EX-12.2 3 dex122.htm COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO COMBINED FIXED CHARGES Computations of Consolidated Ratios of Earnings to Combined Fixed Charges

Exhibit 12.2

Fifth Third Bancorp

Computations of Consolidated Ratios Of Earnings To Combined Fixed Charges and Preferred Stock Dividend Requirements

($ In Millions)

 

     Three Months Ended
6/30/2009
   Six Months Ended
6/30/2009

Excluding Interest on Deposits:

     

Fixed Charges:

     

Interest Expense (excluding interest on deposits)

   $ 90    $ 217

One-Third of Rents, Net of Income from Subleases

     8      15

Preferred Stock Dividends

     16      82
             

Total Fixed Charges

     114      314
             

Earnings:

     

Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change

   $ 1,352    $ 1,089

Fixed Charges – Excluding Preferred Stock Dividends

     98      232
             

Total Earnings

     1,450      1,321
             

Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits

     12.70x      4.21x
             

Including Interest on Deposits:

     

Fixed Charges:

     

Interest Expense

   $ 348    $ 749

One-Third of Rents, Net of Income from Subleases

     8      15

Preferred Stock Dividends

     16      82
             

Total Fixed Charges

   $ 372    $ 846
             

Earnings:

     

Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change

   $ 1,352    $ 1,089

Fixed Charges – Excluding Preferred Stock Dividends

     356      764
             

Total Earnings

   $ 1,708    $ 1,853
             

Ratio of Earnings to Fixed Charges, Including Interest On Deposits

     4.59x      2.19x