Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Fixed Charges

($ In Millions)

	Three Months Ended June 30, 2008			Six Months Ended June 30, 2008
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	190		$	418
One-Third of Rents, Net of Income from Subleases		7			14
Total Fixed Charges	$	197		$	432
Earnings:
Income (Loss) Before Income Taxes	$	(117	)	$	307
Fixed Charges		197			432
Total Earnings	$	80		$	739
Ratio of Earnings to Fixed Charges, Excluding
Interest On Deposits		0.41x			1.71x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	468		$	1,095
One-Third of Rents, Net of Income from Subleases		7			14
Total Fixed Charges	$	475		$	1,109
Earnings:
Income (Loss) Before Income Taxes	$	(117	)	$	307
Fixed Charges		475			1,109
Total Earnings	$	358		$	1,416
Ratio of Earnings to Fixed Charges, Including
Interest On Deposits		0.75x			1.28x