Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Fixed Charges

($ In Millions)

	Three Months Ended March 31, 2009
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$	128
One-Third of Rents, Net of Income from Subleases		8
Total Fixed Charges		136
Earnings:
Loss Before Income Taxes		($262	)
Fixed Charges		136
Total Earnings		(126	)
Ratio of Earnings to Fixed Charges, Excluding
Interest On Deposits		N/A	(a)
Coverage Deficiency		($262	)
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$	402
One-Third of Rents, Net of Income from Subleases		8
Total Fixed Charges	$	410
Earnings:
Loss Before Income Taxes		($262	)
Fixed Charges		410
Total Earnings	$	148
Ratio of Earnings to Fixed Charges, Including
Interest On Deposits		0.36x	(a)

(a) Earnings are inadequate to cover fixed charges by $262 million.