The present disclosure provides an array substrate, a manufacturing method thereof and a display device. The array substrate includes: a display area and a peripheral area surrounding the display area; the display area is provided with a plurality of gate lines and a plurality of data lines, the gate lines and the data lines are crossed to define a plurality of sub-pixel regions distributed in an array; a first electrode, the first electrode including a first portion located in the display area and a second portion located in the peripheral area; an electrode connection line, the electrode connection line is located in the peripheral area, the electrode connection line is electrically connected to the second portion; a plurality of compensation signal lines, at least part of the compensation signal lines are located in the display area, and the compensation signal lines are electrically connected to the first portion.