Q.peach tree
one large limb had bark damaged in storm. wrapped damage with green tape designed for this. now all other limbs have more/larger leaves. the damaged one has a few crinkled/ dry leaves.
Bark damage is generally best to leave open to heal.
Severe damage can girdle a tree and cause die off of limbs or entire trees.
Fruit trees can be susceptible to disease from tree wounds. You will want to watch for signs of further issues.
These links have more information.
https://www.gardeningknowhow.com/ornamental/trees/tgen/repairing-tree-bark-damage.htm
https://www.gardeningknowhow.com/edible/fruits/fegen/what-is-gummosis.htm