The name displayed in TimeMachineStatus is not always the same as what's displayed in Time Machine settings. I have two network backup destinations that have the same SMB share name but on different hosts. System Settings shows the host and share name, TimeMachineStatus shows just the share name in main list. (You can see the host name in the URL if you click on the destination in TimeMachineStatus).
It would be great if they were the same... Example below:

The name displayed in TimeMachineStatus is not always the same as what's displayed in Time Machine settings. I have two network backup destinations that have the same SMB share name but on different hosts. System Settings shows the host and share name, TimeMachineStatus shows just the share name in main list. (You can see the host name in the URL if you click on the destination in TimeMachineStatus).
It would be great if they were the same... Example below: