No, it's different. A "toast" is a floating element, a "push notification" which is detached from the panel, e.g. can disappear quite quickly. The banner is placed closest to the context where the action is triggered, e.g. might require the user to close it. If you have some disability, e.g. cognitive, visual or motor, it's likely to be easier to perceive the information. When a user creates an "issue", the "issue item" is displayed in the list, meaning that you won't need a secondary notification process.