Exhibit 12.1

SunTrust Banks, Inc.

Ratio of Earnings to Fixed Charges and Preferred Stock Dividends (in  millions)

		For the Year Ended December 31
	2010			2009			2008			2007			2006
Ratio 1 - including deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$4			($2,462	)		$729			$2,250			$2,987
Fixed charges		1,562			2,315			3,778			5,377			5,188
Total		$1,566			($147	)		$4,507			$7,627			$8,175
Fixed charges:
Interest on deposits		$860			$1,440			$2,377			$3,661			$3,465
Interest on funds purchased and securities sold under agreements to repurchase		6			8			131			440			543
Interest on other short-term borrowings		13			15			55			121			74
Interest on trading liabilities		30			20			27			15			16
Interest on long-term debt		580			761			1,117			1,079			1,034
Portion of rents representative of the interest factor (1/3) of rental expense		73			71			71			61			56
Total fixed charges		1,562			2,315			3,778			5,377			5,188
Preferred stock dividend requirements		274			280			49			42			11
Fixed charges and preferred stock dividends		$1,836			$2,595			$3,827			$5,419			$5,199
Ratio of earnings to fixed charges		1.00	x		NM			1.19	x		1.42	x		1.58	x
Ratio of earnings to fixed charges and preferred stock dividends		0.85	x		NM			1.18	x		1.41	x		1.57	x
Ratio 2 - excluding deposit interest
Earnings:
Income/(loss) before income taxes and extraordinary gain		$4			($2,462	)		$729			$2,250			$2,987
Fixed charges		702			875			1,401			1,716			1,723
Total		$706			($1,587	)		$2,130			$3,966			$4,710
Fixed charges:
Interest on funds purchased and securities sold under agreements to repurchase		$6			$8			$131			$440			$543
Interest on other short-term borrowings		13			15			55			121			74
Interest on trading liabilities		30			20			27			15			16
Interest on long-term debt		580			761			1,117			1,079			1,034
Portion of rents representative of the interest factor (1/3) of rental expense		73			71			71			61			56
Total fixed charges		702			875			1,401			1,716			1,723
Preferred stock dividend requirements		274			280			49			42			11
Fixed charges and preferred stock dividends		$976			$1,155			$1,450			$1,758			$1,734
Ratio of earnings to fixed charges		1.01	x		NM			1.52	x		2.31	x		2.73	x
Ratio of earnings to fixed charges and preferred stock dividends		0.72	x		NM			1.47	x		2.26	x		2.72	x

NM- not meaningful. For the year ended December 31, 2009, earnings were inadequate to cover fixed charges by $2.5 billion. Earnings included a $751 million non-cash goodwill impairment charge in 2009 as well as elevated provsion for credit losses.