Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Fixed Charges

($ In Millions)

Excluding Interest on Deposits:	Three Months Ended September 30, 2008			Nine months Ended September 30, 2008
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	194		$	614
One-Third of Rents, Net of Income from Subleases		8			21
Total Fixed Charges	$	202		$	635
Earnings:
Income (Loss) Before Income Taxes	$	(128	)	$	179
Fixed Charges		202			635
Total Earnings	$	74		$	814
Ratio of Earnings to Fixed Charges, Excluding
Interest On Deposits		0.37x			1.28x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	485		$	1,581
One-Third of Rents, Net of Income from Subleases		8			21
Total Fixed Charges	$	493		$	1,602
Earnings:
Income (Loss) Before Income Taxes	$	(128	)	$	179
Fixed Charges		493			1,602
Total Earnings	$	365		$	1,781
Ratio of Earnings to Fixed Charges, Including
Interest On Deposits		0.74x			1.11x