Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ In Millions)

		Years Ended December 31,
		2015		2014		2013		2012		2011
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (excluding interest on deposits)	$		309		249		210		296	309
One-Third of Rents, Net of Income from Subleases			32		29		28		28	27
Total Fixed Charges	$		341		278		238		324	336
Earnings:
Income Before Income Taxes	$		2,365		2,028		2,598		2,210	1,831
Fixed Charges			341		278		238		324	336
Total Earnings	$		2,706		2,306		2,836		2,534	2,167
Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits			7.94x		8.29x		11.92x		7.82x	6.45x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$		495		451		412		512	661
One-Third of Rents, Net of Income from Subleases			32		29		28		28	27
Total Fixed Charges	$		527		480		440		540	688
Earnings:
Income Before Income Taxes	$		2,365		2,028		2,598		2,210	1,831
Fixed Charges			527		480		440		540	688
Total Earnings	$		2,892		2,508		3,038		2,750	2,519
Ratio of Earnings to Fixed Charges, Including Interest On Deposits			5.49x		5.23x		6.90x		5.09x	3.66x