{"data":{},"content":[{"data":{},"content":[{"data":{},"marks":[],"value":"Die wichtigste Zahl im Übernahmekampf lautet für die ","nodeType":"text"},{"data":{},"marks":[{"type":"italic"}],"value":"Commerzbank","nodeType":"text"},{"data":{},"marks":[],"value":" nicht Gewinn, sondern Kapitalquote. Die sogenannte CET1-Quote misst das harte Eigenkapital im Verhältnis zu den risikogewichteten Aktiva und bestimmt, wie krisenfest eine Bank ist. ","nodeType":"text"}],"nodeType":"paragraph"},{"data":{},"content":[{"data":{},"marks":[],"value":"Bei der ","nodeType":"text"},{"data":{},"marks":[{"type":"italic"}],"value":"Commerzbank ","nodeType":"text"},{"data":{},"marks":[],"value":"liegt der Wert bei 14,7 Prozent. Das entspricht rund 25,9 Milliarden Euro an hartem Kernkapital, das Verluste abfedern kann, bevor Gläubiger oder Einleger betroffen wären. ","nodeType":"text"}],"nodeType":"paragraph"},{"data":{},"content":[{"data":{},"marks":[{"type":"bold"}],"value":"Das Entscheidende:","nodeType":"text"},{"data":{},"marks":[],"value":" Diese Quote liegt deutlich über der kritischen Schwelle von 13,5 Prozent. Ab diesem Level sind Aktienrückkäufe und Dividenden überhaupt erst erlaubt. Mit anderen Worten: Die Bank ist stark genug, um Kapital an die Aktionäre auszuschütten. Deswegen steigt die Aktie seit Monaten kräftig. Genau das macht die ","nodeType":"text"},{"data":{},"marks":[{"type":"italic"}],"value":"Commerzbank","nodeType":"text"},{"data":{},"marks":[],"value":" für die italienische Großbank ","nodeType":"text"},{"data":{},"marks":[{"type":"italic"}],"value":"UniCredit ","nodeType":"text"},{"data":{},"marks":[],"value":"zwar teuer, aber gleichzeitig auch attraktiv.","nodeType":"text"}],"nodeType":"paragraph"},{"data":{"target":{"metadata":{"tags":[],"concepts":[]},"sys":{"id":"60urfCFis9AkFgYdmWV8hD","type":"Entry","createdAt":"2026-02-09T22:34:45.199Z","updatedAt":"2026-02-09T22:35:25.004Z","publishedVersion":9,"revision":2,"contentType":{"sys":{"type":"Link","linkType":"ContentType","id":"infoGraphic"}},"locale":"de"},"fields":{"title":"UniCredit vs. Commerzbank: Das Kräftemessen","description":"Wichtige Kennzahlen von UniCredit und Commerzbank","media":{"sys":{"type":"Link","linkType":"Entry","id":"3Z2y7cG4mTM56TDljZYFc2"},"fields":{"id":"SW1hZ2VXaXRoTWV0YS0zWjJ5N2NHNG1UTTU2VERsalpZRmMyX19fMzIzMjE3ZjY0M2MzZTNmMWZlNzUzMmU3MmFjMDFiYjA3NDhjOTdiZQ","url":"//image-service.thepioneer.de/show/mj324dykhxwi/31Yd7dP8RjcANDpEvs8Ria/7b840390f2ea0ebe377e39a5d95181f5/20260210-infografik-media-pioneer-Unicredit-Commerzbank-Kennzahlen-ohne.png","preview":"","width":1560,"height":2860,"assetId":"31Yd7dP8RjcANDpEvs8Ria","link":null,"title":"20260210-infografik-media-pioneer-Unicredit-Commerzbank-Kennzahlen-ohne","description":"","fileSize":2071233,"contentType":"image/png"}},"slug":"unicredit-vs-commerzbank-das-kraeftemessen","download":{"metadata":{"tags":[],"concepts":[]},"sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"mj324dykhxwi"}},"id":"70xeVwrrpTzyBgiVedR8eM","type":"Asset","createdAt":"2026-02-09T22:34:35.050Z","updatedAt":"2026-02-09T22:34:35.050Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":4,"revision":1,"locale":"de"},"fields":{"title":"UniCredit vs. Commerzbank: Das Kräftemessen","description":"","file":{"url":"//images.ctfassets.net/mj324dykhxwi/70xeVwrrpTzyBgiVedR8eM/44363256cd6a6c539baa099c7e7c4641/20260210-infografik-media-pioneer-Unicredit-Commerzbank-Kennzahlen.png","details":{"size":2273651,"image":{"width":1700,"height":3202}},"fileName":"20260210-infografik-media-pioneer-Unicredit-Commerzbank-Kennzahlen.png","contentType":"image/png"}}},"tags":[{"metadata":{"tags":[],"concepts":[]},"sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"mj324dykhxwi"}},"id":"tq0fNn3IgMv9LQrskxXwH","type":"Entry","createdAt":"2026-02-09T22:35:23.228Z","updatedAt":"2026-02-09T22:35:23.228Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":1,"revision":1,"contentType":{"sys":{"type":"Link","linkType":"ContentType","id":"tag"}},"locale":"de"},"fields":{"title":"Kräftemessen"}},{"metadata":{"tags":[],"concepts":[]},"sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"mj324dykhxwi"}},"id":"10GAW8Crb7iRJDBQp18gSW","type":"Entry","createdAt":"2023-03-19T22:09:28.178Z","updatedAt":"2023-03-19T22:09:28.178Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":2,"revision":1,"contentType":{"sys":{"type":"Link","linkType":"ContentType","id":"tag"}},"locale":"de"},"fields":{"title":"Kennzahlen"}},{"metadata":{"tags":[],"concepts":[]},"sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"mj324dykhxwi"}},"id":"oBvlE5iLD2YDrRSVazdES","type":"Entry","createdAt":"2020-04-07T16:44:18.663Z","updatedAt":"2020-04-07T16:44:18.663Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":11,"revision":1,"contentType":{"sys":{"type":"Link","linkType":"ContentType","id":"tag"}},"locale":"de"},"fields":{"title":"UniCredit"}},{"metadata":{"tags":[],"concepts":[]},"sys":{"space":{"sys":{"type":"Link","linkType":"Space","id":"mj324dykhxwi"}},"id":"24gTkG5opLXFl6E1ZFW33Z","type":"Entry","createdAt":"2020-03-13T22:36:24.968Z","updatedAt":"2020-03-13T22:36:24.968Z","environment":{"sys":{"id":"master","type":"Link","linkType":"Environment"}},"publishedVersion":7,"revision":1,"contentType":{"sys":{"type":"Link","linkType":"ContentType","id":"tag"}},"locale":"de"},"fields":{"title":"Commerzbank"}}],"publishingDate":"2026-02-10T06:00","accessControl":"paid","id":"SW5mb0dyYXBoaWMtNjB1cmZDRmlzOUFrRmdZZG1XVjhoRA"}}},"content":[],"nodeType":"embedded-entry-block"},{"data":{},"content":[{"data":{},"marks":[{"type":"bold"}],"value":"Die Bilanz ist die wahre Verteidigungslinie ","nodeType":"text"}],"nodeType":"paragraph"}],"nodeType":"document"}

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