An LCD with an integrated touch screen panel includes a first substrate having a plurality of pixels formed thereon, wherein each pixel of the plurality of pixels is provided with a thin film transistor and a pixel electrode. A second substrate faces the first substrate and has a plurality of common electrodes formed inside thereof. The plurality of common electrodes is arranged in a first direction to correspond to the plurality of pixels. A plurality of sensing electrodes is outside of the second substrate and arranged in a second direction intersecting the first direction. A liquid crystal layer is between the first and the second substrates. A common electrode driver sequentially supplies a driving signal to the common electrodes and supplies a compensation signal having a phase opposite to the driving signal to the common electrodes.