio of earnings to fixed charges		3.94	x		2.51	x		2.28	x		1.01	x		NM		1.52	x		2.31	x
Ratio of earnings to fixed charges and preferred stock dividends		3.83	x		1.56	x		1.77	x		0.72	x		NM		1.47	x		2.26	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.