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 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 | ||||||||||
Preferred Stock Dividends | 23 | 38 | ||||||||||
|
|
|
| |||||||||
Total Fixed Charges | $161 | $296 | ||||||||||
|
|
|
| |||||||||
Earnings: | ||||||||||||
Income Before Income Taxes | $693 | $1,529 | ||||||||||
Fixed Charges, Excluding Preferred Stock Dividends | 138 | 258 | ||||||||||
|
|
|
| |||||||||
Total Earnings | $831 | $1,787 | ||||||||||
|
|
|
| |||||||||
Ratio of Earnings to Fixed Charges, Excluding Interest on Deposits | 5.16x | 6.04x | ||||||||||
|
|
|
| |||||||||
Including Interest on Deposits: | ||||||||||||
Fixed Charges: | ||||||||||||
Interest Expense | $249 | $458 | ||||||||||
One-Third of Rents, Net of Income from Subleases | 8 | 15 | ||||||||||
Preferred Stock Dividends | 23 | 38 | ||||||||||
|
|
|
| |||||||||
Total Fixed Charges | $280 | $511 | ||||||||||
|
|
|
| |||||||||
Earnings: | ||||||||||||
Income Before Income Taxes | $693 | $1,529 | ||||||||||
Fixed Charges, Excluding Preferred Stock Dividends | 257 | 473 | ||||||||||
|
|
|
| |||||||||
Total Earnings | $950 | $2,002 | ||||||||||
|
|
|
| |||||||||
Ratio of Earnings to Fixed Charges, Including Interest on Deposits | 3.39x | 3.92x | ||||||||||
|
|
|
|