Bank stocks fell for a second straight day, dragged down by continued fallout from Bank One Corp.'s announcement late Tuesday that its earnings would fall far short of expectations.

After losing $15 billion of its market capitalization on Wednesday, Bank One dropped another 50 cents a share, or 1.2%, on Thursday, to $42.50. Stocks of other large banks also fell. Chase Manhattan Corp. declined $1.50, or 1.75%, to $84; Citigroup Inc., $1.3125, or 2.7%, to $47.6875; and J.P. Morgan & Co., $4.375, or 3.1%, to $134.875.

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