Bank stocks had an off day Wednesday, following Tuesday's gain of more than 1% in the Standard & Poor's bank stock index.

The bank index retreated 1.01%, the Standard & Poor's 500 dropped 0.58%, and the Dow Jones industrial average fell 0.22%.

Analysts said a relatively weak bond market and profit taking accounted for the declines.

BankAmerica Corp. shares fell $1.125 to close at $76.375. NationsBank Corp.'s dropped 62.5 cents to $77.875. Chase Manhattan Corp.'s slipped $1.375 to $73.25.

Fifth Third Bancorp was one of the few gainers, rising $1.187 to $56.312. The gains continued the momentum built from the Cincinnati-based bank's listing Monday on the Standard & Poor's 500, said analysts.

Barnett Banks Inc. stock rose 75 cents to $63.75, and State Street Boston Corp. gained $1.125 to $46.875.

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