Exhibit 12.1

Fifth Third Bancorp

Computations of Consolidated Ratios of Earnings to Fixed Charges

($ in millions)

	Three Months Ended   September 30, 2017	Nine Months Ended   September 30, 2017
Excluding Interest on Deposits:
Fixed Charges:
Interest Expense (Excluding Interest On Deposits)	$109	$305
One-Third of Rents, Net of Income from Subleases	7	23
Total Fixed Charges	$116	$328
Earnings:
Income Before Income Taxes	$1,489	$2,379
Fixed Charges	116	328
Total Earnings	$1,605	$2,707
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits	13.84x	8.25x
Including Interest on Deposits:
Fixed Charges:
Interest Expense	$182	$502
One-Third of Rents, Net of Income from Subleases	7	23
Total Fixed Charges	$189	$525
Earnings:
Income Before Income Taxes	$1,489	$2,379
Fixed Charges	189	525
Total Earnings	$1,678	$2,904
Ratio of Earnings to Fixed Charges, Including Interest on Deposits	8.88x	5.53x