Not at the moment… at some point it probably does make sense to combine this tag component with the category banner component… then where the banners are shown can probably be handled in the theme settings if someone wants it one way or another.
I’ve just made an update to this component that makes it integrate better with Category Banners
When both components are installed and you’re filtered to a category and a tag, rather than stacking the banners, now the tag name will be shown within the category banner: