Exhibit 12.1
Fifth Third Bancorp
Computations of Consolidated Ratios of Earnings to Fixed Charges
($ in millions)
Three Months Ended June 30, 2018 | Six Months Ended June 30, 2018 | |||||||||||
Excluding Interest on Deposits: | ||||||||||||
Fixed Charges: | ||||||||||||
Interest Expense (Excluding Interest On Deposits) | $130 | $243 | ||||||||||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||||||||
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Total Fixed Charges | $138 | $258 | ||||||||||
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Earnings: | ||||||||||||
Income Before Income Taxes | $693 | $1,529 | ||||||||||
Fixed Charges | 138 | 258 | ||||||||||
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Total Earnings | $831 | $1,787 | ||||||||||
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Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits | 6.02x | 6.93x | ||||||||||
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Including Interest on Deposits: | ||||||||||||
Fixed Charges: | ||||||||||||
Interest Expense | $249 | $458 | ||||||||||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||||||||
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Total Fixed Charges | $257 | $473 | ||||||||||
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Earnings: | ||||||||||||
Income Before Income Taxes | $693 | $1,529 | ||||||||||
Fixed Charges | 257 | 473 | ||||||||||
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Total Earnings | $950 | $2,002 | ||||||||||
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Ratio of Earnings to Fixed Charges, Including Interest on Deposits | 3.70x | 4.23x | ||||||||||
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