|For the Three Months Ended||% Change|
|Earnings ($ in millions)|
|Net income attributable to Bancorp||$385||
|Net income available to common shareholders||$376||
|Common Share Data|
|Earnings per share, basic||0.41||0.46||0.33||0.41||0.36||(11||%)||14||%|
|Earnings per share, diluted||0.40||0.45||0.33||0.40||0.35||(11||%)||14||%|
|Cash dividends per common share||0.08||0.08||0.08||0.08||0.06||-||33||%|
|Return on average assets||1.32||%||1.49||%||1.08||%||1.34||%||1.22||%||(11||%)||8||%|
|Return on average common equity||11.4||13.1||9.5||11.9||11.0||(13||%)||4||%|
|Return on average tangible common equity||14.1||16.2||11.9||14.9||14.0||(13||%)||1||%|
|Tier I capital||12.31||12.20||11.91||11.96||11.93||1||%||3||%|
|Tier I common equity||9.77||9.64||9.35||9.33||9.20||1||%||6||%|
|Net interest margin (a)||3.56||3.61||3.67||3.65||3.62||(1||%)||(2||%)|
|Common shares outstanding (in thousands)||918,913||920,056||919,804||919,779||919,818||-||-|
|Average common shares outstanding (in thousands):|
|(a) Presented on a fully taxable equivalent basis|
|The percentages in all of the tables in this earning release are calculated on actual dollar amounts not the rounded dollar amounts.|
“Earnings trends remained positive in the second quarter of 2012. Results came in better than we had anticipated and followed a very strong first quarter,” said Kevin Kabat, President and CEO of Fifth Third Bancorp. “Mortgage results remained strong. Our capabilities and strength of market position has enabled us to capture significant business as we assist our customers in taking advantage of historically low interest rates. Card and processing revenue was up 9 percent sequentially, and corporate banking revenue increased 5 percent sequentially as loan production and ancillary business volume remained healthy during the quarter.
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