Yes, but a bishop is not ever going to (and could not ever) reside at a monastery because it would be incompatible with their job as a bishop to do what monks do (retire to a life of prayer and contemplation). A bishop is the boss of all the diocesan priests, so needs to be a secular priest not a religious.

Source: not religious at all but my brother is a dominican friar so has explained this stuff to me. Also confirmed by this for example https://catholicsay.com/differences-between-a-bishop-archbis...